Barrington Research Reaffirms “Outperform” Rating for DHI Group (NYSE:DHX)

Barrington Research restated their outperform rating on shares of DHI Group (NYSE:DHX) in a research report released on Monday morning,Benzinga reports. Barrington Research currently has a $7.00 price objective on the technology company’s stock.

Separately, StockNews.com lowered shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th.

DHI Group Price Performance

NYSE DHX opened at $1.62 on Monday. The company has a 50-day moving average price of $1.72 and a two-hundred day moving average price of $1.98. DHI Group has a 52 week low of $1.45 and a 52 week high of $2.98. The stock has a market cap of $78.41 million, a price-to-earnings ratio of 40.51 and a beta of 1.04. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.32.

DHI Group (NYSE:DHX) last posted its earnings results on Tuesday, November 12th. The technology company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. DHI Group had a return on equity of 7.93% and a net margin of 0.95%. The firm had revenue of $35.28 million for the quarter, compared to analysts’ expectations of $35.24 million. Analysts forecast that DHI Group will post 0.19 EPS for the current year.

Institutional Trading of DHI Group

Institutional investors have recently modified their holdings of the company. Point72 DIFC Ltd bought a new stake in DHI Group in the second quarter worth about $30,000. Virtu Financial LLC bought a new stake in shares of DHI Group in the 1st quarter worth approximately $39,000. Cubist Systematic Strategies LLC acquired a new stake in DHI Group during the second quarter valued at approximately $35,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in DHI Group during the first quarter worth approximately $45,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in DHI Group in the second quarter worth approximately $41,000. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.