DHI Group (DHX) Rating Increased to Buy at Zacks Investment Research

DHI Group (NYSE:DHX) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Tuesday. The firm currently has a $2.00 price objective on the technology company’s stock. Zacks Investment Research‘s price target indicates a potential upside of 6.95% from the company’s current price.

According to Zacks, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York. “

Other research analysts have also issued reports about the stock. ValuEngine lowered shares of DHI Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. B. Riley raised shares of DHI Group from a “neutral” rating to a “buy” rating and set a $2.50 target price on the stock in a research note on Monday.

NYSE:DHX opened at $1.87 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.44 and a current ratio of 0.44. DHI Group has a 52 week low of $1.25 and a 52 week high of $3.25. The firm has a market capitalization of $101.55 million, a PE ratio of 12.00 and a beta of 1.34.

DHI Group (NYSE:DHX) last issued its earnings results on Thursday, November 1st. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.01. The business had revenue of $38.92 million for the quarter, compared to analyst estimates of $39.22 million. DHI Group had a net margin of 9.16% and a return on equity of 5.27%. During the same period in the prior year, the firm earned $0.03 earnings per share. Equities research analysts forecast that DHI Group will post 0.15 earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Citadel Advisors LLC bought a new position in DHI Group during the second quarter worth $101,000. Laurion Capital Management LP acquired a new position in DHI Group during the second quarter worth $110,000. Jane Street Group LLC raised its holdings in DHI Group by 138.3% during the second quarter. Jane Street Group LLC now owns 51,475 shares of the technology company’s stock worth $121,000 after buying an additional 29,875 shares during the last quarter. Bank of America Corp DE raised its holdings in DHI Group by 102.2% during the second quarter. Bank of America Corp DE now owns 57,569 shares of the technology company’s stock worth $135,000 after buying an additional 29,095 shares during the last quarter. Finally, American Century Companies Inc. acquired a new position in DHI Group during the second quarter worth $146,000. 66.11% of the stock is currently owned by institutional investors and hedge funds.

About DHI Group

DHI Group, Inc provides data, insights, and connections services to professional communities in the United States and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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