DHI Group (DHX) Upgraded to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of DHI Group (NYSE:DHX) from a hold rating to a buy rating in a report released on Monday. They currently have $2.25 price target on the technology company’s stock.

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. “

Several other equities analysts also recently commented on DHX. B. Riley upgraded DHI Group from a neutral rating to a buy rating and set a $2.50 price objective on the stock in a research report on Monday, November 5th. ValuEngine upgraded DHI Group from a sell rating to a hold rating in a research report on Wednesday, January 2nd.

Shares of DHX opened at $2.01 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.44 and a quick ratio of 0.44. DHI Group has a one year low of $1.25 and a one year high of $3.25. The firm has a market capitalization of $106.31 million, a P/E ratio of 12.56 and a beta of 1.35.

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

Several institutional investors have recently made changes to their positions in DHX. Dimensional Fund Advisors LP lifted its position in shares of DHI Group by 4.3% in the second quarter. Dimensional Fund Advisors LP now owns 3,356,408 shares of the technology company’s stock valued at $7,887,000 after acquiring an additional 137,975 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of DHI Group in the second quarter valued at about $101,000. Renaissance Technologies LLC lifted its position in shares of DHI Group by 17.2% in the second quarter. Renaissance Technologies LLC now owns 2,143,500 shares of the technology company’s stock valued at $5,037,000 after acquiring an additional 314,200 shares in the last quarter. Laurion Capital Management LP purchased a new stake in shares of DHI Group in the second quarter worth about $110,000. Finally, Bank of America Corp DE lifted its position in shares of DHI Group by 102.2% in 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 in the last quarter. Institutional investors and hedge funds own 65.28% of the company’s stock.

DHI Group Company Profile

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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