DHI Group (NYSE:DHX) Downgraded by StockNews.com

StockNews.com lowered shares of DHI Group (NYSE:DHX) from a strong-buy rating to a buy rating in a research note issued to investors on Friday morning.

Separately, Barrington Research reaffirmed an outperform rating and issued a $7.00 price target on shares of DHI Group in a report on Tuesday, May 28th.

DHI Group Price Performance

DHI Group stock opened at $2.00 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.52 and a quick ratio of 0.52. DHI Group has a one year low of $1.85 and a one year high of $4.22. The firm has a market capitalization of $96.68 million, a P/E ratio of 50.01 and a beta of 1.03. The business has a fifty day moving average price of $2.14 and a 200-day moving average price of $2.37.

DHI Group (NYSE:DHX) last posted its earnings results on Wednesday, May 8th. The technology company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. DHI Group had a return on equity of 5.72% and a net margin of 1.02%. The business had revenue of $36.03 million during the quarter, compared to analyst estimates of $35.97 million. During the same quarter in the previous year, the firm earned $0.01 EPS. As a group, equities research analysts forecast that DHI Group will post 0.17 EPS for the current year.

Institutional Trading of DHI Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC raised its stake in shares of DHI Group by 24.5% during the fourth quarter. SG Americas Securities LLC now owns 23,436 shares of the technology company’s stock worth $61,000 after acquiring an additional 4,617 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in shares of DHI Group by 35,594.4% during the 4th quarter. First Eagle Investment Management LLC now owns 158,126 shares of the technology company’s stock valued at $410,000 after purchasing an additional 157,683 shares during the last quarter. Franklin Resources Inc. raised its position in DHI Group by 47.5% in the 4th quarter. Franklin Resources Inc. now owns 531,181 shares of the technology company’s stock worth $1,376,000 after purchasing an additional 170,964 shares during the period. Tieton Capital Management LLC lifted its stake in DHI Group by 13.3% in the fourth quarter. Tieton Capital Management LLC now owns 1,472,992 shares of the technology company’s stock worth $3,815,000 after purchasing an additional 172,637 shares during the last quarter. Finally, Pacific Ridge Capital Partners LLC boosted its position in DHI Group by 756.1% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 1,309,731 shares of the technology company’s stock valued at $3,392,000 after buying an additional 1,156,740 shares during the period. Hedge funds and other institutional investors own 69.26% of the company’s stock.

About DHI Group

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.