DHI Group, Inc. (DHX) Given Consensus Recommendation of “Hold” by Brokerages

Shares of DHI Group, Inc. (NYSE:DHX) have been given a consensus recommendation of “Hold” by the seven brokerages that are currently covering the firm. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $8.38.

DHX has been the topic of several research reports. Zacks Investment Research lowered DHI Group from a “hold” rating to a “sell” rating in a research note on Wednesday, October 19th. TheStreet lowered DHI Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 2nd. Canaccord Genuity restated a “buy” rating and set a $11.00 price target on shares of DHI Group in a research note on Tuesday, February 7th. Finally, B. Riley restated a “neutral” rating and set a $7.25 price target on shares of DHI Group in a research note on Tuesday, October 18th.

This piece of content was first published by sleekmoney and is owned by of sleekmoney. If you are accessing this piece of content on another domain, it was copied illegally and reposted in violation of United States and international copyright laws. The legal version of this piece of content can be read at http://sleekmoney.com/dhi-group-inc-dhx-given-consensus-recommendation-of-hold-by-brokerages/1661666.html.

Shares of DHI Group (NYSE:DHX) opened at 5.05 on Friday. The firm’s 50-day moving average price is $5.78 and its 200 day moving average price is $6.62. DHI Group has a 52 week low of $4.60 and a 52 week high of $8.43. The company’s market cap is $239.59 million.

DHI Group (NYSE:DHX) last posted its quarterly earnings data on Tuesday, February 7th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. DHI Group had a positive return on equity of 16.44% and a negative net margin of 2.38%. The business earned $54.90 million during the quarter, compared to analysts’ expectations of $54.69 million. During the same quarter in the previous year, the firm earned $0.12 EPS. The firm’s revenue was down 15.6% compared to the same quarter last year. On average, equities analysts predict that DHI Group will post $0.27 EPS for the current fiscal year.

In other news, VP Brian P. Campbell sold 28,473 shares of the company’s stock in a transaction that occurred on Thursday, January 5th. The stock was sold at an average price of $6.28, for a total value of $178,810.44. Following the sale, the vice president now directly owns 110,901 shares in the company, valued at approximately $696,458.28. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider James Edward Bennett sold 4,295 shares of the company’s stock in a transaction that occurred on Wednesday, January 18th. The shares were sold at an average price of $6.22, for a total value of $26,714.90. Following the completion of the sale, the insider now owns 133,590 shares in the company, valued at $830,929.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 66,188 shares of company stock worth $415,102. Corporate insiders own 7.20% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in DHX. California Public Employees Retirement System raised its stake in DHI Group by 9.0% in the third quarter. California Public Employees Retirement System now owns 155,300 shares of the company’s stock worth $1,225,000 after buying an additional 12,800 shares during the period. Algert Global LLC raised its stake in DHI Group by 87.4% in the third quarter. Algert Global LLC now owns 193,780 shares of the company’s stock worth $1,529,000 after buying an additional 90,348 shares during the period. Royal Bank of Canada raised its stake in DHI Group by 5.6% in the second quarter. Royal Bank of Canada now owns 47,022 shares of the company’s stock worth $293,000 after buying an additional 2,500 shares during the period. Schwab Charles Investment Management Inc. raised its stake in DHI Group by 4.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 485,425 shares of the company’s stock worth $3,025,000 after buying an additional 21,014 shares during the period. Finally, Wedge Capital Management L L P NC raised its stake in DHI Group by 20.4% in the second quarter. Wedge Capital Management L L P NC now owns 228,500 shares of the company’s stock worth $1,424,000 after buying an additional 38,700 shares during the period. Institutional investors and hedge funds own 88.88% of the company’s stock.

DHI Group Company Profile

DHI Group, Inc formerly Dice Holdings, Inc is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. Its online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content.

5 Day Chart for NYSE:DHX

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/dhi-group-inc-dhx-given-consensus-recommendation-of-hold-by-brokerages/1661666.html

Receive News & Ratings for DHI Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DHI Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *