ValuEngine Lowers DHI Group (NYSE:DHX) to Hold

DHI Group (NYSE:DHX) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Sunday, December 31st.

DHX has been the subject of a number of other reports. B. Riley reiterated a “hold” rating and set a $3.00 price objective on shares of DHI Group in a research note on Friday, October 27th. Zacks Investment Research cut DHI Group from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. DHI Group presently has a consensus rating of “Hold” and a consensus target price of $6.25.

DHI Group (NYSE DHX) opened at $1.85 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $92.95, a price-to-earnings ratio of 9.25 and a beta of 0.91. DHI Group has a 52-week low of $1.60 and a 52-week high of $6.30.

DHI Group (NYSE:DHX) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. DHI Group had a return on equity of 11.37% and a net margin of 4.58%. equities research analysts forecast that DHI Group will post 0.14 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in DHX. Alliancebernstein L.P. grew its position in DHI Group by 148.1% in the 2nd quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock valued at $109,000 after acquiring an additional 22,860 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in DHI Group in the 2nd quarter valued at $112,000. Citadel Advisors LLC bought a new position in DHI Group in the 2nd quarter valued at $117,000. Brandes Investment Partners LP bought a new position in DHI Group in the 3rd quarter valued at $125,000. Finally, Metropolitan Life Insurance Co. NY grew its position in DHI Group by 14.6% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 33,113 shares of the technology company’s stock valued at $131,000 after acquiring an additional 4,225 shares during the last quarter. Institutional investors own 81.38% of the company’s stock.

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About DHI Group

DHI Group, Inc provides data, insights and employment connections through specialized services for professional communities, including technology and security clearance, financial services, energy, healthcare and hospitality. The Company’s segments are Tech & Clearance, which includes Dice, Dice Europe and ClearanceJobs; Global Industry Group, which includes eFinancialCareers, Rigzone, Hcareers and BioSpace; Healthcare, which includes Health eCareers, and Corporate & Other, which includes Slashdot Media and Brightmatter.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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