Barrington Research Reaffirms Outperform Rating for DHI Group (NYSE:DHX)

DHI Group (NYSE:DHX)‘s stock had its “outperform” rating reiterated by analysts at Barrington Research in a note issued to investors on Friday,Benzinga reports. They presently have a $7.00 price objective on the technology company’s stock. Barrington Research’s target price suggests a potential upside of 369.80% from the company’s previous close.

DHI Group Trading Down 8.0 %

Shares of DHX stock opened at $1.49 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.47. DHI Group has a 52-week low of $1.45 and a 52-week high of $3.32. The company has a market capitalization of $72.89 million, a PE ratio of 149.15 and a beta of 1.08. The business’s fifty day moving average is $2.42 and its 200 day moving average is $2.00.

DHI Group (NYSE:DHX) last issued its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. On average, equities research analysts anticipate that DHI Group will post 0.11 EPS for the current fiscal year.

DHI Group announced that its board has authorized a share buyback plan on Tuesday, January 21st that permits the company to buyback $5.00 million in outstanding shares. This buyback authorization permits the technology company to reacquire up to 4.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at DHI Group

In other news, Director Kathleen M. Swann sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $2.96, for a total transaction of $29,600.00. Following the transaction, the director now directly owns 118,113 shares of the company’s stock, valued at approximately $349,614.48. This trade represents a 7.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 15,200 shares of company stock worth $39,830 over the last 90 days. Corporate insiders own 15.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Royce & Associates LP grew its stake in shares of DHI Group by 2.7% during the fourth quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company’s stock valued at $6,108,000 after buying an additional 91,786 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its stake in shares of DHI Group by 9.5% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 3,237,947 shares of the technology company’s stock valued at $5,731,000 after buying an additional 280,699 shares during the last quarter. Tieton Capital Management LLC grew its stake in shares of DHI Group by 24.3% in the fourth quarter. Tieton Capital Management LLC now owns 3,008,584 shares of the technology company’s stock worth $5,325,000 after purchasing an additional 587,376 shares during the last quarter. AWM Investment Company Inc. grew its stake in shares of DHI Group by 17.2% in the fourth quarter. AWM Investment Company Inc. now owns 681,000 shares of the technology company’s stock worth $1,205,000 after purchasing an additional 100,000 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of DHI Group by 2.3% in the third quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock worth $698,000 after purchasing an additional 8,547 shares during the last quarter. 69.26% of the stock is owned by institutional investors.

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.