Shares of DLH Holdings Corp. (NASDAQ:DLHC) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Brokers have set a 12-month consensus price objective of $7.13 for the company and are anticipating that the company will post $0.15 EPS for the current quarter, according to Zacks. Zacks has also assigned DLH an industry rank of 41 out of 265 based on the ratings given to related companies.
DLHC has been the subject of several analyst reports. TheStreet raised DLH from a “c” rating to a “b-” rating in a research note on Wednesday, November 1st. Zacks Investment Research raised DLH from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a research note on Friday, December 8th.
DLH (NASDAQ DLHC) traded up $0.03 on Monday, reaching $5.78. The company had a trading volume of 8,600 shares, compared to its average volume of 11,887. DLH has a 1 year low of $4.10 and a 1 year high of $6.83. The firm has a market cap of $68.68, a PE ratio of 20.64 and a beta of 0.12.
DLH (NASDAQ:DLHC) last released its earnings results on Tuesday, February 6th. The business services provider reported $0.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.01. DLH had a return on equity of 10.06% and a net margin of 0.09%. The firm had revenue of $30.22 million during the quarter, compared to analysts’ expectations of $29.00 million. research analysts expect that DLH will post 0.56 EPS for the current fiscal year.
In other DLH news, major shareholder Wynnefield Partners Small Cap sold 150,000 shares of DLH stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $6.15, for a total transaction of $922,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 25.90% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC lifted its holdings in DLH by 8.9% during the 4th quarter. Renaissance Technologies LLC now owns 161,290 shares of the business services provider’s stock worth $994,000 after buying an additional 13,200 shares during the last quarter. Dimensional Fund Advisors LP purchased a new stake in DLH during the 3rd quarter worth about $121,000. Commonwealth Equity Services Inc purchased a new stake in DLH during the 3rd quarter worth about $2,342,000. Finally, Essex Investment Management Co. LLC lifted its holdings in DLH by 149.2% during the 3rd quarter. Essex Investment Management Co. LLC now owns 71,887 shares of the business services provider’s stock worth $466,000 after buying an additional 43,043 shares during the last quarter. 57.23% of the stock is owned by institutional investors.
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DLH Company Profile
DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.
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