Shares of DLH Holdings (NASDAQ:DLHC) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price objective of $8.25 for the company and are anticipating that the company will post $0.12 earnings per share for the current quarter, according to Zacks. Zacks has also assigned DLH an industry rank of 114 out of 265 based on the ratings given to its competitors.
A number of equities analysts recently commented on DLHC shares. Zacks Investment Research upgraded DLH from a “hold” rating to a “buy” rating and set a $6.50 price target for the company in a research note on Monday, April 2nd. ValuEngine upgraded DLH from a “hold” rating to a “buy” rating in a research note on Friday, March 2nd. Finally, TheStreet downgraded DLH from a “b-” rating to a “c” rating in a research note on Thursday, February 8th.
NASDAQ:DLHC traded down $0.07 during mid-day trading on Friday, reaching $5.83. The stock had a trading volume of 1,387 shares, compared to its average volume of 10,656. The company has a market capitalization of $70.11, a price-to-earnings ratio of 21.07 and a beta of 0.41. DLH has a 1-year low of $4.10 and a 1-year high of $6.83.
DLH (NASDAQ:DLHC) last posted its quarterly earnings results on Tuesday, February 6th. The business services provider reported $0.04 EPS for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.01. The business had revenue of $30.22 million during the quarter, compared to the consensus estimate of $29.00 million. DLH had a return on equity of 10.06% and a net margin of 0.09%. analysts expect that DLH will post 0.56 earnings per share for the current fiscal year.
In related news, Director William H. Alderman sold 7,150 shares of DLH stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $5.70, for a total value of $40,755.00. Following the completion of the transaction, the director now directly owns 75,000 shares in the company, valued at $427,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Wynnefield Partners Small Cap sold 200,000 shares of DLH stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $6.00, for a total value of $1,200,000.00. The disclosure for this sale can be found here. Insiders sold 234,966 shares of company stock valued at $1,402,187 over the last quarter. Insiders own 25.90% of the company’s stock.
A hedge fund recently raised its stake in DLH stock. Renaissance Technologies LLC grew its holdings in shares of DLH Holdings (NASDAQ:DLHC) by 8.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 161,290 shares of the business services provider’s stock after buying an additional 13,200 shares during the period. Renaissance Technologies LLC owned 1.36% of DLH worth $994,000 as of its most recent filing with the Securities and Exchange Commission. 55.53% of the stock is currently owned by institutional investors.
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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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