DLH (NASDAQ:DLHC) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Tuesday.
Several other equities research analysts have also recently weighed in on the company. Zacks Investment Research cut DLH from a “hold” rating to a “sell” rating in a research note on Friday, May 18th. Noble Financial set a $8.00 target price on DLH and gave the stock a “buy” rating in a research note on Wednesday, May 16th. Finally, TheStreet cut DLH from a “b-” rating to a “c” rating in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. DLH presently has a consensus rating of “Hold” and an average target price of $7.17.
DLH opened at $5.45 on Tuesday, according to Marketbeat Ratings. DLH has a fifty-two week low of $4.99 and a fifty-two week high of $6.83. The firm has a market cap of $68.54 million, a price-to-earnings ratio of 20.19 and a beta of 0.43.
DLH (NASDAQ:DLHC) last released its earnings results on Wednesday, May 16th. The business services provider reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.03). DLH had a return on equity of 10.88% and a net margin of 0.36%. The business had revenue of $34.40 million for the quarter, compared to the consensus estimate of $31.00 million. equities analysts anticipate that DLH will post 0.48 EPS for the current fiscal year.
In other DLH news, CFO Kathryn M. Johnbull bought 13,000 shares of the business’s stock in a transaction on Thursday, March 1st. The stock was purchased at an average cost of $5.84 per share, for a total transaction of $75,920.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William H. Alderman sold 7,150 shares of the company’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $5.70, for a total value of $40,755.00. Following the sale, the director now owns 75,000 shares of the company’s stock, valued at $427,500. The disclosure for this sale can be found here. Insiders have sold 33,966 shares of company stock valued at $196,417 over the last 90 days. Corporate insiders own 25.90% of the company’s stock.
Several large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its holdings in shares of DLH by 38.7% during the first quarter. Dimensional Fund Advisors LP now owns 41,093 shares of the business services provider’s stock worth $240,000 after buying an additional 11,459 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of DLH by 8.9% during the fourth 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 in the last quarter. Finally, Polar Asset Management Partners Inc. increased its holdings in shares of DLH by 71.8% during the first quarter. Polar Asset Management Partners Inc. now owns 731,393 shares of the business services provider’s stock worth $4,271,000 after buying an additional 305,645 shares in the last quarter. Institutional investors own 56.43% of the company’s stock.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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