DLH (DLHC) Releases Quarterly Earnings Results

DLH (NASDAQ:DLHC) announced its earnings results on Thursday. The business services provider reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03, MarketWatch Earnings reports. DLH had a return on equity of 14.20% and a net margin of 1.38%. The company had revenue of $32.49 million for the quarter, compared to the consensus estimate of $33.30 million.

Shares of DLHC stock opened at $4.72 on Friday. DLH has a twelve month low of $4.50 and a twelve month high of $6.70. The company has a market capitalization of $57.12 million, a price-to-earnings ratio of 11.71 and a beta of 0.20.

Several research analysts have weighed in on the company. ValuEngine upgraded DLH from a “sell” rating to a “hold” rating in a research note on Tuesday, October 30th. Zacks Investment Research downgraded DLH from a “buy” rating to a “hold” rating in a research note on Monday, October 29th. Finally, Noble Financial reiterated a “buy” rating and issued a $8.25 target price on shares of DLH in a research note on Tuesday, August 28th.

An institutional investor recently raised its position in DLH stock. Vanguard Group Inc raised its stake in DLH Holdings Corp (NASDAQ:DLHC) by 9.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 80,500 shares of the business services provider’s stock after purchasing an additional 6,766 shares during the quarter. Vanguard Group Inc owned 0.68% of DLH worth $464,000 at the end of the most recent reporting period. Institutional investors own 56.78% of the company’s stock.

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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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Earnings History for DLH (NASDAQ:DLHC)

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