DLH (NASDAQ:DLHC) Raised to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of DLH (NASDAQ:DLHC) from a sell rating to a hold rating in a report released on Tuesday, Zacks.com reports.

According to Zacks, “DLH Holdings Corp. serves clients throughout the United States as a full-service provider of healthcare, logistics, and technical support services to DoD and Federal agencies. Its healthcare delivery solutions include professional services, such as case management, health and injury assessment, critical care, medical/surgical, emergency room/trauma center, counseling, behavioral health and trauma brain injury, medical systems analysis, and medical logistics, and allied support services in the areas of MRI technology, diagnostic sonography, phlebotomy, dosimetry, physical therapy, and pharmaceuticals. The company’s logistics and technical services include program and project management, systems engineering and applicable information technology services, integrated logistics support, training, equipment and non-tactical vehicle operations and maintenance, and facilities and shipyard support services. DLH Holdings Corp., formerly known as TeamStaff, Inc., is headquartered in Atlanta, Georgia. “

Separately, ValuEngine lowered Zumiez from a hold rating to a sell rating in a report on Tuesday, July 2nd.

Shares of NASDAQ:DLHC opened at $5.45 on Tuesday. DLH has a 1-year low of $4.16 and a 1-year high of $6.78. The firm has a market cap of $65.36 million, a price-to-earnings ratio of 10.86 and a beta of 0.93. The stock’s 50 day moving average price is $5.05.

DLH (NASDAQ:DLHC) last announced its quarterly earnings data on Tuesday, May 7th. The business services provider reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.03). DLH had a return on equity of 15.72% and a net margin of 4.65%. The firm had revenue of $33.76 million for the quarter, compared to analyst estimates of $35.00 million. Sell-side analysts anticipate that DLH will post 0.48 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the company. Punch & Associates Investment Management Inc. lifted its position in shares of DLH by 19.1% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 528,690 shares of the business services provider’s stock worth $3,384,000 after buying an additional 84,790 shares during the period. Marshall Wace LLP bought a new position in shares of DLH during the 1st quarter worth approximately $59,000. Finally, James Investment Research Inc. lifted its position in shares of DLH by 160.0% during the 1st quarter. James Investment Research Inc. now owns 7,800 shares of the business services provider’s stock worth $50,000 after buying an additional 4,800 shares during the period. 57.40% of the stock is currently owned by institutional investors.

About DLH

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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