DLH (NASDAQ:DLHC) Announces Earnings Results

DLH (NASDAQ:DLHC) posted its earnings results on Wednesday. The business services provider reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01, Zacks reports. DLH had a return on equity of 6.88% and a net margin of 1.87%.

DLH Stock Performance

NASDAQ DLHC opened at $6.41 on Friday. The company has a market capitalization of $92.17 million, a price-to-earnings ratio of 12.56 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.25. DLH has a twelve month low of $6.15 and a twelve month high of $17.58. The stock has a fifty day simple moving average of $7.79 and a 200 day simple moving average of $8.96.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of DLH from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th.

Insider Buying and Selling at DLH

In other DLH news, CFO Kathryn M. Johnbull bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was acquired at an average price of $7.76 per share, with a total value of $77,600.00. Following the completion of the purchase, the chief financial officer now directly owns 528,687 shares of the company’s stock, valued at approximately $4,102,611.12. This trade represents a 1.93 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 15.30% of the company’s stock.

About DLH

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).