Analysts Anticipate DLH Holdings Corp (DLHC) to Announce $0.14 Earnings Per Share

DLH Holdings Corp (NASDAQ:DLHC) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokers have set a 12 month consensus price target of $8.25 for the company and are anticipating that the company will post $0.14 EPS for the current quarter, according to Zacks. Zacks has also given DLH an industry rank of 224 out of 256 based on the ratings given to its competitors.

A number of research firms recently weighed in on DLHC. Zacks Investment Research lowered DLH from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 23rd. Noble Financial reissued a “buy” rating and issued a $8.25 target price on shares of DLH in a research note on Sunday, February 17th.

In other news, insider Kevin Wilson sold 20,000 shares of the company’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $6.01, for a total transaction of $120,200.00. Following the transaction, the insider now directly owns 285,006 shares of the company’s stock, valued at approximately $1,712,886.06. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Wynnefield Partners Small Cap sold 25,000 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $6.30, for a total transaction of $157,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 232,843 shares of company stock worth $1,411,702. Insiders own 22.30% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. James Investment Research Inc. increased its holdings in DLH by 160.0% in the first quarter. James Investment Research Inc. now owns 7,800 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 4,800 shares during the last quarter. Vanguard Group Inc raised its position in shares of DLH by 9.2% in the 3rd quarter. Vanguard Group Inc now owns 80,500 shares of the business services provider’s stock worth $464,000 after acquiring an additional 6,766 shares in the last quarter. Perritt Capital Management Inc. raised its position in shares of DLH by 42.1% in the 4th quarter. Perritt Capital Management Inc. now owns 510,715 shares of the business services provider’s stock worth $2,378,000 after acquiring an additional 151,217 shares in the last quarter. Finally, California Public Employees Retirement System bought a new position in shares of DLH in the 1st quarter worth about $1,282,000. Institutional investors and hedge funds own 57.23% of the company’s stock.

DLH stock traded down $0.24 during trading hours on Friday, hitting $6.16. The company had a trading volume of 11,095 shares, compared to its average volume of 40,329. The stock has a market cap of $74.74 million, a price-to-earnings ratio of 15.41 and a beta of 0.68. DLH has a 1 year low of $4.16 and a 1 year high of $6.78.

DLH (NASDAQ:DLHC) last posted its quarterly earnings data on Tuesday, May 7th. The business services provider reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.03). DLH had a net margin of 4.66% and a return on equity of 16.58%. The company had revenue of $33.76 million for the quarter, compared to analysts’ expectations of $35.00 million. On average, research analysts predict that DLH will post 0.56 earnings per share for the current year.

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.

See Also: Dividend Aristocrat Index

Get a free copy of the Zacks research report on DLH (DLHC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for DLH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DLH and related companies with MarketBeat.com's FREE daily email newsletter.