DLH (NASDAQ:DLHC) Announces Earnings Results, Beats Expectations By $0.01 EPS

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

DLH Trading Down 2.0 %

NASDAQ:DLHC traded down $0.15 during trading hours on Wednesday, hitting $7.22. The company had a trading volume of 36,493 shares, compared to its average volume of 27,521. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a 50-day moving average price of $7.86 and a 200 day moving average price of $8.99. The company has a market capitalization of $103.90 million, a PE ratio of 14.16 and a beta of 1.18. DLH has a 52 week low of $7.18 and a 52 week high of $17.58.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other news, CFO Kathryn M. Johnbull bought 10,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were purchased at an average price of $7.76 per share, for a total transaction of $77,600.00. Following the completion of the purchase, the chief financial officer now owns 528,687 shares in the company, valued at approximately $4,102,611.12. This represents a 1.93 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 15.30% of the stock is currently owned by company insiders.

DLH Company Profile

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).