DLH (NASDAQ:DLHC – Get Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $0.08 earnings per share (EPS) for the quarter, topping 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 Price Performance
Shares of DLH stock opened at $7.22 on Thursday. The firm has a market cap of $103.90 million, a PE ratio of 14.16 and a beta of 1.18. The company’s fifty day simple moving average is $7.84 and its two-hundred day simple moving average is $8.98. 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 12-month low of $7.18 and a 12-month high of $17.58.
Analysts Set New Price Targets
Separately, StockNews.com raised DLH from a “hold” rating to a “buy” rating in a research note on Thursday, January 9th.
Insider Transactions at DLH
In related news, CFO Kathryn M. Johnbull acquired 10,000 shares of DLH stock in a transaction on Tuesday, December 17th. The shares were acquired at an average cost of $7.76 per share, with a total value of $77,600.00. Following the transaction, the chief financial officer now owns 528,687 shares in the company, valued at $4,102,611.12. This trade represents a 1.93 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 15.30% of the stock is currently owned by company insiders.
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).
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