DLH (NASDAQ:DLHC) Posts Earnings Results, Misses Expectations By $0.01 EPS

DLH (NASDAQ:DLHC) released its quarterly earnings results on Wednesday. The business services provider reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01), Zacks reports. DLH had a net margin of 0.51% and a return on equity of 6.78%. The firm had revenue of $101.01 million for the quarter, compared to the consensus estimate of $99.00 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share.

DLH Stock Up 4.0 %

Shares of NASDAQ DLHC traded up $0.42 during mid-day trading on Thursday, hitting $10.92. 24,073 shares of the stock traded hands, compared to its average volume of 38,704. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.01 and a current ratio of 1.01. DLH has a 52 week low of $9.01 and a 52 week high of $17.58. The company has a market cap of $155.39 million, a price-to-earnings ratio of 70.00 and a beta of 1.27. The stock has a fifty day moving average price of $13.24 and a 200-day moving average price of $14.37.

Insider Activity at DLH

In other DLH news, insider Jeanine M. Christian sold 3,826 shares of the business’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $16.99, for a total value of $65,003.74. Following the sale, the insider now directly owns 21,125 shares of the company’s stock, valued at $358,913.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 21.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered DLH from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 26th.

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).