DLH (NASDAQ:DLHC) Announces Earnings Results

DLH (NASDAQ:DLHC) released its earnings results on Wednesday. The business services provider reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06), Zacks reports. DLH had a return on equity of 7.03% and a net margin of 0.62%. The business had revenue of $100.69 million for the quarter, compared to analyst estimates of $103.00 million. During the same period in the prior year, the firm posted $0.12 EPS.

DLH Stock Down 1.6 %

Shares of DLH stock traded down $0.17 on Friday, hitting $10.22. The company had a trading volume of 35,677 shares, compared to its average volume of 37,542. The stock has a 50-day moving average of $11.09 and a 200-day moving average of $12.78. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.05 and a quick ratio of 1.03. DLH has a twelve month low of $9.55 and a twelve month high of $17.58. The firm has a market capitalization of $144.92 million, a P/E ratio of 48.67 and a beta of 1.18.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded DLH from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 4th.

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).