DLH Holdings Corp. (NASDAQ:DLHC) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday, July 24th.
A number of other research analysts have also commented on the company. Zacks Investment Research raised DLH Holdings Corp. from a “hold” rating to a “buy” rating and set a $5.50 target price on the stock in a report on Monday, May 8th. Noble Financial reissued a “buy” rating on shares of DLH Holdings Corp. in a research note on Saturday, May 20th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $6.67.
Shares of DLH Holdings Corp. (DLHC) opened at 5.99 on Monday. The stock has a market capitalization of $69.48 million, a PE ratio of 16.06 and a beta of 0.72. The firm has a 50-day moving average of $5.75 and a 200 day moving average of $5.38. DLH Holdings Corp. has a 52-week low of $4.10 and a 52-week high of $7.38.
DLH Holdings Corp. (NASDAQ:DLHC) last issued its quarterly earnings results on Tuesday, August 8th. The business services provider reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $29.26 million for the quarter, compared to analyst estimates of $32 million. DLH Holdings Corp. had a net margin of 4.12% and a return on equity of 13.97%. Equities research analysts forecast that DLH Holdings Corp. will post $0.26 EPS for the current fiscal year.
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An institutional investor recently raised its position in DLH Holdings Corp. stock. Essex Investment Management Co. LLC increased its position in shares of DLH Holdings Corp. (NASDAQ:DLHC) by 19.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,844 shares of the business services provider’s stock after buying an additional 4,758 shares during the period. Essex Investment Management Co. LLC owned 0.26% of DLH Holdings Corp. worth $155,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 50.92% of the company’s stock.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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