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

DLH (NASDAQ:DLHC - Get Free Report) released its quarterly earnings results on Wednesday. The business services provider reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.01, Zacks reports. DLH had a return on equity of 5.82% and a net margin of 1.64%.

DLH Stock Performance

NASDAQ DLHC traded up $0.02 during trading hours on Friday, hitting $6.35. 71,528 shares of the stock were exchanged, compared to its average volume of 34,330. DLH has a 12-month low of $6.15 and a 12-month high of $17.58. The stock has a 50-day moving average of $7.75 and a 200 day moving average of $8.90. The company has a market cap of $91.38 million, a price-to-earnings ratio of 14.43 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 1.04 and a debt-to-equity ratio of 1.21.

Analysts Set New Price Targets

Separately, StockNews.com lowered DLH from a "buy" rating to a "hold" rating in a report on Friday.

Insiders Place Their Bets

In related news, CFO Kathryn M. Johnbull purchased 10,000 shares of the stock in a transaction dated 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 purchase, the chief financial officer now directly owns 528,687 shares in the company, valued at $4,102,611.12. This trade represents a 1.93 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 15.30% of the stock is currently owned by 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).