DLH Holdings Corp. (NASDAQ:DLHC - Free Report) - Equities research analysts at Noble Financial lowered their FY2025 earnings estimates for shares of DLH in a report issued on Monday, December 9th. Noble Financial analyst J. Gomes now anticipates that the business services provider will post earnings per share of ($0.11) for the year, down from their prior estimate of $0.65.
DLH Trading Down 0.9 %
Shares of NASDAQ:DLHC traded down $0.07 during mid-day trading on Thursday, reaching $7.53. 31,604 shares of the company were exchanged, compared to its average volume of 48,421. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market cap of $108.36 million, a price-to-earnings ratio of 14.90 and a beta of 1.16. The firm's 50-day simple moving average is $8.53 and its 200 day simple moving average is $9.91. DLH has a 1 year low of $7.49 and a 1 year high of $17.58.
Hedge Funds Weigh In On DLH
A number of hedge funds have recently made changes to their positions in DLHC. Rhumbline Advisers purchased a new position in shares of DLH during the 2nd quarter worth approximately $90,000. Barclays PLC boosted its position in shares of DLH by 299.3% during the 3rd quarter. Barclays PLC now owns 11,716 shares of the business services provider's stock worth $109,000 after purchasing an additional 8,782 shares during the period. BNP Paribas Financial Markets boosted its position in shares of DLH by 654.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider's stock worth $139,000 after purchasing an additional 12,906 shares during the period. Squarepoint Ops LLC purchased a new position in DLH in the 2nd quarter valued at approximately $367,000. Finally, Bank of New York Mellon Corp boosted its position in DLH by 160.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider's stock valued at $393,000 after buying an additional 22,928 shares during the period. Hedge funds and other institutional investors own 67.25% of the company's stock.
DLH Company Profile
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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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