DLH Holdings Corp (NASDAQ:DLHC) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus price objective of $8.25 for the company and are expecting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given DLH an industry rank of 61 out of 257 based on the ratings given to related companies.
Several brokerages recently weighed in on DLHC. ValuEngine raised shares of DLH from a “sell” rating to a “hold” rating in a research note on Tuesday, October 30th. Zacks Investment Research downgraded shares of DLH from a “buy” rating to a “hold” rating in a research note on Monday, October 29th. Finally, Noble Financial reaffirmed a “buy” rating and set a $8.25 price objective on shares of DLH in a research note on Tuesday, August 28th.
DLHC stock traded down $0.13 during trading on Friday, hitting $5.13. The stock had a trading volume of 4,019 shares, compared to its average volume of 10,798. DLH has a 1-year low of $4.90 and a 1-year high of $6.70. The company has a market capitalization of $63.42 million, a price-to-earnings ratio of 19.00 and a beta of 0.14.
In other news, insider Kevin Wilson sold 30,000 shares of the company’s stock in a transaction dated Wednesday, September 12th. The shares were sold at an average price of $5.00, for a total transaction of $150,000.00. Following the completion of the transaction, the insider now owns 305,006 shares of the company’s stock, valued at approximately $1,525,030. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 25.90% of the company’s stock.
A hedge fund recently raised its stake in DLH stock. Dimensional Fund Advisors LP increased its holdings in shares of DLH Holdings Corp (NASDAQ:DLHC) by 38.7% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,093 shares of the business services provider’s stock after purchasing an additional 11,459 shares during the quarter. Dimensional Fund Advisors LP owned 0.35% of DLH worth $240,000 as of its most recent filing with the SEC. 57.48% of the stock is owned by institutional investors.
DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans' health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.
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