DLH (NASDAQ:DLHC) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• DLH reported Q earnings of ($0.17) per share, missing the consensus by $0.01, while revenue of $59.27 million surpassed estimates of $58.00 million; the company posted a negative return on equity (0.95%) and a negative net margin (-0.33%).
• Shares traded down to $5.60 on Wednesday with a market cap of $81.14 million and a negative P/E of -79.99; the 12‑month trading range is $3.95–$8.10 and the 50/200‑day moving averages sit near $5.87/$5.84.
• Major shareholder Mink Brook increased its stake (recently buying 8,048 shares) and insiders purchased 46,839 shares over three months (insiders own 12.8%, institutions 67.25%), while analyst sentiment is muted—one Hold and one Sell, with an average rating of "Reduce."

DLH (NASDAQ:DLHC - Get Free Report) posted its quarterly earnings data on Wednesday. The business services provider reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.01), FiscalAI reports. DLH had a negative return on equity of 0.95% and a negative net margin of 0.33%.The company had revenue of $59.27 million during the quarter, compared to the consensus estimate of $58.00 million.

DLH Price Performance

Shares of DLHC stock traded down $0.05 during trading hours on Wednesday, hitting $5.60. 4,847 shares of the company's stock were exchanged, compared to its average volume of 9,319. The company has a market capitalization of $81.14 million, a PE ratio of -79.99 and a beta of 1.47. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.03. DLH has a 12-month low of $3.95 and a 12-month high of $8.10. The business's 50 day simple moving average is $5.87 and its 200-day simple moving average is $5.84.

Insider Activity

In other DLH news, major shareholder Mink Brook Asset Management Ll bought 8,048 shares of DLH stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average price of $5.50 per share, with a total value of $44,264.00. Following the acquisition, the insider owned 1,983,195 shares in the company, valued at approximately $10,907,572.50. This trade represents a 0.41% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have acquired 46,839 shares of company stock valued at $257,615. 12.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DLHC. Sandia Investment Management LP bought a new position in DLH during the 4th quarter worth approximately $197,000. Rothschild Wealth LLC bought a new position in DLH in the fourth quarter worth about $928,000. Mink Brook Asset Management LLC grew its holdings in shares of DLH by 2.3% during the 4th quarter. Mink Brook Asset Management LLC now owns 2,625,847 shares of the business services provider's stock worth $14,836,000 after acquiring an additional 59,498 shares during the period. State Street Corp raised its holdings in DLH by 28.7% in the fourth quarter. State Street Corp now owns 59,609 shares of the business services provider's stock worth $337,000 after purchasing an additional 13,300 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in DLH during the 4th quarter valued at about $58,000. 67.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a "sell (d)" rating on shares of DLH in a report on Monday, April 20th. Zacks Research upgraded shares of DLH from a "strong sell" rating to a "hold" rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, DLH has an average rating of "Reduce".

DLH Company Profile

DLH Holdings Corp. NASDAQ: DLHC is a provider of mission-driven professional services primarily to federal government agencies and select commercial clients. The company designs and delivers tailored solutions across a range of critical mission areas, including program and project management, consulting, technical assistance, and administrative support. Through its Healthcare Solutions offerings, DLH also specializes in supporting clinical and allied health staffing needs for federal health agencies and health systems.

Operating under its Federal Solutions segment, DLH partners with agencies such as the Department of Veterans Affairs, Department of Defense, Department of Homeland Security, and the Department of Health and Human Services.

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