Noble Financial Brokers Decrease Earnings Estimates for DLH

Key Points

• Noble Financial has downgraded its FY2025 earnings estimate for DLH Holdings Corp. to $0.17 per share, down from a previous estimate of $0.19.
• DLH's stock price opened at $5.57, while the company's market cap stands at $80.15 million with a P/E ratio of 17.41.
• Significant institutional investment activity has been reported, including a new position acquired by Mink Brook Asset Management LLC worth $10.99 million in DLH stock.

DLH Holdings Corp. (NASDAQ:DLHC - Free Report) - Stock analysts at Noble Financial reduced their FY2025 earnings per share (EPS) estimates for DLH in a report issued on Friday, August 15th. Noble Financial analyst J. Gomes now expects that the business services provider will earn $0.17 per share for the year, down from their previous forecast of $0.19. The consensus estimate for DLH's current full-year earnings is ($0.13) per share.

DLH (NASDAQ:DLHC - Get Free Report) last issued its earnings results on Wednesday, August 6th. The business services provider reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. DLH had a return on equity of 4.08% and a net margin of 1.27%.The company had revenue of $83.34 million during the quarter, compared to the consensus estimate of $83.00 million.

Separately, Wall Street Zen downgraded DLH from a "buy" rating to a "hold" rating in a research report on Saturday, May 17th.

DLH Price Performance

Shares of NASDAQ DLHC remained flat at $5.50 on Monday. The stock had a trading volume of 13,832 shares, compared to its average volume of 33,433. DLH has a 52 week low of $2.72 and a 52 week high of $11.42. The company has a 50-day moving average price of $5.63 and a 200 day moving average price of $4.99. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $79.15 million, a price-to-earnings ratio of 17.19 and a beta of 1.25.

Institutional Trading of DLH

Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE increased its position in shares of DLH by 31.9% during the fourth quarter. Bank of America Corp DE now owns 7,679 shares of the business services provider's stock worth $62,000 after acquiring an additional 1,855 shares during the last quarter. Bard Associates Inc. bought a new position in shares of DLH during the first quarter worth about $43,000. Nuveen LLC bought a new position in shares of DLH during the first quarter worth about $44,000. Jane Street Group LLC bought a new position in shares of DLH during the second quarter worth about $65,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of DLH during the second quarter worth about $73,000. 67.25% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other DLH news, major shareholder Mink Brook Asset Management Ll bought 18,016 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were acquired at an average cost of $5.50 per share, with a total value of $99,088.00. Following the completion of the transaction, the insider owned 1,837,377 shares in the company, valued at $10,105,573.50. The trade was a 0.99% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought 237,229 shares of company stock worth $1,298,414 over the last 90 days. 15.30% of the stock is currently owned by insiders.

DLH Company Profile

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).