DLH Holdings Corp. (NASDAQ:DLHC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday. The firm presently has a $7.25 price target on the business services provider’s stock. Zacks Investment Research‘s target price suggests a potential upside of 8.21% from the company’s current price.

According to Zacks, “DLH Holdings Corp. serves clients throughout the United States as a full-service provider of healthcare, logistics, and technical support services to DoD and Federal agencies. Its healthcare delivery solutions include professional services, such as case management, health and injury assessment, critical care, medical/surgical, emergency room/trauma center, counseling, behavioral health and trauma brain injury, medical systems analysis, and medical logistics, and allied support services in the areas of MRI technology, diagnostic sonography, phlebotomy, dosimetry, physical therapy, and pharmaceuticals. The company’s logistics and technical services include program and project management, systems engineering and applicable information technology services, integrated logistics support, training, equipment and non-tactical vehicle operations and maintenance, and facilities and shipyard support services. DLH Holdings Corp., formerly known as TeamStaff, Inc., is headquartered in Atlanta, Georgia. “

Several other equities analysts have also commented on the company. ValuEngine raised DLH Holdings Corp. from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Noble Financial restated a “buy” rating on shares of DLH Holdings Corp. in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. DLH Holdings Corp. has an average rating of “Buy” and an average price target of $6.92.

DLH Holdings Corp. (DLHC) traded up 2.60% during trading on Tuesday, reaching $6.70. 17,750 shares of the company were exchanged. The firm has a 50-day moving average of $6.12 and a 200-day moving average of $5.54. The firm has a market cap of $77.71 million, a price-to-earnings ratio of 17.96 and a beta of 0.75. DLH Holdings Corp. has a 52-week low of $4.10 and a 52-week high of $7.38.

DLH Holdings Corp. (NASDAQ:DLHC) last announced its earnings results on Tuesday, August 8th. The business services provider reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). DLH Holdings Corp. had a net margin of 4.12% and a return on equity of 13.97%. The company had revenue of $29.26 million during the quarter, compared to analysts’ expectations of $32.00 million. On average, equities analysts forecast that DLH Holdings Corp. will post $0.26 EPS for the current year.

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In other DLH Holdings Corp. news, Director William H. Alderman sold 13,750 shares of the firm’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $5.91, for a total value of $81,262.50. Following the completion of the sale, the director now directly owns 110,303 shares in the company, valued at $651,890.73. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William H. Alderman sold 16,875 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $5.98, for a total transaction of $100,912.50. Following the completion of the sale, the director now owns 145,047 shares of the company’s stock, valued at $867,381.06. The disclosure for this sale can be found here. Insiders have sold 377,306 shares of company stock worth $2,273,198 in the last quarter. 21.60% of the stock is owned by corporate insiders.

A hedge fund recently raised its stake in DLH Holdings Corp. stock. Essex Investment Management Co. LLC increased its position in DLH Holdings Corp. (NASDAQ:DLHC) by 19.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,844 shares of the business services provider’s stock after purchasing an additional 4,758 shares during the period. Essex Investment Management Co. LLC owned approximately 0.26% of DLH Holdings Corp. worth $155,000 at the end of the most recent reporting period. Institutional investors own 49.17% of the company’s stock.

About DLH Holdings Corp.

DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veteransÂ’ 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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