DLH Holdings Corp. (DLHC) Gains But Lags Market: What You Should Know
In the latest trading session, DLH Holdings Corp. (DLHC) closed at $17.65, marking a +0.17% move from the previous day. This change lagged the S&P 500's 1.61% gain on the day. Elsewhere, the Dow gained 1.45%, while the tech-heavy Nasdaq added 0.36%.
Heading into today, shares of the company had gained 3.28% over the past month, outpacing the Business Services sector's loss of 4.2% and the S&P 500's loss of 1.42% in that time.
Wall Street will be looking for positivity from DLH Holdings Corp. as it approaches its next earnings report date. In that report, analysts expect DLH Holdings Corp. to post earnings of $0.33 per share. This would mark year-over-year growth of 73.68%. Meanwhile, our latest consensus estimate is calling for revenue of $95.2 million, up 54.77% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.34 per share and revenue of $378 million, which would represent changes of +65.43% and +53.6%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for DLH Holdings Corp.These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. DLH Holdings Corp. is currently a Zacks Rank #3 (Hold).
In terms of valuation, DLH Holdings Corp. is currently trading at a Forward P/E ratio of 13.15. This valuation marks a premium compared to its industry's average Forward P/E of 11.36.
The Staffing Firms industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 55, which puts it in the top 22% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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