DLH Holdings Corp. (DLHC) – NobleCon17 Review

Monday, January 25, 2021

DLH Holdings Corp. (DLHC)
NobleCon17 Review

DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of veteran affairs, Department of health and human services, Department of Defense and other government agencies. It operates primarily through prime contracts and also derives its revenue from agencies of the federal government, primarily as a prime contractor but also as a subcontractor to other Federal prime contractors.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    DLH Management Presentation. DLH Holdings CFO Kathryn JohnBull presented at our NobleCon17 conference last week. A rebroadcast is available at https://channelchek.vercel.app/news-channel/NobleCon17_Rebroadcast. The presentation focused on three key areas, in our view: the full service offerings now available with the IBA acquisition, the opportunities presented by COVID, and the ongoing interest in M&A.

    A Complete Offering.  The IBA acquisition provides DLH with a complete service offering across the spectrum of its served clients. The next step will be to cross collaborate among the units to be able to pursue larger and more technically diverse opportunities. Not only will these opportunities drive the top line, but as DLH moves up the value chain, the possibility exists of improved margins …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

TAAL Distributed Information Technologies (TAALF) NobleCon17 Presentation Replay


TAAL Distributed Information Technologies (TAALF) President Chris Naprawa at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomes joins Chris to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

Rekor Systems (REKR) NobleCon17 Presentation Replay


Rekor Systems (REKR) CEO Robert Berman and CFO Eyal Hen at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomes joins Robert and Eyal to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

One Stop Systems (OSS) NobleCon17 Presentation Replay


One Stop Systems (OSS) CEO David Raun and CFO John Morrison at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomes joins David and John to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

Namaste Technologies (NXTTF) NobleCon17 Presentation Replay


Namaste Technologies (NXTTF) CEO Meni Morim at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomesjoins Meni to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

MIND Technology (MIND) NobleCon17 Presentation Replay


MIND Technology (MIND) Co-CEO, CFO Robert Capps and COO Dennis Morris at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Poe Fratt joins Robert and Dennis to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

Information Services (III) NobleCon17 Presentation Replay


Information Services (III) CFO David Berger and CEO Michael Connors at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomes joins David and Michael to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

FLYHT Aerospace Solutions (FLYLF) NobleCon17 Presentation Replay


FLYHT Aerospace Solutions (FLYLF) CEO Bill Tempany and CFO Alana Forbes at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomes joins Bill and Alana to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

DLH Holdings (DLHC) NobleCon17 Presentation Replay


DLH Holdings (DLHC) CFO Kathryn JohnBull and CEO Zachary Parker at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomes joins Kathryn and Zachary to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

Information Services Group (III) Scheduled To Present at NobleCon17


Join Information Services Group (III) CFO David Berger & CEO Michael Conners at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 19&20, 2021. Following a formal presentation, a seasoned Wall Street research analyst will join David and Michael to moderate a LIVE Q&A session. If you want to be added to the roster of presenters… or if you would like to join the virtual audience of investors, at no cost, go to nobleconference.com.

NobleCon 17 Complete Presenting Company Schedule

Information Services (III) – Raising PT As Share Price Continues Upward Trajectory

Tuesday, January 12, 2021

Information Services (III)
Raising PT As Share Price Continues Upward Trajectory

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Increasing PT. We are raising our 12-month price target on ISG shares. ISG shares have shown strong momentum since the beginning of November, nearly doubling in price. At our increased PT, ISG shares would trade at an EV/S multiple of 1.2x our projected 2021 revenues and 10.8x on an EV/EBITDA multiple on our 2021 EBITDA projection. These multiples remain at a discount to the peer group which trades at an EV/S multiple of 2.0x and an EV/EBITDA multiple of 14.2x based on consensus 2021 estimates.

    WFH Trends to Provide Boost.  The pandemic will end at some point, hopefully soon, but we anticipate a number of changes in how we work to stick, to varying degrees. We believe a number of these trends will favor the services offered by Information Services, which will bode well for the Company’s future operating results. Digital is the future and the best way to improve efficiency, reach customers …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision.