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.