Delta Apparel (NYSE:DLA) Now Covered by StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Delta Apparel (NYSE:DLAGet Free Report) in a report issued on Saturday. The brokerage set a “hold” rating on the stock.

Delta Apparel Stock Down 27.7 %

DLA opened at $0.47 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.21 and a debt-to-equity ratio of 0.15. Delta Apparel has a 12 month low of $0.47 and a 12 month high of $11.38. The company has a market cap of $3.31 million, a PE ratio of -0.05 and a beta of 1.06. The company has a 50 day moving average of $1.72 and a 200 day moving average of $4.03.

Delta Apparel (NYSE:DLAGet Free Report) last announced its earnings results on Wednesday, May 8th. The company reported ($2.53) earnings per share for the quarter. The business had revenue of $78.94 million during the quarter. Delta Apparel had a negative return on equity of 20.00% and a negative net margin of 18.92%.

Institutional Investors Weigh In On Delta Apparel

A hedge fund recently raised its stake in Delta Apparel stock. Franklin Resources Inc. raised its holdings in shares of Delta Apparel, Inc. (NYSE:DLAFree Report) by 13.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 184,890 shares of the company’s stock after purchasing an additional 21,340 shares during the period. Franklin Resources Inc. owned 2.64% of Delta Apparel worth $1,318,000 as of its most recent SEC filing. 73.98% of the stock is owned by institutional investors and hedge funds.

About Delta Apparel

(Get Free Report)

Delta Apparel, Inc, through its subsidiaries, designs, manufactures, sources, and markets activewear and lifestyle apparel products in the United States, Honduras, El Salvador, Mexico, and internationally. The company operates through two segments, Delta Group and Salt Life Group. It offers on-demand digitally printed apparel products under the DTG2Go brand; silhouettes and fleece products; performance shirts that keep athletes dry under the Delta Dri line brand; ringspun garments; Delta Soft apparel products; and heritage, mid- and heavier-weight tee shirts under the Delta Pro Weight and Magnum Weight brand names, as well as polos, outerwear, headwear, bags, and other accessories under the Soffe brand.

Read More

Receive News & Ratings for Delta Apparel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta Apparel and related companies with MarketBeat.com's FREE daily email newsletter.