Press coverage about Delta Apparel (NYSEMKT:DLA) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Delta Apparel earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 72 out of 100, indicating that recent news coverage is likely to have an impact on the stock’s share price in the next few days.
Shares of Delta Apparel (DLA) traded up 1.26% during mid-day trading on Friday, reaching $21.62. 6,992 shares of the company’s stock traded hands. The stock has a market cap of $163.69 million, a PE ratio of 19.64 and a beta of 0.07. Delta Apparel has a 12 month low of $14.85 and a 12 month high of $25.52. The firm has a 50 day moving average price of $20.49 and a 200-day moving average price of $18.97.
Delta Apparel (NYSEMKT:DLA) last released its earnings results on Monday, May 8th. The textile maker reported $0.47 EPS for the quarter, beating the consensus estimate of $0.44 by $0.03. Delta Apparel had a net margin of 4.37% and a return on equity of 11.95%. The firm had revenue of $104.14 million for the quarter, compared to analyst estimates of $107.19 million. On average, analysts predict that Delta Apparel will post $1.55 earnings per share for the current fiscal year.
Separately, Roth Capital set a $26.00 price objective on shares of Delta Apparel and gave the stock a “buy” rating in a research note on Monday, April 3rd.
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Delta Apparel Company Profile
Delta Apparel, Inc is an apparel design, marketing, manufacturing and sourcing company. The Company operates through two segments: branded and basics. The branded segment consists of its business units, which are focused on specialized apparel garments and headwear. Its products are marketed under its lifestyle brands of Salt Life, Soffe and COAST, as well as other labels.
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