Zacks: Delta Apparel, Inc. (NASDAQ:DLA) Receives Average Rating of “Strong Buy” from Brokerages

Delta Apparel, Inc. (NASDAQ:DLA) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokers have set a 12 month consensus target price of $31.00 for the company and are predicting that the company will post $0.17 EPS for the current quarter, according to Zacks. Zacks has also given Delta Apparel an industry rank of 233 out of 255 based on the ratings given to related companies.

NASDAQ DLA opened at $28.21 on Monday. Delta Apparel has a 52 week low of $18.48 and a 52 week high of $31.71. The business’s fifty day simple moving average is $29.63 and its 200-day simple moving average is $24.92.

Delta Apparel (NASDAQ:DLA) last posted its quarterly earnings results on Thursday, November 21st. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. The company had revenue of $107.96 million for the quarter, compared to analysts’ expectations of $108.12 million.

About Delta Apparel

Delta Apparel, Inc, through its subsidiaries, designs, manufactures, sources, and markets a portfolio of lifestyle active wear apparel and related accessory products in the United States and internationally. The company operates through two segments, Delta Group and Salt Life Group. It markets, distributes, manufactures, and sells unembellished knit apparel under the Soffe, Delta Platinum, Delta Pro Weight, and Delta Magnum Weight brands to various large licensed screen printers and small independent businesses.

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