Delta Apparel, Inc. (NYSEMKT:DLA) issued its quarterly earnings data on Tuesday. The company reported $0.40 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.02. The firm earned $114.40 million during the quarter.

Shares of Delta Apparel (NYSEMKT:DLA) opened at 20.41 on Thursday. The stock has a market capitalization of $157.42 million, a P/E ratio of 14.97 and a beta of 0.07. The firm’s 50-day moving average price is $17.13 and its 200-day moving average price is $19.49. Delta Apparel has a one year low of $11.61 and a one year high of $25.52.

Earnings History for Delta Apparel (NYSEMKT:DLA)

Hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of Delta Apparel during the third quarter valued at about $111,000. BlackRock Advisors LLC increased its stake in shares of Delta Apparel by 624.0% in the second quarter. BlackRock Advisors LLC now owns 6,103 shares of the company’s stock valued at $138,000 after buying an additional 5,260 shares in the last quarter. Acrospire Investment Management LLC increased its stake in shares of Delta Apparel by 10.9% in the second quarter. Acrospire Investment Management LLC now owns 6,424 shares of the company’s stock valued at $145,000 after buying an additional 633 shares in the last quarter. Walleye Trading LLC increased its stake in shares of Delta Apparel by 331.6% in the second quarter. Walleye Trading LLC now owns 6,638 shares of the company’s stock valued at $150,000 after buying an additional 5,100 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. increased its stake in shares of Delta Apparel by 118.0% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 9,374 shares of the company’s stock valued at $153,000 after buying an additional 5,074 shares in the last quarter.

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A number of research analysts recently issued reports on the company. Zacks Investment Research upgraded Delta Apparel from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Tuesday, August 30th. TheStreet downgraded Delta Apparel from a “hold” rating to a “sell” rating in a report on Wednesday, August 17th.

About Delta Apparel

Delta Apparel, Inc is an apparel design, marketing, manufacturing and sourcing company. The Company offers a portfolio of lifestyle basics and branded activewear apparel and headwear. The Company operates through two segments: branded and basics. The Company’s branded segment consists of its business units, which are focused on specialized apparel garments and headwear, including its Salt Life, Junkfood and Soffe business.

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