Alert: Negative Investment/Fundamental Signals (12/15/23)-Delta Apparel Inc (NYSEAMERICAN: DLA)


Recent notable negative changes in fundamentals have affected Delta Apparel Inc (NYSEAMERICAN: DLA): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for September, 2024 decreased significantly.

Delta Apparel Inc (NYSEAMERICAN: DLA). Significant negative changes in investment behavior have recently occurred: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

DLA’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

Delta Apparel has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Delta Apparel has a good Appreciation Score of 83 but a very low Power Rating of 11, with the Low Neutral Value Trend Rating the result.

Recent Price Action

On 12/15/23, Delta Apparel Inc (NYSEAMERICAN: DLA) stock declined slightly by -0.3%, closing at $7.03. However, this decline was accompanied by unusually low trading volume at 63% of normal. Relative to the market the stock has been weak over the last nine months and has declined -20.7% during the last week.

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