Delta Apparel Is At The Start Of A Significant Positive Inflection, With Near-Term Catalysts (NYSEMKT:DLA)
Editor’s note: Seeking Alpha is proud to welcome Analystman as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more »
I believe Delta Apparel, Inc. (DLA) will increase dramatically, with upside potential of $45+, due to imminent catalysts and the stock’s tremendous undervaluation. There are also many catalysts that I expect to drive an upward revaluation, most imminently DLA’s next earnings report (expected in November) which I project to be tremendously above consensus (one analyst) expectations. There has been the perfect storm of positive events that have occurred for DLA, yet the stock has barely reacted, and is near multi-year lows.
DLA is a high-growth technology and apparel company being undervalued by the market, because it is a small-cap in the apparel retail sector.