Deluxe Corporation (NYSE:DLX – Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $25.32 and traded as high as $28.03. Deluxe shares last traded at $27.7470, with a volume of 1,023,291 shares.
Trending Headlines about Deluxe
Here are the key news stories impacting Deluxe this week:
- Positive Sentiment: Deluxe reported Q3 adjusted earnings of $1.06 per share, above the roughly $0.95–$0.98 analyst estimates cited in reports. Revenue of $553.9 million also exceeded forecasts of about $532.7 million and rose 2.5% year over year. Zacks Q3 earnings report
- Positive Sentiment: The company forecast 2026 revenue of $2.13 billion–$2.15 billion and is targeting $15 million in synergies from its Celero acquisition, offering investors a potential source of future efficiency gains. 2026 outlook and Celero synergies
- Neutral Sentiment: Deluxe declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annualized and a reported 4.4% yield. The payout may appeal to income-focused investors, though the announcement did not indicate a dividend increase.
- Negative Sentiment: Q3 earnings per share were below the $1.09 reported a year earlier, despite beating current estimates, so year-over-year profit momentum remains a consideration.
Analyst Ratings Changes
A number of equities analysts recently commented on DLX shares. Wall Street Zen cut Deluxe from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. Weiss Ratings upgraded shares of Deluxe from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Barrington Research assumed coverage on shares of Deluxe in a research note on Tuesday, September 29th. They set an “outperform” rating and a $31.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Deluxe presently has an average rating of “Moderate Buy” and an average target price of $31.00.
Read Our Latest Analysis on DLX
Deluxe Price Performance
The stock’s 50 day moving average is $23.40 and its two-hundred day moving average is $25.32. The stock has a market capitalization of $1.27 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 0.71 and a beta of 1.29. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.20 and a quick ratio of 1.08.
Deluxe (NYSE:DLX – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The business services provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The company had revenue of $553.90 million during the quarter, compared to the consensus estimate of $532.67 million. Deluxe had a net margin of 3.90% and a return on equity of 23.21%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.09 earnings per share. As a group, sell-side analysts forecast that Deluxe Corporation will post 3.39 earnings per share for the current fiscal year.
Deluxe Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 17th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Tuesday, November 17th. Deluxe’s dividend payout ratio is 53.33%.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp purchased a new position in Deluxe during the 2nd quarter worth approximately $14,739,000. Dimensional Fund Advisors LP lifted its stake in shares of Deluxe by 3.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,753,203 shares of the business services provider’s stock worth $75,823,000 after acquiring an additional 101,105 shares during the period. Bank of America Corp DE boosted its holdings in Deluxe by 20.0% in the 1st quarter. Bank of America Corp DE now owns 332,948 shares of the business services provider’s stock valued at $9,169,000 after purchasing an additional 55,429 shares in the last quarter. Towle & Co. purchased a new stake in shares of Deluxe in the first quarter valued at approximately $7,963,000. Finally, Renaissance Technologies LLC acquired a new position in shares of Deluxe during the 1st quarter worth $1,411,000. 93.90% of the stock is owned by hedge funds and other institutional investors.
About Deluxe
Deluxe Corporation is a provider of payments, marketing and business technology solutions serving small businesses, financial institutions and consumers. The company’s offerings include checks and related forms, business supplies, promotional products, website and digital marketing services, customer relationship management tools, data-driven marketing solutions and payment processing services.
Deluxe also provides receivables management, fraud prevention and other financial technology services designed to help businesses and financial institutions manage transactions and customer relationships.
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