Deluxe Corporation (NYSE:DLX) Given Average Rating of “Hold” by Analysts

Shares of Deluxe Corporation (NYSE:DLX) have earned an average recommendation of “Hold” from the five analysts that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $23.00.

Several equities research analysts have recently issued reports on DLX shares. Wall Street Zen raised Deluxe from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th. CJS Securities upgraded shares of Deluxe to a “hold” rating in a research report on Thursday, December 11th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Deluxe in a research report on Monday, December 29th.

Deluxe Price Performance

Deluxe stock opened at $23.47 on Friday. Deluxe has a 52 week low of $13.61 and a 52 week high of $23.87. The company’s 50 day moving average price is $21.15 and its two-hundred day moving average price is $19.23. The stock has a market cap of $1.06 billion, a P/E ratio of 12.82, a P/E/G ratio of 0.60 and a beta of 1.37. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 2.13.

Deluxe (NYSE:DLX) last released its earnings results on Wednesday, March 23rd. The business services provider reported $1.38 earnings per share (EPS) for the quarter. The company had revenue of $454.49 million during the quarter. Deluxe had a return on equity of 22.42% and a net margin of 3.90%.Deluxe has set its FY 2025 guidance at 3.450-3.60 EPS. On average, equities analysts predict that Deluxe will post 2.77 earnings per share for the current year.

Deluxe Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Monday, November 17th. Deluxe’s payout ratio is 65.57%.

Institutional Trading of Deluxe

A number of large investors have recently bought and sold shares of the company. Advisors Asset Management Inc. lifted its position in shares of Deluxe by 0.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 86,657 shares of the business services provider’s stock valued at $1,678,000 after buying an additional 488 shares during the last quarter. Kendall Capital Management raised its stake in Deluxe by 2.8% in the 3rd quarter. Kendall Capital Management now owns 28,886 shares of the business services provider’s stock valued at $559,000 after acquiring an additional 790 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Deluxe by 8.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,487 shares of the business services provider’s stock valued at $183,000 after purchasing an additional 892 shares during the last quarter. SummerHaven Investment Management LLC lifted its holdings in Deluxe by 2.7% during the second quarter. SummerHaven Investment Management LLC now owns 36,792 shares of the business services provider’s stock valued at $585,000 after purchasing an additional 973 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Deluxe by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,260 shares of the business services provider’s stock worth $415,000 after purchasing an additional 1,072 shares during the period. 93.90% of the stock is owned by hedge funds and other institutional investors.

Deluxe Company Profile

Deluxe Corporation, founded in 1915 and headquartered in Shoreview, Minnesota, is a provider of integrated business and financial technology solutions. Originally established as a check printing company, Deluxe has evolved its offerings to support small businesses, financial institutions and entrepreneurs with a comprehensive suite of services spanning print, digital and software platforms.

The company’s core business activities include printing checks, forms and promotional materials, as well as delivering digital marketing and customer engagement solutions.