Deluxe (NYSE:DLX) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Shares of Deluxe Corporation (NYSE:DLX) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $25.80 and traded as high as $26.32. Deluxe shares last traded at $26.1250, with a volume of 278,322 shares trading hands.

Analyst Ratings Changes

Several research firms recently issued reports on DLX. Weiss Ratings lowered shares of Deluxe from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, July 15th. Wall Street Zen raised shares of Deluxe from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Finally, Zacks Research lowered shares of Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Deluxe Trading Up 0.3%

The stock has a fifty day simple moving average of $23.87 and a 200 day simple moving average of $25.80. The firm has a market capitalization of $1.20 billion, a P/E ratio of 11.16, a PEG ratio of 0.66 and a beta of 1.24. The company has a quick ratio of 1.05, a current ratio of 1.15 and a debt-to-equity ratio of 1.98.

Deluxe (NYSE:DLX) last issued its earnings results on Wednesday, May 6th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.14. Deluxe had a return on equity of 24.11% and a net margin of 5.01%.The company had revenue of $538.10 million for the quarter, compared to the consensus estimate of $534.97 million. During the same quarter last year, the company earned $0.75 EPS. The firm’s quarterly revenue was up .3% on a year-over-year basis. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. As a group, research analysts forecast that Deluxe Corporation will post 3.3 EPS for the current year.

Deluxe Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, May 19th. Deluxe’s payout ratio is 51.28%.

Hedge Funds Weigh In On Deluxe

Institutional investors have recently bought and sold shares of the stock. Strs Ohio bought a new position in shares of Deluxe during the 1st quarter valued at about $30,000. Raymond James Financial Inc. bought a new stake in shares of Deluxe in the second quarter worth about $31,000. UMB Bank n.a. lifted its position in shares of Deluxe by 3,597.9% in the fourth quarter. UMB Bank n.a. now owns 1,738 shares of the business services provider’s stock worth $39,000 after buying an additional 1,691 shares in the last quarter. TD Waterhouse Canada Inc. purchased a new stake in shares of Deluxe in the fourth quarter worth about $45,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Deluxe by 33.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,179 shares of the business services provider’s stock valued at $49,000 after buying an additional 552 shares during the last quarter. 93.90% of the stock is owned by hedge funds and other institutional investors.

About Deluxe

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.