Shares of Deluxe Corporation (NYSE:DLX – Get Free Report) passed above its 200-day moving average during trading on Thursday. The stock has a 200-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 changing hands.
Key Stories Impacting 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 research analysts recently issued reports on DLX shares. Wall Street Zen lowered Deluxe from a “buy” rating to a “hold” rating in a research note on Saturday, October 31st. Weiss Ratings raised Deluxe from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Barrington Research initiated coverage on Deluxe in a research report on Tuesday, September 29th. They set an “outperform” rating and a $31.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $31.00.
Deluxe Trading Up 18.5%
The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 0.71 and a beta of 1.29. The company has a quick ratio of 1.08, a current ratio of 1.20 and a debt-to-equity ratio of 2.02. The business has a 50 day moving average price of $23.40 and a 200-day moving average price of $25.32.
Deluxe (NYSE:DLX – Get Free Report) last released its earnings results on Wednesday, November 4th. The business services provider reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.11. Deluxe had a net margin of 3.90% and a return on equity of 23.21%. The company had revenue of $553.90 million during the quarter, compared to the consensus estimate of $532.67 million. During the same quarter in the previous year, the firm earned $1.09 EPS. The company’s revenue was up 2.5% on a year-over-year basis. As a group, research analysts expect that Deluxe Corporation will post 3.39 EPS for the current fiscal year.
Deluxe Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 17th will be given a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, November 17th. This represents a $1.20 annualized dividend and a yield of 4.3%. Deluxe’s dividend payout ratio (DPR) is currently 53.33%.
Institutional Investors Weigh In On Deluxe
A number of hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp acquired a new position in shares of Deluxe during the second quarter valued at $14,739,000. Towle & Co. bought a new stake in shares of Deluxe during the first quarter valued at about $7,963,000. Sei Investments Co. lifted its holdings in Deluxe by 189.4% in the first quarter. Sei Investments Co. now owns 367,278 shares of the business services provider’s stock worth $10,115,000 after purchasing an additional 240,359 shares during the period. Empowered Funds LLC lifted its holdings in Deluxe by 79.5% in the first quarter. Empowered Funds LLC now owns 442,099 shares of the business services provider’s stock worth $12,175,000 after purchasing an additional 195,749 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Deluxe by 3.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,753,203 shares of the business services provider’s stock worth $75,823,000 after purchasing an additional 101,105 shares during the period. Institutional investors own 93.90% of the company’s stock.
Deluxe Company Profile
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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