Deluxe (NYSE:DLX - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.250-3.550 for the period, compared to the consensus estimate of 3.303. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.
Wall Street Analyst Weigh In
DLX has been the subject of several research analyst reports. TD Securities dropped their target price on shares of Deluxe from $33.00 to $23.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Wall Street Zen raised shares of Deluxe from a "buy" rating to a "strong-buy" rating in a report on Friday, May 30th.
View Our Latest Stock Report on DLX
Deluxe Stock Performance
Shares of NYSE:DLX traded up $3.37 during trading on Thursday, reaching $19.40. 865,911 shares of the stock were exchanged, compared to its average volume of 378,664. The company has a current ratio of 0.93, a quick ratio of 0.84 and a debt-to-equity ratio of 2.34. Deluxe has a 12 month low of $13.61 and a 12 month high of $24.45. The stock has a 50-day moving average price of $15.82 and a 200-day moving average price of $16.45. The firm has a market cap of $867.91 million, a PE ratio of 15.50, a PEG ratio of 0.47 and a beta of 1.49.
Deluxe (NYSE:DLX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.17. Deluxe had a net margin of 2.64% and a return on equity of 21.20%. The company had revenue of $521.30 million during the quarter, compared to analyst estimates of $526.93 million. During the same quarter last year, the business posted $0.86 EPS. Deluxe's quarterly revenue was down 3.1% compared to the same quarter last year. Research analysts expect that Deluxe will post 2.77 EPS for the current fiscal year.
Deluxe Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.2%. Deluxe's dividend payout ratio (DPR) is 96.00%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Strs Ohio acquired a new stake in Deluxe during the first quarter worth about $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Deluxe by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,260 shares of the business services provider's stock worth $415,000 after buying an additional 1,072 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Deluxe by 9.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 110,736 shares of the business services provider's stock worth $1,751,000 after purchasing an additional 10,017 shares during the period. AQR Capital Management LLC grew its stake in shares of Deluxe by 10.0% during the 1st quarter. AQR Capital Management LLC now owns 272,134 shares of the business services provider's stock worth $4,302,000 after purchasing an additional 24,660 shares during the period. Finally, Royal Bank of Canada grew its stake in shares of Deluxe by 25.6% during the 1st quarter. Royal Bank of Canada now owns 505,810 shares of the business services provider's stock worth $7,996,000 after purchasing an additional 102,948 shares during the period. Institutional investors own 93.90% of the company's stock.
Deluxe Company Profile
(
Get Free Report)
Deluxe Corporation provides technology-enabled solutions to enterprises, small businesses, and financial institutions in the United States, Canada, and Australia. It operates through Merchant Services, B2B Payments, Data Solutions, and Print segments. The Merchant Services offers credit and debit card authorization and payment systems, as well as processing services primarily to small and medium-sized retail and service businesses.
Further Reading
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