Sidoti Has Positive Outlook of Deluxe FY2027 Earnings

Key Points

• Sidoti raised its FY2027 EPS estimate for Deluxe to $3.86 from $3.67, which is above the current consensus of $3.54.
• Deluxe reported quarterly EPS of $0.94 (May 6), beating estimates by $0.03, with a net margin of 3.99% and a return on equity of 22.65%.
• Shares trade around $30.90 with a market cap of $1.39B and a P/E of 16.44; analyst ratings are mixed but the consensus is a Moderate Buy and institutional ownership is about 93.9%.

Deluxe Corporation (NYSE:DLX - Free Report) - Sidoti upped their FY2027 EPS estimates for Deluxe in a research report issued on Monday, May 4th. Sidoti analyst M. Riddick now anticipates that the business services provider will post earnings of $3.86 per share for the year, up from their prior estimate of $3.67. The consensus estimate for Deluxe's current full-year earnings is $3.54 per share.

Deluxe (NYSE:DLX - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.03. Deluxe had a net margin of 3.99% and a return on equity of 22.65%.

DLX has been the subject of several other research reports. Weiss Ratings upgraded shares of Deluxe from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, February 10th. Zacks Research cut shares of Deluxe from a "strong-buy" rating to a "hold" rating in a report on Friday, April 10th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Deluxe Stock Down 0.9%

Shares of NYSE DLX opened at $30.90 on Wednesday. The stock has a market cap of $1.39 billion, a P/E ratio of 16.44, a P/E/G ratio of 0.73 and a beta of 1.33. The firm has a 50 day moving average price of $28.23 and a 200 day moving average price of $24.40. The company has a debt-to-equity ratio of 2.08, a quick ratio of 0.98 and a current ratio of 1.04. Deluxe has a 52-week low of $13.61 and a 52-week high of $32.07.

Institutional Trading of Deluxe

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. UMB Bank n.a. raised its position in Deluxe by 3,597.9% during the fourth quarter. UMB Bank n.a. now owns 1,738 shares of the business services provider's stock worth $39,000 after acquiring an additional 1,691 shares in the last quarter. Strs Ohio bought a new stake in Deluxe during the first quarter worth $30,000. Raymond James Financial Inc. bought a new stake in Deluxe during the second quarter worth $31,000. TD Waterhouse Canada Inc. bought a new stake in Deluxe during the fourth quarter worth $45,000. Finally, EverSource Wealth Advisors LLC raised its position 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 worth $49,000 after acquiring an additional 552 shares in the last quarter. 93.90% of the stock is owned by 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.

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