Sidoti Has Positive Outlook of Deluxe FY2027 Earnings

Deluxe Corporation (NYSE:DLX) – Equities research analysts at Sidoti lifted their FY2027 earnings estimates for Deluxe in a research note issued on Monday, May 4th. Sidoti analyst M. Riddick now forecasts that the business services provider will earn $3.86 per share for the year, up from their previous forecast of $3.67. The consensus estimate for Deluxe’s current full-year earnings is $3.54 per share.

Deluxe (NYSE:DLX) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported $0.94 earnings per share for the quarter, beating the consensus estimate 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 topic of several other reports. Weiss Ratings raised shares of Deluxe from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 10th. Zacks Research lowered shares of Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Deluxe Price Performance

Shares of DLX opened at $30.90 on Wednesday. The firm has a market capitalization of $1.39 billion, a PE ratio of 16.44, a PEG ratio of 0.73 and a beta of 1.33. The company’s 50-day moving average is $28.23 and its 200-day moving average is $24.40. Deluxe has a fifty-two week low of $13.61 and a fifty-two week high of $32.07. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.04 and a quick ratio of 0.98.

Hedge Funds Weigh In On Deluxe

A number of hedge funds have recently bought and sold shares of DLX. Strs Ohio bought a new position in Deluxe during the first quarter worth about $30,000. Raymond James Financial Inc. bought a new position in Deluxe during the second quarter worth about $31,000. UMB Bank n.a. increased 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 during the period. TD Waterhouse Canada Inc. acquired a new stake in Deluxe during the fourth quarter worth about $45,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Deluxe by 33.9% in the 4th 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 period. 93.90% of the stock is owned by 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.