Deluxe (NYSE:DLX) Stock Price Down 9.4% – Time to Sell?

Deluxe Corporation (NYSE:DLX) shares were down 9.4% on Wednesday . The company traded as low as $26.89 and last traded at $27.9350. Approximately 159,059 shares changed hands during trading, a decline of 64% from the average daily volume of 438,768 shares. The stock had previously closed at $30.85.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DLX shares. 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 downgraded 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 issued a Hold rating to the company’s stock. According to MarketBeat, Deluxe presently has a consensus rating of “Moderate Buy”.

Deluxe Trading Down 1.0%

The firm has a market capitalization of $1.20 billion, a P/E ratio of 11.35, a price-to-earnings-growth ratio of 0.62 and a beta of 1.33. The business’s 50-day moving average is $28.22 and its 200 day moving average is $24.52. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.15 and a quick ratio of 0.98.

Deluxe (NYSE:DLX) last released its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.14. Deluxe had a net margin of 5.01% and a return on equity of 24.11%. The business had revenue of $538.10 million for the quarter, compared to analyst estimates of $534.97 million. During the same period last year, the firm earned $0.75 earnings per share. Deluxe’s revenue for the quarter was up .3% compared to the same quarter last year. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. As a group, analysts anticipate that Deluxe Corporation will post 3.54 EPS for the current fiscal year.

Deluxe Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, May 19th. Deluxe’s dividend payout ratio (DPR) is currently 63.83%.

Hedge Funds Weigh In On Deluxe

A number of hedge funds have recently bought and sold shares of DLX. Vanguard Group Inc. lifted its position in Deluxe by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 4,955,732 shares of the business services provider’s stock worth $110,661,000 after purchasing an additional 35,030 shares during the period. State Street Corp lifted its position in Deluxe by 0.9% during the fourth quarter. State Street Corp now owns 2,915,349 shares of the business services provider’s stock worth $65,100,000 after purchasing an additional 25,202 shares during the period. Dimensional Fund Advisors LP lifted its position in Deluxe by 3.8% during 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. Deprince Race & Zollo Inc. lifted its position in Deluxe by 0.4% during the fourth quarter. Deprince Race & Zollo Inc. now owns 2,080,804 shares of the business services provider’s stock worth $46,464,000 after purchasing an additional 8,823 shares during the period. Finally, LSV Asset Management lifted its position in Deluxe by 6.2% during the fourth quarter. LSV Asset Management now owns 1,930,885 shares of the business services provider’s stock worth $43,117,000 after purchasing an additional 113,026 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.