Deluxe (NYSE:DLX) Posts Quarterly Earnings Results

Deluxe (NYSE:DLX) announced its quarterly earnings data on Wednesday. The business services provider reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.05), Zacks reports. Deluxe had a return on equity of 21.15% and a net margin of 2.58%. Deluxe updated its FY 2025 guidance to 3.250-3.550 EPS.

Deluxe Stock Down 12.3 %

Shares of NYSE DLX traded down $2.77 during midday trading on Thursday, hitting $19.81. The stock had a trading volume of 547,095 shares, compared to its average volume of 288,625. The company has a market cap of $876.86 million, a P/E ratio of 15.94, a PEG ratio of 0.64 and a beta of 1.52. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 2.38. The business’s 50 day moving average is $22.77 and its 200-day moving average is $21.30. Deluxe has a 52 week low of $18.48 and a 52 week high of $24.87.

Deluxe Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.06%. Deluxe’s dividend payout ratio (DPR) is 96.77%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DLX shares. Sidoti upgraded shares of Deluxe to a “hold” rating in a research report on Thursday, January 30th. StockNews.com upgraded shares of Deluxe from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 12th.

Insider Buying and Selling at Deluxe

In other news, CEO Barry C. Mccarthy acquired 2,290 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $23.57 per share, with a total value of $53,975.30. Following the completion of the acquisition, the chief executive officer now directly owns 180,960 shares of the company’s stock, valued at approximately $4,265,227.20. The trade was a 1.28 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 4.23% of the company’s stock.

About Deluxe

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.