Alert: New Earnings Report (11/2/23)-Deluxe Corp (NYSE: DLX).

out_logo_500#06046.jpg

For its third fiscal quarter (ending September 30), Deluxe Corp (NYSE: DLX) has reported a -153% decline in E.P.S. from $0.34 a year ago to $-0.18 in the current quarter. This performance was $-0.92 short of the consensus estimate of $0.74. For the latest four quarters through September 30, E.P.S. were $0.69 compared to $1.41 a year ago — a decline of -51%.

out_etable#06046.jpg

Recent Price Action

out_mm#06046.jpg
Deluxe Corp (NYSE: DLX) stock enjoyed a very large increase of 8.8% on 11/2/23. The shares closed at $17.61. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.4% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, DLX is expected to continue to be a major Value Builder.

Deluxe has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Deluxe has a good Appreciation Score of 77 and a very high Power Rating of 88, resulting in the Highest Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*