Deluxe Corp (NYSE: DLX) stock suffered a major decline of -10.3% on 8/1/24. The shares closed at $21.86. Moreover, exceptionally high trading volume at 255% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -8.7% during the last week.
Current PriceTarget Research Rating
DLX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Deluxe has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Deluxe has a neutral Appreciation Score of 44 but a good Power Rating of 71, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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