Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Deluxe Corp (NYSE: DLX) improved of late. DLX’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 8/9/24, Deluxe Corp (NYSE: DLX) stock declined slightly by -0.8%, closing at $19.09. However, trading volume in this decline was below average at 81% of normal. Relative to the market the stock has been strong over the last nine months but has declined -12.7% 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 B (Positive). This VT Rating improved in recent days from C previously. 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 53 but a good Power Rating of 71, resulting in the Positive Value Trend Rating.
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