Deluxe (NYSE:DLX) posted its earnings results on Thursday. The business services provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.55, MarketWatch Earnings reports. The company had revenue of $410.40 million during the quarter. Deluxe had a negative net margin of 16.67% and a positive return on equity of 44.79%.
Deluxe stock traded up $3.07 during mid-day trading on Friday, reaching $28.23. The stock had a trading volume of 9,268,621 shares, compared to its average volume of 490,730. The firm has a market capitalization of $1.18 billion, a PE ratio of -3.75 and a beta of 1.46. Deluxe has a fifty-two week low of $18.90 and a fifty-two week high of $54.15. The stock’s 50-day simple moving average is $21.97 and its 200-day simple moving average is $29.59. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.79 and a current ratio of 1.91.
Separately, TheStreet cut Deluxe from a “c-” rating to a “d” rating in a report on Thursday, May 7th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company’s stock. Deluxe currently has an average rating of “Hold” and a consensus target price of $57.00.
Deluxe Corporation provides checks, forms, marketing solutions, accessories, and other products and services for small businesses and financial institutions. It operates through three segments: Small Business Services, Financial Services, and Direct Checks. The company provides checks; printed forms, such as deposit tickets, billing forms, work orders, job proposals, purchase orders, invoices, and personnel forms, as well as computer forms and check registers; and accessories and other products comprising envelopes, office supplies, ink stamps, and labels, as well as checkbook covers.
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