Deluxe (NYSE:DLX) Issues Quarterly Earnings Results

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.

In other news, SVP Christopher Lee Thomas bought 7,700 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $19.53 per share, for a total transaction of $150,381.00. Following the acquisition, the senior vice president now directly owns 5,100 shares in the company, valued at $99,603. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.80% of the stock is owned by corporate insiders.

About Deluxe

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.

Featured Article: What are retained earnings?

Earnings History for Deluxe (NYSE:DLX)

Receive News & Ratings for Deluxe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deluxe and related companies with's FREE daily email newsletter.