Deluxe Corp (NYSE:DLX) price on Friday, February 07, fall -5.74% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $18.87.
A look at the stock’s price movement, the close in the last trading session was $20.02, moving within a range at $18.38 and $19.81. The beta value (5-Year monthly) was 1.452 while the PE ratio in trailing twelve months stood at 16.00. Turning to its 52-week performance, $24.87 and $18.48 were the 52-week high and 52-week low respectively. Overall, DLX moved -15.31% over the past month.
Deluxe Corp’s market cap currently stands at around $835.42 million, with investors looking forward to this quarter’s earnings report slated for in March. The company has a Forward Dividend ratio of 1.20, with its dividend yield at 6.36%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 527.17M for the company’s revenue for the quarter, with a low and high estimate of 519.5M and 536.1M respectively. The average forecast suggests down to a -1.46% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.13B, representing a 0.26% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DLX is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend DLX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DLX’s current price about -15.04% and -16.82% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 25.53, while 7-day volatility ratio is 7.96% and 3.66% in the 30-day chart. Further, Deluxe Corp (DLX) has a beta value of 1.41, and an average true range (ATR) of 0.95. Analysts have given the company’s stock an average 52-week price target of $27, forecast between a low of $27 and high of $27. Looking at the price targets, the low is -43.08% off current price level while to achieve the yearly target high, price needs to move -43.08%. Nonetheless, investors will most likely welcome a -43.08% jump to $27 which is the analysts’ median price.
If we refocus on Deluxe Corp (NYSE:DLX), historical trading data shows that trading volumes averaged 0.46 over the past 10 days and 284.14K over the past 3 months. The company’s latest data on shares outstanding shows there are 44.30 million shares.
The 1.87% of Deluxe Corp’s shares are in the hands of company insiders while institutional holders own 85.86% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.47 million on 2025-01-15, giving us a short ratio of 10.04. The data shows that as of 2025-01-15 short interest in Deluxe Corp (DLX) stood at 778.00006 of shares outstanding, with shares short rising to 2.4 million registered in 2024-12-13. Current price change has pushed the stock -16.47% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DLX stock continues to rise going into the next quarter.
