Deluxe (DLX) Expected to Announce Earnings on Wednesday

Deluxe (NYSE:DLX) is anticipated to announce its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $535.93 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Deluxe Trading Down 0.9 %

DLX opened at $23.20 on Monday. Deluxe has a fifty-two week low of $18.48 and a fifty-two week high of $24.87. The firm has a market capitalization of $1.03 billion, a PE ratio of 18.71, a P/E/G ratio of 0.63 and a beta of 1.52. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.92 and a quick ratio of 0.83. The company’s 50-day moving average is $22.81 and its 200 day moving average is $21.31.

Deluxe Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Tuesday, November 19th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.17%. The ex-dividend date of this dividend was Tuesday, November 19th. Deluxe’s dividend payout ratio (DPR) is presently 96.77%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DLX. StockNews.com upgraded Deluxe from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 12th. Sidoti upgraded shares of Deluxe to a “hold” rating in a report on Thursday.

Insider Activity

In other Deluxe news, CEO Barry C. Mccarthy acquired 2,290 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were acquired at an average price of $23.57 per share, with a total value of $53,975.30. Following the completion of the transaction, the chief executive officer now owns 180,960 shares in the company, valued at approximately $4,265,227.20. This trade represents a 1.28 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 4.23% of the stock is currently owned by corporate insiders.

About Deluxe

Deluxe Corporation provides technology-enabled solutions to enterprises, small businesses, and financial institutions in the United States, Canada, and Australia. It operates through Merchant Services, B2B Payments, Data Solutions, and Print segments. The Merchant Services offers credit and debit card authorization and payment systems, as well as processing services primarily to small and medium-sized retail and service businesses.