Workflow
Deluxe(DLX)
icon
Search documents
Recent Price Trend in Deluxe (DLX) is Your Friend, Here's Why
ZACKS· 2024-12-03 14:50
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their recent uptrend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - Deluxe (DLX) is identified as a suitable candidate that passed through this screening process, showing a solid price increase of 26.2% over the past 12 weeks, reflecting investor confidence [4]. - In addition to the 12-week price increase, DLX has also seen a 26.6% price increase over the past four weeks, confirming that the upward trend is still intact [5]. Group 2: Fundamental Strength - DLX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a strong track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, indicating the effectiveness of this ranking system [7]. - The Average Broker Recommendation for DLX is 1 (Strong Buy), suggesting high optimism from the brokerage community regarding the stock's near-term performance [7]. Group 3: Investment Opportunities - The article suggests that the price trend for DLX is unlikely to reverse soon, and there are several other stocks that also meet the criteria of the "Recent Price Strength" screen, presenting additional investment opportunities [8]. - Investors are encouraged to explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stock picks [8].
Wall Street Analysts Predict a 40.4% Upside in Deluxe (DLX): Here's What You Should Know
ZACKS· 2024-11-29 15:57
Core Viewpoint - Deluxe (DLX) shares have increased by 24% in the past four weeks, closing at $23.27, with a potential upside of 40.4% based on Wall Street analysts' mean price target of $32.67 [1][12] Price Targets - The average price target consists of three estimates ranging from a low of $28 to a high of $38, with a standard deviation of $5.03, indicating variability among analysts [2] - The lowest estimate suggests a 20.3% increase from the current price, while the highest indicates a 63.3% upside [2] Analyst Sentiment - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [4][9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 5.4%, with no negative revisions [10] Zacks Rank - DLX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside [11] Caution on Price Targets - Solely relying on consensus price targets for investment decisions may not be wise, as analysts' price targets can often be overly optimistic due to business incentives [3][6][8]
Deluxe Corporation: Deleveraging Path Heavily Execution Dependent
Seeking Alpha· 2024-11-24 09:37
Investment Strategy - The Value Lab focuses on long-only value ideas, targeting international mispriced equities with a portfolio yield of about 4% [1] - The Valkyrie Trading Society shares high-conviction developed market ideas that are downside limited and likely to generate non-correlated and outsized returns [3] Deluxe Corporation (DLX) - Deluxe Corporation is making progress in growth-oriented areas compared to its traditional checks business [2] - The company has slightly reduced its debt, with interest remaining manageable [2] Services Offered - The Value Lab provides members with a portfolio featuring real-time updates, 24/7 chat support, global market news reports, feedback on stock ideas, new trades monthly, quarterly earnings write-ups, and daily macro opinions [2]
Should Value Investors Buy Deluxe (DLX) Stock?
ZACKS· 2024-11-14 15:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of a ...
Why Fast-paced Mover Deluxe (DLX) Is a Great Choice for Value Investors
ZACKS· 2024-11-14 14:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Why Deluxe (DLX) Might be Well Poised for a Surge
ZACKS· 2024-11-13 18:26
Deluxe (DLX) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this payments and data company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between ...
How Much Upside is Left in Deluxe (DLX)? Wall Street Analysts Think 37.85%
ZACKS· 2024-11-13 16:00
Shares of Deluxe (DLX) have gained 21.7% over the past four weeks to close the last trading session at $23.70, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $32.67 indicates a potential upside of 37.9%.The mean estimate comprises three short-term price targets with a standard deviation of $5.03. While the lowest estimate of $28 indicates an 18.1% increase from the current pric ...
Deluxe (DLX) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-11-13 14:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
Deluxe(DLX) - 2024 Q3 - Quarterly Report
2024-11-07 15:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission file number: 1-7945 DELUXE CORPORATION (Exact name of registrant as specified in its charter) MN 41-0216800 (State or ot ...
Deluxe(DLX) - 2024 Q3 - Earnings Call Transcript
2024-11-07 04:14
Deluxe Corporation (NYSE:DLX) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Brian Anderson - VP, Strategy & IR Barry McCarthy - President & CEO Chip Zint - CFO Conference Call Participants Lance Vitanza - TD Cowen Charlie Strauzer - CJS Will Brunemann - Northcoast Research Marc Riddick - Sidoti Operator Ladies and gentlemen, thank you for standing by, and welcome to the Deluxe Quarterly Earnings Conference Call. All participants are currently in a listen-only mode. And to ...