Shares of Deluxe Co. (NYSE:DLX) have received an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Brokerages have set a twelve-month consensus target price of $56.00 for the company, according to Zacks. Zacks has also assigned Deluxe an industry rank of 66 out of 255 based on the ratings given to its competitors.

Several research firms have recently commented on DLX. Buckingham Research began coverage on shares of Deluxe in a research report on Friday, October 12th. They set a “neutral” rating and a $56.00 price target for the company. TheStreet lowered shares of Deluxe from a “b-” rating to a “c+” rating in a research report on Tuesday, August 21st.

DLX opened at $44.42 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 8.00 and a beta of 0.90. Deluxe has a 52-week low of $43.72 and a 52-week high of $78.87.

Deluxe (NYSE:DLX) last released its quarterly earnings results on Thursday, October 25th. The business services provider reported $1.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.08. Deluxe had a net margin of 9.00% and a return on equity of 26.00%. The firm had revenue of $493.20 million during the quarter. As a group, analysts expect that Deluxe will post 5.68 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Monday, November 19th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend is Friday, November 16th. Deluxe’s payout ratio is currently 22.77%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Amalgamated Bank increased its holdings in Deluxe by 12.9% in the 2nd quarter. Amalgamated Bank now owns 7,793 shares of the business services provider’s stock worth $516,000 after acquiring an additional 892 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its holdings in Deluxe by 50.4% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,778 shares of the business services provider’s stock worth $206,000 after acquiring an additional 931 shares in the last quarter. Smith Asset Management Group LP increased its holdings in Deluxe by 4.3% in the 2nd quarter. Smith Asset Management Group LP now owns 24,853 shares of the business services provider’s stock worth $1,646,000 after acquiring an additional 1,030 shares in the last quarter. State Board of Administration of Florida Retirement System increased its holdings in Deluxe by 4.7% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 23,050 shares of the business services provider’s stock worth $1,526,000 after acquiring an additional 1,043 shares in the last quarter. Finally, Private Capital Group LLC increased its holdings in Deluxe by 408.2% in the 1st quarter. Private Capital Group LLC now owns 1,362 shares of the business services provider’s stock worth $101,000 after acquiring an additional 1,094 shares in the last quarter. 93.15% of the stock is owned by institutional investors.

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.

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