DLX Stock Summary and Trading Ideas (Deluxe | NYSE:DLX)

Deluxe Corporation engaged in providing payment solutions. The company operates in 4 segments. Payments includes merchant in-store, online and mobile payment solutions; treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing and paperless treasury management; payroll and disbursement services, including Deluxe Payment Exchange; and fraud and security services. Data Solutions includes data-driven marketing solutions; hosted solutions, including digital engagement, logo design; web hosting and design services. Promotional Solutions includes business forms, accessories, advertising specialties and promotional apparel. Checks includes printed business and personal checks.

Deluxe trades on the NYSE stock market under the symbol DLX.

As of April 26, 2024, DLX stock price climbed to $20.22 with 70,082 million shares trading.

DLX has a beta of 1.14, meaning it tends to be more sensitive to market movements. DLX has a correlation of 0.20 to the broad based SPY ETF.

DLX has a market cap of $886.65 million. This is considered a Small Cap stock.

Last quarter Deluxe reported $537 million in Revenue and $.80 earnings per share. This fell short of revenue expectation by $-400,000 and exceeded earnings estimates by $.05.

In the last 3 years, DLX stock traded as high as $48.38 and as low as $13.61.

The top ETF exchange traded funds that DLX belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

DLX has outperformed the market in the last year with a price return of +45.5% while the SPY ETF gained +27.0%. However, in the short term, DLX had mixed performance relative to the market. It has underperformed in the last 3 months, returning +2.5% vs +4.7% return in SPY. But in the last 2 weeks, DLX shares have fared better than the market returning +3.5% compared to SPY -1.7%.

DLX support price is $19.66 and resistance is $20.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DLX stock will trade within this expected range on the day.