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]

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]

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Financial Data and Key Metrics Changes - The company reported total revenue of $528.4 million for Q3 2024, down 1.7% year-over-year, and a comparable adjusted revenue decline of 0.7% [31] - Comparable adjusted EBITDA reached $104.5 million, increasing approximately 6.9% from Q3 2023, with adjusted EBITDA margins improving by 140 basis points to 19.8% [34][18] - Free cash flow for Q3 was $46.7 million, reflecting a year-to-date improvement of $30.2 million compared to the same period in 2023 [51] Business Line Data and Key Metrics Changes - **Merchant Services**: Revenue grew by 6.3% year-over-year to $93.5 million, with year-to-date growth at 7.4% [35] - **B2B Payments**: Revenue finished at $75.1 million, showing a sequential improvement and a year-over-year growth of 0.7% [39] - **Data Solutions**: Revenue was $61.1 million, reflecting a year-over-year decline of 4.5% but a sequential increase of 6.4% [43] - **Print Segment**: Revenue was $297.3 million, declining 2.3% year-over-year, with legacy check revenues declining 1.8% [46] Market Data and Key Metrics Changes - The company noted that overall economic uncertainty remains, but trends appear to have stabilized during Q3, with solid processing volumes in the Merchant Services segment [22][21] - The B2B segment is expected to improve sequentially in Q4, supported by a strong pipeline of SaaS opportunities [24] Company Strategy and Development Direction - The North Star program aims to identify $130 million in improvements to baseline comparable adjusted EBITDA results over a multi-year horizon, with $100 million of targeted annualized EBITDA improvements expected by 2026 [13][14] - The company is focused on executing its deleveraging path, having reduced net debt by $45 million sequentially [12] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the trajectory of the B2B and Merchant businesses, anticipating sequential growth in Q4 [63][64] - The company expects to maintain a low to mid-single-digit revenue decline in the Print segment while achieving growth in other segments [68] Other Important Information - The company declared a quarterly dividend of $0.30 per share, payable on December 2, 2024 [55] - Full year guidance was narrowed to revenue of $2.12 billion to $2.14 billion, reflecting a decline of 1% to flat comparable adjusted growth versus 2023 [56] Q&A Session Summary Question: Can you provide insight into consolidated revenue growth for 2025? - Management indicated that while they are pleased with progress, they have not provided specific guidance for 2025, but expect mid to high-single-digit growth in certain segments [61][68] Question: What are the drivers behind the strong EBITDA margin despite revenue being nearly flat? - Management attributed margin improvement to operational efficiency and significant reductions in corporate spending, alongside strong performance in the Data segment [72][75] Question: Are there any changes in the competitive environment or pricing pressure in the Merchant business? - Management acknowledged ongoing competitive pressure but emphasized their strong service levels and successful client wins, which help mitigate pricing pressures [81][82]

deluxe. Third Quarter 2024 Earnings November 6, 2024 © 2024 Deluxe Corporation Brian Anderson Vice President, Strategy & Investor Relations 2 Today's Presenters | --- | --- | --- | --- | --- | |----------------------------------------|----------------------------------------------------|-------|-------|-----------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Barry McCarthy | Chip Zint | | | Brian Anderson | | President and Chief E ...