Deluxe (DLX) Stock

The consensus price target hints at a 40.4% upside potential for Deluxe (DLX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Deluxe Corporation is experiencing growth in new areas, but its core checks business, which generates significant cash, is in secular decline. The company faces substantial debt maturities by 2026 and will need refinancing, likely at higher interest rates, impacting net income negatively. Cost improvements are underway, aiming to unlock $80 million over the next few years, but the quantum is massive relative to current EBITDA, and we want to see execution first.

MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a Trusted Payments and Data company (the “Company”), today announced the pricing of $450 million aggregate principal amount of its senior secured notes due 2029 (the “Notes”). The size of the offering was upsized from $400 million to $450 million. The offering is expected to close on December 3, 2024, subject to customary closing conditions. The Notes will pay interest semi-annually at a rate of 8.125% per annum. The Notes are being offered in a.

MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a Trusted Payments and Data company (the “Company”), announces that it intends to offer $400 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to persons outside the United States in accordance with Regulation S under the Securitie.

MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a Trusted Payments and Data company, announced today that Barry McCarthy, President and Chief Executive Officer, and Chip Zint, Senior Vice President and Chief Financial Officer, will present at the Stephens Investment Conference, in Nashville, TN, on Wednesday, November 20th at 9:00 am ET. Interested parties can register and join the webcast of this event from the investor relations section of the company's website at www.investors.deluxe.com.

Deluxe (DLX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Deluxe (DLX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The average of price targets set by Wall Street analysts indicates a potential upside of 37.9% in Deluxe (DLX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Deluxe (DLX) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.