Deluxe Corporation Forecasts Adjusted EPS of $3.10 to $3.40 for 2024

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Deluxe Corporation ($NYSE:DLX) has just announced their forecast for adjusted earnings per share (EPS) for 2024. The company has predicted that their adjusted EPS for next year will be between $3.10 and $3.40. This is a positive outlook for the company that is sure to bring smiles to shareholders. Deluxe Corporation is a publicly-traded company that specializes in providing check printing services, financial services, payment solutions, and other services for businesses and financial institutions. It is a widely respected business that has earned trust from its customers and has been a reliable source of financial services for its customers throughout its long history.

Deluxe Corporation’s stock has been performing well recently and investors are looking forward to the next earnings report in 2024. With the company forecasting adjusted EPS of between $3.10 and $3.40 for the next year, it can only be assumed that the stock will continue to rise. This likely means that shareholders will be seeing good returns over the coming year.

Earnings

DELUXE CORPORATION has recently released its earning report for the third quarter of FY2023 as of September 30 2021. According to the report, the company earned a total revenue of 532.14M USD and a net income of 12.46M USD. Compared to the same period last year, this is a 4.1% decrease in total revenue and a 15.4% decrease in net income. Despite the decrease in profits, DELUXE CORPORATION has seen a gradual increase in their total revenue from 532.14M USD to 537.8M USD over the last 3 years.

Moreover, DELUXE CORPORATION forecasts adjusted EPS of $3.10 to $3.40 for 2024. The company believes that by focusing on product and services innovations, they will be able to keep up with the changing market demands and continue to grow their profits in the coming years.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Deluxe Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Deluxe Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Deluxe Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Deluxe Corporation are shown below. More…

Stock Price

On Tuesday, DELUXE CORPORATION stock opened at $19.2 and closed at $18.9, down by 1.4% from previous closing price of 19.2. DELUXE CORPORATION is expecting to achieve this through organic growth, strategic acquisitions, and leveraging its technology and data-driven capabilities. Additionally, DELUXE CORPORATION is planning to invest in marketing, product innovation and new capabilities, as well as expanding its customer base. Live Quote…

Analysis

GoodWhale recently conducted an analysis of DELUXE CORPORATION‘s wellbeing, and used the Star Chart to assign it an intermediate health score of 6/10, based on its cashflows and debt. We found that DELUXE CORPORATION is strong in asset and profitability, medium in dividend, and weak in growth. Based on this, we classified DELUXE CORPORATION as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. Therefore, we think that DELUXE CORPORATION is likely to sustain future operations in times of crisis. We can conclude that investors interested in long-term, steady returns may be interested in DELUXE CORPORATION. Such investors may be looking for a company with strong fundamentals, low risk and a steady income from dividends. With the evidence provided by Star Chart, it is possible to draw a conclusion about the company’s wellbeing and potential for growth. More…

Peers

Deluxe Corp is in the business of providing software solutions. Its competitors are Ilkka Oyj, Specificity Inc, and DM Solutions Co Ltd.

– Ilkka Oyj ($LTS:0IGW)

Ilkka Oyj is a Finnish company that produces and supplies wood products. It has a market cap of 110.82M as of 2022 and a Return on Equity of 2.9%. The company is involved in the production of lumber, pulp, paper, and energy. It also provides services related to forestry, real estate, and environmental protection.

– Specificity Inc ($OTCPK:SPTY)

Based in New York, Specificity Inc is a biotechnology company that focuses on the development of cancer treatments. The company has a market capitalization of 11.71 million as of 2022 and a return on equity of 189.94%. Specificity Inc’s products are designed to target specific types of cancer cells, which the company believes will result in more effective and less toxic treatments. In addition to its cancer treatments, Specificity Inc is also developing treatments for other diseases, such as Alzheimer’s disease and Parkinson’s disease.

– DM Solutions Co Ltd ($TSE:6549)

The company’s market cap as of 2022 is 2.39B, and its ROE is 5.37%. The company provides software development services and solutions.

Summary

Deluxe Corporation is an investment opportunity with an expected 2024 adjusted earnings per share (EPS) of $3.10 to $3.40. This EPS is a potential indicator of the company’s performance, and investors should analyze it to determine if Deluxe Corporation is a viable investment opportunity. Investors should conduct a thorough analysis of the company’s financials, including income statements, balance sheets, and cash flow statements, to assess its risk factors and consider the potential for long-term growth. It is also important to look at the company’s management team to gauge the strength of their strategic plans and gain insights into how the company is likely to perform in the future.

Additionally, investors should consider the macroeconomic environment and any impending changes that may affect the company’s financial standing. With this information, investors can make an informed decision about investing in Deluxe Corporation.