Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Deluxe Corp before investing.

In this article, we go over a few key elements for understanding Deluxe Corp’s stock price such as:

• Deluxe Corp’s current stock price and volume
• Why Deluxe Corp’s stock price changed recently
• Upgrades and downgrades for DLX from analysts
• DLX’s stock price momentum as measured by its relative strength

About Deluxe Corp (DLX)

Before we jump into Deluxe Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Deluxe Corporation is a payments and data company. The Company’s segments include Merchant Services, B2B Payments, Data Solutions, and Print. The Merchant Services segment provides electronic credit and debit card authorization and payment systems and processing services primarily to small and medium-sized retail and service businesses. The B2B Payments segment provides treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing and paperless treasury management, as well as fraud and security services and Deluxe Payment Exchange. The Data Solutions segment provides data-driven marketing solutions, including digital engagement, financial institution profitability reporting and account switching tools, and business incorporation services. The Print segment provides printed personal and business checks, printed business forms, business accessories and promotional products.

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Deluxe Corp’s Stock Price as of Market Close

As of August 23, 2024, 4:00 PM, CST, Deluxe Corp’s stock price was $20.41.

Deluxe Corp is up 5.26% from its previous closing price of $19.39.

During the last market session, Deluxe Corp’s stock traded between $19.37 and $19.65. Currently, there are 44.16 million shares of Deluxe Corp stock available for purchase.

Deluxe Corp’s price-earnings (P/E) ratio is currently at 22.6, which is high compared to the Commercial Printing Services industry median of 17.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Deluxe Corp Stock Price History

Deluxe Corp’s (DLX) price is currently down 16.28% so far this month.

During the month of August, Deluxe Corp’s stock price has reached a high of $24.60 and a low of $18.72.

Over the last year, Deluxe Corp has hit prices as high as $24.87 and as low as $16.00. Year to date, Deluxe Corp’s stock is up 20.2%.

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What Caused Deluxe Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 22, 2024, there were 3 analysts who downgraded Deluxe Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Deluxe Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Deluxe Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Deluxe Corp’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Deluxe Corp (DLX) by visiting AAII Stock Evaluator.

Relative Price Strength of Deluxe Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 22, 2024, Deluxe Corp has a weighted four-quarter relative price strength of -7.70%, which translates to a Momentum Score of 38 and is considered to be Weak.

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Deluxe Corp Stock Price: Bottom Line

As of August 23, 2024, Deluxe Corp’s stock price is $20.41, which is up 5.26% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Deluxe Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.