Deluxe Corporation provides a wide range of products and services including customized checks and forms, as well as website development and hosting, search engine marketing, search engine optimization, and logo design. The company was founded in 1915 and is based in Shoreview, Minnesota.
DLX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for DLX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Deluxe Corp ranked in the 38th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Deluxe Corp ended up being:
Its compound free cash flow growth rate, as measured over the past 5.45 years, is -0.01% -- higher than merely 23.32% of stocks in our DCF forecasting set.
Deluxe Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -10.26. This coverage rate is greater than that of merely 8.32% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Deluxe Corp experienced a tax rate of about 4% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than merely 22.4% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
EVRI, WWW, CCK, RELX, and SGMS can be thought of as valuation peers to DLX, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a Trusted Business Technology™ company, announced today that Barry McCarthy, President and CEO, will present virtually at two investor conferences: CL King’s 18th Annual Best Ideas Conference on September 16, 2020 at 8:00 am ET Sidoti Small Cap Virtual 2020 Conference on September 24, 2020 at 1:45 pm ET Interested parties can listen to a live webcast of the presentations from the investor relations section of the company’s website at www.deluxe.
SHOREVIEW, Minn.--(BUSINESS WIRE)--Deluxe, a Trusted Business Technology™ company, today announced it will relocate its headquarters to 801 Marquette in downtown Minneapolis following the sale of its Shoreview corporate campus. The new Deluxe headquarters will be under construction until Fall 2021. Deluxe President and Chief Executive Officer Barry C. McCarthy was joined by Minnesota Governor Tim Walz, Minneapolis Mayor Jacob Frey, Minneapolis City Councilmember Lisa Goodman and other business
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it entered into a new lease for space at its 801 Marquette Avenue redevelopment property and its 121 South Eighth Street property in Minneapolis, Minnesota. Deluxe Corporation will lease approximately 71,000 square feet at 801 Marquette Avenue and approximately 23,000 square feet at 121 South Eighth Street, for a combined to
SHOREVIEW, Minn.--(BUSINESS WIRE)--Deluxe, a Trusted Business Technology™ company, today announced it is building both a FinTech Innovation Center and a Customer Experience Center in its new location in Sandy Springs, Georgia. At a meeting with Georgia Governor Brian P. Kemp, Deluxe executives shared their vision for growing the company’s FinTech, Payment and Cloud businesses with co-located product management, strategy, research, engineering and application development in Georgia. “The Deluxe
At the end of today's prepared remarks, Barry, Keith, Jane and I will take questions. Additional information about factors that might cause our actual results to differ from projections is contained in the press release issued today, in the company's Form 10-K for the year ended December 31, 2019, the Form 10-Q, which will be released in conjunction with our second quarter earnings release shortly, as well as other SEC filings.