DLX

Deluxe Corp

Finance/Real Estate


Presented:03/17/2017
Price:$74.42
Cap:$3.62B
Current Price:$19.48
Cap:$0.86B

Presented

Date03/17/2017
Price$74.42
Market Cap$3.62B
Ent Value$4.17B
P/E Ratio15.97x
Book Value$18.15
Div Yield0.02%
Shares O/S48.70M
Ave Daily Vol256,867
Short Int9.46%

Current

Price$19.48
Market Cap$0.86B
Deluxe Corp. engages in the provision of graphic arts design and check printing services. It operates through the following segments: Small Business Services, Financial Services, and Direct Checks. The Small Business Services segment includes printing of deposit tickets, billing forms, work orders, job proposals, purchase orders, invoices, and personnel forms. The Financial Services segment offers consulting and marketing solutions, loyalty programs, credit union dashboard, and identity theft services. The Direct Checks segment produces business and email able checks. The company as founded by W. R. Hotchkiss in 1915 and is headquartered in Shoreview, MN.

Publicly traded companies mentioned herein: Deluxe Corp (DLX)

Highlights

The presenter is short shares of Deluxe (DLX), the largest check printer in the United States. He believes shifting dynamics in retail banking is disincentivizing checking accounts, which pressures DLX’s organic growth. In addition, he sees weakness in DLX’s printed services business, as well as some muddy accounting issues that could be disguising DLX’s challenged fundamental growth prospects. DLX shares could decline 50% by the presenter’s thesis.

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Idea Discussion

Commentor 1 - 2 weeks ago

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