Deluxe Corp. Overcomes "Mixed Economic Signals" to Keep Growing
![Deluxe Corp. Overcomes "Mixed Economic Signals" to Keep Growing](https://assets2.sharewise.com/attachment/file/59155/open-uri20170727-13703-1iz6dbx "Deluxe Corp. Overcomes "Mixed Economic Signals" to Keep Growing")
Paper checks are slowly going the way of the buggy whip, and Deluxe Corp. (NYSE: DLX) has worked hard to figure out how to respond to the gradual decline of what used to be its key business. It now offers a broad range of business services in areas like marketing and finance that it hopes can produce growth to offset falling results from printing checks.
Coming into Thursday's second-quarter financial report, investors wanted to see further evidence that the company could continue to generate consistent gains in revenue and net income. Deluxe outpaced analysts' expectations, and even though the business services provider sees mixed macroeconomic conditions, it nevertheless asserted confidence in its ability to keep itself moving forward. Let's look more closely what these latest results mean for the future.
Image source: Deluxe.
Source: Fool.com
Deluxe Corp. Stock
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Deluxe Corp. stock is not clear.
With a target price of 30 € there is a positive potential of 42.86% for Deluxe Corp. compared to the current price of 21.0 €.
