Sunday, 27 September 2015

Aretha sells DLX 54.9: The revenue outlook for the full year is $1.76 to $1.78 billion, a 5.7% increase over 2014. They expect earnings per share in the $4.50 to $4.60 range, a 15% increase over 2014 levels.

They now have approximately 863,000 web hosting customers. It posted double-digit growth during the last quarter. Look for web hosting (part of marketing solutions) to perform well going forward. The company expects it to account for 40% of revenue by 2018. By that time they expect checks to fall to 40% of revenue. In 2011, checks accounted for 63.9% of revenue.


Nicole:
They expect the marketing solutions segment to grow to $530 million for the year, up from $427 million in 2014. The main drivers will be organic growth in the low double digits, and growth from the Wausau acquisition.

Oretha:
They offer postcard and brochure services, email marketing campaigns, retail packaging design, website design, SEO optimization, and reward and loyalty programs.

Herma:
The marketing solutions segment offers many services that are designed to boost sales.

Lavada:
The share count has modestly decreased from 50.83 million shares in 2011 to 49.96 million shares today.

Maryann:
Deluxe does have a modest share buyback program, but its primary purpose is to offset dilution from share-based compensation, not to return cash to shareholders.

Sadie:
Since the dividend lacks growth, some may wonder if they also return cash through share buy-backs.

Natacha:
The lack of growth would annoy many income investors, but at least there is stability.

Justina:
This was the first dividend raise since 2004 (the cut they dividend in 2006). They paid a $0.25 dividend for 31 consecutive quarters.

Paz:
Capital spending is far less than their depreciation and amortization expense of $76 million.

Irena:
Cash produced by operations was $280.4 million for 2014, but capital spending was just $41.1 million, or 14.7% of cash produced.

Deluxe Corp. (NYSE:DLX)
//stockhand.net/us/?q=nyse%3Adlx&id=298383

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