Alliance Data Systems (NYSE:ADS)‘s stock had its “equal weight” rating restated by analysts at Barclays in a note issued to investors on Monday, January 8th. They currently have a $298.00 target price on the business services provider’s stock, up from their prior target price of $278.00. Barclays’ price target suggests a potential upside of 19.24% from the stock’s current price.
Several other research analysts also recently weighed in on ADS. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $300.00 target price on shares of Alliance Data Systems in a research note on Friday, October 6th. BMO Capital Markets reiterated a “hold” rating and set a $235.00 price target on shares of Alliance Data Systems in a research report on Wednesday, October 18th. SunTrust Banks reiterated a “buy” rating and set a $310.00 price target on shares of Alliance Data Systems in a research report on Friday, October 20th. Oppenheimer set a $208.00 price target on Alliance Data Systems and gave the stock a “sell” rating in a research report on Thursday, October 19th. Finally, ValuEngine upgraded Alliance Data Systems from a “hold” rating to a “buy” rating in a research report on Saturday, October 21st. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the stock. Alliance Data Systems presently has an average rating of “Hold” and an average target price of $276.44.
Shares of Alliance Data Systems (NYSE ADS) traded down $7.20 during trading hours on Monday, reaching $249.91. The company’s stock had a trading volume of 441,101 shares, compared to its average volume of 641,895. The company has a debt-to-equity ratio of 8.02, a current ratio of 1.91 and a quick ratio of 2.09. The firm has a market capitalization of $13,980.00, a P/E ratio of 17.69, a PEG ratio of 0.92 and a beta of 1.71. Alliance Data Systems has a one year low of $209.00 and a one year high of $278.33.
Alliance Data Systems (NYSE:ADS) last announced its earnings results on Thursday, January 25th. The business services provider reported $6.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.72 by $1.38. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.15 billion. Alliance Data Systems had a return on equity of 66.17% and a net margin of 10.22%. The business’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the company posted $4.67 EPS. equities research analysts anticipate that Alliance Data Systems will post 21.49 EPS for the current year.
In other news, CFO Charles L. Horn sold 2,128 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.60% of the company’s stock.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ADS. Victory Capital Management Inc. lifted its stake in Alliance Data Systems by 15.8% during the 2nd quarter. Victory Capital Management Inc. now owns 6,428 shares of the business services provider’s stock worth $1,650,000 after acquiring an additional 875 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Alliance Data Systems by 42.9% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock worth $468,000 after acquiring an additional 547 shares in the last quarter. Fiduciary Trust Co. acquired a new position in Alliance Data Systems during the 2nd quarter worth about $108,000. Schroder Investment Management Group lifted its stake in Alliance Data Systems by 669.8% during the 2nd quarter. Schroder Investment Management Group now owns 76,873 shares of the business services provider’s stock worth $19,842,000 after acquiring an additional 66,887 shares in the last quarter. Finally, Tredje AP fonden lifted its stake in Alliance Data Systems by 13.5% during the 2nd quarter. Tredje AP fonden now owns 3,700 shares of the business services provider’s stock worth $950,000 after acquiring an additional 440 shares in the last quarter. Institutional investors and hedge funds own 94.87% of the company’s stock.
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Alliance Data Systems Company Profile
Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.
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