Wall Street brokerages expect Alliance Data Systems Co. (NYSE:ADS) to post sales of $2.00 billion for the current quarter, Zacks Investment Research reports. Nine analysts have made estimates for Alliance Data Systems’ earnings, with estimates ranging from $1.92 billion to $2.09 billion. Alliance Data Systems posted sales of $1.88 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 6.4%. The company is scheduled to report its next earnings report on Thursday, April 19th.
According to Zacks, analysts expect that Alliance Data Systems will report full-year sales of $2.00 billion for the current financial year, with estimates ranging from $8.18 billion to $8.49 billion. For the next fiscal year, analysts anticipate that the firm will report sales of $9.16 billion per share, with estimates ranging from $8.79 billion to $9.47 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that follow Alliance Data Systems.
Alliance Data Systems (NYSE:ADS) last issued its earnings results on Thursday, January 25th. The business services provider reported $6.10 earnings per share for the quarter, beating the consensus estimate of $4.72 by $1.38. The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.15 billion. Alliance Data Systems had a return on equity of 66.17% and a net margin of 10.22%. Alliance Data Systems’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.67 EPS.
ADS has been the subject of a number of recent analyst reports. Oppenheimer set a $208.00 price target on Alliance Data Systems and gave the company a “sell” rating in a research report on Thursday, October 26th. Zacks Investment Research raised Alliance Data Systems from a “hold” rating to a “buy” rating and set a $283.00 price target for the company in a research report on Friday, January 26th. Barclays reaffirmed an “equal weight” rating and set a $298.00 price target (up previously from $278.00) on shares of Alliance Data Systems in a research report on Monday, January 8th. ValuEngine raised Alliance Data Systems from a “hold” rating to a “buy” rating in a research report on Saturday, October 21st. Finally, JMP Securities upped their price target on Alliance Data Systems from $285.00 to $310.00 and gave the company a “market outperform” rating in a research report on Friday, January 26th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the stock. Alliance Data Systems presently has an average rating of “Hold” and an average price target of $276.44.
In other news, CFO Charles L. Horn sold 2,128 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total value of $500,080.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.60% of the stock is currently owned by corporate insiders.
Several large investors have recently made changes to their positions in the company. Bank of Hawaii increased its position in Alliance Data Systems by 6.0% during the 3rd quarter. Bank of Hawaii now owns 4,247 shares of the business services provider’s stock valued at $941,000 after buying an additional 240 shares in the last quarter. Citizens & Northern Corp increased its position in Alliance Data Systems by 3.8% during the 3rd quarter. Citizens & Northern Corp now owns 6,721 shares of the business services provider’s stock valued at $1,489,000 after buying an additional 243 shares in the last quarter. First Allied Advisory Services Inc. increased its position in Alliance Data Systems by 8.1% during the 4th quarter. First Allied Advisory Services Inc. now owns 3,342 shares of the business services provider’s stock valued at $859,000 after buying an additional 250 shares in the last quarter. Cardinal Capital Management increased its position in Alliance Data Systems by 11.8% during the 3rd quarter. Cardinal Capital Management now owns 2,461 shares of the business services provider’s stock valued at $545,000 after buying an additional 260 shares in the last quarter. Finally, Davidson Investment Advisors increased its position in Alliance Data Systems by 0.7% during the 4th quarter. Davidson Investment Advisors now owns 39,484 shares of the business services provider’s stock valued at $10,008,000 after buying an additional 260 shares in the last quarter. 93.68% of the stock is owned by hedge funds and other institutional investors.
Shares of Alliance Data Systems (NYSE ADS) opened at $244.68 on Friday. The firm has a market capitalization of $13,520.00, a PE ratio of 16.00, a P/E/G ratio of 0.86 and a beta of 1.71. Alliance Data Systems has a fifty-two week low of $209.00 and a fifty-two week high of $278.33. The company has a current ratio of 1.91, a quick ratio of 2.09 and a debt-to-equity ratio of 8.02.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Wednesday, February 14th will be given a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $2.28 annualized dividend and a dividend yield of 0.93%. This is a positive change from Alliance Data Systems’s previous quarterly dividend of $0.52. Alliance Data Systems’s dividend payout ratio is currently 14.91%.
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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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