Shares of Alliance Data Systems Co. (NYSE:ADS) have been given an average recommendation of “Hold” by the twenty ratings firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $141.46.
ADS has been the topic of several recent analyst reports. Argus downgraded Alliance Data Systems from a “buy” rating to a “hold” rating in a research note on Tuesday. Edward Jones downgraded Alliance Data Systems from a “buy” rating to a “hold” rating in a research note on Friday, October 25th. Wolfe Research set a $125.00 target price on Alliance Data Systems and gave the company a “hold” rating in a research note on Friday, October 25th. SunTrust Banks set a $135.00 target price on Alliance Data Systems and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Wells Fargo & Co downgraded Alliance Data Systems from an “outperform” rating to a “market perform” rating and set a $115.00 target price on the stock. in a research note on Friday, October 25th.
ADS traded down $0.27 on Tuesday, hitting $112.15. 771,991 shares of the company’s stock traded hands, compared to its average volume of 657,621. The company’s 50 day simple moving average is $109.15 and its 200-day simple moving average is $125.02. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 5.20, a P/E/G ratio of 0.42 and a beta of 1.67. Alliance Data Systems has a one year low of $99.20 and a one year high of $182.95. The company has a current ratio of 2.10, a quick ratio of 2.08 and a debt-to-equity ratio of 8.91.
Alliance Data Systems (NYSE:ADS) last issued its earnings results on Thursday, October 24th. The business services provider reported $5.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.03). The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.45 billion. Alliance Data Systems had a net margin of 7.54% and a return on equity of 47.40%. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the business posted $5.37 EPS. As a group, equities analysts anticipate that Alliance Data Systems will post 16.43 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Thursday, November 14th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date was Wednesday, November 13th. Alliance Data Systems’s payout ratio is 11.69%.
In other Alliance Data Systems news, insider Valueact Capital Master Fund, sold 960,007 shares of Alliance Data Systems stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $16.43, for a total value of $15,772,915.01. Also, major shareholder Holdings L.P. Valueact sold 2,000,000 shares of Alliance Data Systems stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $101.50, for a total value of $203,000,000.00. The disclosure for this sale can be found here. Insiders own 2.80% of the company’s stock.
Several institutional investors have recently made changes to their positions in ADS. Tuttle Tactical Management purchased a new position in Alliance Data Systems during the 4th quarter valued at $991,000. Sanders Morris Harris LLC bought a new stake in Alliance Data Systems during the 4th quarter valued at $1,923,000. Accurate Investment Solutions Inc. bought a new stake in Alliance Data Systems during the 4th quarter valued at $40,000. Resources Management Corp CT ADV bought a new stake in Alliance Data Systems during the 3rd quarter valued at $155,000. Finally, Millennium Management LLC raised its position in Alliance Data Systems by 4,483.9% during the 3rd quarter. Millennium Management LLC now owns 219,196 shares of the business services provider’s stock valued at $28,085,000 after purchasing an additional 224,196 shares in the last quarter. Hedge funds and other institutional investors own 89.98% of the company’s stock.
About Alliance Data Systems
Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. 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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