Alliance Data Systems (NYSE:ADS) Price Target Cut to $125.00 by Analysts at Oppenheimer

Alliance Data Systems (NYSE:ADS) had its target price lowered by Oppenheimer from $128.00 to $125.00 in a research note released on Wednesday morning, PriceTargets.com reports. The firm currently has an outperform rating on the business services provider’s stock.

Other equities analysts have also recently issued reports about the company. Seaport Global Securities assumed coverage on Alliance Data Systems in a research note on Monday, August 30th. They set a buy rating and a $121.00 price objective on the stock. Bank of America upgraded Alliance Data Systems from a neutral rating to a buy rating and set a $121.00 price objective on the stock in a research note on Tuesday, August 31st. Royal Bank of Canada dropped their price objective on Alliance Data Systems from $126.00 to $120.00 and set an outperform rating on the stock in a research note on Friday, July 30th. JPMorgan Chase & Co. raised their price objective on Alliance Data Systems from $115.00 to $125.00 and gave the company an overweight rating in a research note on Tuesday, August 17th. Finally, Keefe, Bruyette & Woods restated an outperform rating on shares of Alliance Data Systems in a research note on Thursday, July 29th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of Hold and a consensus price target of $163.44.

Shares of ADS opened at $96.49 on Wednesday. Alliance Data Systems has a 12-month low of $42.80 and a 12-month high of $128.16. The business’s fifty day moving average is $96.05 and its 200 day moving average is $105.07. The company has a quick ratio of 1.77, a current ratio of 1.79 and a debt-to-equity ratio of 4.08. The stock has a market cap of $4.80 billion, a P/E ratio of 6.82, a P/E/G ratio of 0.31 and a beta of 2.56.

Alliance Data Systems (NYSE:ADS) last issued its earnings results on Wednesday, July 28th. The business services provider reported $5.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.74 by $2.25. Alliance Data Systems had a return on equity of 55.02% and a net margin of 16.56%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.05 billion. On average, analysts expect that Alliance Data Systems will post 17.31 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 17th. Investors of record on Friday, August 13th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.87%. The ex-dividend date was Thursday, August 12th. Alliance Data Systems’s dividend payout ratio (DPR) is currently 9.27%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Altshuler Shaham Ltd purchased a new stake in Alliance Data Systems in the 1st quarter worth about $26,000. Harvest Fund Management Co. Ltd purchased a new position in Alliance Data Systems during the 1st quarter valued at about $34,000. Parkside Financial Bank & Trust grew its holdings in Alliance Data Systems by 162.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 328 shares of the business services provider’s stock valued at $34,000 after buying an additional 203 shares in the last quarter. Advisory Services Network LLC purchased a new position in Alliance Data Systems during the 2nd quarter valued at about $43,000. Finally, Credit Agricole S A purchased a new position in Alliance Data Systems during the 1st quarter valued at about $49,000. 95.39% of the stock is owned by institutional investors.

About Alliance Data Systems

Alliance Data Systems Corp. engages in the provision of data-driven and transaction-based marketing, customer loyalty and payment solutions. It operates through the following segments: LoyaltyOne, Epsilon and Card Services. The LoyaltyOne segment provides coalition and short-term loyalty programs. The Epsilon segment offers end-to-end, integrated marketing solutions.

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