Alliance Data Systems (NYSE:ADS)‘s stock had its “underperform” rating reissued by investment analysts at Credit Suisse Group in a report issued on Wednesday, January 17th, The Fly reports. They presently have a $218.00 target price on the business services provider’s stock, up from their previous target price of $193.00. Credit Suisse Group’s price target suggests a potential downside of 12.20% from the company’s current price.
Several other analysts have also commented on ADS. BMO Capital Markets reissued a “hold” rating and set a $235.00 price target on shares of Alliance Data Systems in a research report on Wednesday, October 18th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $300.00 price target on shares of Alliance Data Systems in a research report on Friday, October 6th. Barclays reissued an “equal weight” rating and set a $298.00 price target (up from $278.00) on shares of Alliance Data Systems in a research report on Monday, January 8th. Oppenheimer set a $208.00 price target on shares of Alliance Data Systems and gave the company a “sell” rating in a research report on Thursday, October 26th. Finally, Robert W. Baird reissued a “hold” rating and set a $270.00 price target on shares of Alliance Data Systems in a research report on Tuesday, January 9th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. Alliance Data Systems has an average rating of “Hold” and an average price target of $276.44.
Alliance Data Systems (ADS) traded up $7.62 during trading hours on Wednesday, reaching $248.29. 594,661 shares of the company were exchanged, compared to its average volume of 664,773. Alliance Data Systems has a 52 week low of $209.00 and a 52 week high of $278.33. The stock has a market capitalization of $13,720.00, a price-to-earnings ratio of 17.57, a PEG ratio of 0.86 and a beta of 1.71. The company has a current ratio of 1.91, a quick ratio of 2.09 and a debt-to-equity ratio of 8.02.
Alliance Data Systems (NYSE:ADS) last released its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.72 by $1.38. The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.15 billion. Alliance Data Systems had a net margin of 10.22% and a return on equity of 66.17%. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.67 earnings per share. sell-side analysts predict that Alliance Data Systems will post 21.49 EPS for the current fiscal year.
In related news, CFO Charles L. Horn sold 2,128 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $235.00, for a total value of $500,080.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.60% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently modified their holdings of ADS. Northwestern Mutual Wealth Management Co. grew its stake in shares of Alliance Data Systems by 516.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 493 shares of the business services provider’s stock worth $125,000 after purchasing an additional 413 shares during the period. ETF Managers Group LLC acquired a new stake in shares of Alliance Data Systems during the 2nd quarter worth approximately $128,000. Tower Research Capital LLC TRC acquired a new stake in shares of Alliance Data Systems during the 4th quarter worth approximately $152,000. WFG Advisors LP grew its stake in shares of Alliance Data Systems by 135.9% during the 2nd quarter. WFG Advisors LP now owns 677 shares of the business services provider’s stock worth $174,000 after purchasing an additional 390 shares during the period. Finally, FNY Managed Accounts LLC acquired a new stake in shares of Alliance Data Systems during the 4th quarter worth approximately $190,000. 93.68% of the stock is currently owned by institutional investors and hedge funds.
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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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