Shares of Alliance Data (NYSE:ADS) have earned a consensus recommendation of “Hold” from the twenty-four research firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $260.69.
Several brokerages recently issued reports on ADS. Robert W. Baird reissued a “hold” rating and set a $235.00 target price on shares of Alliance Data in a research note on Friday. Credit Suisse Group decreased their target price on Alliance Data from $218.00 to $206.00 and set an “underperform” rating on the stock in a research note on Friday, April 13th. Oppenheimer raised Alliance Data from an “underperform” rating to a “market perform” rating and set a $227.00 target price on the stock in a research note on Friday. Cowen reissued a “neutral” rating on shares of Alliance Data in a research note on Friday. Finally, BMO Capital Markets reissued a “hold” rating and set a $230.00 target price on shares of Alliance Data in a research note on Monday, April 16th.
NYSE ADS opened at $209.32 on Friday. The company has a debt-to-equity ratio of 7.10, a quick ratio of 2.41 and a current ratio of 1.85. Alliance Data has a 52 week low of $202.00 and a 52 week high of $278.33. The stock has a market capitalization of $11,738.94, a PE ratio of 11.45, a P/E/G ratio of 0.78 and a beta of 1.76.
Alliance Data (NYSE:ADS) last posted its quarterly earnings data on Thursday, April 19th. The business services provider reported $4.44 EPS for the quarter, topping the consensus estimate of $3.98 by $0.46. The firm had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.93 billion. Alliance Data had a return on equity of 61.30% and a net margin of 10.44%. The business’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the company earned $3.91 earnings per share. equities analysts predict that Alliance Data will post 21.18 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 19th. Shareholders of record on Monday, May 14th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Friday, May 11th. Alliance Data’s dividend payout ratio is presently 12.47%.
In other Alliance Data news, insider Edward J. Heffernan sold 21,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $244.83, for a total transaction of $5,141,430.00. Following the completion of the transaction, the insider now owns 264,668 shares in the company, valued at approximately $64,798,666.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Melisa A. Miller sold 12,246 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $245.09, for a total value of $3,001,372.14. Following the transaction, the executive vice president now owns 42,654 shares of the company’s stock, valued at approximately $10,454,068.86. The disclosure for this sale can be found here. Company insiders own 2.60% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janus Henderson Group PLC boosted its holdings in shares of Alliance Data by 38.6% in the 3rd quarter. Janus Henderson Group PLC now owns 14,743 shares of the business services provider’s stock worth $3,266,000 after purchasing an additional 4,106 shares during the period. Atria Investments LLC purchased a new position in shares of Alliance Data in the 4th quarter worth approximately $419,000. USS Investment Management Ltd boosted its holdings in shares of Alliance Data by 24.3% in the 4th quarter. USS Investment Management Ltd now owns 678,796 shares of the business services provider’s stock worth $172,078,000 after purchasing an additional 132,796 shares during the period. Convergence Investment Partners LLC boosted its holdings in shares of Alliance Data by 9.0% in the 4th quarter. Convergence Investment Partners LLC now owns 17,480 shares of the business services provider’s stock worth $4,431,000 after purchasing an additional 1,438 shares during the period. Finally, National Pension Service boosted its holdings in shares of Alliance Data by 7.9% in the 4th quarter. National Pension Service now owns 61,677 shares of the business services provider’s stock worth $15,634,000 after purchasing an additional 4,505 shares during the period. Institutional investors and hedge funds own 94.65% of the company’s stock.
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Alliance Data Company Profile
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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