Wall Street brokerages expect Alliance Data Systems Co. (NYSE:ADS) to announce $2.15 billion in sales for the current quarter, Zacks Investment Research reports. Nine analysts have made estimates for Alliance Data Systems’ earnings, with estimates ranging from $2.06 billion to $2.20 billion. Alliance Data Systems reported sales of $1.83 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 17.5%. The business is scheduled to report its next earnings results before the market opens on Thursday, January 25th.
On average, analysts expect that Alliance Data Systems will report full-year sales of $2.15 billion for the current financial year, with estimates ranging from $7.67 billion to $7.81 billion. For the next fiscal year, analysts expect that the firm will report sales of $8.61 billion per share, with estimates ranging from $8.53 billion to $8.67 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover Alliance Data Systems.
Alliance Data Systems (NYSE:ADS) last released its earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.80 by $0.55. The firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.74 EPS.
Several equities analysts have recently weighed in on ADS shares. Zacks Investment Research raised Alliance Data Systems from a “hold” rating to a “buy” rating and set a $296.00 target price on the stock in a research report on Friday, January 5th. Royal Bank of Canada reissued a “buy” rating and set a $293.00 target price on shares of Alliance Data Systems in a research report on Thursday, January 4th. Stephens set a $304.00 target price on Alliance Data Systems and gave the company a “buy” rating in a research report on Tuesday, January 2nd. ValuEngine raised Alliance Data Systems from a “hold” rating to a “buy” rating in a research report on Saturday, October 21st. Finally, SunTrust Banks reissued a “buy” rating and set a $310.00 target price on shares of Alliance Data Systems in a research report on Friday, October 20th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $266.76.
In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of the company’s stock in a transaction 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 filing with the SEC, which is available at the SEC website. Corporate insiders own 2.60% of the company’s stock.
A number of institutional investors have recently made changes to their positions in the business. Green Square Capital LLC grew its position in Alliance Data Systems by 0.3% in the 2nd quarter. Green Square Capital LLC now owns 3,054 shares of the business services provider’s stock valued at $784,000 after acquiring an additional 8 shares during the last quarter. Suntrust Banks Inc. grew its position in shares of Alliance Data Systems by 1.7% during the 2nd quarter. Suntrust Banks Inc. now owns 2,240 shares of the business services provider’s stock worth $574,000 after buying an additional 37 shares in the last quarter. Riverhead Capital Management LLC grew its position in shares of Alliance Data Systems by 3.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,376 shares of the business services provider’s stock worth $610,000 after buying an additional 87 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC grew its position in shares of Alliance Data Systems by 1.1% during the 2nd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 9,299 shares of the business services provider’s stock worth $2,387,000 after buying an additional 101 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of Alliance Data Systems by 1.2% during the 2nd quarter. D.A. Davidson & CO. now owns 8,770 shares of the business services provider’s stock worth $2,251,000 after buying an additional 102 shares in the last quarter. 94.57% of the stock is currently owned by institutional investors.
Alliance Data Systems (NYSE ADS) opened at $276.37 on Monday. The firm has a market capitalization of $15,270.00, a P/E ratio of 29.31, a PEG ratio of 0.99 and a beta of 1.79. The company has a current ratio of 2.11, a quick ratio of 2.09 and a debt-to-equity ratio of 9.53. Alliance Data Systems has a 12-month low of $209.00 and a 12-month high of $278.33.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend was Monday, November 13th. Alliance Data Systems’s dividend payout ratio (DPR) is presently 22.06%.
About Alliance Data Systems
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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