Alliance Data Systems (NYSE:ADS)‘s stock had its “buy” rating reaffirmed by Piper Jaffray Companies in a report issued on Thursday. They currently have a $368.00 price objective on the business services provider’s stock. Piper Jaffray Companies’ price target would suggest a potential upside of 43.78% from the company’s previous close.
Several other equities research analysts have also issued reports on ADS. Zacks Investment Research lowered Alliance Data Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Barclays reissued an “equal weight” rating and issued a $298.00 price objective (up previously from $278.00) on shares of Alliance Data Systems in a report on Monday, January 8th. Credit Suisse Group reissued an “underperform” rating and issued a $218.00 price objective (up previously from $193.00) on shares of Alliance Data Systems in a report on Wednesday. Robert W. Baird reissued a “hold” rating and issued a $270.00 price objective on shares of Alliance Data Systems in a report on Tuesday, January 9th. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $293.00 price objective on shares of Alliance Data Systems in a report on Thursday, January 4th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company. Alliance Data Systems has an average rating of “Hold” and a consensus target price of $274.06.
Shares of Alliance Data Systems (NYSE:ADS) traded down $2.32 during trading on Thursday, hitting $255.94. The stock had a trading volume of 543,465 shares, compared to its average volume of 616,325. Alliance Data Systems has a 1 year low of $209.00 and a 1 year high of $278.33. The stock has a market cap of $14,270.00, a price-to-earnings ratio of 27.14, a PEG ratio of 0.93 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 (NYSE:ADS) last announced its earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.80 by $0.55. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same period last year, the firm posted $4.74 EPS. The business’s revenue was up 1.4% compared to the same quarter last year. equities analysts forecast that Alliance Data Systems will post 17.08 EPS for the current fiscal year.
In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of Alliance Data Systems stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.60% of the stock is owned by insiders.
A number of hedge funds have recently bought and sold shares of the business. Green Square Capital LLC grew its holdings in Alliance Data Systems by 0.3% during the 2nd quarter. Green Square Capital LLC now owns 3,054 shares of the business services provider’s stock valued at $784,000 after buying an additional 8 shares in the last quarter. Suntrust Banks Inc. grew its holdings in 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 valued at $574,000 after buying an additional 37 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC grew its holdings in 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 valued at $2,387,000 after buying an additional 101 shares in the last quarter. D.A. Davidson & CO. grew its holdings in 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 valued at $2,251,000 after buying an additional 102 shares in the last quarter. Finally, Flinton Capital Management LLC grew its holdings in Alliance Data Systems by 6.0% during the 2nd quarter. Flinton Capital Management LLC now owns 2,492 shares of the business services provider’s stock valued at $640,000 after buying an additional 140 shares in the last quarter. 94.59% of the stock is 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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