Shares of Alliance Data Systems Corp. (NYSE:ADS) have been assigned a consensus rating of “Buy” from the twenty-five research firms that are currently covering the firm. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation, fourteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $268.87.
A number of equities analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Alliance Data Systems Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, September 21st. Wedbush assumed coverage on shares of Alliance Data Systems Corp. in a research report on Thursday, September 8th. They set a “neutral” rating and a $225.00 price target on the stock. Deutsche Bank AG reissued a “buy” rating and set a $246.00 price target on shares of Alliance Data Systems Corp. in a research report on Thursday, September 1st. Credit Suisse Group AG cut shares of Alliance Data Systems Corp. from a “neutral” rating to an “underperform” rating and lifted their price target for the stock from $233.00 to $290.00 in a research report on Wednesday, August 17th. Finally, Jefferies Group raised their price objective on shares of Alliance Data Systems Corp. from $240.00 to $265.00 and gave the stock a “buy” rating in a report on Monday, July 25th.
Shares of Alliance Data Systems Corp. (NYSE:ADS) opened at 214.53 on Wednesday. The firm’s 50-day moving average is $210.01 and its 200 day moving average is $210.90. The firm has a market capitalization of $12.56 billion, a P/E ratio of 26.71 and a beta of 1.51. Alliance Data Systems Corp. has a 52 week low of $176.63 and a 52 week high of $303.75.
Alliance Data Systems Corp. (NYSE:ADS) last announced its quarterly earnings results on Thursday, July 21st. The company reported $3.68 earnings per share for the quarter, topping analysts’ consensus estimates of $3.59 by $0.09. The company had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Alliance Data Systems Corp. had a net margin of 8.85% and a return on equity of 47.99%. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same period last year, the firm posted $3.32 earnings per share. Equities research analysts forecast that Alliance Data Systems Corp. will post $16.88 EPS for the current fiscal year.
Several hedge funds have recently made changes to their positions in the company. IFP Advisors Inc increased its stake in Alliance Data Systems Corp. by 1.3% in the first quarter. IFP Advisors Inc now owns 620 shares of the company’s stock worth $136,000 after buying an additional 8 shares in the last quarter. First Interstate Bank acquired a new stake in Alliance Data Systems Corp. during the second quarter worth about $129,000. Glenmede Trust Co. NA increased its stake in Alliance Data Systems Corp. by 198.4% in the second quarter. Glenmede Trust Co. NA now owns 755 shares of the company’s stock worth $146,000 after buying an additional 502 shares in the last quarter. CENTRAL TRUST Co increased its stake in Alliance Data Systems Corp. by 53.4% in the second quarter. CENTRAL TRUST Co now owns 873 shares of the company’s stock worth $171,000 after buying an additional 304 shares in the last quarter. Finally, Mizuho Asset Management Co. Ltd. increased its stake in Alliance Data Systems Corp. by 91.6% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 893 shares of the company’s stock worth $175,000 after buying an additional 427 shares in the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.
Alliance Data Systems Corp. 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.
Receive News & Ratings for Alliance Data Systems Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Data Systems Corp. and related companies with MarketBeat.com's FREE daily email newsletter.