Alliance Data Systems’ (ADS) “Buy” Rating Reaffirmed at Royal Bank of Canada

Royal Bank of Canada reiterated their buy rating on shares of Alliance Data Systems (NYSE:ADS) in a research report report published on Thursday. Royal Bank of Canada currently has a $293.00 price objective on the business services provider’s stock.

Other equities research analysts also recently issued reports about the stock. Barclays raised shares of Alliance Data Systems from an equal weight rating to an overweight rating and raised their target price for the company from $265.00 to $310.00 in a research note on Wednesday. Stephens set a $304.00 target price on shares of Alliance Data Systems and gave the company a buy rating in a research note on Tuesday. ValuEngine raised shares of Alliance Data Systems from a hold rating to a buy rating in a research note on Saturday, October 21st. BMO Capital Markets reaffirmed a hold rating and issued a $235.00 target price on shares of Alliance Data Systems in a research note on Wednesday, October 18th. Finally, SunTrust Banks reaffirmed a buy rating and issued a $310.00 target price on shares of Alliance Data Systems in a research note on Friday, October 20th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $267.31.

Shares of Alliance Data Systems (NYSE ADS) traded up $3.98 on Thursday, reaching $264.05. 363,100 shares of the company were exchanged, compared to its average volume of 548,400. The stock has a market capitalization of $14,368.52, a P/E ratio of 28.00, a P/E/G ratio of 0.96 and a beta of 1.79. The company has a debt-to-equity ratio of 9.53, a current ratio of 2.11 and a quick ratio of 2.09. Alliance Data Systems has a 1-year low of $209.00 and a 1-year high of $266.25.

Alliance Data Systems (NYSE:ADS) last announced its earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, beating analysts’ consensus estimates of $4.80 by $0.55. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. Alliance Data Systems had a net margin of 7.09% and a return on equity of 62.95%. Alliance Data Systems’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the firm posted $4.74 earnings per share. research analysts anticipate that Alliance Data Systems will post 17.12 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Monday, November 13th. Alliance Data Systems’s dividend payout ratio (DPR) is presently 22.06%.

In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of Alliance Data Systems stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 2.60% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Atlantic Trust Group LLC grew its holdings in shares of Alliance Data Systems by 53.6% in the third quarter. Atlantic Trust Group LLC now owns 572,862 shares of the business services provider’s stock worth $126,917,000 after purchasing an additional 199,877 shares during the last quarter. AXA grew its holdings in shares of Alliance Data Systems by 2.4% in the third quarter. AXA now owns 211,955 shares of the business services provider’s stock worth $46,959,000 after purchasing an additional 5,046 shares during the last quarter. IFM Investors Pty Ltd bought a new position in shares of Alliance Data Systems in the third quarter worth approximately $335,000. Yellowstone Partners LLC bought a new position in shares of Alliance Data Systems in the third quarter worth approximately $5,220,000. Finally, California Public Employees Retirement System grew its holdings in shares of Alliance Data Systems by 5.7% in the third quarter. California Public Employees Retirement System now owns 124,845 shares of the business services provider’s stock worth $27,659,000 after purchasing an additional 6,765 shares during the last quarter. 94.57% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Alliance Data Systems (NYSE:ADS)

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