Headlines about Alliance Data Systems (NYSE:ADS) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Alliance Data Systems earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.1102390988878 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of brokerages have recently issued reports on ADS. Buckingham Research began coverage on Alliance Data Systems in a research report on Wednesday, March 14th. They set a “neutral” rating and a $250.00 target price on the stock. Credit Suisse Group reaffirmed a “hold” rating and set a $218.00 target price on shares of Alliance Data Systems in a research report on Wednesday, March 14th. Zacks Investment Research lowered Alliance Data Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Edward Jones raised Alliance Data Systems from a “hold” rating to a “buy” rating in a research report on Monday, February 26th. Finally, Cowen lowered Alliance Data Systems from an “outperform” rating to a “market perform” rating in a research report on Monday, January 29th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. Alliance Data Systems presently has an average rating of “Hold” and an average price target of $275.05.
Shares of Alliance Data Systems (ADS) traded up $7.24 during midday trading on Monday, reaching $222.25. The company’s stock had a trading volume of 645,898 shares, compared to its average volume of 650,333. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 9.69. Alliance Data Systems has a 1 year low of $209.00 and a 1 year high of $278.33. The stock has a market capitalization of $11,924.74, a P/E ratio of 15.73, a P/E/G ratio of 0.77 and a beta of 1.69.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 20th. Shareholders of record on Wednesday, February 14th were paid a $0.57 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $2.28 dividend on an annualized basis and a yield of 1.03%. This is an increase from Alliance Data Systems’s previous quarterly dividend of $0.52. Alliance Data Systems’s payout ratio is 16.14%.
In other Alliance Data Systems news, insider Edward J. Heffernan sold 21,000 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $244.83, for a total value of $5,141,430.00. Following the transaction, the insider now owns 264,668 shares in the company, valued at $64,798,666.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Melisa A. Miller sold 12,246 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 42,654 shares in the company, valued at approximately $10,454,068.86. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.
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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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