Alliance Data Systems (ADS) Stock Rating Reaffirmed by Piper Jaffray

Alliance Data Systems (NYSE:ADS)‘s stock had its “buy” rating reiterated by analysts at Piper Jaffray in a research report issued to clients and investors on Friday. They presently have a $313.00 price objective on the business services provider’s stock. Piper Jaffray’s price objective indicates a potential upside of 52.13% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Zacks Investment Research upgraded shares of Alliance Data Systems from a “hold” rating to a “buy” rating and set a $310.00 price objective for the company in a research note on Tuesday, January 16th. Credit Suisse Group reiterated an “underperform” rating and issued a $218.00 price objective (up previously from $193.00) on shares of Alliance Data Systems in a research note on Wednesday, January 17th. Cowen cut shares of Alliance Data Systems from an “outperform” rating to a “market perform” rating in a research note on Monday, January 29th. Buckingham Research started coverage on shares of Alliance Data Systems in a research note on Wednesday, March 14th. They issued a “neutral” rating and a $250.00 price objective for the company. Finally, Stephens set a $304.00 target price on shares of Alliance Data Systems and gave the stock a “buy” rating in a research report on Tuesday, January 2nd. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $269.35.

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Shares of NYSE ADS opened at $205.75 on Friday. 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 52 week low of $203.66 and a 52 week high of $278.33. The stock has a market capitalization of $11,642.99, a P/E ratio of 11.26, a P/E/G ratio of 0.77 and a beta of 1.76.

Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $4.72 by $1.38. Alliance Data Systems had a net margin of 10.22% and a return on equity of 66.17%. The firm had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter last year, the business earned $4.67 earnings per share. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. research analysts anticipate that Alliance Data Systems will post 21.46 EPS for the current fiscal year.

In other news, EVP Melisa A. Miller sold 12,246 shares of Alliance Data Systems stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $245.09, for a total transaction of $3,001,372.14. Following the completion of the sale, the executive vice president now directly owns 42,654 shares in the company, valued at $10,454,068.86. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Edward J. Heffernan sold 21,000 shares of Alliance Data Systems stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $244.83, for a total transaction of $5,141,430.00. Following the sale, the insider now owns 264,668 shares of the company’s stock, valued at $64,798,666.44. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of ADS. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Alliance Data Systems by 516.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 493 shares of the business services provider’s stock worth $125,000 after buying an additional 413 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of Alliance Data Systems during the fourth quarter worth about $152,000. FNY Managed Accounts LLC purchased a new stake in shares of Alliance Data Systems during the fourth quarter worth about $190,000. Cubic Asset Management LLC purchased a new stake in Alliance Data Systems in the fourth quarter valued at approximately $208,000. Finally, Groesbeck Investment Management Corp NJ purchased a new stake in Alliance Data Systems in the fourth quarter valued at approximately $208,000. Institutional investors and hedge funds own 94.61% of the company’s stock.

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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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