Alliance Data Systems (NYSE:ADS)‘s stock had its “hold” rating restated by research analysts at Oppenheimer in a report issued on Thursday. Oppenheimer also issued estimates for Alliance Data Systems’ Q2 2018 earnings at $4.65 EPS, Q3 2018 earnings at $6.61 EPS, Q4 2018 earnings at $6.18 EPS and FY2018 earnings at $21.53 EPS.
Several other equities research analysts have also recently issued reports on ADS. ValuEngine raised Alliance Data Systems from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 12th. JPMorgan Chase & Co. reissued a “hold” rating on shares of Alliance Data Systems in a research note on Wednesday. Wolfe Research began coverage on Alliance Data Systems in a research note on Tuesday. They set an “outperform” rating for the company. Robert W. Baird reissued a “hold” rating and set a $235.00 target price on shares of Alliance Data Systems in a research note on Friday, April 20th. Finally, Credit Suisse Group cut their target price on Alliance Data Systems from $218.00 to $206.00 and set an “underperform” rating for the company in a research note on Friday, April 13th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $264.25.
Get Alliance Data Systems alerts:Shares of Alliance Data Systems stock opened at $233.08 on Thursday. Alliance Data Systems has a one year low of $192.02 and a one year high of $278.33. The company has a market cap of $12.53 billion, a P/E ratio of 12.75, a P/E/G ratio of 0.81 and a beta of 1.78. The company has a current ratio of 2.14, a quick ratio of 2.11 and a debt-to-equity ratio of 7.86.
Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings data on Thursday, July 19th. The business services provider reported $5.01 EPS for the quarter, topping the Zacks’ consensus estimate of $4.64 by $0.37. Alliance Data Systems had a return on equity of 61.30% and a net margin of 10.44%. The firm had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the business posted $3.84 earnings per share. The firm’s revenue was up 8.1% compared to the same quarter last year. research analysts predict that Alliance Data Systems will post 21.45 earnings per share for the current year.
In other news, Director Holdings L.P. Valueact acquired 125,000 shares of the company’s stock in a transaction dated Tuesday, May 8th. The stock was acquired at an average cost of $201.27 per share, with a total value of $25,158,750.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Valueact Capital Master Fund, acquired 2,646 shares of the company’s stock in a transaction dated Tuesday, May 15th. The stock was purchased at an average cost of $205.00 per share, with a total value of $542,430.00. The disclosure for this purchase can be found here. Insiders bought 330,246 shares of company stock valued at $66,585,860 over the last ninety days. Insiders own 2.60% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in Alliance Data Systems by 188.6% in the first quarter. JPMorgan Chase & Co. now owns 969,957 shares of the business services provider’s stock valued at $206,465,000 after purchasing an additional 633,865 shares during the period. Boston Partners boosted its holdings in Alliance Data Systems by 92.5% in the first quarter. Boston Partners now owns 974,709 shares of the business services provider’s stock valued at $207,477,000 after purchasing an additional 468,310 shares during the period. Millennium Management LLC boosted its holdings in Alliance Data Systems by 9,617.9% in the first quarter. Millennium Management LLC now owns 399,016 shares of the business services provider’s stock valued at $84,935,000 after purchasing an additional 394,910 shares during the period. Check Capital Management Inc. CA purchased a new position in Alliance Data Systems in the first quarter valued at $52,661,000. Finally, Bank of Montreal Can boosted its holdings in Alliance Data Systems by 33.3% in the second quarter. Bank of Montreal Can now owns 768,119 shares of the business services provider’s stock valued at $179,126,000 after purchasing an additional 192,056 shares during the period. 93.87% of the stock is owned by institutional investors and hedge funds.
Alliance Data Systems Company Profile
Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. 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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