Alliance Data Systems Corporation (ADS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Alliance Data Systems Corporation (NYSE:ADS) have earned a consensus recommendation of “Hold” from the twenty-three analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $254.96.

A number of research analysts recently issued reports on ADS shares. Zacks Investment Research downgraded Alliance Data Systems Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th. TheStreet upgraded Alliance Data Systems Corporation from a “c” rating to a “b” rating in a research note on Thursday, April 20th. Deutsche Bank AG restated a “buy” rating and set a $278.00 price target on shares of Alliance Data Systems Corporation in a research note on Monday, July 10th. BMO Capital Markets restated a “hold” rating and set a $235.00 price target on shares of Alliance Data Systems Corporation in a research note on Monday, April 17th. Finally, Oppenheimer Holdings, Inc. set a $185.00 price target on Alliance Data Systems Corporation and gave the stock a “sell” rating in a research note on Thursday, April 20th.

Several hedge funds have recently bought and sold shares of the stock. ValueAct Holdings L.P. boosted its stake in Alliance Data Systems Corporation by 12.0% in the first quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock valued at $1,463,473,000 after buying an additional 630,900 shares in the last quarter. Vanguard Group Inc. boosted its stake in Alliance Data Systems Corporation by 0.8% in the second quarter. Vanguard Group Inc. now owns 5,353,265 shares of the business services provider’s stock valued at $1,374,130,000 after buying an additional 43,960 shares in the last quarter. BlackRock Inc. boosted its stake in Alliance Data Systems Corporation by 3,103.0% in the first quarter. BlackRock Inc. now owns 3,334,850 shares of the business services provider’s stock valued at $830,376,000 after buying an additional 3,230,733 shares in the last quarter. Wellington Management Group LLP boosted its stake in Alliance Data Systems Corporation by 2.8% in the first quarter. Wellington Management Group LLP now owns 3,183,364 shares of the business services provider’s stock valued at $792,658,000 after buying an additional 86,754 shares in the last quarter. Finally, Edgewood Management LLC boosted its stake in Alliance Data Systems Corporation by 4.2% in the first quarter. Edgewood Management LLC now owns 2,721,392 shares of the business services provider’s stock valued at $677,627,000 after buying an additional 109,521 shares in the last quarter. 98.78% of the stock is owned by institutional investors and hedge funds.

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Alliance Data Systems Corporation (NYSE ADS) traded up 0.40% during midday trading on Friday, hitting $223.10. The company had a trading volume of 494,488 shares. The firm has a 50-day moving average price of $249.92 and a 200-day moving average price of $244.76. Alliance Data Systems Corporation has a 12 month low of $193.67 and a 12 month high of $266.25. The company has a market cap of $12.38 billion, a price-to-earnings ratio of 25.44 and a beta of 1.76.

Alliance Data Systems Corporation (NYSE:ADS) last released its quarterly earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.47 by $0.37. The firm had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.85 billion. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.68 EPS. Equities analysts anticipate that Alliance Data Systems Corporation will post $18.06 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Monday, August 14th will be issued a $0.52 dividend. The ex-dividend date is Thursday, August 10th. This represents a $2.08 annualized dividend and a dividend yield of 0.94%. Alliance Data Systems Corporation’s dividend payout ratio is currently 23.69%.

Alliance Data Systems Corporation announced that its board has approved a stock repurchase plan on Thursday, July 27th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

About Alliance Data Systems Corporation

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 Corporation (NYSE:ADS)

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