Alliance Data Systems Corporation (ADS) Stock Rating Reaffirmed by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reaffirmed their buy rating on shares of Alliance Data Systems Corporation (NYSE:ADS) in a report published on Friday, October 6th. The firm currently has a $300.00 price objective on the business services provider’s stock.

A number of other brokerages have also recently commented on ADS. Zacks Investment Research cut shares of Alliance Data Systems Corporation from a buy rating to a hold rating in a research note on Friday, July 14th. Jefferies Group LLC reaffirmed a buy rating and set a $270.00 price objective on shares of Alliance Data Systems Corporation in a research note on Friday, July 14th. Argus began coverage on shares of Alliance Data Systems Corporation in a research note on Thursday, July 13th. They issued a buy rating and a $309.00 price target on the stock. BidaskClub raised shares of Alliance Data Systems Corporation from a hold rating to a buy rating in a research note on Friday, June 23rd. Finally, ValuEngine raised shares of Alliance Data Systems Corporation from a hold rating to a buy rating in a research note on Tuesday, June 20th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $252.33.

Alliance Data Systems Corporation (NYSE ADS) opened at 228.38 on Friday. The company has a market capitalization of $12.67 billion, a price-to-earnings ratio of 26.04 and a beta of 1.75. The firm has a 50 day moving average of $221.67 and a 200-day moving average of $239.38. Alliance Data Systems Corporation has a 52-week low of $197.69 and a 52-week high of $266.25.

Alliance Data Systems Corporation (NYSE:ADS) last issued its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.37. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.85 billion. Alliance Data Systems Corporation had a net margin of 6.77% and a return on equity of 59.67%. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the company earned $3.68 EPS. Equities analysts expect that Alliance Data Systems Corporation will post $18.07 EPS for the current year.

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Alliance Data Systems Corporation declared that its board has approved a stock repurchase program on Thursday, July 27th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the business services provider to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Tuesday, November 14th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 0.91%. Alliance Data Systems Corporation’s dividend payout ratio is presently 23.69%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. TimesSquare Capital Management LLC raised its holdings in shares of Alliance Data Systems Corporation by 2.9% during the 2nd quarter. TimesSquare Capital Management LLC now owns 676,889 shares of the business services provider’s stock worth $173,751,000 after acquiring an additional 18,922 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Alliance Data Systems Corporation by 0.8% during the 1st quarter. Principal Financial Group Inc. now owns 89,131 shares of the business services provider’s stock worth $22,194,000 after acquiring an additional 673 shares during the period. RMB Capital Management LLC raised its holdings in shares of Alliance Data Systems Corporation by 11.9% during the 1st quarter. RMB Capital Management LLC now owns 104,705 shares of the business services provider’s stock worth $26,071,000 after acquiring an additional 11,105 shares during the period. ValueAct Holdings L.P. raised its holdings in shares of Alliance Data Systems Corporation by 12.0% during the 1st quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock worth $1,463,473,000 after acquiring an additional 630,900 shares during the period. Finally, Artemis Investment Management LLP raised its holdings in shares of Alliance Data Systems Corporation by 164.5% during the 2nd quarter. Artemis Investment Management LLP now owns 26,365 shares of the business services provider’s stock worth $6,770,000 after acquiring an additional 16,396 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

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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