Alliance Data Systems Corp. (ADS) Set to Announce Earnings on Thursday
Alliance Data Systems Corp. (NYSE:ADS) is scheduled to issue its Q316 quarterly earnings data on Thursday, October 20th. Analysts expect the company to announce earnings of $4.44 per share and revenue of $1.78 billion for the quarter. Alliance Data Systems Corp. has set its Q3 guidance at $4.42 EPS and its FY16 guidance at $16.85 EPS.Parties interested in participating in the company’s conference call can do so using this link.
Alliance Data Systems Corp. (NYSE:ADS) last announced its quarterly earnings data on Thursday, July 21st. The company reported $3.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.59 by $0.09. The firm earned $1.75 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Alliance Data Systems Corp. had a net margin of 8.85% and a return on equity of 47.99%. The company’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the prior year, the company posted $3.32 earnings per share. On average, analysts expect Alliance Data Systems Corp. to post $16.88 EPS for the current fiscal year and $18.96 EPS for the next fiscal year.
Alliance Data Systems Corp. (NYSE:ADS) opened at 211.07 on Wednesday. The company’s 50 day moving average is $212.24 and its 200-day moving average is $210.78. The company has a market cap of $12.35 billion, a price-to-earnings ratio of 26.28 and a beta of 1.51. Alliance Data Systems Corp. has a 12 month low of $176.63 and a 12 month high of $303.75.
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Institutional investors have recently modified their holdings of the company. Credit Suisse AG boosted its position in shares of Alliance Data Systems Corp. by 1.6% in the second quarter. Credit Suisse AG now owns 114,269 shares of the company’s stock worth $22,388,000 after buying an additional 1,768 shares during the last quarter. Cipher Capital LP bought a new position in shares of Alliance Data Systems Corp. during the second quarter worth about $1,267,000. Franklin Resources Inc. boosted its position in shares of Alliance Data Systems Corp. by 66.9% in the second quarter. Franklin Resources Inc. now owns 213,413 shares of the company’s stock worth $41,812,000 after buying an additional 85,545 shares during the last quarter. Cleararc Capital Inc. boosted its position in shares of Alliance Data Systems Corp. by 0.7% in the second quarter. Cleararc Capital Inc. now owns 1,443 shares of the company’s stock worth $283,000 after buying an additional 10 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Alliance Data Systems Corp. by 75.4% in the second quarter. Janney Montgomery Scott LLC now owns 1,952 shares of the company’s stock worth $540,000 after buying an additional 839 shares during the last quarter. 91.39% of the stock is owned by institutional investors and hedge funds.
A number of research firms have recently issued reports on ADS. TheStreet lowered shares of Alliance Data Systems Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 21st. Jefferies Group upped their target price on shares of Alliance Data Systems Corp. from $240.00 to $265.00 and gave the stock a “buy” rating in a report on Monday, July 25th. Zacks Investment Research raised shares of Alliance Data Systems Corp. from a “hold” rating to a “buy” rating and set a $258.00 target price for the company in a report on Tuesday, July 26th. BMO Capital Markets lowered shares of Alliance Data Systems Corp. from an “outperform” rating to a “market perform” rating and set a $235.00 target price for the company. in a report on Friday, July 22nd. They noted that the move was a valuation call. Finally, Wedbush began coverage on shares of Alliance Data Systems Corp. in a research report on Thursday, September 8th. They set a “neutral” rating and a $225.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $268.43.
Alliance Data Systems Corp. 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.
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