Alliance Data Systems Co. (ADS) Releases FY17 Earnings Guidance
Alliance Data Systems Co. (NYSE:ADS) updated its FY17 earnings guidance on Thursday. The company provided earnings per share guidance of approx $18.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $18.49. The company issued revenue guidance of approx $7.70 billion, compared to the consensus revenue estimate of $7.71 billion.
A number of research firms have issued reports on ADS. Cowen and Company reaffirmed an outperform rating and issued a $255.00 price target on shares of Alliance Data Systems in a report on Wednesday. BMO Capital Markets reaffirmed a hold rating and issued a $235.00 price target on shares of Alliance Data Systems in a report on Monday. CIBC reiterated an underperform rating on shares of Alliance Data Systems in a research note on Tuesday, April 11th. Zacks Investment Research lowered shares of Alliance Data Systems from a hold rating to a sell rating in a research report on Wednesday, December 21st. Finally, Oppenheimer Holdings Inc. initiated coverage on shares of Alliance Data Systems in a research report on Tuesday, April 11th. They set an underperform rating and a $185.00 price target on the stock. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $235.59.
Alliance Data Systems Co. (NYSE:ADS) opened at 240.64 on Thursday. The stock has a market capitalization of $13.46 billion, a P/E ratio of 32.78 and a beta of 1.65. Alliance Data Systems Co. has a 52 week low of $185.02 and a 52 week high of $254.94. The firm’s 50-day moving average is $244.96 and its 200-day moving average is $228.93.
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Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings results on Thursday, April 20th. The business services provider reported $3.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.86 by $0.05. Alliance Data Systems had a net margin of 7.23% and a return on equity of 54.59%. The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the firm posted $3.84 earnings per share. Alliance Data Systems’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities research analysts predict that Alliance Data Systems Co. will post $18.49 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 19th. Investors of record on Monday, May 15th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 0.86%. Alliance Data Systems’s payout ratio is 28.42%.
In related news, EVP Bryan A. Pearson sold 3,450 shares of the firm’s stock in a transaction that occurred on Monday, February 27th. The shares were sold at an average price of $247.32, for a total value of $853,254.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Valueact Capital Master Fund, purchased 57,400 shares of the business’s stock in a transaction that occurred on Thursday, January 26th. The stock was acquired at an average price of $218.56 per share, for a total transaction of $12,545,344.00. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 477,600 shares of company stock worth $108,498,272 and sold 6,882 shares worth $1,685,575. Company insiders own 2.50% of the company’s stock.
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About Alliance Data Systems
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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