Alliance Data Systems Corporation (NYSE:ADS)‘s stock had its “sell” rating reaffirmed by equities research analysts at Credit Suisse Group in a research report issued to clients and investors on Thursday. They presently have a $174.00 price objective on the business services provider’s stock. Credit Suisse Group’s target price points to a potential downside of 23.89% from the stock’s current price.

A number of other research analysts have also recently commented on ADS. Piper Jaffray Companies reissued a “buy” rating and issued a $302.00 target price on shares of Alliance Data Systems Corporation in a research note on Thursday, August 3rd. BidaskClub raised Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 23rd. Argus reissued a “buy” rating and issued a $290.00 target price (down previously from $309.00) on shares of Alliance Data Systems Corporation in a research note on Sunday, July 30th. Barclays PLC increased their target price on Alliance Data Systems Corporation from $255.00 to $285.00 and gave the company an “overweight” rating in a research note on Friday, April 21st. Finally, ValuEngine raised Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. Alliance Data Systems Corporation currently has a consensus rating of “Hold” and a consensus target price of $252.31.

Shares of Alliance Data Systems Corporation (ADS) opened at 228.62 on Thursday. 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 $12.68 billion, a price-to-earnings ratio of 26.07 and a beta of 1.76. The company’s 50-day moving average price is $245.87 and its 200-day moving average price is $244.89.

Alliance Data Systems Corporation (NYSE:ADS) last released its earnings results on Thursday, July 20th. The business services provider reported $3.84 EPS for the quarter, beating the Zacks’ consensus estimate 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 return on equity of 59.67% and a net margin of 6.77%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.68 earnings per share. Analysts anticipate that Alliance Data Systems Corporation will post $18.06 EPS for the current year.

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

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Several hedge funds have recently bought and sold shares of ADS. DUPONT CAPITAL MANAGEMENT Corp boosted its stake in Alliance Data Systems Corporation by 75.0% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 6,938 shares of the business services provider’s stock valued at $1,728,000 after buying an additional 2,973 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Alliance Data Systems Corporation by 38.4% in the first quarter. Russell Investments Group Ltd. now owns 290,139 shares of the business services provider’s stock valued at $72,244,000 after buying an additional 80,474 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Alliance Data Systems Corporation by 11.7% in the first quarter. Janney Montgomery Scott LLC now owns 3,936 shares of the business services provider’s stock valued at $980,000 after buying an additional 412 shares during the last quarter. Cardinal Capital Management boosted its stake in Alliance Data Systems Corporation by 1.4% in the first quarter. Cardinal Capital Management now owns 1,896 shares of the business services provider’s stock valued at $472,000 after buying an additional 26 shares during the last quarter. Finally, Court Place Advisors LLC boosted its stake in Alliance Data Systems Corporation by 2.9% in the first quarter. Court Place Advisors LLC now owns 10,348 shares of the business services provider’s stock valued at $2,577,000 after buying an additional 295 shares during the last quarter. 98.89% of the stock is currently owned by institutional investors.

Alliance Data Systems Corporation 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.

Analyst Recommendations for Alliance Data Systems Corporation (NYSE:ADS)

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