Alliance Data Systems Corporation (NYSE:ADS)‘s stock had its “buy” rating reiterated by equities research analysts at Keefe, Bruyette & Woods in a research note issued to investors on Friday. They presently have a $300.00 target price on the business services provider’s stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 32.33% from the stock’s current price.

Several other research analysts also recently commented on ADS. ValuEngine upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 20th. BidaskClub upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Deutsche Bank AG restated a “buy” rating and set a $278.00 price objective on shares of Alliance Data Systems Corporation in a report on Monday, July 10th. Argus initiated coverage on Alliance Data Systems Corporation in a report on Thursday, July 13th. They set a “buy” rating and a $309.00 price objective on the stock. Finally, Zacks Investment Research downgraded Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 14th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. Alliance Data Systems Corporation currently has an average rating of “Hold” and a consensus price target of $252.33.

Alliance Data Systems Corporation (ADS) traded down 0.14% during midday trading on Friday, reaching $226.39. The company’s stock had a trading volume of 48,065 shares. The firm has a market capitalization of $12.56 billion, a P/E ratio of 25.81 and a beta of 1.75. The company’s 50-day moving average is $220.60 and its 200 day moving average is $240.56. 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 released its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 EPS for the quarter, topping the consensus estimate of $3.47 by $0.37. The company 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%. Alliance Data Systems Corporation’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the business posted $3.68 EPS. Analysts expect that Alliance Data Systems Corporation will post $18.06 earnings per share for the current fiscal year.

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

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Several institutional investors have recently bought and sold shares of the company. ValueAct Holdings L.P. boosted its position in shares of Alliance Data Systems Corporation by 12.0% in 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 purchasing an additional 630,900 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Alliance Data Systems Corporation by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 5,353,265 shares of the business services provider’s stock worth $1,374,130,000 after purchasing an additional 43,960 shares in the last quarter. BlackRock Inc. boosted its position in shares of Alliance Data Systems Corporation by 3,103.0% in the 1st quarter. BlackRock Inc. now owns 3,334,850 shares of the business services provider’s stock worth $830,376,000 after purchasing an additional 3,230,733 shares in the last quarter. Edgewood Management LLC boosted its position in shares of Alliance Data Systems Corporation by 4.2% in the 1st quarter. Edgewood Management LLC now owns 2,721,392 shares of the business services provider’s stock worth $677,627,000 after purchasing an additional 109,521 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Alliance Data Systems Corporation by 41.3% in the 2nd quarter. Northern Trust Corp now owns 1,308,680 shares of the business services provider’s stock worth $335,925,000 after purchasing an additional 382,814 shares in the last quarter. 96.04% of the stock is owned by hedge funds and other 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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