Alliance Data Systems Corporation (NYSE:ADS) – Stock analysts at First Analysis issued their Q3 2018 EPS estimates for Alliance Data Systems Corporation in a note issued to investors on Monday. First Analysis analyst L. Berlin forecasts that the business services provider will earn $5.93 per share for the quarter.

Alliance Data Systems Corporation (NYSE:ADS) last issued its earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.80 by $0.55. The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.97 billion. Alliance Data Systems Corporation had a net margin of 7.09% and a return on equity of 62.95%. The firm’s revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $4.74 earnings per share.

ILLEGAL ACTIVITY WARNING: This news story was reported by American Banking News and is the property of of American Banking News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and international trademark and copyright laws. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/24/equities-analysts-set-expectations-for-alliance-data-systems-corporations-q3-2018-earnings-ads.html.

ADS has been the subject of a number of other research reports. Keefe, Bruyette & Woods restated a “buy” rating and set a $300.00 target price on shares of Alliance Data Systems Corporation in a research report on Friday, October 6th. Zacks Investment Research downgraded Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. KeyCorp restated a “hold” rating on shares of Alliance Data Systems Corporation in a research report on Friday, August 25th. Royal Bank Of Canada restated a “buy” rating and set a $280.00 target price on shares of Alliance Data Systems Corporation in a research report on Friday, July 28th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $302.00 target price on shares of Alliance Data Systems Corporation in a research report on Thursday, August 3rd. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $257.00.

Alliance Data Systems Corporation (NYSE:ADS) traded up 0.33% during mid-day trading on Tuesday, reaching $240.12. 180,301 shares of the company’s stock were exchanged. The company’s 50 day moving average price is $222.69 and its 200-day moving average price is $238.99. The company has a market capitalization of $13.32 billion, a P/E ratio of 27.38 and a beta of 1.76. Alliance Data Systems Corporation has a 52 week low of $197.69 and a 52 week high of $266.25.

Large investors have recently bought and sold shares of the business. TimesSquare Capital Management LLC grew its stake in Alliance Data Systems Corporation by 2.9% in the second quarter. TimesSquare Capital Management LLC now owns 676,889 shares of the business services provider’s stock valued at $173,751,000 after acquiring an additional 18,922 shares during the period. ValueAct Holdings L.P. grew its stake in Alliance Data Systems Corporation by 12.0% in the first quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock valued at $1,463,473,000 after acquiring an additional 630,900 shares during the period. Artemis Investment Management LLP grew its stake in Alliance Data Systems Corporation by 164.5% in the second quarter. Artemis Investment Management LLP now owns 26,365 shares of the business services provider’s stock valued at $6,770,000 after acquiring an additional 16,396 shares during the period. Prudential Financial Inc. grew its stake in Alliance Data Systems Corporation by 1.1% in the second quarter. Prudential Financial Inc. now owns 81,417 shares of the business services provider’s stock valued at $20,899,000 after acquiring an additional 875 shares during the period. Finally, Jane Street Group LLC acquired a new position in Alliance Data Systems Corporation in the first quarter valued at about $698,000. 96.20% of the stock is owned by hedge funds and other institutional investors.

Alliance Data Systems Corporation declared that its board has initiated a share repurchase plan on Thursday, July 27th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to purchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Monday, November 13th. This represents a $2.08 dividend on an annualized basis and a yield of 0.87%. Alliance Data Systems Corporation’s payout ratio is 22.06%.

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.

Earnings History and Estimates for Alliance Data Systems Corporation (NYSE:ADS)

Receive News & Ratings for Alliance Data Systems Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Data Systems Corporation and related companies with MarketBeat.com's FREE daily email newsletter.