Equities research analysts forecast that Alliance Data Systems Co. (NYSE:ADS) will post $2.14 billion in sales for the current fiscal quarter, Zacks reports. Ten analysts have issued estimates for Alliance Data Systems’ earnings, with estimates ranging from $2.05 billion to $2.20 billion. Alliance Data Systems reported sales of $1.83 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 16.9%. The firm is expected to report its next quarterly earnings report on Thursday, January 25th.

According to Zacks, analysts expect that Alliance Data Systems will report full-year sales of $2.14 billion for the current financial year, with estimates ranging from $7.67 billion to $7.81 billion. For the next financial year, analysts expect that the company will report sales of $8.61 billion per share, with estimates ranging from $8.53 billion to $8.67 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Alliance Data Systems.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.80 by $0.55. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. Alliance Data Systems 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 firm posted $4.74 earnings per share.

ADS has been the topic of several analyst reports. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $300.00 price target on shares of Alliance Data Systems in a report on Friday, October 6th. KeyCorp reaffirmed a “hold” rating on shares of Alliance Data Systems in a report on Friday, August 25th. BMO Capital Markets reaffirmed a “hold” rating and set a $235.00 price target on shares of Alliance Data Systems in a report on Wednesday, November 22nd. Oppenheimer set a $191.00 price target on shares of Alliance Data Systems and gave the company a “sell” rating in a report on Thursday, August 24th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $310.00 price target on shares of Alliance Data Systems in a report on Friday, October 20th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $258.50.

In other news, CFO Charles L. Horn sold 2,128 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $235.00, for a total value of $500,080.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.60% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in ADS. USS Investment Management Ltd increased its position in Alliance Data Systems by 321.7% in the second quarter. USS Investment Management Ltd now owns 506,000 shares of the business services provider’s stock worth $129,926,000 after purchasing an additional 386,000 shares during the last quarter. Northern Trust Corp increased its position in Alliance Data Systems by 41.3% in the second 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 during the last quarter. Turtle Creek Asset Management Inc. increased its position in Alliance Data Systems by 3,379.9% in the third quarter. Turtle Creek Asset Management Inc. now owns 259,250 shares of the business services provider’s stock worth $57,437,000 after purchasing an additional 251,800 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in Alliance Data Systems by 1,939.2% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 230,506 shares of the business services provider’s stock worth $45,161,000 after purchasing an additional 219,202 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its position in Alliance Data Systems by 67.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 304,511 shares of the business services provider’s stock worth $67,748,000 after purchasing an additional 122,900 shares during the last quarter. 95.35% of the stock is currently owned by hedge funds and other institutional investors.

Alliance Data Systems (NYSE:ADS) opened at $234.28 on Tuesday. The company has a quick ratio of 2.09, a current ratio of 2.11 and a debt-to-equity ratio of 9.53. The stock has a market cap of $12,940.00, a P/E ratio of 13.85, a P/E/G ratio of 1.01 and a beta of 1.79. Alliance Data Systems has a 1-year low of $209.00 and a 1-year high of $266.25.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Tuesday, November 14th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Monday, November 13th. Alliance Data Systems’s dividend payout ratio (DPR) is presently 22.06%.

WARNING: This story was first reported by American Banking News and is the sole property of of American Banking News. If you are reading this story on another domain, it was stolen and reposted in violation of United States & international copyright law. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/12/12/2-14-billion-in-sales-expected-for-alliance-data-systems-co-ads-this-quarter.html.

Alliance Data Systems 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.

Get a free copy of the Zacks research report on Alliance Data Systems (ADS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

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