Q4 2017 EPS Estimates for Alliance Data Systems Co. Cut by Analyst (ADS)
Alliance Data Systems Co. (NYSE:ADS) – Equities researchers at Oppenheimer cut their Q4 2017 earnings estimates for Alliance Data Systems in a report issued on Tuesday. Oppenheimer analyst B. Chittenden now forecasts that the business services provider will earn $4.62 per share for the quarter, down from their previous estimate of $4.79. Oppenheimer currently has a “Sell” rating and a $208.00 target price on the stock. Oppenheimer also issued estimates for Alliance Data Systems’ Q1 2018 earnings at $4.86 EPS, Q2 2018 earnings at $4.86 EPS, Q3 2018 earnings at $5.41 EPS, Q4 2018 earnings at $6.11 EPS and FY2019 earnings at $22.66 EPS.
Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $4.80 by $0.55. The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.97 billion. Alliance Data Systems had a net margin of 7.09% and a return on equity of 62.95%. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the business posted $4.74 EPS.
Alliance Data Systems (ADS) opened at $260.07 on Thursday. Alliance Data Systems has a 52-week low of $209.00 and a 52-week high of $266.25. The firm has a market cap of $14,106.64, a P/E ratio of 27.58, a PEG ratio of 0.94 and a beta of 1.79. The company has a debt-to-equity ratio of 9.53, a quick ratio of 2.09 and a current ratio of 2.11.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Tuesday, November 14th were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend was Monday, November 13th. Alliance Data Systems’s dividend payout ratio (DPR) is currently 22.06%.
In other news, CFO Charles L. Horn sold 2,128 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 2.60% of the company’s stock.
Large investors have recently modified their holdings of the stock. Fiduciary Trust Co. purchased a new position in Alliance Data Systems in the 2nd quarter worth $108,000. ETF Managers Group LLC purchased a new position in Alliance Data Systems in the 2nd quarter worth $128,000. WFG Advisors LP raised its position in Alliance Data Systems by 135.9% in the 2nd quarter. WFG Advisors LP now owns 677 shares of the business services provider’s stock worth $174,000 after purchasing an additional 390 shares during the period. Commonwealth Bank of Australia raised its position in Alliance Data Systems by 66.6% in the 2nd quarter. Commonwealth Bank of Australia now owns 728 shares of the business services provider’s stock worth $185,000 after purchasing an additional 291 shares during the period. Finally, Simonbaker & Partners LLC bought a new stake in Alliance Data Systems in the 2nd quarter worth $202,000. Institutional investors own 94.57% 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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