FY2017 EPS Estimates for Alliance Data Systems Co. Decreased by Oppenheimer (ADS)
Alliance Data Systems Co. (NYSE:ADS) – Analysts at Oppenheimer lowered their FY2017 earnings per share estimates for Alliance Data Systems in a research report issued to clients and investors on Tuesday. Oppenheimer analyst B. Chittenden now expects that the business services provider will post earnings per share of $16.94 for the year, down from their previous estimate of $17.11. Oppenheimer currently has a “Sell” rating and a $208.00 price objective on the stock. Oppenheimer also issued estimates for Alliance Data Systems’ FY2018 earnings at $21.21 EPS.
Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, topping the consensus estimate of $4.80 by $0.55. The company had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.97 billion. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $4.74 earnings per share.
Alliance Data Systems (ADS) opened at $264.05 on Friday. The company has a debt-to-equity ratio of 9.53, a quick ratio of 2.09 and a current ratio of 2.11. Alliance Data Systems has a 52 week low of $209.00 and a 52 week high of $266.25. The company has a market capitalization of $14,368.52, a price-to-earnings ratio of 28.00, a price-to-earnings-growth ratio of 0.96 and a beta of 1.79.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Tuesday, November 14th were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.79%. The ex-dividend date was Monday, November 13th. Alliance Data Systems’s payout ratio is currently 22.06%.
In other news, CFO Charles L. Horn sold 2,128 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total value of $500,080.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.60% of the stock is currently owned by company insiders.
Institutional investors have recently bought and sold shares of the business. Fiduciary Trust Co. acquired a new stake in Alliance Data Systems in the second quarter valued at $108,000. ETF Managers Group LLC acquired a new stake in Alliance Data Systems in the second quarter valued at $128,000. WFG Advisors LP raised its stake in Alliance Data Systems by 135.9% in the second quarter. WFG Advisors LP now owns 677 shares of the business services provider’s stock valued at $174,000 after buying an additional 390 shares in the last quarter. Commonwealth Bank of Australia raised its stake in Alliance Data Systems by 66.6% in the second quarter. Commonwealth Bank of Australia now owns 728 shares of the business services provider’s stock valued at $185,000 after buying an additional 291 shares in the last quarter. Finally, Simonbaker & Partners LLC acquired a new stake in Alliance Data Systems in the second quarter valued at $202,000. Institutional investors own 94.57% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “FY2017 EPS Estimates for Alliance Data Systems Co. Decreased by Oppenheimer (ADS)” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this piece can be viewed at https://www.americanbankingnews.com/2018/01/05/fy2017-eps-estimates-for-alliance-data-systems-co-decreased-by-oppenheimer-ads.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.
Receive News & Ratings for Alliance Data Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Data Systems and related companies with MarketBeat.com's FREE daily email newsletter.