Alliance Data Systems (NYSE:ADS)‘s stock had its “buy” rating reissued by equities researchers at Piper Jaffray Companies in a research report issued to clients and investors on Thursday. They currently have a $368.00 price target on the business services provider’s stock. Piper Jaffray Companies’ price objective indicates a potential upside of 43.78% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Credit Suisse Group reissued an “underperform” rating and set a $218.00 target price (up from $193.00) on shares of Alliance Data Systems in a research report on Wednesday. Zacks Investment Research downgraded Alliance Data Systems from a “buy” rating to a “hold” rating in a research report on Wednesday. Robert W. Baird reissued a “hold” rating and set a $270.00 target price on shares of Alliance Data Systems in a research report on Tuesday, January 9th. Stephens set a $304.00 target price on Alliance Data Systems and gave the stock a “buy” rating in a research report on Tuesday, January 2nd. Finally, Barclays raised Alliance Data Systems from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $265.00 to $310.00 in a research report on Wednesday, January 3rd. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $274.06.

Shares of Alliance Data Systems (NYSE:ADS) traded down $2.32 during trading hours on Thursday, hitting $255.94. The stock had a trading volume of 543,465 shares, compared to its average volume of 616,325. The firm has a market capitalization of $14,270.00, a P/E ratio of 27.14, a P/E/G ratio of 0.93 and a beta of 1.79. Alliance Data Systems has a 12 month low of $209.00 and a 12 month high of $278.33. The company has a current ratio of 2.11, a quick ratio of 2.09 and a debt-to-equity ratio of 9.53.

Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate 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 return on equity of 62.95% and a net margin of 7.09%. The firm’s revenue was up 1.4% compared to the same quarter last year. During the same period last year, the business posted $4.74 earnings per share. research analysts predict that Alliance Data Systems will post 17.08 EPS for the current fiscal year.

In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of Alliance Data Systems stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.60% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ADS. BlackRock Inc. raised its stake in shares of Alliance Data Systems by 3,103.0% in the first quarter. BlackRock Inc. now owns 3,334,850 shares of the business services provider’s stock valued at $830,376,000 after acquiring an additional 3,230,733 shares during the last quarter. ValueAct Holdings L.P. raised its stake in shares of Alliance Data Systems by 507.6% in the second quarter. ValueAct Holdings L.P. now owns 3,287,910 shares of the business services provider’s stock valued at $644,167,000 after acquiring an additional 2,746,795 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Alliance Data Systems by 137.6% in the fourth quarter. Alliancebernstein L.P. now owns 1,527,518 shares of the business services provider’s stock valued at $422,466,000 after acquiring an additional 884,709 shares during the last quarter. Bank of Montreal Can bought a new position in shares of Alliance Data Systems in the second quarter valued at approximately $130,349,000. Finally, Wellington Management Group LLP raised its stake in shares of Alliance Data Systems by 33.5% in the first quarter. Wellington Management Group LLP now owns 2,459,926 shares of the business services provider’s stock valued at $541,184,000 after acquiring an additional 616,829 shares during the last quarter. 94.59% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Alliance Data Systems (NYSE:ADS)

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