Alliance Data Systems (NYSE:ADS) was downgraded by research analysts at Cowen from an “outperform” rating to a “market perform” rating in a research report issued on Monday, Marketbeat.com reports.
Other equities analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Alliance Data Systems from a “hold” rating to a “buy” rating and set a $296.00 target price for the company in a research note on Friday, January 5th. Royal Bank of Canada reiterated a “buy” rating and issued a $293.00 target price on shares of Alliance Data Systems in a research note on Thursday, January 4th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $300.00 target price on shares of Alliance Data Systems in a research note on Friday, October 6th. Oppenheimer set a $208.00 target price on shares of Alliance Data Systems and gave the stock a “sell” rating in a research note on Thursday, October 19th. Finally, Barclays reiterated an “equal weight” rating and issued a $298.00 target price (up previously from $278.00) on shares of Alliance Data Systems in a research note on Monday, January 8th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the stock. Alliance Data Systems currently has an average rating of “Hold” and an average price target of $276.44.
Shares of Alliance Data Systems (NYSE ADS) traded down $5.34 during mid-day trading on Monday, reaching $256.51. 904,332 shares of the company’s stock traded hands, compared to its average volume of 679,428. The company has a market capitalization of $14,240.00, a price-to-earnings ratio of 18.15, a price-to-earnings-growth ratio of 0.98 and a beta of 1.79. The company has a current ratio of 1.91, a quick ratio of 2.09 and a debt-to-equity ratio of 8.02. Alliance Data Systems has a twelve month low of $209.00 and a twelve month high of $278.33.
Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 EPS for the quarter, topping the consensus estimate of $4.72 by $1.38. The business had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.15 billion. Alliance Data Systems had a net margin of 10.22% and a return on equity of 66.17%. The company’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.67 earnings per share. analysts expect that Alliance Data Systems will post 20.64 earnings per share for the current year.
In related news, CFO Charles L. Horn sold 2,128 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $235.00, for a total transaction of $500,080.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.60% of the stock is currently owned by insiders.
Large investors have recently modified their holdings of the stock. ETF Managers Group LLC purchased a new position in Alliance Data Systems during the second quarter valued at approximately $128,000. WFG Advisors LP grew its stake in Alliance Data Systems by 135.9% during the second quarter. WFG Advisors LP now owns 677 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 390 shares in the last quarter. FNY Managed Accounts LLC purchased a new position in Alliance Data Systems during the fourth quarter valued at approximately $190,000. Cubic Asset Management LLC purchased a new position in Alliance Data Systems during the fourth quarter valued at approximately $208,000. Finally, CAPROCK Group Inc. purchased a new position in Alliance Data Systems in the 4th quarter worth approximately $268,000. 94.87% of the stock is 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.