Alliance Data Systems (NYSE:ADS) had its price target hoisted by investment analysts at JMP Securities from $285.00 to $310.00 in a note issued to investors on Friday. The brokerage presently has a “market outperform” rating on the business services provider’s stock. JMP Securities’ price target points to a potential upside of 18.39% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the company. Edward Jones raised Alliance Data Systems from a “hold” rating to a “buy” rating in a research note on Friday. BMO Capital Markets cut their target price on Alliance Data Systems to $250.00 and set a “market perform” rating for the company in a research note on Friday. Zacks Investment Research raised Alliance Data Systems from a “hold” rating to a “buy” rating and set a $283.00 target price for the company in a research note on Friday. Oppenheimer raised their target price on Alliance Data Systems from $219.00 to $227.00 and gave the stock an “underperform” rating in a research note on Friday. Finally, Robert W. Baird reissued a “hold” rating and set a $270.00 target price on shares of Alliance Data Systems in a research note on Tuesday, January 9th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $276.44.
Shares of Alliance Data Systems (NYSE:ADS) traded up $9.00 during trading on Friday, reaching $261.85. The company had a trading volume of 877,706 shares, compared to its average volume of 625,787. Alliance Data Systems has a 52-week low of $209.00 and a 52-week high of $278.33. The stock has a market capitalization of $14,470.00, a P/E ratio of 27.77, a price-to-earnings-growth ratio of 0.97 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.
In other news, CFO Charles L. Horn sold 2,128 shares of Alliance Data Systems 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.60% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of ADS. ETF Managers Group LLC acquired a new stake in shares of Alliance Data Systems in the second quarter valued at $128,000. WFG Advisors LP grew its stake in shares of 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. FNY Managed Accounts LLC acquired a new stake in shares of Alliance Data Systems in the fourth quarter valued at $190,000. Cubic Asset Management LLC acquired a new stake in shares of Alliance Data Systems in the fourth quarter valued at $208,000. Finally, Commerzbank Aktiengesellschaft FI acquired a new stake in shares of Alliance Data Systems in the fourth quarter valued at $265,000. 94.77% of the stock is owned by institutional investors and hedge funds.
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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.
