Alliance Data Systems Co. (NYSE:ADS) updated its FY17 earnings guidance on Thursday. The company provided EPS guidance of approx $18.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $18.49. The company issued revenue guidance of approx $7.70 billion, compared to the consensus revenue estimate of $7.71 billion.
Several analysts have recently issued reports on the company. Oppenheimer Holdings Inc. assumed coverage on Alliance Data Systems in a research note on Tuesday. They issued a sell rating and a $185.00 price objective on the stock. Barclays PLC increased their price objective on Alliance Data Systems from $255.00 to $285.00 and gave the company an overweight rating in a research note on Friday, April 21st. Jefferies Group LLC restated a buy rating and issued a $270.00 price target on shares of Alliance Data Systems in a research note on Tuesday, May 2nd. Cowen and Company restated an outperform rating and issued a $255.00 price target on shares of Alliance Data Systems in a research note on Wednesday, April 19th. Finally, Deutsche Bank AG set a $278.00 price target on Alliance Data Systems and gave the company a buy rating in a research note on Monday, May 1st. Five equities research analysts have rated the stock with a sell rating, five have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $239.42.
Alliance Data Systems Co. (NYSE:ADS) opened at 235.17 on Friday. The company’s 50 day moving average price is $249.71 and its 200-day moving average price is $235.87. The stock has a market cap of $13.09 billion, a price-to-earnings ratio of 31.21 and a beta of 1.65. Alliance Data Systems Co. has a 12-month low of $185.02 and a 12-month high of $266.25.
Alliance Data Systems (NYSE:ADS) last announced its earnings results on Thursday, April 20th. The business services provider reported $3.91 EPS for the quarter, topping the consensus estimate of $3.64 by $0.27. The business had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.81 billion. Alliance Data Systems had a return on equity of 54.59% and a net margin of 7.23%. Alliance Data Systems’s revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.84 EPS. On average, analysts forecast that Alliance Data Systems Co. will post $18.56 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 19th. Shareholders of record on Monday, May 15th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 11th. Alliance Data Systems’s dividend payout ratio is 28.42%.
In other Alliance Data Systems news, SVP Laura Santillan sold 2,784 shares of the company’s stock in a transaction on Monday, February 27th. The stock was sold at an average price of $246.43, for a total transaction of $686,061.12. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Bryan A. Pearson sold 3,450 shares of the company’s stock in a transaction on Monday, February 27th. The stock was sold at an average price of $247.32, for a total value of $853,254.00. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by corporate insiders.
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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