Alliance Data Systems Corporation (NYSE:ADS)‘s stock had its “fair value” rating reiterated by equities researchers at Credit Suisse Group in a report issued on Thursday. They presently have a $232.44 price target on the business services provider’s stock, up from their prior price target of $174.00.

A number of other brokerages also recently issued reports on ADS. Zacks Investment Research downgraded Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 14th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $270.00 price target on shares of Alliance Data Systems Corporation in a report on Friday, July 14th. Barclays PLC upped their price target on Alliance Data Systems Corporation from $255.00 to $285.00 and gave the company an “overweight” rating in a report on Friday, April 21st. Oppenheimer Holdings, Inc. set a $185.00 price target on Alliance Data Systems Corporation and gave the company a “sell” rating in a report on Thursday, April 20th. Finally, Argus initiated coverage on Alliance Data Systems Corporation in a report on Thursday, July 13th. They issued a “buy” rating and a $309.00 price objective for the company. Two analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the stock. Alliance Data Systems Corporation currently has an average rating of “Hold” and a consensus price target of $255.97.

Shares of Alliance Data Systems Corporation (ADS) traded down 3.038% on Thursday, reaching $224.875. 268,439 shares of the company’s stock traded hands. Alliance Data Systems Corporation has a 52 week low of $193.67 and a 52 week high of $266.25. The firm has a market capitalization of $12.48 billion, a P/E ratio of 25.641 and a beta of 1.76. The firm’s 50 day moving average is $250.97 and its 200 day moving average is $244.92.

Alliance Data Systems Corporation (NYSE:ADS) last announced its quarterly earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.47 by $0.37. The firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.85 billion. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.68 earnings per share. Analysts expect that Alliance Data Systems Corporation will post $18.06 earnings per share for the current fiscal year.

Alliance Data Systems Corporation declared that its board has initiated a stock buyback program on Thursday, July 27th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Johnson Financial Group Inc. raised its stake in Alliance Data Systems Corporation by 9.8% in the first quarter. Johnson Financial Group Inc. now owns 426 shares of the business services provider’s stock valued at $106,000 after buying an additional 38 shares during the period. Fiduciary Trust Co. purchased a new stake in Alliance Data Systems Corporation during the second quarter valued at $108,000. Benjamin F. Edwards & Company Inc. raised its stake in Alliance Data Systems Corporation by 68.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 462 shares of the business services provider’s stock valued at $115,000 after buying an additional 188 shares during the period. Quadrant Capital Group LLC raised its stake in Alliance Data Systems Corporation by 0.8% in the first quarter. Quadrant Capital Group LLC now owns 482 shares of the business services provider’s stock valued at $116,000 after buying an additional 4 shares during the period. Finally, FNY Partners Fund LP raised its stake in Alliance Data Systems Corporation by 163.0% in the first quarter. FNY Partners Fund LP now owns 526 shares of the business services provider’s stock valued at $130,000 after buying an additional 326 shares during the period. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Alliance Data Systems Corporation 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 Corporation (NYSE:ADS)

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