Alliance Data Systems (NYSE:ADS) Coverage Initiated by Analysts at Evercore ISI


Share on StockTwits

Stock analysts at Evercore ISI initiated coverage on shares of Alliance Data Systems (NYSE:ADS) in a note issued to investors on Thursday, Analyst Ratings Network reports. The brokerage set an “in-line” rating and a $116.00 price target on the business services provider’s stock. Evercore ISI’s price objective indicates a potential upside of 9.14% from the stock’s current price.

ADS has been the subject of several other reports. Zacks Investment Research raised shares of Alliance Data Systems from a “sell” rating to a “hold” rating and set a $121.00 target price for the company in a report on Tuesday, March 16th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Alliance Data Systems from $66.00 to $84.00 and gave the stock a “hold” rating in a report on Wednesday, January 6th. The Goldman Sachs Group cut shares of Alliance Data Systems from a “buy” rating to a “neutral” rating and set a $77.00 price objective for the company. in a report on Thursday, January 7th. Oppenheimer boosted their price objective on shares of Alliance Data Systems from $85.00 to $130.00 and gave the company an “outperform” rating in a report on Wednesday, March 24th. Finally, Royal Bank of Canada boosted their price objective on shares of Alliance Data Systems from $93.00 to $114.00 and gave the company an “outperform” rating in a report on Monday, March 22nd. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $144.69.

NYSE:ADS traded down $5.41 during mid-day trading on Thursday, hitting $106.29. 30,424 shares of the company’s stock were exchanged, compared to its average volume of 983,366. Alliance Data Systems has a one year low of $32.51 and a one year high of $121.28. The company has a debt-to-equity ratio of 6.31, a current ratio of 1.74 and a quick ratio of 1.72. The business has a fifty day moving average price of $107.50 and a 200 day moving average price of $76.97. The company has a market cap of $5.28 billion, a PE ratio of 16.03, a P/E/G ratio of 1.93 and a beta of 2.58.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Wednesday, January 27th. The business services provider reported $3.31 EPS for the quarter, topping the consensus estimate of $2.41 by $0.90. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.13 billion. Alliance Data Systems had a net margin of 6.82% and a return on equity of 36.63%. Alliance Data Systems’s quarterly revenue was down 24.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.12 earnings per share. On average, equities analysts forecast that Alliance Data Systems will post 8.4 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the company. Institutional & Family Asset Management LLC bought a new stake in shares of Alliance Data Systems in the 4th quarter valued at about $37,000. Regent Peak Wealth Advisors LLC bought a new stake in shares of Alliance Data Systems in the 4th quarter valued at about $63,000. Greenleaf Trust bought a new stake in shares of Alliance Data Systems in the 4th quarter valued at about $215,000. Burney Co. purchased a new position in shares of Alliance Data Systems in the 4th quarter valued at approximately $224,000. Finally, Sterneck Capital Management LLC purchased a new position in shares of Alliance Data Systems in the 4th quarter valued at approximately $241,000. Institutional investors and hedge funds own 79.38% of the company’s stock.

Alliance Data Systems Company Profile

Alliance Data Systems Corporation provides data-driven marketing, loyalty, and payment solutions in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, LoyaltyOne and Card Services. The LoyaltyOne segment offers AIR MILES reward program; short term loyalty program; and loyalty services, which include loyalty consulting, customer analytics, creative services, and mobile solutions.

Featured Article: Market Indexes

Analyst Recommendations for Alliance Data Systems (NYSE:ADS)

Receive News & Ratings for Alliance Data Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Data Systems and related companies with MarketBeat.com's FREE daily email newsletter.