Alliance Data Systems Corporation (NYSE:ADS)‘s stock had its “buy” rating reissued by equities research analysts at Keefe, Bruyette & Woods in a report issued on Friday. They presently have a $300.00 target price on the business services provider’s stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 32.61% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Argus began 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. ValuEngine upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 20th. Piper Jaffray Companies reiterated a “buy” rating and issued a $302.00 price objective on shares of Alliance Data Systems Corporation in a report on Thursday, August 3rd. Barclays PLC downgraded Alliance Data Systems Corporation from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $285.00 to $265.00 in a report on Friday, July 21st. Finally, BidaskClub downgraded Alliance Data Systems Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company. Alliance Data Systems Corporation presently has a consensus rating of “Hold” and a consensus target price of $252.33.

Alliance Data Systems Corporation (NYSE:ADS) opened at 226.22 on Friday. The company has a 50 day moving average of $220.69 and a 200-day moving average of $240.43. Alliance Data Systems Corporation has a one year low of $197.69 and a one year high of $266.25. The stock has a market capitalization of $12.55 billion, a P/E ratio of 25.79 and a beta of 1.75.

Alliance Data Systems Corporation (NYSE:ADS) last issued its quarterly earnings results on Thursday, July 20th. The business services provider reported $3.84 earnings per share for the quarter, beating the consensus estimate of $3.47 by $0.37. Alliance Data Systems Corporation had a return on equity of 59.67% and a net margin of 6.77%. The firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same period last year, the company earned $3.68 earnings per share. The company’s revenue was up 4.2% on a year-over-year basis. Equities research analysts predict 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 of Directors has initiated a stock repurchase program on Thursday, July 27th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the business services provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

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Several hedge funds have recently bought and sold shares of ADS. Johnson Financial Group Inc. lifted its position in shares of Alliance Data Systems Corporation by 9.8% during the 1st 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 in the last quarter. Fiduciary Trust Co. purchased a new position in shares of Alliance Data Systems Corporation during the 2nd quarter valued at about $108,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of Alliance Data Systems Corporation by 5.6% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 488 shares of the business services provider’s stock valued at $125,000 after buying an additional 26 shares in the last quarter. ETF Managers Group LLC purchased a new position in shares of Alliance Data Systems Corporation during the 2nd quarter valued at about $128,000. Finally, FNY Partners Fund LP lifted its position in shares of Alliance Data Systems Corporation by 163.0% during the 1st 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 in the last quarter. 96.04% of the stock is currently owned by hedge funds and other institutional investors.

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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