Alliance Data Systems Corporation (NYSE:ADS)‘s stock had its “buy” rating restated by equities researchers at Keefe, Bruyette & Woods in a research note issued to investors on Thursday. They currently have a $300.00 target price on the business services provider’s stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 33.04% from the stock’s previous close.

A number of other equities research analysts also recently commented on ADS. Oppenheimer Holdings, Inc. initiated coverage on Alliance Data Systems Corporation in a research report on Tuesday, May 16th. They set a “sell” rating and a $185.00 price objective for the company. Compass Point upgraded Alliance Data Systems Corporation from a “sell” rating to a “neutral” rating and increased their price objective for the company from $190.00 to $200.00 in a research report on Thursday, May 25th. ValuEngine downgraded Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Wedbush reiterated a “neutral” rating and set a $252.00 price objective (up previously from $225.00) on shares of Alliance Data Systems Corporation in a research report on Tuesday, June 6th. Finally, Zacks Investment Research upgraded Alliance Data Systems Corporation from a “hold” rating to a “buy” rating and set a $288.00 price objective for the company in a research report on Tuesday, June 20th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $255.47.

Alliance Data Systems Corporation (NYSE ADS) traded up 0.18% during trading on Thursday, reaching $225.50. The company’s stock had a trading volume of 386,343 shares. The firm has a 50-day moving average price of $235.46 and a 200-day moving average price of $244.41. Alliance Data Systems Corporation has a 52 week low of $196.40 and a 52 week high of $266.25. The firm has a market capitalization of $12.51 billion, a P/E ratio of 25.71 and a beta of 1.76.

Alliance Data Systems Corporation (NYSE:ADS) last announced its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the prior year, the firm earned $3.68 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, equities analysts anticipate that Alliance Data Systems Corporation will post $18.06 EPS for the current fiscal year.

Alliance Data Systems Corporation declared that its board has authorized a share buyback program on Thursday, July 27th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

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Institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in Alliance Data Systems Corporation by 3,103.0% in the first quarter. BlackRock Inc. now owns 3,334,850 shares of the business services provider’s stock worth $830,376,000 after buying an additional 3,230,733 shares during the period. ValueAct Holdings L.P. increased its position in Alliance Data Systems Corporation by 12.0% in the first quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock worth $1,463,473,000 after buying an additional 630,900 shares during the period. Thrivent Financial For Lutherans increased its position in Alliance Data Systems Corporation by 117.2% in the first quarter. Thrivent Financial For Lutherans now owns 1,108,415 shares of the business services provider’s stock worth $275,995,000 after buying an additional 598,200 shares during the period. Morgan Stanley increased its position in Alliance Data Systems Corporation by 173.0% in the first quarter. Morgan Stanley now owns 688,894 shares of the business services provider’s stock worth $171,534,000 after buying an additional 436,590 shares during the period. Finally, USS Investment Management Ltd increased its position in Alliance Data Systems Corporation by 321.7% in the second quarter. USS Investment Management Ltd now owns 506,000 shares of the business services provider’s stock worth $129,926,000 after buying an additional 386,000 shares during the period. 96.09% of the stock is currently owned by institutional investors and hedge funds.

About Alliance Data Systems Corporation

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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