Zacks: Analysts Anticipate Alliance Data Systems Co. (ADS) Will Announce Quarterly Sales of $2.15 Billion
Equities research analysts expect Alliance Data Systems Co. (NYSE:ADS) to announce sales of $2.15 billion for the current fiscal quarter, Zacks reports. Nine analysts have provided estimates for Alliance Data Systems’ earnings, with estimates ranging from $2.06 billion to $2.20 billion. Alliance Data Systems reported sales of $1.83 billion during the same quarter last year, which indicates a positive year over year growth rate of 17.5%. The firm is expected to report its next quarterly earnings results before the market opens on Thursday, January 25th.
According to Zacks, analysts expect that Alliance Data Systems will report full-year sales of $2.15 billion for the current financial year, with estimates ranging from $7.67 billion to $7.81 billion. For the next year, analysts expect that the business will post sales of $8.61 billion per share, with estimates ranging from $8.53 billion to $8.67 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Alliance Data Systems.
Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings results on Thursday, October 19th. The business services provider reported $5.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.80 by $0.55. The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.97 billion. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. Alliance Data Systems’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.74 EPS.
Several equities research analysts recently commented on the company. Royal Bank of Canada reiterated a “buy” rating and issued a $293.00 price objective on shares of Alliance Data Systems in a report on Thursday, January 4th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $300.00 price objective on shares of Alliance Data Systems in a report on Friday, October 6th. Barclays upgraded Alliance Data Systems from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $265.00 to $310.00 in a report on Wednesday, January 3rd. BMO Capital Markets reiterated a “hold” rating and issued a $235.00 price objective on shares of Alliance Data Systems in a report on Wednesday, November 22nd. Finally, Stephens set a $304.00 price objective on Alliance Data Systems and gave the stock a “buy” rating in a report on Tuesday, January 2nd. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $266.76.
Shares of Alliance Data Systems (ADS) opened at $276.37 on Monday. Alliance Data Systems has a twelve month low of $209.00 and a twelve month high of $278.33. The company has a market capitalization of $15,270.00, a PE ratio of 29.31, a P/E/G ratio of 0.99 and a beta of 1.79. The company has a debt-to-equity ratio of 9.53, a current ratio of 2.11 and a quick ratio of 2.09.
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 14th were paid a dividend of $0.52 per share. The ex-dividend date was Monday, November 13th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.75%. Alliance Data Systems’s dividend payout ratio is currently 22.06%.
In other Alliance Data Systems news, CFO Charles L. Horn sold 2,128 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $235.00, for a total transaction of $500,080.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.60% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in the business. Atlantic Trust Group LLC grew its stake in shares of Alliance Data Systems by 53.6% during the 3rd quarter. Atlantic Trust Group LLC now owns 572,862 shares of the business services provider’s stock valued at $126,917,000 after purchasing an additional 199,877 shares during the period. AXA grew its stake in shares of Alliance Data Systems by 2.4% during the 3rd quarter. AXA now owns 211,955 shares of the business services provider’s stock valued at $46,959,000 after purchasing an additional 5,046 shares during the period. IFM Investors Pty Ltd bought a new stake in shares of Alliance Data Systems during the 3rd quarter valued at about $335,000. Yellowstone Partners LLC bought a new stake in shares of Alliance Data Systems during the 3rd quarter valued at about $5,220,000. Finally, California Public Employees Retirement System grew its stake in shares of Alliance Data Systems by 5.7% during the 3rd quarter. California Public Employees Retirement System now owns 124,845 shares of the business services provider’s stock valued at $27,659,000 after purchasing an additional 6,765 shares during the period. Institutional investors and hedge funds own 94.57% of the company’s stock.
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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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