Alliance Data Systems Corporation (NYSE:ADS)‘s stock had its “buy” rating restated by stock analysts at Jefferies Group LLC in a research report issued on Friday, July 14th. They currently have a $270.00 price target on the business services provider’s stock. Jefferies Group LLC’s target price suggests a potential upside of 14.67% from the company’s previous close.

A number of other equities analysts have also recently commented on ADS. BidaskClub raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Zacks Investment Research cut shares of Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. Barclays PLC boosted their target price on shares of Alliance Data Systems Corporation from $255.00 to $285.00 and gave the company an “overweight” rating in a research report on Friday, April 21st. ValuEngine raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Finally, Wedbush reissued a “neutral” rating and issued a $252.00 target price (up previously from $225.00) on shares of Alliance Data Systems Corporation in a research report on Tuesday, June 6th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $251.63.

Shares of Alliance Data Systems Corporation (NYSE ADS) opened at 235.45 on Friday. Alliance Data Systems Corporation has a 52-week low of $193.67 and a 52-week high of $266.25. The company has a market cap of $13.09 billion, a P/E ratio of 26.85 and a beta of 1.76. The stock has a 50 day moving average of $252.78 and a 200 day moving average of $244.71.

Alliance Data Systems Corporation (NYSE:ADS) last released its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 EPS for the quarter, topping the Zacks’ consensus estimate of $3.47 by $0.37. Alliance Data Systems Corporation had a net margin of 6.77% and a return on equity of 59.67%. The firm had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same period in the previous year, the business posted $3.68 earnings per share. The company’s revenue for the quarter 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 earnings per share for the current fiscal year.

Alliance Data Systems Corporation announced that its board has authorized a stock buyback program on Thursday, July 27th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

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Several hedge funds have recently added to or reduced their stakes in ADS. BlackRock Inc. boosted its stake 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 valued at $830,376,000 after buying an additional 3,230,733 shares during the period. ValueAct Holdings L.P. boosted its stake 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 valued at $1,463,473,000 after buying an additional 630,900 shares during the period. Thrivent Financial For Lutherans boosted its stake 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 valued at $275,995,000 after buying an additional 598,200 shares during the period. Morgan Stanley boosted its stake 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 valued at $171,534,000 after buying an additional 436,590 shares during the period. Finally, USS Investment Management Ltd boosted its stake 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 valued at $129,926,000 after buying an additional 386,000 shares during the period. Institutional investors own 98.78% of the company’s stock.

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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