Credit Suisse Group reaffirmed their underperform rating on shares of Alliance Data Systems Corporation (NYSE:ADS) in a research report sent to investors on Tuesday.

A number of other research firms have also commented on ADS. Argus started coverage on shares of Alliance Data Systems Corporation in a research note on Thursday, July 13th. They set a buy rating and a $309.00 price objective on the stock. Compass Point upgraded shares of Alliance Data Systems Corporation from a sell rating to a neutral rating and raised their price objective for the company from $190.00 to $200.00 in a research note on Thursday, May 25th. Barclays PLC lowered shares of Alliance Data Systems Corporation from an overweight rating to an equal weight rating and decreased their price target for the stock from $285.00 to $265.00 in a research report on Friday, July 21st. BidaskClub upgraded shares of Alliance Data Systems Corporation from a hold rating to a buy rating in a research report on Friday, June 23rd. Finally, ValuEngine upgraded shares of Alliance Data Systems Corporation from a hold rating to a buy rating in a research report on Tuesday, June 20th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $255.47.

Alliance Data Systems Corporation (NYSE ADS) opened at 214.32 on Tuesday. The firm’s 50-day moving average price is $229.05 and its 200 day moving average price is $243.99. Alliance Data Systems Corporation has a 52-week low of $197.69 and a 52-week high of $266.25. The firm has a market cap of $11.89 billion, a PE ratio of 24.44 and a beta of 1.76.

Alliance Data Systems Corporation (NYSE:ADS) last posted its quarterly earnings data on Thursday, July 20th. The business services provider reported $3.84 EPS for the quarter, beating 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 business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter last year, the business earned $3.68 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, equities analysts anticipate that Alliance Data Systems Corporation will post $18.06 earnings per share for the current year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Monday, August 14th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, August 10th. Alliance Data Systems Corporation’s payout ratio is presently 23.69%.

Alliance Data Systems Corporation declared that its board has authorized a share buyback program on Thursday, July 27th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the business services provider to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Institutional investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. lifted its position in Alliance Data Systems Corporation by 0.8% during the 1st quarter. Principal Financial Group Inc. now owns 89,131 shares of the business services provider’s stock worth $22,194,000 after acquiring an additional 673 shares during the last quarter. RMB Capital Management LLC lifted its position in Alliance Data Systems Corporation by 11.9% during the 1st quarter. RMB Capital Management LLC now owns 104,705 shares of the business services provider’s stock worth $26,071,000 after acquiring an additional 11,105 shares during the last quarter. ValueAct Holdings L.P. lifted its position in Alliance Data Systems Corporation by 12.0% during the 1st quarter. ValueAct Holdings L.P. now owns 5,877,400 shares of the business services provider’s stock worth $1,463,473,000 after acquiring an additional 630,900 shares during the last quarter. Jane Street Group LLC acquired a new position in Alliance Data Systems Corporation during the 1st quarter worth $698,000. Finally, TimesSquare Capital Management LLC lifted its position in Alliance Data Systems Corporation by 2.9% during the 2nd quarter. TimesSquare Capital Management LLC now owns 676,889 shares of the business services provider’s stock worth $173,751,000 after acquiring an additional 18,922 shares during the last quarter. 96.09% of the stock is 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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