Alliance Data Systems (ADS) Price Target Cut to $206.00 by Analysts at Credit Suisse Group

Alliance Data Systems (NYSE:ADS) had its price objective dropped by equities research analysts at Credit Suisse Group from $218.00 to $206.00 in a report released on Friday. The brokerage currently has an “underperform” rating on the business services provider’s stock. Credit Suisse Group’s target price indicates a potential downside of 0.94% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on ADS. Barclays raised shares of Alliance Data Systems from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $265.00 to $310.00 in a research note on Wednesday, January 3rd. Stephens set a $304.00 target price on shares of Alliance Data Systems and gave the stock a “buy” rating in a research note on Tuesday, January 2nd. Royal Bank of Canada reaffirmed a “buy” rating and set a $293.00 target price on shares of Alliance Data Systems in a research note on Thursday, January 4th. Zacks Investment Research raised shares of Alliance Data Systems from a “hold” rating to a “buy” rating and set a $296.00 target price on the stock in a research note on Friday, January 5th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $270.00 target price on shares of Alliance Data Systems in a research note on Tuesday, January 9th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the stock. Alliance Data Systems has a consensus rating of “Hold” and a consensus price target of $265.70.

Alliance Data Systems stock opened at $207.95 on Friday. Alliance Data Systems has a 1 year low of $203.66 and a 1 year high of $278.33. The firm has a market capitalization of $11,417.82, a P/E ratio of 11.38, a P/E/G ratio of 0.75 and a beta of 1.76. The company has a debt-to-equity ratio of 9.69, a quick ratio of 2.41 and a current ratio of 2.43.



Alliance Data Systems (NYSE:ADS) last released its quarterly earnings results on Thursday, January 25th. The business services provider reported $6.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.72 by $1.38. Alliance Data Systems had a net margin of 10.22% and a return on equity of 66.17%. The firm had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter last year, the company earned $4.67 EPS. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. analysts forecast that Alliance Data Systems will post 21.46 EPS for the current year.

In other Alliance Data Systems news, EVP Melisa A. Miller sold 12,246 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $245.09, for a total transaction of $3,001,372.14. Following the sale, the executive vice president now directly owns 42,654 shares in the company, valued at $10,454,068.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Edward J. Heffernan sold 21,000 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $244.83, for a total transaction of $5,141,430.00. Following the sale, the insider now owns 264,668 shares in the company, valued at $64,798,666.44. The disclosure for this sale can be found here. 2.60% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the business. Nomura Asset Management Co. Ltd. grew its position in shares of Alliance Data Systems by 4.3% during the third quarter. Nomura Asset Management Co. Ltd. now owns 6,750 shares of the business services provider’s stock worth $1,495,000 after buying an additional 279 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of Alliance Data Systems by 38.6% during the third quarter. Janus Henderson Group PLC now owns 14,743 shares of the business services provider’s stock worth $3,266,000 after buying an additional 4,106 shares in the last quarter. Highbridge Capital Management LLC acquired a new position in shares of Alliance Data Systems during the third quarter worth about $529,000. Point72 Asset Management L.P. acquired a new position in shares of Alliance Data Systems during the third quarter worth about $19,623,000. Finally, California Public Employees Retirement System grew its position in shares of Alliance Data Systems by 5.7% during the third quarter. California Public Employees Retirement System now owns 124,845 shares of the business services provider’s stock worth $27,659,000 after buying an additional 6,765 shares in the last quarter. Institutional investors own 94.61% 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.

Analyst Recommendations for Alliance Data Systems (NYSE:ADS)

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