Alliance Data Systems (NYSE:ADS) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $19.50-19.75 for the period, compared to the Thomson Reuters consensus estimate of $19.10. The company issued revenue guidance of $5.8 billion, compared to the consensus revenue estimate of $5.80 billion.Alliance Data Systems also updated its FY 2019 guidance to $19.50-19.75 EPS.
Shares of NYSE:ADS opened at $151.56 on Friday. The company has a market capitalization of $7.94 billion, a PE ratio of 7.57, a PEG ratio of 0.50 and a beta of 1.63. Alliance Data Systems has a 1 year low of $133.56 and a 1 year high of $250.27. The stock has a fifty day simple moving average of $142.46. The company has a debt-to-equity ratio of 5.38, a current ratio of 1.72 and a quick ratio of 2.53.
Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings data on Thursday, July 18th. The business services provider reported $3.66 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $4.08 by ($0.42). The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.36 billion. Alliance Data Systems had a return on equity of 46.72% and a net margin of 13.01%. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.01 earnings per share. On average, equities analysts anticipate that Alliance Data Systems will post 18.35 earnings per share for the current year.
Alliance Data Systems announced that its board has initiated a share buyback plan on Tuesday, July 9th that permits the company to buyback $1.10 billion in shares. This buyback authorization permits the business services provider to purchase up to 14.2% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.
A number of research firms have issued reports on ADS. Oppenheimer began coverage on shares of Pareteum in a report on Friday, April 26th. They set an outperform rating and a $7.00 price target for the company. SunTrust Banks decreased their price target on shares of Broadcom to $307.00 and set a buy rating for the company in a report on Friday, June 14th. Deutsche Bank upped their price target on shares of Rockwell Automation from $173.00 to $186.00 and gave the company a hold rating in a report on Friday, April 26th. Stephens restated a hold rating and set a $36.00 price target on shares of Allegiance Bancshares in a report on Monday, April 29th. Finally, William Blair restated a buy rating on shares of Albireo Pharma in a report on Monday, July 15th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of $218.92.
Alliance Data Systems Company Profile
Alliance Data Systems Corporation provides data-driven marketing and loyalty solutions worldwide. It operates through three segments: LoyaltyOne, Epsilon, and Card Services. 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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