Alliance Data Systems Co. (ADS) Issues Q1 Earnings Guidance
Alliance Data Systems Co. (NYSE:ADS) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $3.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.14, MarketBeat Ratings reports. The company issued revenue guidance of $1.68 billion, compared to the consensus revenue estimate of $1.78 billion.Alliance Data Systems also updated its FY16 guidance to $17.00 EPS.
Shares of Alliance Data Systems Co. (NYSE:ADS) opened at 246.80 on Thursday. The stock’s 50 day moving average is $264.50 and its 200 day moving average is $273.46. Alliance Data Systems Co. has a 52-week low of $237.10 and a 52-week high of $312.00. The firm has a market capitalization of $15.09 billion and a PE ratio of 33.39.
Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings data on Thursday, January 28th. The company reported $4.13 EPS for the quarter, beating the consensus estimate of $4.11 by $0.02. The firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.80 billion. During the same period in the prior year, the firm posted $3.45 EPS. Alliance Data Systems’s revenue was up 17.7% on a year-over-year basis. On average, equities research analysts forecast that Alliance Data Systems Co. will post $15.03 EPS for the current year.
Several brokerages have issued reports on ADS. Zacks Investment Research lowered shares of Alliance Data Systems from a hold rating to a sell rating in a research report on Monday. RBC Capital reiterated an outperform rating and set a $355.00 target price on shares of Alliance Data Systems in a research report on Sunday. William Blair reiterated an outperform rating on shares of Alliance Data Systems in a research report on Wednesday, January 20th. Barclays boosted their price objective on shares of Alliance Data Systems from $325.00 to $350.00 and gave the stock an overweight rating in a report on Tuesday, January 5th. Finally, Sterne Agee CRT started coverage on shares of Alliance Data Systems in a report on Thursday, December 17th. They issued a buy rating and a $320.00 price objective for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of $327.27.
In other news, EVP Bryan A. Pearson sold 4,000 shares of the company’s stock in a transaction dated Tuesday, December 22nd. The shares were sold at an average price of $273.97, for a total value of $1,095,880.00. Following the sale, the executive vice president now directly owns 19,226 shares of the company’s stock, valued at approximately $5,267,347.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a variety of industries. The Company operates through three segments: LoyaltyOne, which includes the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon, which provides direct marketing solutions, and Private Label Services and Credit, which provides risk management solutions, account origination, funding, transaction processing, customer care, collections and marketing services for the Company’s private label and co-brand retail credit card programs. 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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