Alliance Data Systems Co. (ADS) Releases FY16 Earnings Guidance
Alliance Data Systems Co. (NYSE:ADS) issued an update on its FY16 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $17.00 for the period, compared to the Thomson Reuters consensus estimate of $17.20, Marketbeat.com reports. The company issued revenue guidance of $7.2 billion, compared to the consensus revenue estimate of $7.26 billion.Alliance Data Systems also updated its Q1 guidance to $3.83 EPS.
A number of research firms recently commented on ADS. Evercore ISI decreased their price objective on shares of Alliance Data Systems to $292.00 and set a buy rating on the stock in a report on Friday. Dougherty & Co decreased their price objective on shares of Alliance Data Systems from $400.00 to $360.00 and set a buy rating on the stock in a report on Friday. Deutsche Bank decreased their price objective on shares of Alliance Data Systems from $341.00 to $291.00 and set a buy rating on the stock in a report on Friday. Credit Suisse decreased their price objective on shares of Alliance Data Systems from $307.00 to $235.00 in a report on Friday. Finally, Goldman Sachs decreased their price objective on shares of Alliance Data Systems from $290.00 to $250.00 and set a neutral rating on the stock in a report on Friday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seventeen have given a buy rating to the company’s stock. Alliance Data Systems has a consensus rating of Buy and an average price target of $303.95.
Shares of Alliance Data Systems Co. (NYSE:ADS) opened at 199.79 on Monday. The firm has a market cap of $12.21 billion and a price-to-earnings ratio of 22.65. Alliance Data Systems Co. has a 52-week low of $197.83 and a 52-week high of $312.00. The stock has a 50 day moving average of $259.61 and a 200 day moving average of $272.17.
Alliance Data Systems (NYSE:ADS) last announced its quarterly earnings data on Thursday, January 28th. The company reported $4.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.11 by $0.02. The business earned $1.75 billion during the quarter, compared to analyst estimates of $1.80 billion. The business’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the prior year, the firm earned $3.45 EPS. Equities analysts predict that Alliance Data Systems Co. will post $16.91 EPS for the current fiscal year.
In other news, EVP Bryan A. Pearson sold 4,000 shares of Alliance Data Systems stock in a transaction that occurred on 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 transaction, the executive vice president now owns 19,226 shares of the company’s stock, valued at approximately $5,267,347.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
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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