Alliance Data Systems Corporation (ADS) Issues FY18 Earnings Guidance
Alliance Data Systems Corporation (NYSE:ADS) issued an update on its FY18 earnings guidance on Thursday morning. The company provided EPS guidance of $21.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $21.42. The company issued revenue guidance of $8.7 billion, compared to the consensus revenue estimate of $8.65 billion.Alliance Data Systems Corporation also updated its FY17 guidance to $18.10 EPS.
Alliance Data Systems Corporation (NYSE:ADS) opened at 239.37 on Friday. Alliance Data Systems Corporation has a 12-month low of $198.06 and a 12-month high of $266.25. The stock’s 50 day moving average is $222.29 and its 200-day moving average is $239.26. The company has a market capitalization of $13.28 billion, a P/E ratio of 27.29 and a beta of 1.75.
Alliance Data Systems Corporation (NYSE:ADS) last released its quarterly earnings results on Thursday, October 19th. The business services provider reported $5.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $4.80 by $0.55. Alliance Data Systems Corporation had a net margin of 7.09% and a return on equity of 62.95%. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same period in the prior year, the company posted $4.74 earnings per share. Alliance Data Systems Corporation’s revenue was up 1.4% compared to the same quarter last year. On average, equities analysts predict that Alliance Data Systems Corporation will post $18.09 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Tuesday, November 14th will be paid a $0.52 dividend. The ex-dividend date is Monday, November 13th. This represents a $2.08 annualized dividend and a dividend yield of 0.87%. Alliance Data Systems Corporation’s dividend payout ratio (DPR) is presently 22.06%.
Alliance Data Systems Corporation declared that its board has approved a stock buyback plan on Thursday, July 27th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the business services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.
ADS has been the topic of several research reports. Argus initiated coverage on shares of Alliance Data Systems Corporation in a research note on Thursday, July 13th. They issued a buy rating and a $309.00 price target on the stock. Deutsche Bank AG restated a buy rating and issued a $278.00 price target on shares of Alliance Data Systems Corporation in a research note on Monday, July 10th. BidaskClub upgraded shares of Alliance Data Systems Corporation from a hold rating to a buy rating in a research note on Friday, June 23rd. Jefferies Group LLC restated a buy rating and issued a $270.00 price target on shares of Alliance Data Systems Corporation in a research note on Friday, July 14th. Finally, Piper Jaffray Companies restated a buy rating and issued a $302.00 price target on shares of Alliance Data Systems Corporation in a research note on Thursday, August 3rd. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $257.00.
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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.
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