Alliance Data Systems (NYSE:ADS) updated its FY19 earnings guidance on Thursday. 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.
Several equities research analysts have issued reports on the company. Deutsche Bank increased their target price on Rockwell Automation from $173.00 to $186.00 and gave the stock a hold rating in a research report on Friday, April 26th. SunTrust Banks dropped their target price on Broadcom to $307.00 and set a buy rating on the stock in a research report on Friday, June 14th. Zacks Investment Research upgraded Triple-S Management from a hold rating to a buy rating and set a $26.00 target price on the stock in a research report on Monday, April 29th. BMO Capital Markets set a $32.00 target price on Axalta Coating Systems and gave the stock a hold rating in a research report on Friday, April 26th. Finally, Stephens reiterated a hold rating and issued a $36.00 price objective on shares of Allegiance Bancshares in a research report on Monday, April 29th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $218.92.
Alliance Data Systems stock traded down $4.42 during mid-day trading on Friday, hitting $153.58. The stock had a trading volume of 654,147 shares, compared to its average volume of 631,089. The stock has a market cap of $7.90 billion, a price-to-earnings ratio of 7.12, a P/E/G ratio of 0.49 and a beta of 1.63. The company has a debt-to-equity ratio of 7.00, a current ratio of 2.55 and a quick ratio of 2.53. The company has a 50 day moving average of $142.22. Alliance Data Systems has a one year low of $133.56 and a one year high of $250.27.
Alliance Data Systems (NYSE:ADS) last announced its earnings results on Thursday, July 18th. The business services provider reported $3.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.08 by ($0.42). The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Alliance Data Systems had a net margin of 13.10% and a return on equity of 51.42%. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.01 earnings per share. On average, research analysts predict that Alliance Data Systems will post 18.64 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Wednesday, September 4th will be paid a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $2.52 dividend on an annualized basis and a yield of 1.64%. Alliance Data Systems’s dividend payout ratio is currently 11.69%.
Alliance Data Systems declared that its board has initiated a share buyback plan on Tuesday, July 9th that allows the company to buyback $1.10 billion in outstanding shares. This buyback authorization allows the business services provider to purchase up to 14.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.
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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