Alliance Data Systems Corporation (ADS) was Initiated by Susquehanna to “Neutral” and the brokerage firm has set the Price Target at $228. Susquehanna advised their investors in a research report released on Apr 26, 2016.
Many Wall Street Analysts have commented on Alliance Data Systems Corporation. Shares were Reiterated by RBC Capital Mkts on Feb 17, 2016 to “Outperform” and Lowered the Price Target to $ 275 from a previous price target of $287 .Jefferies Initiated Alliance Data Systems Corporation on Feb 12, 2016 to “Buy”, Price Target of the shares are set at $240.Shares were Reiterated by RBC Capital Mkts on Jan 29, 2016 to “Outperform” and Lowered the Price Target to $ 287 from a previous price target of $355 .
On the company’s financial health, Alliance Data Systems Corporation reported $3.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $3.80. The company had revenue of $1676.00 million for the quarter, compared to analysts expectations of $1689.63 million. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.65 EPS.
Alliance Data Systems Corporation opened for trading at $202.33 and hit $207.07 on the upside on Friday, eventually ending the session at $205.99, with a gain of 1.67% or 3.39 points. The heightened volatility saw the trading volume jump to 12,12,741 shares. Company has a market cap of $12,207 M.
In a different news, on Feb 12, 2016, Bryan A Pearson (EVP & President, LoyaltyOne) sold 3,724 shares at $180.78 per share price. According to the SEC, on Nov 5, 2015, Melisa A Miller (EVP & Pres, Card Services) sold 5,100 shares at $295.45 per share price. On Oct 28, 2015, Edward J Heffernan (President and CEO) sold 21,482 shares at $295.28 per share price, according to the Form-4 filing with the securities and exchange commission.
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.