Alliance Data Systems PT Raised to $190.00 (ADS)
Alliance Data Systems traded down 0.71% on Thursday, hitting $158.48. Alliance Data Systems has a 52-week low of $119.56 and a 52-week high of $160.00. The stock’s 50-day moving average is currently $155.7. The company has a market cap of $7.892 billion and a price-to-earnings ratio of 24.26.
Alliance Data Systems last announced its earnings results on Thursday, January 31st. The company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.05. The company had revenue of $972.00 million for the quarter, compared to the consensus estimate of $941.10 million. During the same quarter in the prior year, the company posted $1.70 earnings per share. The company’s quarterly revenue was up 14.6% on a year-over-year basis. Alliance Data Systems has set its Q1 guidance at $2.50 EPS and its FY13 guidance at $9.65 EPS. Analysts expect that Alliance Data Systems will post $9.84 EPS for the current fiscal year.
A number of other firms have also recently commented on ADS. Analysts at Barclays Capital raised their price target on shares of Alliance Data Systems from $176.00 to $180.00 in a research note to investors on Friday, February 1st. They now have an “overweight” rating on the stock. Separately, analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Alliance Data Systems in a research note to investors on Friday, February 1st. They now have a $155.00 price target on the stock, up previously from $140.00. Finally, analysts at RBC Capital raised their price target on shares of Alliance Data Systems from $161.00 to $173.00 in a research note to investors on Friday, February 1st. They now have an “outperform” rating on the stock.
Alliance Data Systems Corporation (ADSC) is a provider of data-driven and transaction-based marketing and customer loyalty solutions.
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