Alliance Data Systems Co. (NYSE:ADS) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totalling 3,264,700 shares, an increase of 92.0% from the February 27th total of 1,700,000 shares. Approximately 7.1% of the shares of the company are sold short. Based on an average daily trading volume, of 865,200 shares, the days-to-cover ratio is presently 3.8 days.
ADS has been the topic of several analyst reports. SunTrust Banks lowered their price target on shares of Alliance Data Systems from $135.00 to $40.00 and set a “buy” rating on the stock in a report on Monday. UBS Group lowered their price target on shares of Alliance Data Systems from $143.00 to $140.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Cfra lowered their price target on shares of Alliance Data Systems from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Bank of America initiated coverage on shares of Alliance Data Systems in a report on Monday, December 2nd. They set a “neutral” rating and a $111.00 price target on the stock. Finally, Zacks Investment Research downgraded shares of Alliance Data Systems from a “hold” rating to a “sell” rating and set a $111.00 price target on the stock. in a report on Tuesday, January 28th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. Alliance Data Systems has an average rating of “Hold” and an average target price of $133.88.
In other news, SVP Laura Santillan purchased 3,000 shares of the stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of $22.60 per share, with a total value of $67,800.00. Following the completion of the acquisition, the senior vice president now directly owns 29,127 shares of the company’s stock, valued at $658,270.20. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sharen J. Turney purchased 1,725 shares of the stock in a transaction on Monday, March 23rd. The shares were purchased at an average cost of $30.16 per share, for a total transaction of $52,026.00. Following the acquisition, the director now directly owns 14,243 shares of the company’s stock, valued at $429,568.88. The disclosure for this purchase can be found here. In the last three months, insiders purchased 11,355 shares of company stock worth $302,483. 2.80% of the stock is currently owned by insiders.
Shares of Alliance Data Systems stock traded down $0.96 on Thursday, hitting $37.55. 1,702,509 shares of the company traded hands, compared to its average volume of 1,272,068. The stock has a market capitalization of $2.00 billion, a P/E ratio of 6.21, a price-to-earnings-growth ratio of 0.17 and a beta of 1.78. The company has a debt-to-equity ratio of 7.87, a quick ratio of 2.01 and a current ratio of 2.03. Alliance Data Systems has a 52 week low of $20.51 and a 52 week high of $182.95. The business has a 50-day simple moving average of $76.55 and a 200 day simple moving average of $104.21.
Alliance Data Systems (NYSE:ADS) last released its quarterly earnings data on Thursday, January 30th. The business services provider reported $4.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.08 by $0.04. The firm had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Alliance Data Systems had a net margin of 5.57% and a return on equity of 42.99%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter last year, the business posted $7.04 earnings per share. Research analysts expect that Alliance Data Systems will post 20.25 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 14th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 6.71%. The ex-dividend date of this dividend was Thursday, February 13th. Alliance Data Systems’s payout ratio is currently 15.38%.
About Alliance Data Systems
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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