Alliance Data Systems (NYSE:ADS) Updates FY19 Earnings Guidance

Alliance Data Systems (NYSE:ADS) updated its FY19 earnings guidance on Thursday. The company provided earnings per share guidance of $19.50-19.75 for the period, compared to the Thomson Reuters consensus earnings per share 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 research firms have issued reports on ADS. Zacks Investment Research upgraded shares of Triple-S Management from a hold rating to a buy rating and set a $26.00 price target on the stock in a research report on Monday, April 29th. BMO Capital Markets set a $32.00 price target on shares of Axalta Coating Systems and gave the stock a hold rating in a research report on Friday, April 26th. Stephens restated a hold rating and issued a $36.00 price target on shares of Allegiance Bancshares in a research report on Monday, April 29th. SunTrust Banks decreased their price target on shares of Broadcom to $307.00 and set a buy rating on the stock in a research report on Friday, June 14th. Finally, Oppenheimer began coverage on shares of Pareteum in a research report on Friday, April 26th. They issued an outperform rating and a $7.00 price target on the stock. 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 stock currently has a consensus rating of Hold and an average price target of $218.92.

NYSE ADS opened at $151.56 on Friday. Alliance Data Systems has a twelve month low of $133.56 and a twelve month high of $250.27. The company has a debt-to-equity ratio of 5.38, a quick ratio of 2.53 and a current ratio of 1.72. The stock has a market cap of $8.28 billion, a PE ratio of 7.03, a price-to-earnings-growth ratio of 0.52 and a beta of 1.63. The business’s 50 day moving average price is $142.46.

Alliance Data Systems (NYSE:ADS) last posted its quarterly earnings data on Thursday, July 18th. The business services provider reported $3.66 earnings per share for the quarter, missing the consensus estimate of $4.08 by ($0.42). Alliance Data Systems had a return on equity of 46.72% and a net margin of 13.01%. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the previous year, the firm posted $5.01 earnings per share. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, equities research analysts expect that Alliance Data Systems will post 18.64 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Wednesday, September 4th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.66%. The ex-dividend date is Tuesday, September 3rd. Alliance Data Systems’s payout ratio is 11.69%.

Alliance Data Systems declared that its board has authorized a stock repurchase program on Tuesday, July 9th that permits the company to buyback $1.10 billion in outstanding shares. This buyback authorization permits the business services provider to repurchase up to 14.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is 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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Earnings History and Estimates for Alliance Data Systems (NYSE:ADS)

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