Price Action To Observe: Alliance Data Systems Corporation Has Another Very Strong Trading Session

Price Action To Observe: Alliance Data Systems Corporation Has Another Very Strong Trading Session

The stock of Alliance Data Systems Corporation (NYSE:ADS) is a huge mover today! About 256,487 shares traded hands. Alliance Data Systems Corporation (NYSE:ADS) has risen 2.09% since February 29, 2016 and is uptrending. It has underperformed by 10.12% the S&P500.
The move comes after 7 months positive chart setup for the $12.75B company. It was reported on Oct, 3 by Barchart.com. We have $322.20 PT which if reached, will make NYSE:ADS worth $6.25 billion more.

Analysts await Alliance Data Systems Corporation (NYSE:ADS) to report earnings on October, 27. They expect $4.19 EPS, up 12.33% or $0.46 from last year’s $3.73 per share. ADS’s profit will be $247.05M for 12.90 P/E if the $4.19 EPS becomes a reality. After $3.28 actual EPS reported by Alliance Data Systems Corporation for the previous quarter, Wall Street now forecasts 27.74% EPS growth.

Alliance Data Systems Corporation (NYSE:ADS) Ratings Coverage

Out of 20 analysts covering Alliance Data Systems (NYSE:ADS), 13 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 65% are positive. Alliance Data Systems has been the topic of 28 analyst reports since August 9, 2015 according to StockzIntelligence Inc. Susquehanna initiated Alliance Data Systems Corporation (NYSE:ADS) on Tuesday, April 26 with “Neutral” rating. Credit Suisse maintained the shares of ADS in a report on Tuesday, April 19 with “Neutral” rating. The stock has “Hold” rating given by Stifel Nicolaus on Monday, July 18. On Wednesday, November 25 the stock rating was upgraded by Piper Jaffray to “Overweight”. Cowen & Co initiated the stock with “Outperform” rating in Wednesday, September 30 report. The firm earned “Neutral” rating on Friday, September 9 by Wedbush. The firm earned “Outperform” rating on Friday, January 29 by RBC Capital Markets. The firm has “Buy” rating by Sterne Agee CRT given on Thursday, December 17. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Neutral” rating by Credit Suisse on Friday, December 11. Jefferies initiated it with “Buy” rating and $20 target price in Friday, February 12 report.

According to Zacks Investment Research, “Alliance Data Systems Corporation is a leading provider of transaction services, credit services and marketing services to retail companies in North America. They focus on facilitating and managing electronic transactions between clients and their customers through multiple distribution channels including in-store, catalog and the Internet. Their credit and marketing services assist clients in identifying and acquiring new customers, as well as helping to increase the loyalty and profitability of their existing customers.”

Insitutional Activity: The institutional sentiment decreased to 0.87 in 2016 Q2. Its down 0.15, from 1.02 in 2016Q1. The ratio turned negative, as 68 funds sold all Alliance Data Systems Corporation shares owned while 172 reduced positions. 60 funds bought stakes while 149 increased positions. They now own 52.14 million shares or 5.27% less from 55.04 million shares in 2016Q1.
The Ohio-based Strs Ohio has invested 0.06% in Alliance Data Systems Corporation (NYSE:ADS). Smith Thomas W, a Florida-based fund reported 20,125 shares. Daiwa Secs Gp has 24,130 shares for 0.03% of their US portfolio. Wright Invsts has invested 0.21% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Geneva Advsr Ltd Llc last reported 174,657 shares in the company. Middleton Com Ma, a Massachusetts-based fund reported 11,746 shares. Origin Asset Mngmt Llp reported 63,228 shares or 0.83% of all its holdings. Fmr Limited Liability Co last reported 2.59 million shares in the company. Penn Mngmt Company has invested 0.08% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Profund Advsr Ltd Limited Liability Company holds 1,746 shares or 0.02% of its portfolio. Envestnet Asset holds 0.02% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 20,644 shares. Blackrock Fund holds 0.04% or 929,642 shares in its portfolio. Dimensional Fund Advsrs L P holds 210,579 shares or 0.02% of its portfolio. The Japan-based Sumitomo Mitsui Inc has invested 0.07% in Alliance Data Systems Corporation (NYSE:ADS). National Bank Of Montreal Can accumulated 0.15% or 665,322 shares.

Insider Transactions: Since June 1, 2016, the stock had 0 insider buys, and 1 sale for $78,482 net activity. 354 shares with value of $78,482 were sold by ANDERSON BRUCE K on Wednesday, June 1.

More notable recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Nasdaq.com which released: “Alliance Data Systems Shares Cross Above 200 DMA” on October 03, 2016, also Prnewswire.com with their article: “Alliance Data’s Card Services Business Extends Instant Issuance Capability To …” published on September 14, 2016, Valuewalk.com published: “Alliance Data Systems Corporation (ADS) – Citron Short Thesis” on August 19, 2016. More interesting news about Alliance Data Systems Corporation (NYSE:ADS) were released by: Seekingalpha.com and their article: “Alliance Data Systems Corp.: Quality At A Reasonable Price?” published on August 25, 2016 as well as Reuters.com‘s news article titled: “ValueAct Capital takes 6.8 pct stake in Alliance Data Systems” with publication date: July 11, 2016.

ADS Company Profile

Alliance Data Systems Corporation, incorporated on February 23, 1995, is a well-known provider of data-driven marketing and loyalty solutions serving consumer businesses in a range of industries. The Firm 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. The Firm operates through three divisions: LoyaltyOne, which provides coalition and short-term loyalty programs through the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon, which provides end-to-end, integrated marketing solutions, and Card Services, 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’s client base is diversified across a range of end-markets, including financial services, specialty retail, grocery and drugstore chains, petroleum retail, automotive, hospitality and travel, telecommunications, insurance and healthcare.

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