Should Investors Be Buying Alliance Data Systems (NYSE:ADS) Stock Following Today’s Baird Upgrade?

June 18, 2018 - By Darrin Black

Alliance Data Systems Corporation (NYSE:ADS) Logo

Investors sentiment increased to 1.07 in 2018 Q1. Its up 0.14, from 0.93 in 2017Q4. It is positive, as 45 investors sold Alliance Data Systems Corporation shares while 157 reduced holdings. 73 funds opened positions while 144 raised stakes. 50.33 million shares or 2.85% less from 51.81 million shares in 2017Q4 were reported.

International Grp Incorporated holds 0.01% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 17,203 shares. 1,078 are owned by Wetherby Asset Mgmt. Td Asset Mngmt holds 0% or 14,772 shares. Swiss Comml Bank holds 0.04% or 159,598 shares in its portfolio. Farmers And Merchants Investments invested in 22 shares or 0% of the stock. Proshare Advisors Ltd Co has invested 0.02% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). Golden Gate Private Equity Inc holds 2.98% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 16,950 shares. Burney Com owns 7,901 shares or 0.1% of their US portfolio. 10,082 are owned by Aurora Counsel. Metropolitan Life Ins Ny reported 9,669 shares or 0% of all its holdings. Whitnell And has invested 0% in Alliance Data Systems Corporation (NYSE:ADS). 5,277 are held by Cibc Ww. Icon Advisers Communications has 0.06% invested in Alliance Data Systems Corporation (NYSE:ADS) for 3,500 shares. Prescott General Prns Ltd Company stated it has 2.51% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS). State Board Of Administration Of Florida Retirement has invested 0.04% in Alliance Data Systems Corporation (NYSE:ADS).

Since February 16, 2018, it had 2 buys, and 2 selling transactions for $33.28 million activity. 12,246 Alliance Data Systems Corporation (NYSE:ADS) shares with value of $3.00 million were sold by Miller Melisa A. On Friday, February 16 the insider HEFFERNAN EDWARD J sold $5.14 million.

Alliance Data Systems (NYSE:ADS) Stock Upgrade

The previous rating of a “Neutral” for Alliance Data Systems (NYSE:ADS) has been discontinued as Baird boosted ADS’s current rating to a respectable “Outperform”.

Alliance Data Systems Corporation (NYSE:ADS) Ratings Coverage

Among 16 analysts covering Alliance Data Systems (NYSE:ADS), 7 have Buy rating, 1 Sell and 8 Hold. Therefore 44% are positive. Alliance Data Systems has $368.0 highest and $20600 lowest target. $255.07’s average target is 9.79% above currents $232.32 stock price. Alliance Data Systems had 33 analyst reports since December 21, 2017 according to SRatingsIntel. The rating was upgraded by Oppenheimer to “Hold” on Thursday, April 19. The company was maintained on Thursday, April 12 by Oppenheimer. RBC Capital Markets maintained Alliance Data Systems Corporation (NYSE:ADS) on Thursday, January 4 with “Buy” rating. The stock has “Hold” rating by UBS on Tuesday, March 27. Wedbush maintained the shares of ADS in report on Monday, April 2 with “Hold” rating. The stock of Alliance Data Systems Corporation (NYSE:ADS) has “Buy” rating given on Wednesday, March 28 by RBC Capital Markets. The company was maintained on Friday, January 12 by Cowen & Co. As per Thursday, April 5, the company rating was maintained by Piper Jaffray. Edward Jones upgraded the shares of ADS in report on Monday, February 26 to “Buy” rating. The stock has “Hold” rating by Cowen & Co on Thursday, April 19.

The stock decreased 0.00% or $0.01 during the last trading session, reaching $232.32. About 301,165 shares traded. Alliance Data Systems Corporation (NYSE:ADS) has declined 13.23% since June 18, 2017 and is downtrending. It has underperformed by 25.80% the S&P500.

Analysts await Alliance Data Systems Corporation (NYSE:ADS) to report earnings on July, 19. They expect $4.32 earnings per share, up 20.67 % or $0.74 from last year’s $3.58 per share. ADS’s profit will be $239.32M for 13.44 P/E if the $4.32 EPS becomes a reality. After $4.10 actual earnings per share reported by Alliance Data Systems Corporation for the previous quarter, Wall Street now forecasts 5.37 % EPS growth.

Alliance Data Systems Corporation provides marketing and loyalty solutions in the United States and internationally. The company has market cap of $12.87 billion. It facilitates and manages interactions between its clients and their clients through consumer marketing channels, including in-store, online, email, social media, mobile, direct mail, and telephone. It has a 16.04 P/E ratio. The companyÂ’s LoyaltyOne segment owns and operates the AIR MILES Reward Program and BrandLoyalty program that are coalition and short-term loyalty programs.

More notable recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Seekingalpha.com which released: “Tracking Allan Mecham’s Arlington Value Capital Portfolio – Q1 2018 Update” on May 26, 2018, also Gurufocus.com with their article: “Wall Street Low Friday” published on June 15, 2018, Seekingalpha.com published: “Tracking Ole Andreas Halvorsen’s Viking Global Portfolio – Q1 2018 Update” on May 27, 2018. More interesting news about Alliance Data Systems Corporation (NYSE:ADS) were released by: Prnewswire.com and their article: “Alliance Data To Participate At The RW Baird 2018 Global Consumer, Technology & Services Conference” published on May 23, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For June 18, 2018” with publication date: June 18, 2018.

Alliance Data Systems Corporation (NYSE:ADS) Institutional Positions Chart

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