Brokerages expect Alliance Data Systems Co. (NYSE:ADS) to announce sales of $2.04 billion for the current fiscal quarter, according to Zacks. Ten analysts have made estimates for Alliance Data Systems’ earnings, with the lowest sales estimate coming in at $2.00 billion and the highest estimate coming in at $2.08 billion. Alliance Data Systems posted sales of $1.91 billion in the same quarter last year, which would indicate a positive year over year growth rate of 6.8%. The company is scheduled to report its next quarterly earnings report on Thursday, October 18th.

According to Zacks, analysts expect that Alliance Data Systems will report full-year sales of $8.09 billion for the current financial year, with estimates ranging from $8.01 billion to $8.15 billion. For the next fiscal year, analysts expect that the business will report sales of $8.83 billion per share, with estimates ranging from $8.61 billion to $9.00 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Alliance Data Systems.

Alliance Data Systems (NYSE:ADS) last released its earnings results on Thursday, July 19th. The business services provider reported $5.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.64 by $0.37. Alliance Data Systems had a net margin of 11.35% and a return on equity of 59.18%. The firm had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the prior year, the firm earned $3.84 EPS. The company’s revenue was up 8.1% compared to the same quarter last year.

A number of research firms have recently weighed in on ADS. Piper Jaffray Companies reissued a “buy” rating and set a $313.00 target price on shares of Alliance Data Systems in a research report on Friday, April 6th. Oppenheimer set a $206.00 target price on shares of Alliance Data Systems and gave the company a “sell” rating in a research report on Thursday, April 12th. JMP Securities reduced their target price on shares of Alliance Data Systems from $310.00 to $270.00 and set a “positive” rating for the company in a research report on Thursday, April 12th. Wolfe Research began coverage on shares of Alliance Data Systems in a research report on Tuesday, July 17th. They set an “outperform” rating for the company. Finally, Stephens reissued a “buy” rating and set a $288.00 target price on shares of Alliance Data Systems in a research report on Friday, July 20th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. Alliance Data Systems currently has an average rating of “Hold” and a consensus price target of $262.88.

In other Alliance Data Systems news, insider Valueact Capital Master Fund, purchased 2,646 shares of the company’s stock in a transaction that occurred on Tuesday, May 15th. The shares were bought at an average cost of $205.00 per share, for a total transaction of $542,430.00. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CFO Charles L. Horn sold 16,035 shares of the company’s stock in a transaction that occurred on Tuesday, July 24th. The shares were sold at an average price of $232.58, for a total transaction of $3,729,420.30. Following the sale, the chief financial officer now owns 28,688 shares in the company, valued at $6,672,255.04. The disclosure for this sale can be found here. Insiders have purchased a total of 330,246 shares of company stock worth $66,585,860 over the last 90 days. 2.60% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in the stock. Empowered Funds LLC lifted its stake in shares of Alliance Data Systems by 1.5% during the 2nd quarter. Empowered Funds LLC now owns 14,164 shares of the business services provider’s stock valued at $3,336,000 after buying an additional 210 shares in the last quarter. First Interstate Bank lifted its stake in Alliance Data Systems by 45.2% in the 2nd quarter. First Interstate Bank now owns 864 shares of the business services provider’s stock worth $201,000 after purchasing an additional 269 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in Alliance Data Systems by 29.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,192 shares of the business services provider’s stock worth $278,000 after purchasing an additional 274 shares in the last quarter. ING Groep NV lifted its stake in Alliance Data Systems by 21.6% in the 1st quarter. ING Groep NV now owns 2,030 shares of the business services provider’s stock worth $432,000 after purchasing an additional 360 shares in the last quarter. Finally, Tredje AP fonden lifted its stake in Alliance Data Systems by 8.8% in the 1st quarter. Tredje AP fonden now owns 4,570 shares of the business services provider’s stock worth $973,000 after purchasing an additional 370 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.

Shares of Alliance Data Systems stock traded down $6.81 on Monday, reaching $227.34. 754,625 shares of the company traded hands, compared to its average volume of 647,919. Alliance Data Systems has a 52 week low of $192.02 and a 52 week high of $278.33. The company has a market capitalization of $13.09 billion, a P/E ratio of 12.44, a P/E/G ratio of 0.84 and a beta of 1.78. The company has a quick ratio of 2.11, a current ratio of 23.57 and a debt-to-equity ratio of 11.38.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 19th. Investors of record on Tuesday, August 14th will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, August 13th. Alliance Data Systems’s payout ratio is currently 12.47%.

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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