BMO Capital Downgrades Alliance Data Systems Corporation to Market Perform

Brokerage firm BMO Capital Downgrades its rating on Alliance Data Systems Corporation(NYSE:ADS). The shares have been rated Market Perform. Previously, the analysts had a Outperform rating on the shares. The rating by BMO Capital was issued on Jul 22, 2016.

In a different note, On Jul 18, 2016, Stifel Nicolaus said it Downgrades its rating on Alliance Data Systems Corporation. The shares have been rated ‘Hold’ by the firm. On Jul 7, 2016, Barclays said it Maintains its rating on Alliance Data Systems Corporation. In the research note, the firm Lowers the price-target to $280.00 per share. The shares have been rated ‘Overweight’ by the firm. Susquehanna said it Initiates Coverage on Alliance Data Systems Corporation, according to a research note issued on Apr 26, 2016. The shares have been rated ‘Neutral’ by the firm.

Alliance Data Systems Corporation (ADS) made into the market gainers list on Thursdays trading session with the shares advancing 0.16% or 0.37 points. Due to strong positive momentum, the stock ended at $233.84, which is also near the day’s high of $234.83. The stock began the session at $233.5 and the volume stood at 6,01,192 shares. The 52-week high of the shares is $303.75 and the 52 week low is $176.63. The company has a current market capitalization of $13,782 M and it has 5,89,39,771 shares in outstanding.

Alliance Data Systems Corporation(ADS) last announced its earnings results on Jul 21, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.75B. Analysts had an estimated revenue of $1.64B. Earnings per share were $3.68. Analysts had estimated an EPS of $3.61.

Several Insider Transactions has been reported to the SEC. On Jun 2, 2016, Bruce K Anderson (director) sold 354 shares at $221.70 per share price.Also, On Feb 12, 2016, Bryan A Pearson (EVP & President, LoyaltyOne) sold 3,724 shares at $180.78 per share price.On Nov 5, 2015, Melisa A Miller (EVP & Pres, Card Services) sold 5,100 shares at $295.45 per share price, according to the Form-4 filing with the securities and exchange commission.

Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a variety of industries. The Company operates through three segments: LoyaltyOne which includes the Company’s Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon which provides direct marketing solutions and Private Label Services and Credit 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 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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