Alliance Data Systems Stock Hits New 52-Week High (ADS)

NEW YORK ( TheStreet) -- Alliance Data Systems Corporation (NYSE: ADS) hit a new 52-week high Thursday as it is currently trading at $112.40, above its previous 52-week high of $111.79 with 487,192 shares traded as of 10:20 a.m. ET. Average volume has been 688,500 shares over the past 30 days.

Alliance Data Systems has a market cap of $5.52 billion and is part of the services sector and diversified services industry. Shares are up 6.9% year to date as of the close of trading on Wednesday.

Alliance Data Systems Corporation, together with its subsidiaries, provides data-driven and transaction-based marketing, and customer loyalty solutions primarily in the United States and Canada. The company operates in three segments: LoyaltyOne, Epsilon, and Private Label Services and Credit. The company has a P/E ratio of 21.2, below the average diversified services industry P/E ratio of 21.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Alliance Data Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Alliance Data Systems Ratings Report.

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