NEW YORK ( TheStreet) -- Alliance Data Systems Corporation (NYSE: ADS) hit a new 52-week high Thursday as it is currently trading at $123, above its previous 52-week high of $122.62 with 128,865 shares traded as of 11:15 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 15.6% year to date as of the close of trading on Wednesday. Alliance Data Systems Corporation provides data-driven and transaction-based marketing, and customer loyalty solutions primarily in the United States and Canada. The company has a P/E ratio of 22, above 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 revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Alliance Data Systems Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.