Total System Services (TSS) Releases Quarterly Earnings Results
Total System Services (NYSE:TSS) released its earnings data on Tuesday. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.03, Analyst Ratings.Net reports. The company had revenue of $600.80 million for the quarter, compared to the consensus estimate of $615.80 million.
Shares of Total System Services (NYSE:TSS) traded up 0.92% on Tuesday, hitting $30.58. The stock had a trading volume of 1,538,035 shares. Total System Services has a one year low of $21.53 and a one year high of $33.44. The stock has a 50-day moving average of $32.33 and a 200-day moving average of $29.78. The company has a market cap of $5.803 billion and a price-to-earnings ratio of 23.90.
TSS has been the subject of a number of recent research reports. Analysts at Goldman Sachs Group Inc. upgraded shares of Total System Services from a “sell” rating to a “neutral” rating in a research note to investors on Thursday, January 23rd. They now have a $31.00 price target on the stock, up previously from $27.00. On a related note, analysts at Barclays raised their price target on shares of Total System Services from $35.00 to $38.00 in a research note to investors on Tuesday, January 21st. They now have an “overweight” rating on the stock. Finally, analysts at Ned Davis Research upgraded shares of Total System Services from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 30th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company’s stock. Total System Services currently has an average rating of “Buy” and a consensus target price of $33.69.
Total System Services, Inc (NYSE:TSS), is a global payment solutions provider that provides services to financial and nonfinancial institutions.
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