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Shares of Total System Services (NYSE:TSS) have been given an average rating of “Buy” by the nineteen brokerages that are currently covering the stock, reports. Seven research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $34.57.

TSS has been the subject of a number of recent research reports. Analysts at Zacks reiterated an “outperform” rating on shares of Total System Services in a research note on Wednesday, July 23rd. They now have a $38.00 price target on the stock. Separately, analysts at Credit Suisse downgraded shares of Total System Services from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 23rd. Finally, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Total System Services in a research note on Tuesday, July 8th.

Shares of Total System Services (NYSE:TSS) opened at 31.51 on Tuesday. Total System Services has a one year low of $27.00 and a one year high of $33.44. The stock has a 50-day moving average of $31.77 and a 200-day moving average of $30.81. The company has a market cap of $5.851 billion and a price-to-earnings ratio of 20.84.

Total System Services (NYSE:TSS) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. The company had revenue of $602.00 million for the quarter, compared to the consensus estimate of $595.70 million. During the same quarter in the previous year, the company posted $0.34 earnings per share. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. Analysts expect that Total System Services will post $1.91 EPS for the current fiscal year.

In other Total System Services news, Director Richard W. Ussery sold 62,963 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $31.62, for a total transaction of $1,990,890.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Total System Services, Inc (NYSE:TSS), is a global payment solutions provider that provides services to financial and nonfinancial institutions.

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