Several analysts have recently updated their ratings and price targets for Total System Services (NYSE: TSS):

  • 7/16/2017 – Total System Services was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/14/2017 – Total System Services was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $67.00 price target on the stock. According to Zacks, “Total System is set to benefit from its robust NetSpend business, while the TransFirst acquisition supports its merchant acquiring business. A number of acquisitions made by it have contributed to overall growth. For 2017, the company increased its earnings guidance. Management anticipates adjusted EPS to grow about 13-17% y/y. The shares have, however gained 24% year to date, outperforming the Zacks categorized Financial Transaction Services industry that has gained 19% over the same time frame. However, the company suffers from stiff competition and huge cash outlays on acquisition. Further, the new rules aimed to boost consumer protections for prepaid accounts and cards are likely to hurt the company's top line, with 2018 revenue to be down by about $30–$40 million.”
  • 7/13/2017 – Total System Services had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $67.00 price target on the stock, up previously from $65.00.
  • 6/30/2017 – Total System Services is now covered by analysts at Northcoast Research. They set a “neutral” rating on the stock.
  • 6/28/2017 – Total System Services was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Total System is set to benefit from its robust NetSpend business, while the TransFirst acquisition supports its merchant acquiring business. A number of acquisitions made by it have contributed to overall growth. For 2017, the company increased its earnings guidance. Management anticipates adjusted EPS to grow about 13-17% y/y. The shares have, however gained 20% year to date, outperforming the Zacks categorized Financial Transaction Services industry that has gained 18% over the same time frame. However, the company suffers from stiff competition and huge cash outlays on acquisition. Further, the new rules aimed to boost consumer protections for prepaid accounts and cards are likely to hurt the company's top line, with 2018 revenue to be down by about $30–$40 million.”
  • 6/27/2017 – Total System Services is now covered by analysts at Mizuho. They set a “neutral” rating and a $63.00 price target on the stock.
  • 6/22/2017 – Total System Services had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $67.00 price target on the stock, up previously from $64.00.
  • 6/11/2017 – Total System Services had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a $72.00 price target on the stock, up previously from $67.00.
  • 6/10/2017 – Total System Services was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/6/2017 – Total System Services had its price target raised by analysts at Instinet from $61.00 to $66.00. They now have a “buy” rating on the stock.
  • 6/2/2017 – Total System Services was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Total System is set to benefit from its robust NetSpend business, while the TransFirst acquisition supports its merchant acquiring business. A number of acquisitions made by it have contributed to overall growth. For 2017, the company increased its earnings guidance. Management anticipates adjusted EPS to grow about 13-17% y/y. The shares have gained 21% year to date, outperforming the Zacks categorized Financial Transaction Services industry that has gained 17% over the same time frame. However, the company suffers from stiff competition and huge cash outlays on acquisition. Further, the new rules aimed to boost consumer protections for prepaid accounts and cards are likely to hurt the company's top line, with 2018 revenue to be down by about $30–$40 million.”
  • 5/31/2017 – Total System Services was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $67.00 price target on the stock. According to Zacks, “Total System is set to benefit from its robust NetSpend business, while the TransFirst acquisition supports its merchant acquiring business. A number of acquisitions made by it have contributed to overall growth. For 2017, the company increased its earnings guidance. Management anticipates adjusted EPS to grow about 13-17% y/y. The shares have gained 21% year to date, outperforming the Zacks categorized Financial Transaction Services industry that has gained 17% over the same time frame. However, the company suffers from stiff competition and huge cash outlays on acquisition. Further, the new rules aimed to boost consumer protections for prepaid accounts and cards are likely to hurt the company's top line, with 2018 revenue to be down by about $30–$40 million.”
  • 5/25/2017 – Total System Services had its price target raised by analysts at Barclays PLC from $65.00 to $67.00. They now have an “overweight” rating on the stock.

Total System Services, Inc. (NYSE:TSS) opened at 60.50 on Tuesday. The company has a market capitalization of $11.13 billion, a price-to-earnings ratio of 33.37 and a beta of 1.13. Total System Services, Inc. has a 12-month low of $46.22 and a 12-month high of $61.42. The firm has a 50-day moving average of $58.96 and a 200 day moving average of $54.70.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, April 25th. The credit services provider reported $0.79 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.02. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Total System Services had a net margin of 7.86% and a return on equity of 25.16%. Total System Services’s revenue for the quarter was up 62.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.66 earnings per share. Analysts expect that Total System Services, Inc. will post $3.24 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 3rd. Investors of record on Thursday, June 22nd were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend was Tuesday, June 20th. Total System Services’s dividend payout ratio (DPR) is 22.10%.

In related news, Chairman M Troy Woods sold 6,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of $57.30, for a total value of $372,450.00. Following the transaction, the chairman now directly owns 285,966 shares in the company, valued at $16,385,851.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Richard W. Ussery sold 48,000 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $59.19, for a total transaction of $2,841,120.00. Following the completion of the transaction, the director now owns 219,968 shares in the company, valued at $13,019,905.92. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by corporate insiders.

Total System Services, Inc (TSYS) is a payment solutions provider that provides payment processing services, merchant services and related payment services to financial and non-financial institutions. The Company’s segments include North America Services, Merchant Services, NetSpend and International Services.

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