Total System Services, Inc. (NYSE:TSS) issued its quarterly earnings results on Monday. The credit services provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.07, Bloomberg Earnings reports. Total System Services had a return on equity of 25.49% and a net margin of 8.78%. The firm had revenue of $852.80 million for the quarter, compared to the consensus estimate of $842.30 million. During the same period in the prior year, the business posted $0.71 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis.

Shares of Total System Services (NYSE:TSS) traded up 0.04% during mid-day trading on Tuesday, reaching $68.18. The company’s stock had a trading volume of 1,135,955 shares. The stock has a market cap of $12.56 billion, a P/E ratio of 33.08 and a beta of 1.12. The stock has a 50 day moving average of $67.36 and a 200-day moving average of $61.89. Total System Services has a one year low of $47.01 and a one year high of $70.62.

TSS has been the topic of several recent analyst reports. Cowen and Company reiterated an “outperform” rating and issued a $67.00 price target on shares of Total System Services in a report on Wednesday, July 26th. BidaskClub upgraded Total System Services from a “buy” rating to a “strong-buy” rating in a report on Friday, August 18th. KeyCorp reiterated an “overweight” rating on shares of Total System Services in a report on Thursday, August 31st. Zacks Investment Research upgraded Total System Services from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a report on Wednesday, August 30th. Finally, Stifel Nicolaus downgraded Total System Services from a “buy” rating to a “hold” rating and set a $69.00 price target on the stock. in a report on Tuesday, September 19th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $66.70.

In other news, EVP G Sanders Griffith III sold 18,472 shares of the company’s stock in a transaction on Friday, July 28th. The stock was sold at an average price of $63.25, for a total transaction of $1,168,354.00. Following the sale, the executive vice president now owns 187,684 shares of the company’s stock, valued at $11,871,013. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Philip W. Tomlinson sold 220,974 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $63.65, for a total value of $14,064,995.10. Following the sale, the director now directly owns 326,200 shares in the company, valued at approximately $20,762,630. The disclosure for this sale can be found here. Insiders have sold 243,503 shares of company stock worth $15,490,969 in the last ninety days. Corporate insiders own 2.60% of the company’s stock.

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Total System Services Company Profile

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.

Earnings History for Total System Services (NYSE:TSS)

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