Total System Services, Inc. (NYSE:TSS) – Stock analysts at First Analysis issued their Q3 2018 earnings estimates for shares of Total System Services in a research note issued on Sunday. First Analysis analyst L. Berlin expects that the credit services provider will post earnings of $0.92 per share for the quarter.

Several other analysts have also issued reports on TSS. Stifel Nicolaus restated a “buy” rating and set a $67.00 price target (up from $65.00) on shares of Total System Services in a research report on Thursday, July 13th. Zacks Investment Research upgraded shares of Total System Services from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research report on Friday, July 14th. BidaskClub upgraded shares of Total System Services from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Cowen and Company restated an “outperform” rating and set a $67.00 price target on shares of Total System Services in a research report on Wednesday, July 26th. Finally, Morgan Stanley restated an “equal weight” rating and set a $63.00 price target (up from $58.00) on shares of Total System Services in a research report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $69.36.

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Shares of Total System Services (TSS) traded up 0.73% on Tuesday, reaching $71.50. The company had a trading volume of 895,350 shares. The company has a market capitalization of $13.17 billion, a PE ratio of 34.69 and a beta of 1.12. Total System Services has a one year low of $47.01 and a one year high of $71.87. The company’s 50-day moving average is $67.53 and its 200-day moving average is $62.53.

Total System Services (NYSE:TSS) last released its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.07. Total System Services had a return on equity of 26.25% and a net margin of 8.73%. The company had revenue of $852.80 million for the quarter, compared to the consensus estimate of $842.30 million. During the same quarter last year, the business posted $0.71 EPS. Total System Services’s revenue for the quarter was up 8.0% on a year-over-year basis.

In other Total System Services news, Director Philip W. Tomlinson sold 220,974 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $63.65, for a total transaction of $14,064,995.10. Following the completion of the transaction, the director now owns 326,200 shares of the company’s stock, valued at $20,762,630. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Paul M. Todd sold 4,057 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $63.50, for a total transaction of $257,619.50. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Synovus Financial Corp increased its stake in shares of Total System Services by 1.0% during the second quarter. Synovus Financial Corp now owns 13,709,409 shares of the credit services provider’s stock valued at $798,579,000 after purchasing an additional 134,998 shares in the last quarter. Nationwide Fund Advisors increased its stake in shares of Total System Services by 21.4% during the second quarter. Nationwide Fund Advisors now owns 363,203 shares of the credit services provider’s stock valued at $21,157,000 after purchasing an additional 64,038 shares in the last quarter. South Dakota Investment Council bought a new position in shares of Total System Services during the second quarter valued at approximately $711,000. Aviva PLC increased its stake in shares of Total System Services by 10.6% during the second quarter. Aviva PLC now owns 106,880 shares of the credit services provider’s stock valued at $6,227,000 after purchasing an additional 10,240 shares in the last quarter. Finally, Gotham Asset Management LLC increased its stake in shares of Total System Services by 801.6% during the second quarter. Gotham Asset Management LLC now owns 114,449 shares of the credit services provider’s stock valued at $6,667,000 after purchasing an additional 101,755 shares in the last quarter. 76.23% of the stock is owned by institutional investors and hedge funds.

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 and Estimates for Total System Services (NYSE:TSS)

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