Total System Services (NYSE:TSS)‘s stock had its “buy” rating reiterated by stock analysts at Royal Bank of Canada in a research report issued to clients and investors on Thursday. They currently have a $90.00 target price on the credit services provider’s stock. Royal Bank of Canada’s target price would suggest a potential upside of 13.32% from the company’s current price.

TSS has been the subject of a number of other research reports. Stephens raised their price target on shares of Total System Services from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, October 25th. Zacks Investment Research upgraded shares of Total System Services from a “hold” rating to a “buy” rating and set a $86.00 target price for the company in a report on Friday, December 15th. Barclays lifted their target price on shares of Total System Services from $72.00 to $78.00 and gave the company an “overweight” rating in a report on Wednesday, October 11th. Morgan Stanley reiterated a “hold” rating on shares of Total System Services in a report on Thursday, November 16th. Finally, Robert W. Baird lifted their target price on shares of Total System Services from $76.00 to $78.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. Total System Services presently has an average rating of “Buy” and an average price target of $73.35.

Shares of Total System Services (NYSE TSS) traded up $0.64 during midday trading on Thursday, hitting $79.42. 1,033,555 shares of the stock were exchanged, compared to its average volume of 1,305,867. The firm has a market cap of $14,428.25, a P/E ratio of 35.30, a P/E/G ratio of 1.75 and a beta of 1.10. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03. Total System Services has a fifty-two week low of $49.98 and a fifty-two week high of $80.51.

Total System Services (NYSE:TSS) last announced its quarterly earnings results on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.07. The business had revenue of $852.80 million during the quarter, compared to the consensus estimate of $842.30 million. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The business’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 EPS. equities research analysts forecast that Total System Services will post 3.2 earnings per share for the current fiscal year.

In other Total System Services news, EVP Patricia A. Watson sold 23,608 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $74.01, for a total value of $1,747,228.08. Following the completion of the transaction, the executive vice president now owns 21,112 shares of the company’s stock, valued at approximately $1,562,499.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.60% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in TSS. Bronfman E.L. Rothschild L.P. lifted its position in shares of Total System Services by 13.2% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,959 shares of the credit services provider’s stock worth $114,000 after purchasing an additional 228 shares during the last quarter. Acrospire Investment Management LLC lifted its position in shares of Total System Services by 122.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,000 shares of the credit services provider’s stock worth $117,000 after purchasing an additional 1,100 shares during the last quarter. TLP Group LLC purchased a new stake in shares of Total System Services during the 2nd quarter worth $122,000. Parkwood LLC purchased a new stake in shares of Total System Services during the 3rd quarter worth $200,000. Finally, Reliance Trust Co. purchased a new stake in shares of Total System Services during the 3rd quarter worth $211,000. 75.93% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Total System Services (NYSE:TSS)

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