Total System Services (NYSE:TSS)‘s stock had its “hold” rating reissued by equities researchers at Mizuho in a research report issued to clients and investors on Thursday. They presently have a $85.00 price objective on the credit services provider’s stock. Mizuho’s target price points to a potential upside of 7.03% from the stock’s current price.

Several other equities research analysts have also commented on TSS. BMO Capital Markets upped their price target on shares of Total System Services from $70.00 to $77.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Cowen reissued a “buy” rating and set a $67.00 target price on shares of Total System Services in a research note on Thursday, September 7th. Robert W. Baird increased their target price on shares of Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Morgan Stanley increased their target price on shares of Total System Services from $63.00 to $69.00 and gave the stock an “equal weight” rating in a research note on Monday, October 23rd. Finally, Goldman Sachs Group lowered shares of Total System Services from a “buy” rating to a “neutral” rating in a research note on Monday, December 11th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $73.35.

Total System Services (NYSE TSS) traded up $0.64 during midday trading on Thursday, hitting $79.42. The company had a trading volume of 1,033,555 shares, compared to its average volume of 1,305,867. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.03 and a current ratio of 1.03. Total System Services has a 52-week low of $49.98 and a 52-week high of $80.51. The firm has a market cap of $14,428.25, a P/E ratio of 35.30, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10.

Total System Services (NYSE:TSS) last released its earnings results on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share (EPS) for the quarter, beating the 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 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 firm earned $0.71 EPS. The firm’s revenue was up 8.0% on a year-over-year basis. sell-side analysts predict that Total System Services will post 3.2 earnings per share for the current year.

In related news, EVP Patricia A. Watson sold 23,608 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now directly 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 available at this link. Company insiders own 2.60% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. Parametric Portfolio Associates LLC raised its holdings in Total System Services by 4.7% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 199,363 shares of the credit services provider’s stock valued at $13,058,000 after acquiring an additional 8,868 shares during the last quarter. Visionary Asset Management Inc. acquired a new stake in Total System Services in the 3rd quarter valued at about $399,000. IFM Investors Pty Ltd acquired a new stake in Total System Services in the 3rd quarter valued at about $377,000. Sterling Capital Management LLC raised its holdings in Total System Services by 1,366.8% in the 3rd quarter. Sterling Capital Management LLC now owns 300,170 shares of the credit services provider’s stock valued at $19,661,000 after acquiring an additional 279,706 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its holdings in Total System Services by 90.9% in the 3rd quarter. Neuberger Berman Group LLC now owns 319,843 shares of the credit services provider’s stock valued at $20,950,000 after acquiring an additional 152,268 shares during the last quarter. Institutional investors own 75.93% of the company’s stock.

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About Total System Services

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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