Total System Services (NYSE:TSS)‘s stock had its “neutral” rating reiterated by analysts at Credit Suisse Group in a research note issued on Wednesday, The Fly reports. They currently have a $87.00 price objective on the credit services provider’s stock, up from their prior price objective of $73.00. Credit Suisse Group’s target price indicates a potential upside of 5.81% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Stifel Nicolaus reaffirmed a “hold” rating and issued a $75.00 target price (up from $69.00) on shares of Total System Services in a research report on Wednesday, October 25th. Jefferies Group reaffirmed a “hold” rating and issued a $59.00 target price on shares of Total System Services in a research report on Thursday, October 12th. Zacks Investment Research raised shares of Total System Services from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research report on Tuesday, September 19th. Barclays raised their target price on shares of Total System Services from $78.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 25th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Total System Services in a research report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $75.19.

Total System Services (NYSE TSS) traded up $0.22 during trading hours on Wednesday, hitting $82.22. 1,095,100 shares of the stock traded hands, compared to its average volume of 1,223,460. Total System Services has a 12-month low of $49.98 and a 12-month high of $82.91. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market cap of $15,220.00, a PE ratio of 36.54, a price-to-earnings-growth ratio of 1.83 and a beta of 1.10.

Total System Services (NYSE:TSS) last posted its earnings results on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.07. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The firm had revenue of $852.80 million during the quarter, compared to analysts’ expectations of $842.30 million. During the same period last year, the company posted $0.71 EPS. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. equities research analysts expect 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 dated Thursday, November 16th. The shares were sold at an average price of $74.01, for a total transaction of $1,747,228.08. Following the completion of the sale, the executive vice president now directly owns 21,112 shares in the company, valued at approximately $1,562,499.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.60% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. Raymond James Trust N.A. grew its stake in shares of Total System Services by 3.9% in the second quarter. Raymond James Trust N.A. now owns 4,993 shares of the credit services provider’s stock worth $291,000 after acquiring an additional 188 shares during the period. Teachers Advisors LLC grew its stake in shares of Total System Services by 14.9% in the second quarter. Teachers Advisors LLC now owns 221,855 shares of the credit services provider’s stock worth $12,923,000 after acquiring an additional 28,784 shares during the period. Norinchukin Bank The grew its stake in shares of Total System Services by 7.2% in the second quarter. Norinchukin Bank The now owns 11,494 shares of the credit services provider’s stock worth $670,000 after acquiring an additional 769 shares during the period. Amalgamated Bank grew its stake in shares of Total System Services by 68.4% in the second quarter. Amalgamated Bank now owns 21,157 shares of the credit services provider’s stock worth $1,232,000 after acquiring an additional 8,596 shares during the period. Finally, ProShare Advisors LLC grew its stake in shares of Total System Services by 1.8% in the second quarter. ProShare Advisors LLC now owns 45,808 shares of the credit services provider’s stock worth $2,668,000 after acquiring an additional 801 shares during the period. Institutional investors and hedge funds own 75.95% 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.

The Fly

Analyst Recommendations for Total System Services (NYSE:TSS)

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