Total System Services (NYSE:TSS) received a $102.00 target price from investment analysts at BMO Capital Markets in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the credit services provider’s stock. BMO Capital Markets’ target price would suggest a potential upside of 14.68% from the company’s previous close.
A number of other equities analysts have also issued reports on the company. Robert W. Baird raised their target price on Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Zacks Investment Research upgraded Total System Services from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a research note on Friday, December 15th. Goldman Sachs Group lowered Total System Services from a “buy” rating to a “neutral” rating in a research note on Monday, December 11th. Morgan Stanley lifted their price objective on Total System Services from $63.00 to $69.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. Finally, Mizuho reiterated a “hold” rating and set a $80.00 price objective on shares of Total System Services in a research note on Monday, December 18th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $81.46.
Shares of Total System Services (NYSE TSS) traded up $0.66 on Wednesday, hitting $88.94. The stock had a trading volume of 1,256,874 shares, compared to its average volume of 1,167,145. Total System Services has a 12-month low of $49.98 and a 12-month high of $89.26. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.03 and a current ratio of 1.09. The stock has a market cap of $16,229.94, a price-to-earnings ratio of 28.15, a PEG ratio of 1.93 and a beta of 1.10.
Total System Services (NYSE:TSS) last issued its earnings results on Tuesday, January 23rd. The credit services provider reported $0.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.03. The company had revenue of $870.61 million during the quarter, compared to analyst estimates of $848.20 million. Total System Services had a return on equity of 26.21% and a net margin of 11.90%. The firm’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the business posted $0.71 EPS. research analysts forecast that Total System Services will post 3.59 earnings per share for the current fiscal year.
In other news, EVP Patricia A. Watson sold 23,608 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $74.01, for a total transaction of $1,747,228.08. Following 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is owned by company insiders.
Large investors have recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new position in shares of Total System Services in the fourth quarter worth $109,000. TLP Group LLC acquired a new position in Total System Services in the second quarter valued at $122,000. Cahaba Wealth Management Inc. acquired a new position in Total System Services in the fourth quarter valued at $208,000. Parkwood LLC acquired a new position in Total System Services in the third quarter valued at $200,000. Finally, Reliance Trust Co. acquired a new position in Total System Services in the third quarter valued at $211,000. Hedge funds and other institutional investors own 76.02% 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.