Total System Services, Inc. (TSS) Expected to Earn Q1 2018 Earnings of $0.91 Per Share

Total System Services, Inc. (NYSE:TSS) – Investment analysts at Wedbush boosted their Q1 2018 earnings estimates for Total System Services in a report issued on Wednesday. Wedbush analyst M. Katri now expects that the credit services provider will post earnings of $0.91 per share for the quarter, up from their previous forecast of $0.80. Wedbush currently has a “Outperform” rating and a $100.00 price target on the stock. Wedbush also issued estimates for Total System Services’ Q2 2018 earnings at $1.04 EPS, Q4 2018 earnings at $0.98 EPS, FY2018 earnings at $3.99 EPS, Q1 2019 earnings at $1.06 EPS, Q2 2019 earnings at $1.20 EPS, Q3 2019 earnings at $1.24 EPS, Q4 2019 earnings at $1.15 EPS and FY2019 earnings at $4.65 EPS.

Several other research analysts also recently commented on TSS. Barclays raised their price target on shares of Total System Services from $72.00 to $78.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 11th. Jefferies Group reaffirmed a “hold” rating and issued a $59.00 price target on shares of Total System Services in a research note on Thursday, October 12th. Robert W. Baird reaffirmed a “buy” rating and issued a $76.00 price target on shares of Total System Services in a research note on Thursday, October 12th. Morgan Stanley raised their price target 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, Stifel Nicolaus reiterated a “hold” rating and set a $75.00 target price (up from $69.00) on shares of Total System Services in a report on Wednesday, October 25th. One research 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 has a consensus rating of “Buy” and an average target price of $81.46.

Total System Services (TSS) opened at $88.94 on Monday. The company has a market cap of $16,229.94, a PE ratio of 28.15, a P/E/G ratio of 1.93 and a beta of 1.10. Total System Services has a 12 month low of $49.98 and a 12 month high of $89.26. The company has a quick ratio of 1.03, a current ratio of 1.09 and a debt-to-equity ratio of 1.12.

Total System Services (NYSE:TSS) last posted its quarterly earnings results on Tuesday, January 23rd. The credit services provider reported $0.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.03. The company had revenue of $870.61 million for the quarter, compared to the consensus estimate of $848.20 million. Total System Services had a net margin of 11.90% and a return on equity of 26.21%. The firm’s revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 EPS.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Thursday, December 21st were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend was Wednesday, December 20th. Total System Services’s dividend payout ratio is currently 16.46%.

In other 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 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 Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is currently owned by company insiders.

Several large investors have recently added to or reduced their stakes in TSS. Janus Henderson Group PLC boosted its holdings in shares of Total System Services by 7,710.6% in the 2nd quarter. Janus Henderson Group PLC now owns 1,735,118 shares of the credit services provider’s stock valued at $101,071,000 after buying an additional 1,712,903 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Total System Services by 5,111.9% in the 3rd quarter. American Century Companies Inc. now owns 1,000,833 shares of the credit services provider’s stock valued at $65,555,000 after buying an additional 981,630 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Total System Services by 21.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 3,610,449 shares of the credit services provider’s stock valued at $210,308,000 after buying an additional 649,271 shares in the last quarter. Lord Abbett & CO. LLC boosted its holdings in shares of Total System Services by 480.0% in the 2nd quarter. Lord Abbett & CO. LLC now owns 743,682 shares of the credit services provider’s stock valued at $43,319,000 after buying an additional 615,470 shares in the last quarter. Finally, Sterling Capital Management LLC boosted its holdings in shares of 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 buying an additional 279,706 shares in the last quarter. Institutional investors and hedge funds 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.

Earnings History and Estimates for Total System Services (NYSE:TSS)

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