Wall Street brokerages expect that Total System Services, Inc. (NYSE:TSS) will report earnings per share of $0.99 for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Total System Services’ earnings, with estimates ranging from $0.92 to $1.03. Total System Services reported earnings per share of $0.82 in the same quarter last year, which would suggest a positive year over year growth rate of 20.7%. The company is expected to report its next earnings report on Tuesday, April 24th.
On average, analysts expect that Total System Services will report full-year earnings of $4.17 per share for the current financial year, with EPS estimates ranging from $4.10 to $4.25. For the next year, analysts anticipate that the company will post earnings of $4.70 per share, with EPS estimates ranging from $4.39 to $5.05. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Total System Services.
Total System Services (NYSE:TSS) last released its quarterly earnings results on Tuesday, January 23rd. The credit services provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.03. Total System Services had a return on equity of 26.50% and a net margin of 11.90%. The company had revenue of $870.61 million during the quarter, compared to analysts’ expectations of $848.20 million. During the same quarter in the prior year, the firm posted $0.71 EPS. Total System Services’s quarterly revenue was up 10.8% compared to the same quarter last year.
In related news, CFO Paul M. Todd sold 11,900 shares of the stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $87.81, for a total value of $1,044,939.00. Following the completion of the transaction, the chief financial officer now directly owns 47,017 shares in the company, valued at $4,128,562.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Dorenda K. Weaver sold 24,160 shares of the stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $90.11, for a total value of $2,177,057.60. Following the completion of the transaction, the chief accounting officer now owns 54,969 shares of the company’s stock, valued at $4,953,256.59. The disclosure for this sale can be found here. Insiders sold 692,200 shares of company stock valued at $59,978,168 over the last quarter. 2.60% of the stock is currently owned by company insiders.
A number of institutional investors have recently modified their holdings of TSS. Acadian Asset Management LLC purchased a new position in shares of Total System Services during the fourth quarter worth $109,000. Tower Research Capital LLC TRC boosted its position in shares of Total System Services by 463.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,295 shares of the credit services provider’s stock worth $181,000 after buying an additional 1,888 shares during the period. Two Sigma Securities LLC purchased a new position in shares of Total System Services during the fourth quarter worth $203,000. Cahaba Wealth Management Inc. purchased a new position in shares of Total System Services during the fourth quarter worth $208,000. Finally, PHH Investments Ltd. purchased a new position in shares of Total System Services during the fourth quarter worth $209,000. Institutional investors own 76.51% of the company’s stock.
Total System Services (NYSE:TSS) opened at $89.51 on Wednesday. Total System Services has a fifty-two week low of $50.96 and a fifty-two week high of $90.74. The company has a market capitalization of $16,270.00, a P/E ratio of 36.84, a price-to-earnings-growth ratio of 1.57 and a beta of 1.11. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.17.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Thursday, March 22nd will be given a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, March 21st. This represents a $0.52 annualized dividend and a yield of 0.58%. Total System Services’s payout ratio is 21.40%.
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.
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