Press coverage about TSYS (NYSE:TSS) has been trending somewhat positive on Friday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TSYS earned a news impact score of 0.21 on Accern’s scale. Accern also gave news stories about the credit services provider an impact score of 47.2136945309147 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Consumers keen on digital payments, TSYS study finds (atmmarketplace.com)
- TSYS (TSS) Earns Hold Rating from Stifel Nicolaus (americanbankingnews.com)
- TSYS (TSS) Price Target Raised to $77.00 (americanbankingnews.com)
- TSYS (TSS) Given New $75.00 Price Target at Stephens (americanbankingnews.com)
- Mashreq Bank completes TSYS’ Prime implementation for a merchant-friendly payments platform (ibsintelligence.com)
Several research analysts have weighed in on TSS shares. Zacks Investment Research upgraded shares of TSYS from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research report on Friday, December 15th. Wells Fargo set a $95.00 target price on shares of TSYS and gave the company a “buy” rating in a research note on Wednesday, January 24th. Mizuho reissued a “hold” rating and issued a $80.00 price objective on shares of TSYS in a research note on Monday, December 18th. Robert W. Baird restated a “buy” rating and issued a $84.00 target price on shares of TSYS in a report on Friday, December 15th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $91.00 target price on shares of TSYS in a report on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $83.00.
TSYS (NYSE:TSS) last issued its quarterly earnings results on Tuesday, January 23rd. The credit services provider reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.03. The business had revenue of $870.61 million for the quarter, compared to analysts’ expectations of $848.20 million. TSYS had a net margin of 11.90% and a return on equity of 26.50%. The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share. equities research analysts anticipate that TSYS will post 3.96 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Monday, April 2nd. Investors of record on Thursday, March 22nd were issued a $0.13 dividend. The ex-dividend date was Wednesday, March 21st. This represents a $0.52 annualized dividend and a yield of 0.61%. TSYS’s dividend payout ratio (DPR) is 16.15%.
In other news, Director Philip W. Tomlinson sold 234,759 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $88.49, for a total transaction of $20,773,823.91. Following the transaction, the director now directly owns 331,250 shares in the company, valued at $29,312,312.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Dorenda K. Weaver sold 2,686 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $87.81, for a total transaction of $235,857.66. Following the transaction, the executive vice president now owns 49,367 shares in the company, valued at $4,334,916.27. The disclosure for this sale can be found here. In the last three months, insiders have sold 692,200 shares of company stock worth $59,978,168. 2.40% of the stock is owned by corporate insiders.
Total System Services, Inc provides payment processing, merchant, and related payment services to financial and nonfinancial institutions worldwide. The company operates through three segments: Merchant Solutions, Issuer Solutions, and Netspend. It offers general purpose reloadable prepaid and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers and businesses.
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