Total System Services’ (NYSE:TSS) “Buy” Rating Reaffirmed at Stephens

Total System Services (NYSE:TSS)‘s stock had its “buy” rating reiterated by Stephens in a report released on Wednesday, January 10th. They presently have a $88.00 price objective on the credit services provider’s stock. Stephens’ price target would suggest a potential upside of 7.03% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Stifel Nicolaus reissued a “hold” rating and set 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 restated a “hold” rating and set a $59.00 price target on shares of Total System Services in a research note on Thursday, October 12th. Zacks Investment Research upgraded shares of Total System Services from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a research note on Tuesday, September 19th. Barclays upped their price target on shares of Total System Services from $78.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, October 25th. Finally, Robert W. Baird restated a “buy” rating on shares of Total System Services in a research note on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $74.04.

Shares of Total System Services (TSS) opened at $82.22 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.02. The company has a market cap of $15,075.39, a PE ratio of 36.54, a PEG ratio of 1.83 and a beta of 1.10. Total System Services has a 52-week low of $49.98 and a 52-week high of $82.91.

Total System Services (NYSE:TSS) last issued its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $852.80 million during the quarter, compared to the consensus estimate of $842.30 million. During the same period in the prior year, the firm posted $0.71 EPS. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. research analysts anticipate that Total System Services will post 3.2 EPS for the current year.

In other news, EVP Patricia A. Watson sold 23,608 shares of the firm’s stock in a transaction on 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 sale, the executive vice president now owns 21,112 shares in the company, valued at approximately $1,562,499.12. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 2.60% of the company’s stock.

A number of institutional investors have recently made changes to their positions in TSS. Federated Investors Inc. PA grew its holdings in Total System Services by 373.6% in the 2nd quarter. Federated Investors Inc. PA now owns 19,641 shares of the credit services provider’s stock worth $1,144,000 after acquiring an additional 15,494 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Total System Services by 3.3% in the 2nd quarter. American Century Companies Inc. now owns 19,203 shares of the credit services provider’s stock worth $1,119,000 after purchasing an additional 620 shares during the period. Pacer Advisors Inc. lifted its position in shares of Total System Services by 8.2% in the 2nd quarter. Pacer Advisors Inc. now owns 3,891 shares of the credit services provider’s stock worth $227,000 after purchasing an additional 294 shares during the period. State of Tennessee Treasury Department lifted its position in shares of Total System Services by 0.6% in the 2nd quarter. State of Tennessee Treasury Department now owns 45,301 shares of the credit services provider’s stock worth $2,639,000 after purchasing an additional 257 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Total System Services by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,305 shares of the credit services provider’s stock worth $717,000 after purchasing an additional 64 shares during the period. 75.95% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Total System Services (NYSE:TSS)

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