Q1 2018 Earnings Forecast for Total System Services, Inc. Issued By Wedbush (TSS)

Total System Services, Inc. (NYSE:TSS) – Research analysts at Wedbush raised their Q1 2018 earnings per share estimates for Total System Services in a note issued to investors on Tuesday. Wedbush analyst M. Katri now expects that the credit services provider will earn $0.83 per share for the quarter, up from their previous estimate of $0.80. Wedbush has a “Outperform” rating and a $72.00 price objective on the stock. Wedbush also issued estimates for Total System Services’ FY2018 earnings at $3.47 EPS, Q1 2019 earnings at $0.92 EPS, Q2 2019 earnings at $1.02 EPS, Q3 2019 earnings at $1.00 EPS and FY2019 earnings at $3.86 EPS.

Total System Services (NYSE:TSS) last released its quarterly earnings results on Tuesday, July 25th. The credit services provider reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.05. Total System Services had a return on equity of 25.49% and a net margin of 8.78%. The firm had revenue of $844.07 million for the quarter, compared to the consensus estimate of $842.57 million. During the same quarter last year, the business posted $0.74 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis.

TRADEMARK VIOLATION WARNING: “Q1 2018 Earnings Forecast for Total System Services, Inc. Issued By Wedbush (TSS)” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/10/20/q1-2018-earnings-forecast-for-total-system-services-inc-issued-by-wedbush-tss.html.

TSS has been the topic of several other research reports. Keefe, Bruyette & Woods reiterated a “buy” rating on shares of Total System Services in a report on Thursday, July 27th. Cowen and Company reiterated a “buy” rating and set a $67.00 price objective on shares of Total System Services in a report on Thursday, September 7th. BMO Capital Markets reiterated an “outperform” rating and set a $67.00 price objective (up previously from $64.00) on shares of Total System Services in a report on Thursday, June 22nd. Stifel Nicolaus reiterated a “buy” rating and set a $67.00 price objective (up previously from $65.00) on shares of Total System Services in a report on Thursday, July 13th. Finally, Wells Fargo & Co upped their price objective on shares of Total System Services from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $66.43.

Total System Services (NYSE TSS) traded up 0.65% during mid-day trading on Wednesday, hitting $67.77. The company’s stock had a trading volume of 791,553 shares. The firm has a market cap of $12.49 billion, a price-to-earnings ratio of 32.88 and a beta of 1.12. The firm has a 50 day moving average of $67.41 and a 200-day moving average of $61.54. Total System Services has a 52-week low of $46.88 and a 52-week high of $70.62.

A number of large investors have recently bought and sold shares of TSS. Ameriprise Financial Inc. grew its position in shares of Total System Services by 422.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,395,728 shares of the credit services provider’s stock valued at $256,053,000 after acquiring an additional 3,553,887 shares during the period. Janus Henderson Group PLC grew its position in shares of Total System Services by 7,710.6% during 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 acquiring an additional 1,712,903 shares during the period. Point72 Asset Management L.P. grew its position in shares of Total System Services by 71.6% during the 1st quarter. Point72 Asset Management L.P. now owns 2,386,830 shares of the credit services provider’s stock valued at $127,600,000 after acquiring an additional 996,260 shares during the period. Wells Fargo & Company MN grew its position in shares of Total System Services by 26.5% during the 2nd quarter. Wells Fargo & Company MN now owns 3,222,462 shares of the credit services provider’s stock valued at $187,708,000 after acquiring an additional 675,452 shares during the period. Finally, Prudential Financial Inc. grew its position in shares of Total System Services by 160.2% during the 2nd quarter. Prudential Financial Inc. now owns 1,091,132 shares of the credit services provider’s stock valued at $63,558,000 after acquiring an additional 671,800 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

In other Total System Services news, EVP G Sanders Griffith III sold 18,472 shares of the stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $63.25, for a total value of $1,168,354.00. Following the completion of the sale, the executive vice president now owns 187,684 shares in the company, valued at approximately $11,871,013. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Philip W. Tomlinson sold 220,974 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $63.65, for a total transaction of $14,064,995.10. Following the completion of the sale, the director now owns 326,200 shares of the company’s stock, valued at approximately $20,762,630. The disclosure for this sale can be found here. In the last quarter, insiders sold 243,503 shares of company stock valued at $15,490,969. Company insiders own 2.60% of the company’s stock.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 29th were paid a $0.13 dividend. This is a positive change from Total System Services’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, September 20th. This represents a $0.52 annualized dividend and a yield of 0.77%. Total System Services’s dividend payout ratio (DPR) is 25.37%.

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

Total System Services, Inc. (NYSE:TSS) – Research analysts at Wedbush raised their Q1 2018 earnings per share estimates for Total System Services in a note issued to investors on Tuesday. Wedbush analyst M. Katri now expects that the credit services provider will earn $0.83 per share for the quarter, up from their previous estimate of $0.80. Wedbush has a “Outperform” rating and a $72.00 price objective on the stock. Wedbush also issued estimates for Total System Services’ FY2018 earnings at $3.47 EPS, Q1 2019 earnings at $0.92 EPS, Q2 2019 earnings at $1.02 EPS, Q3 2019 earnings at $1.00 EPS and FY2019 earnings at $3.86 EPS.

Total System Services (NYSE:TSS) last released its quarterly earnings results on Tuesday, July 25th. The credit services provider reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.05. Total System Services had a return on equity of 25.49% and a net margin of 8.78%. The firm had revenue of $844.07 million for the quarter, compared to the consensus estimate of $842.57 million. During the same quarter last year, the business posted $0.74 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis.

TRADEMARK VIOLATION WARNING: “Q1 2018 Earnings Forecast for Total System Services, Inc. Issued By Wedbush (TSS)” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/10/20/q1-2018-earnings-forecast-for-total-system-services-inc-issued-by-wedbush-tss.html.

TSS has been the topic of several other research reports. Keefe, Bruyette & Woods reiterated a “buy” rating on shares of Total System Services in a report on Thursday, July 27th. Cowen and Company reiterated a “buy” rating and set a $67.00 price objective on shares of Total System Services in a report on Thursday, September 7th. BMO Capital Markets reiterated an “outperform” rating and set a $67.00 price objective (up previously from $64.00) on shares of Total System Services in a report on Thursday, June 22nd. Stifel Nicolaus reiterated a “buy” rating and set a $67.00 price objective (up previously from $65.00) on shares of Total System Services in a report on Thursday, July 13th. Finally, Wells Fargo & Co upped their price objective on shares of Total System Services from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $66.43.

Total System Services (NYSE TSS) traded up 0.65% during mid-day trading on Wednesday, hitting $67.77. The company’s stock had a trading volume of 791,553 shares. The firm has a market cap of $12.49 billion, a price-to-earnings ratio of 32.88 and a beta of 1.12. The firm has a 50 day moving average of $67.41 and a 200-day moving average of $61.54. Total System Services has a 52-week low of $46.88 and a 52-week high of $70.62.

A number of large investors have recently bought and sold shares of TSS. Ameriprise Financial Inc. grew its position in shares of Total System Services by 422.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,395,728 shares of the credit services provider’s stock valued at $256,053,000 after acquiring an additional 3,553,887 shares during the period. Janus Henderson Group PLC grew its position in shares of Total System Services by 7,710.6% during 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 acquiring an additional 1,712,903 shares during the period. Point72 Asset Management L.P. grew its position in shares of Total System Services by 71.6% during the 1st quarter. Point72 Asset Management L.P. now owns 2,386,830 shares of the credit services provider’s stock valued at $127,600,000 after acquiring an additional 996,260 shares during the period. Wells Fargo & Company MN grew its position in shares of Total System Services by 26.5% during the 2nd quarter. Wells Fargo & Company MN now owns 3,222,462 shares of the credit services provider’s stock valued at $187,708,000 after acquiring an additional 675,452 shares during the period. Finally, Prudential Financial Inc. grew its position in shares of Total System Services by 160.2% during the 2nd quarter. Prudential Financial Inc. now owns 1,091,132 shares of the credit services provider’s stock valued at $63,558,000 after acquiring an additional 671,800 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

In other Total System Services news, EVP G Sanders Griffith III sold 18,472 shares of the stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $63.25, for a total value of $1,168,354.00. Following the completion of the sale, the executive vice president now owns 187,684 shares in the company, valued at approximately $11,871,013. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Philip W. Tomlinson sold 220,974 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $63.65, for a total transaction of $14,064,995.10. Following the completion of the sale, the director now owns 326,200 shares of the company’s stock, valued at approximately $20,762,630. The disclosure for this sale can be found here. In the last quarter, insiders sold 243,503 shares of company stock valued at $15,490,969. Company insiders own 2.60% of the company’s stock.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 29th were paid a $0.13 dividend. This is a positive change from Total System Services’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, September 20th. This represents a $0.52 annualized dividend and a yield of 0.77%. Total System Services’s dividend payout ratio (DPR) is 25.37%.

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.

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

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