Several other research analysts also recently commented on TSS. Wedbush began coverage on Total System Services in a report on Thursday, August 3rd. They set an outperform rating and a $72.00 price objective on the stock. Royal Bank Of Canada began coverage on Total System Services in a report on Monday, August 28th. They set an outperform rating and a $75.00 price objective on the stock. Robert W. Baird restated a buy rating on shares of Total System Services in a report on Tuesday, September 26th. Citigroup Inc. raised their price objective on Total System Services from $71.00 to $78.00 and gave the stock a buy rating in a report on Wednesday, October 25th. Finally, BidaskClub upgraded Total System Services from a buy rating to a strong-buy rating in a report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of Buy and a consensus target price of $69.36.
Total System Services (NYSE:TSS) traded down $0.24 on Thursday, reaching $73.78. The company’s stock had a trading volume of 1,007,771 shares, compared to its average volume of 1,266,740. The stock has a market cap of $13,496.15, a P/E ratio of 23.38, a P/E/G ratio of 1.80 and a beta of 1.11. Total System Services has a one year low of $47.01 and a one year high of $74.44. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03.
Total System Services (NYSE:TSS) last released its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.81 by $0.07. The company had revenue of $852.80 million for the quarter, compared to the consensus estimate of $842.30 million. Total System Services had a return on equity of 26.25% and a net margin of 8.73%. Total System Services’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the business posted $0.71 EPS. equities analysts anticipate that Total System Services will post 3.2 EPS for the current year.
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Institutional investors have recently bought and sold shares of the company. Synovus Financial Corp raised its stake in Total System Services by 1.0% in the 2nd quarter. Synovus Financial Corp now owns 13,709,409 shares of the credit services provider’s stock worth $798,579,000 after acquiring an additional 134,998 shares during the last quarter. Nationwide Fund Advisors raised its stake in Total System Services by 21.4% in the 2nd quarter. Nationwide Fund Advisors now owns 363,203 shares of the credit services provider’s stock worth $21,157,000 after acquiring an additional 64,038 shares during the last quarter. Gotham Asset Management LLC raised its stake in Total System Services by 801.6% in the 2nd quarter. Gotham Asset Management LLC now owns 114,449 shares of the credit services provider’s stock worth $6,667,000 after acquiring an additional 101,755 shares during the last quarter. South Dakota Investment Council purchased a new position in Total System Services in the 2nd quarter worth $711,000. Finally, Aviva PLC raised its stake in Total System Services by 10.6% in the 2nd quarter. Aviva PLC now owns 106,880 shares of the credit services provider’s stock worth $6,227,000 after acquiring an additional 10,240 shares during the last quarter. 76.93% of the stock is owned by hedge funds and other institutional investors.
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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