Wall Street analysts expect Total System Services, Inc. (NYSE:TSS) to report earnings per share (EPS) of $0.78 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Total System Services’ earnings, with estimates ranging from $0.76 to $0.81. Total System Services posted earnings per share of $0.71 in the same quarter last year, which indicates a positive year-over-year growth rate of 9.9%. The company is expected to issue its next earnings report on Tuesday, January 23rd.
On average, analysts expect that Total System Services will report full year earnings of $3.34 per share for the current financial year, with EPS estimates ranging from $3.32 to $3.37. For the next fiscal year, analysts anticipate that the business will report earnings of $3.62 per share, with EPS estimates ranging from $3.52 to $3.69. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Total System Services.
Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.07. The company had revenue of $852.80 million during the quarter, compared to analysts’ expectations of $842.30 million. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. Total System Services’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.71 earnings per share.
Several equities analysts have recently weighed in on TSS shares. Stifel Nicolaus reiterated a “buy” rating and issued a $69.00 target price (up previously from $67.00) on shares of Total System Services in a research note on Wednesday, July 26th. Cowen and Company reiterated an “outperform” rating and set a $67.00 price target on shares of Total System Services in a report on Wednesday, July 26th. Morgan Stanley reiterated an “equal weight” rating and set a $63.00 price target (up from $58.00) on shares of Total System Services in a report on Wednesday, July 26th. Deutsche Bank AG reiterated a “hold” rating and set a $65.00 price target (up from $57.00) on shares of Total System Services in a report on Wednesday, July 26th. Finally, BMO Capital Markets boosted their price objective on shares of Total System Services from $62.90 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $69.36.
A number of large investors have recently bought and sold shares of TSS. Dimensional Fund Advisors LP grew its position in Total System Services by 1.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 882,268 shares of the credit services provider’s stock valued at $47,165,000 after purchasing an additional 11,379 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in shares of Total System Services by 7.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 8,488 shares of the credit services provider’s stock worth $494,000 after purchasing an additional 590 shares during the period. Chevy Chase Trust Holdings Inc. lifted its stake in shares of Total System Services by 0.3% in the 2nd quarter. Chevy Chase Trust Holdings Inc. now owns 142,688 shares of the credit services provider’s stock worth $8,311,000 after purchasing an additional 433 shares during the period. Meeder Asset Management Inc. lifted its stake in shares of Total System Services by 0.5% in the 2nd quarter. Meeder Asset Management Inc. now owns 15,893 shares of the credit services provider’s stock worth $925,000 after purchasing an additional 83 shares during the period. Finally, Mn Services Vermogensbeheer B.V. increased its holdings in Total System Services by 507.5% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 26,802 shares of the credit services provider’s stock worth $1,561,000 after acquiring an additional 22,390 shares in the last quarter. Institutional investors own 76.93% of the company’s stock.
Total System Services (TSS) traded up $0.98 during trading hours on Monday, reaching $74.02. 991,097 shares of the company’s stock were exchanged, compared to its average volume of 1,267,359. Total System Services has a 1-year low of $47.01 and a 1-year high of $74.44. The firm has a market capitalization of $13,496.15, a PE ratio of 23.38, a price-to-earnings-growth ratio of 1.80 and a beta of 1.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03.
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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.
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