Shares of Total System Services, Inc. (NYSE:TSS) have been given a consensus rating of “Buy” by the twenty-nine brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $73.83.

A number of research firms have commented on TSS. Zacks Investment Research downgraded Total System Services from a “buy” rating to a “hold” rating and set a $88.00 target price for the company. in a report on Friday. Mizuho reissued a “hold” rating and issued a $85.00 target price on shares of Total System Services in a report on Thursday. Royal Bank of Canada reissued a “buy” rating and issued a $90.00 target price on shares of Total System Services in a report on Thursday. Robert W. Baird reissued a “buy” rating on shares of Total System Services in a report on Tuesday, September 26th. Finally, Citigroup raised their target price on Total System Services from $71.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, October 25th.

Shares of Total System Services (TSS) traded up $0.52 during midday trading on Monday, hitting $79.94. The company had a trading volume of 1,466,254 shares, compared to its average volume of 1,068,276. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.02. Total System Services has a 52-week low of $49.98 and a 52-week high of $80.51. The firm has a market capitalization of $14,601.07, a P/E ratio of 35.53, a PEG ratio of 1.77 and a beta of 1.10.

Total System Services (NYSE:TSS) last issued its quarterly earnings results 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. Total System Services had a return on equity of 26.25% and a net margin of 8.73%. The firm had revenue of $852.80 million during the quarter, compared to the consensus estimate of $842.30 million. During the same period last year, the company earned $0.71 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. research analysts expect that Total System Services will post 3.2 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Thursday, December 21st were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend was Wednesday, December 20th. Total System Services’s dividend payout ratio is currently 23.11%.

In other news, EVP Patricia A. Watson sold 23,608 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $74.01, for a total value of $1,747,228.08. Following the completion of the transaction, the executive vice president now owns 21,112 shares in the company, valued at $1,562,499.12. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 2.60% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Parametric Portfolio Associates LLC increased its position in Total System Services by 4.7% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 199,363 shares of the credit services provider’s stock worth $13,058,000 after purchasing an additional 8,868 shares in the last quarter. Visionary Asset Management Inc. purchased a new stake in Total System Services during the 3rd quarter worth about $399,000. IFM Investors Pty Ltd purchased a new stake in Total System Services during the 3rd quarter worth about $377,000. Sterling Capital Management LLC increased its position in Total System Services by 1,366.8% during the 3rd quarter. Sterling Capital Management LLC now owns 300,170 shares of the credit services provider’s stock worth $19,661,000 after purchasing an additional 279,706 shares in the last quarter. Finally, Neuberger Berman Group LLC increased its position in Total System Services by 90.9% during the 3rd quarter. Neuberger Berman Group LLC now owns 319,843 shares of the credit services provider’s stock worth $20,950,000 after purchasing an additional 152,268 shares in the last quarter. Institutional investors and hedge funds own 75.93% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was first published by Marea Informative and is the property of of Marea Informative. If you are viewing this news story on another website, it was stolen and reposted in violation of United States & international trademark & copyright law. The original version of this news story can be accessed at https://www.mareainformativa.com/2018/01/29/total-system-services-inc-tss-receives-72-92-average-pt-from-analysts-updated-updated-updated.html.

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.

Analyst Recommendations for Total System Services (NYSE:TSS)

Receive News & Ratings for Total System Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total System Services and related companies with MarketBeat.com's FREE daily email newsletter.