Analysts expect that Total System Services, Inc. (NYSE:TSS) will post $1.22 billion in sales for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Total System Services’ earnings. Total System Services reported sales of $1.13 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 8%. The company is scheduled to report its next quarterly earnings results after the market closes on Tuesday, January 23rd.

According to Zacks, analysts expect that Total System Services will report full-year sales of $1.22 billion for the current year, with estimates ranging from $4.87 billion to $4.88 billion. For the next year, analysts expect that the company will report sales of $5.19 billion per share, with estimates ranging from $5.13 billion to $5.31 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Total System Services.

Total System Services (NYSE:TSS) last issued its earnings results on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.07. The company had revenue of $852.80 million for 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%. The firm’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.71 EPS.

A number of equities analysts recently commented on TSS shares. Bank of America started coverage on shares of Total System Services in a research report on Tuesday, September 12th. They issued an “underperform” rating and a $64.00 target price on the stock. Zacks Investment Research cut shares of Total System Services from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. Stifel Nicolaus cut shares of Total System Services from a “buy” rating to a “hold” rating and set a $69.00 price objective on the stock. in a research report on Tuesday, September 19th. Stephens restated an “overweight” rating and issued a $70.00 price objective on shares of Total System Services in a research report on Tuesday, September 26th. Finally, Robert W. Baird restated a “buy” rating on shares of Total System Services in a research report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $73.42.

Total System Services (TSS) opened at $79.94 on Friday. The company has a market cap of $14,696.65, a price-to-earnings ratio of 25.46, a P/E/G ratio of 1.79 and a beta of 1.10. Total System Services has a 52-week low of $49.98 and a 52-week high of $80.51. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03.

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

In other news, EVP Patricia A. Watson sold 23,608 shares of Total System Services stock in a transaction dated 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 of the company’s stock, valued at approximately $1,562,499.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.60% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Total System Services by 13.2% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,959 shares of the credit services provider’s stock valued at $114,000 after purchasing an additional 228 shares in the last quarter. Acrospire Investment Management LLC boosted its stake in shares of Total System Services by 122.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,000 shares of the credit services provider’s stock valued at $117,000 after purchasing an additional 1,100 shares in the last quarter. TLP Group LLC bought a new stake in shares of Total System Services during the 2nd quarter valued at about $122,000. Parkwood LLC bought a new stake in shares of Total System Services during the 3rd quarter valued at about $200,000. Finally, Reliance Trust Co. bought a new stake in shares of Total System Services during the 3rd quarter valued at about $211,000. 75.93% of the stock is currently owned by hedge funds and other institutional investors.

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

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