Recent Analysts’ Ratings Changes for Total System Services (TSS)

Total System Services (NYSE: TSS) has recently received a number of price target changes and ratings updates:

  • 2/4/2019 – Total System Services was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Total System Services’ fourth-quarter 2018 earnings per share of $1.08 surpassed the Zacks Consensus Estimate by 1.9% and also surged nearly 31.5% year over year. Strong performances by all three of its segments have contributed to this favorable result. Its strong organic revenue growth reflects exceptional execution of strategic goals. The company’s acquisition strategy is also impressive. Consistent generation of free cash flow enables business investments and enhances its financial flexibility. However, its stock has underperformed its industry in a year's time. The company’s revenues are likely to be dampened by the new consumer financial protection bureau rule that is expected to be implemented by April 2019. The company also carries a high debt, which elevates financial risks. Moreover, a return on equity below that of its industry average makes the stock unattractive.”
  • 1/31/2019 – Total System Services had its “buy” rating reaffirmed by analysts at Nomura.
  • 1/30/2019 – Total System Services had its price target raised by analysts at KeyCorp from $90.00 to $95.00. They now have an “overweight” rating on the stock.
  • 1/30/2019 – Total System Services had its price target raised by analysts at Royal Bank of Canada to $110.00. They now have an “in-line” rating on the stock.
  • 1/29/2019 – Total System Services was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Total System Services’ stock has underperformed its industry in a year's time. The company’s revenues are likely to be dampened by the new consumer financial protection bureau rule that is expected to be implemented by April 2019. The company also carries a high debt, which raises financial risk. Moreover, return on equity below that of its industry average makes the stock unattractive. Nevertheless, its strong organic revenue growth reflects exceptional execution of strategic goals. The company’s acquisition strategy is also impressive. “
  • 1/28/2019 – Total System Services is now covered by analysts at Jefferies Financial Group Inc. They set a “buy” rating and a $105.00 price target on the stock.
  • 1/24/2019 – Total System Services was upgraded by analysts at Bank of America Corp from an “underperform” rating to a “neutral” rating.
  • 1/23/2019 – Total System Services was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Total System Services’ strong organic revenue growth reflects exceptional execution of strategic goals. The company’s acquisition strategy complements its organic growth. Its favorable 2018 guidance investors’ optimism on the stock. The company has strengthened its capital position by reducing debt. A reduction in the tax rate also favors the company's margins and growth. The company’s shares have gained in a year’s time, lesser than its industry’s gain in the same timeframe. Also, its exposure to foreign exchange volatility and investment expenses continue to bother the company. A Zacks Rank #3 and an Earnings ESP of +0.00% makes positive earnings surprise prediction difficult as it reports fourth quarter results on Jan 29. The Zacks Consensus Estimate for fourth quarter is pegged at $1.06, representing 29.3% year-over-year growth.”
  • 1/10/2019 – Total System Services was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Total System Services’ shares have lost in a year's time, comparing unfavorably against its industry’s gain the same time frame. Also, its exposure to foreign exchange volatility and investment expenses continue to bother the company. However, its strong organic revenue growth reflects exceptional execution of strategic goals. The company’s acquisition strategy complements its organic growth. Its favorable 2018 guidance investors’ optimism on the stock. The company has strengthened its capital position by reducing debt. A reduction in the tax rate also favors the company's margins and growth. “
  • 1/2/2019 – Total System Services had its price target lowered by analysts at KeyCorp from $110.00 to $90.00. They now have an “overweight” rating on the stock.
  • 12/31/2018 – Total System Services had its “buy” rating reaffirmed by analysts at Zacks Investment Research. They now have a $91.00 price target on the stock. According to Zacks, “Total System Services’ shares have outperformed the industry, in a year's time. Its strong organic revenue growth reflects exceptional execution of strategic goals. The company’s acquisition strategy complements its organic growth. Its favorable 2018 guidance investors’ optimism on the stock. The company has strengthened its capital position by reducing debt. A reduction in the tax rate also favors the company's margins and growth. Nevertheless, exposure to foreign exchange volatility and investment expenses are headwinds.”
  • 12/18/2018 – Total System Services was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Total System Services’ shares have outperformed the industry, in a year's time. Its strong organic revenue growth reflects exceptional execution of strategic goals. The company’s acquisition strategy complements its organic growth. Its favorable 2018 guidance investors’ optimism on the stock. The company has strengthened its capital position by reducing debt. A reduction in the tax rate also favors the company's margins and growth. Nevertheless, exposure to foreign exchange volatility and investment expenses are headwinds.”

NYSE TSS traded down $0.23 on Monday, hitting $91.59. 31,045 shares of the stock were exchanged, compared to its average volume of 1,575,306. Total System Services, Inc. has a 52-week low of $75.58 and a 52-week high of $100.39. The company has a debt-to-equity ratio of 1.50, a quick ratio of 2.57 and a current ratio of 2.21. The stock has a market cap of $16.75 billion, a price-to-earnings ratio of 21.50, a PEG ratio of 1.40 and a beta of 1.09.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, January 29th. The credit services provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. Total System Services had a net margin of 14.31% and a return on equity of 30.94%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $968.62 million. On average, research analysts forecast that Total System Services, Inc. will post 4.64 EPS for the current fiscal year.



A number of hedge funds and other institutional investors have recently bought and sold shares of TSS. BlackRock Inc. boosted its stake in shares of Total System Services by 4.9% during the 3rd quarter. BlackRock Inc. now owns 12,662,032 shares of the credit services provider’s stock valued at $1,250,251,000 after buying an additional 593,390 shares during the period. FMR LLC boosted its stake in shares of Total System Services by 3.0% during the 3rd quarter. FMR LLC now owns 4,240,673 shares of the credit services provider’s stock valued at $418,724,000 after buying an additional 121,831 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of Total System Services by 6,655.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,932,374 shares of the credit services provider’s stock valued at $36,000 after buying an additional 2,888,967 shares during the period. Pictet Asset Management Ltd. boosted its stake in shares of Total System Services by 4.6% during the 3rd quarter. Pictet Asset Management Ltd. now owns 2,179,003 shares of the credit services provider’s stock valued at $215,155,000 after buying an additional 96,243 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Total System Services by 101.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,785,380 shares of the credit services provider’s stock valued at $145,134,000 after buying an additional 900,074 shares during the period. Hedge funds and other institutional investors own 78.55% of the company’s stock.

Total System Services, Inc provides payment processing, merchant, and related payment services to financial and nonfinancial institutions worldwide. The company operates through three segments: Merchant Solutions, Issuer Solutions, and Netspend. It offers general purpose reloadable prepaid and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers and businesses.

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