Total System Services, Inc. (NYSE:TSS) Given Average Recommendation of “Buy” by Brokerages

Shares of Total System Services, Inc. (NYSE:TSS) have been given an average recommendation of “Buy” by the seventeen ratings firms that are presently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $118.80.

TSS has been the topic of several research analyst reports. Cowen lowered Total System Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 29th. Robert W. Baird set a $148.00 price target on Total System Services and gave the stock a “buy” rating in a research note on Friday, July 19th. ValuEngine raised Total System Services from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Guggenheim lowered Total System Services from a “buy” rating to a “neutral” rating in a research note on Thursday, May 30th. Finally, BMO Capital Markets lifted their price target on Total System Services to $121.00 and gave the stock a “market perform” rating in a research note on Thursday, May 30th.

Several large investors have recently modified their holdings of TSS. Coastal Investment Advisors Inc. purchased a new position in Total System Services during the second quarter worth approximately $26,000. Steward Partners Investment Advisory LLC purchased a new position in Total System Services during the second quarter worth approximately $33,000. Meeder Asset Management Inc. lifted its position in Total System Services by 532.0% during the second quarter. Meeder Asset Management Inc. now owns 316 shares of the credit services provider’s stock worth $41,000 after buying an additional 266 shares in the last quarter. Berman Capital Advisors LLC lifted its position in Total System Services by 119.6% during the first quarter. Berman Capital Advisors LLC now owns 325 shares of the credit services provider’s stock worth $30,000 after buying an additional 177 shares in the last quarter. Finally, Icon Wealth Partners LLC purchased a new stake in Total System Services in the first quarter valued at $32,000. 74.03% of the stock is currently owned by hedge funds and other institutional investors.



TSS traded down $3.59 during trading on Friday, hitting $127.45. The company’s stock had a trading volume of 687,546 shares, compared to its average volume of 1,110,815. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 1.69. Total System Services has a twelve month low of $75.58 and a twelve month high of $138.66. The business’s fifty day simple moving average is $130.95 and its 200 day simple moving average is $111.16. The firm has a market capitalization of $23.24 billion, a price-to-earnings ratio of 29.92, a P/E/G ratio of 2.33 and a beta of 0.83.

Total System Services (NYSE:TSS) last issued its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $1.27 EPS for the quarter, beating the consensus estimate of $1.21 by $0.06. Total System Services had a return on equity of 32.26% and a net margin of 15.03%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the company earned $1.11 earnings per share. Total System Services’s quarterly revenue was up 2.8% compared to the same quarter last year. As a group, equities research analysts forecast that Total System Services will post 4.65 earnings per share for the current fiscal year.

About Total System Services

Total System Services, Inc provides payment processing, merchant, and related payment services to financial and nonfinancial institutions worldwide. The company operates through three segments: Issuer Solutions, Merchant Solutions, and Consumer Solutions. 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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Analyst Recommendations for Total System Services (NYSE:TSS)

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