Total System Services (TSS) Stock Rating Reaffirmed by Mizuho

Total System Services (NYSE:TSS)‘s stock had its “hold” rating restated by equities research analysts at Mizuho in a report released on Thursday. They currently have a $85.00 price objective on the credit services provider’s stock. Mizuho’s target price points to a potential upside of 6.33% from the stock’s current price.

A number of other equities analysts have also weighed in on TSS. Cowen restated a “buy” rating and set a $67.00 price target on shares of Total System Services in a research report on Thursday, September 7th. Bank of America started coverage on shares of Total System Services in a research report on Tuesday, September 12th. They set an “underperform” rating and a $64.00 price target on the stock. Zacks Investment Research lowered shares of Total System Services from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. Stifel Nicolaus lowered shares of Total System Services from a “buy” rating to a “hold” rating and set a $69.00 price target on the stock. in a research report on Tuesday, September 19th. Finally, Stephens reiterated an “overweight” rating and issued a $70.00 target price on shares of Total System Services in a report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Total System Services presently has an average rating of “Buy” and a consensus target price of $73.42.

Total System Services (TSS) opened at $79.94 on Thursday. The firm has a market cap of $14,730.00, a PE ratio of 35.53, a P/E/G ratio of 1.76 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 quick ratio of 1.03 and a current ratio of 1.03.

Total System Services (NYSE:TSS) last posted its quarterly earnings results on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.07. The firm had revenue of $852.80 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.71 earnings per share. analysts anticipate that Total System Services will post 3.2 EPS for the current fiscal year.

In other news, EVP Patricia A. Watson sold 23,608 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $74.01, for a total value of $1,747,228.08. Following the sale, the executive vice president now directly owns 21,112 shares of the company’s stock, valued at approximately $1,562,499.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the company. Bronfman E.L. Rothschild L.P. raised its stake in shares of Total System Services by 13.2% in 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 acquiring an additional 228 shares during the period. Acrospire Investment Management LLC raised its stake in shares of Total System Services by 122.2% in the 2nd quarter. Acrospire Investment Management LLC now owns 2,000 shares of the credit services provider’s stock valued at $117,000 after acquiring an additional 1,100 shares during the period. TLP Group LLC purchased a new stake in shares of Total System Services in the 2nd quarter valued at approximately $122,000. Parkwood LLC purchased a new stake in shares of Total System Services in the 3rd quarter valued at approximately $200,000. Finally, Reliance Trust Co. purchased a new stake in shares of Total System Services in the 3rd quarter valued at approximately $211,000. 75.93% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Total System Services (NYSE:TSS)

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