Equities research analysts expect Total System Services, Inc. (NYSE:TSS) to announce $909.36 million in sales for the current quarter, according to Zacks. Six analysts have made estimates for Total System Services’ earnings. The lowest sales estimate is $888.47 million and the highest is $920.66 million. Total System Services posted sales of $1.18 billion during the same quarter last year, which suggests a negative year-over-year growth rate of 22.9%. The firm is scheduled to announce its next quarterly earnings results on Tuesday, April 24th.
On average, analysts expect that Total System Services will report full year sales of $909.36 million for the current fiscal year, with estimates ranging from $3.72 billion to $3.76 billion. For the next financial year, analysts forecast that the business will post sales of $3.99 billion per share, with estimates ranging from $3.91 billion to $4.12 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Total System Services.
Total System Services (NYSE:TSS) last issued its quarterly earnings data on Tuesday, January 23rd. The credit services provider reported $0.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.03. Total System Services had a net margin of 11.90% and a return on equity of 26.21%. The business had revenue of $870.61 million during the quarter, compared to analyst estimates of $848.20 million. During the same period in the prior year, the business earned $0.71 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis.
In related news, EVP Dorenda K. Weaver sold 2,686 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $87.81, for a total value of $235,857.66. Following the transaction, the executive vice president now owns 49,367 shares of the company’s stock, valued at $4,334,916.27. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard W. Ussery sold 7,546 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $88.29, for a total transaction of $666,236.34. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 598,213 shares of company stock worth $51,635,386. Insiders own 2.60% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. PHH Investments Ltd. purchased a new position in shares of Total System Services in the fourth quarter worth approximately $209,000. Colonial Trust Advisors boosted its holdings in shares of Total System Services by 12.3% in the fourth quarter. Colonial Trust Advisors now owns 14,405 shares of the credit services provider’s stock worth $1,139,000 after buying an additional 1,581 shares during the last quarter. Xact Kapitalforvaltning AB boosted its holdings in shares of Total System Services by 8.0% in the fourth quarter. Xact Kapitalforvaltning AB now owns 33,039 shares of the credit services provider’s stock worth $2,613,000 after buying an additional 2,449 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Total System Services by 158.9% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 169,269 shares of the credit services provider’s stock worth $13,387,000 after buying an additional 103,877 shares during the last quarter. Finally, We Are One Seven LLC bought a new stake in Total System Services during the 4th quarter worth approximately $293,000. 74.20% of the stock is currently owned by institutional investors.
Total System Services (NYSE:TSS) opened at $88.85 on Tuesday. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.09 and a quick ratio of 1.03. Total System Services has a 1-year low of $50.96 and a 1-year high of $89.92. The company has a market cap of $16,140.87, a price-to-earnings ratio of 28.12, a price-to-earnings-growth ratio of 1.53 and a beta of 1.13.
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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.
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