Total System Services, Inc. (TSS) Expected to Post Q2 2018 Earnings of $0.95 Per Share

Total System Services, Inc. (NYSE:TSS) – Analysts at Wedbush upped their Q2 2018 earnings per share estimates for Total System Services in a note issued to investors on Monday. Wedbush analyst M. Katri now forecasts that the credit services provider will post earnings per share of $0.95 for the quarter, up from their previous forecast of $0.90. Wedbush also issued estimates for Total System Services’ Q3 2018 earnings at $0.96 EPS, FY2018 earnings at $3.64 EPS, Q1 2019 earnings at $1.00 EPS, Q2 2019 earnings at $1.08 EPS and FY2019 earnings at $4.13 EPS.

A number of other equities research analysts have also recently commented on TSS. KeyCorp reaffirmed a “buy” rating and set a $85.00 price objective on shares of Total System Services in a research note on Friday, December 15th. Oppenheimer reaffirmed a “hold” rating on shares of Total System Services in a research note on Monday. Royal Bank of Canada assumed coverage on Total System Services in a research note on Monday, August 28th. They set an “outperform” rating and a $75.00 price objective for the company. Robert W. Baird reaffirmed a “buy” rating on shares of Total System Services in a research note on Tuesday, September 26th. Finally, Zacks Investment Research cut Total System Services from a “buy” rating to a “hold” rating in a research note on Thursday, December 14th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $71.84.

Shares of Total System Services (TSS) traded down $1.49 during trading on Wednesday, hitting $78.50. The company had a trading volume of 658,716 shares, compared to its average volume of 1,268,604. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.02. Total System Services has a twelve month low of $48.65 and a twelve month high of $80.51. The firm has a market capitalization of $14,647.03, a PE ratio of 25.37, a PEG ratio of 1.99 and a beta of 1.10.

Total System Services (NYSE:TSS) last released its earnings results on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.07. The company had revenue of $852.80 million during the quarter, compared to analysts’ expectations of $842.30 million. Total System Services had a return on equity of 26.25% and a net margin of 8.73%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period last year, the firm earned $0.71 EPS.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Thursday, December 21st will be issued a dividend of $0.13 per share. The ex-dividend date is Wednesday, December 20th. This represents a $0.52 annualized dividend and a yield of 0.66%. Total System Services’s dividend payout ratio is presently 23.11%.

In other Total System Services news, EVP Patricia A. Watson sold 23,608 shares of Total System Services stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $74.01, for a total transaction of $1,747,228.08. Following the transaction, the executive vice president now directly owns 21,112 shares in the company, valued at $1,562,499.12. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 2.60% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Total System Services by 3.3% in the second quarter. Vanguard Group Inc. now owns 16,532,149 shares of the credit services provider’s stock valued at $962,997,000 after acquiring an additional 525,686 shares during the last quarter. Synovus Financial Corp increased its position in shares of Total System Services by 1.0% in the second quarter. Synovus Financial Corp now owns 13,709,409 shares of the credit services provider’s stock valued at $798,579,000 after acquiring an additional 134,998 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Total System Services by 422.2% in the second quarter. Ameriprise Financial Inc. now owns 4,395,728 shares of the credit services provider’s stock valued at $256,053,000 after acquiring an additional 3,553,887 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Total System Services by 21.9% in the second quarter. Goldman Sachs Group Inc. now owns 3,610,449 shares of the credit services provider’s stock valued at $210,308,000 after acquiring an additional 649,271 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Total System Services by 26.5% in the second quarter. Wells Fargo & Company MN now owns 3,222,462 shares of the credit services provider’s stock valued at $187,708,000 after acquiring an additional 675,452 shares during the last quarter. Institutional investors own 75.93% of the company’s stock.

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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.

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

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