Total System Services (TSS) – Investment Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Total System Services (NYSE: TSS) in the last few weeks:

  • 9/19/2017 – Total System Services was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $69.00 price target on the stock.
  • 9/19/2017 – Total System Services was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $74.00 price target on the stock. According to Zacks, “Shares of Total System have outperformed its industry year to date. The company is set to benefit from its robust NetSpend business, while the TransFirst acquisition will support its merchant acquiring business. A number of acquisitions made by it have contributed to overall growth. Its second-quarter earnings beat the Zacks Consensus Estimate and grew year over year.  Following strong performance in first-half of the year, the company pulled up its 2017 earnings guidance, which instills investors' confidence. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.5% upward over the last 60 days. “
  • 9/18/2017 – Total System Services was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Total System have outperformed its industry year to date. The company is set to benefit from its robust NetSpend business, while the TransFirst acquisition will support its merchant acquiring business. A number of acquisitions made by it have contributed to overall growth. Its second-quarter earnings beat the Zacks Consensus Estimate and grew year over year.  Following strong performance in first-half of the year, the company pulled up its 2017 earnings guidance, which instills investors' confidence. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.5% upward over the last 60 days. However, the company suffers from stiff competition and huge cash outlays on acquisition and investments. Further, the new rules aimed to boost consumer protections for prepaid accounts and cards are likely to hurt the company's top line, with 2018 revenue to be down by about $30–$40 million. “
  • 9/12/2017 – Total System Services is now covered by analysts at Bank of America Corporation. They set an “underperform” rating and a $64.00 price target on the stock.
  • 9/7/2017 – Total System Services had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $67.00 price target on the stock.
  • 8/31/2017 – Total System Services had its “overweight” rating reaffirmed by analysts at KeyCorp.
  • 8/30/2017 – Total System Services was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $76.00 price target on the stock. According to Zacks, “Shares of Total System have outperformed its industry year to date. The company is set to benefit from its robust NetSpend business, while the TransFirst acquisition will support its merchant acquiring business. A number of acquisitions made by it have contributed to overall growth. Its second-quarter earnings beat the Zacks Consensus Estimate and grew year over year.  Following strong performance in first-half of the year, the company pulled up its 2017 earnings guidance, which instills investors' confidence. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.5% upward over the last 60 days. “
  • 8/29/2017 – Total System Services was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Total System have outperformed the industry, year to date. The company is set to benefit from its robust NetSpend business, while the TransFirst acquisition will support its merchant acquiring business. A number of acquisitions made by it have contributed to overall growth. Its  second-quarter earnings beat the Zacks Consensus Estimate and grew year over year. Following strong results, the company pulled up its 2017 earnings guidance.  However, stiff competition and huge cash outlays on acquisition and investments pose as headwinds. Further, the new rules aimed at boosting consumer protection for prepaid accounts and cards are likely to hurt the company's top-line.”
  • 8/28/2017 – Total System Services is now covered by analysts at Royal Bank Of Canada. They set an “outperform” rating and a $75.00 price target on the stock.
  • 8/18/2017 – Total System Services was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/9/2017 – Total System Services had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $72.00 price target on the stock.
  • 8/3/2017 – Total System Services is now covered by analysts at Wedbush. They set an “outperform” rating and a $72.00 price target on the stock.
  • 7/27/2017 – Total System Services had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods.
  • 7/26/2017 – Total System Services had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $69.00 price target on the stock, up previously from $67.00.
  • 7/26/2017 – Total System Services had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $67.00 price target on the stock.
  • 7/26/2017 – Total System Services had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $63.00 price target on the stock, up previously from $58.00.
  • 7/26/2017 – Total System Services had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $65.00 price target on the stock, up previously from $57.00.
  • 7/26/2017 – Total System Services had its price target raised by analysts at BMO Capital Markets from $62.90 to $70.00. They now have an “outperform” rating on the stock.

Total System Services, Inc. (NYSE:TSS) opened at 66.07 on Wednesday. The stock has a market capitalization of $12.17 billion, a price-to-earnings ratio of 32.06 and a beta of 1.13. Total System Services, Inc. has a 12-month low of $46.22 and a 12-month high of $70.62. The firm has a 50-day moving average of $66.32 and a 200 day moving average of $59.51.

Total System Services (NYSE:TSS) last issued its quarterly earnings results on Tuesday, July 25th. The credit services provider reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.05. Total System Services had a return on equity of 25.49% and a net margin of 8.78%. The business had revenue of $844.07 million during the quarter, compared to analyst estimates of $842.57 million. During the same quarter in the prior year, the business posted $0.74 EPS. Total System Services’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, analysts predict that Total System Services, Inc. will post $3.28 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 29th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Wednesday, September 20th. This is a positive change from Total System Services’s previous quarterly dividend of $0.10. Total System Services’s dividend payout ratio is presently 19.51%.

In other Total System Services news, CFO Paul M. Todd sold 4,057 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $63.50, for a total value of $257,619.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP G Sanders Griffith III sold 18,472 shares of the stock in a transaction on Friday, July 28th. The stock was sold at an average price of $63.25, for a total value of $1,168,354.00. Following the completion of the sale, the executive vice president now owns 187,684 shares of the company’s stock, valued at approximately $11,871,013. The disclosure for this sale can be found here. Insiders sold a total of 243,503 shares of company stock valued at $15,490,969 in the last quarter. 2.60% of the stock is currently owned by company insiders.

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.

Receive News & Ratings for Total System Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total System Services Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply