Equities research analysts forecast that Total System Services, Inc. (NYSE:TSS) will post $0.78 earnings per share for the current quarter, Zacks reports. Four analysts have provided estimates for Total System Services’ earnings. The highest EPS estimate is $0.81 and the lowest is $0.76. Total System Services reported earnings per share of $0.71 in the same quarter last year, which would suggest a positive year over year growth rate of 9.9%. The firm is scheduled to issue its next earnings report on Tuesday, January 23rd.

On average, analysts expect that Total System Services will report full year earnings of $3.34 per share for the current fiscal year, with EPS estimates ranging from $3.32 to $3.37. For the next year, analysts forecast that the firm will report earnings of $3.62 per share, with EPS estimates ranging from $3.52 to $3.69. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Total System Services.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.07. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The company had revenue of $852.80 million for the quarter, compared to analyst estimates of $842.30 million. During the same period in the prior year, the company posted $0.71 EPS. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis.

A number of brokerages have recently commented on TSS. Morgan Stanley reaffirmed a “hold” rating on shares of Total System Services in a research report on Thursday, November 16th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $75.00 target price on shares of Total System Services in a research report on Monday, October 30th. Jefferies Group raised their target price on shares of Total System Services from $59.00 to $73.00 and gave the stock a “hold” rating in a research report on Monday, October 30th. Citigroup raised their target price on shares of Total System Services from $71.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, Cowen reaffirmed a “buy” rating and set a $67.00 target price on shares of Total System Services in a research report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $69.36.

Total System Services (NYSE TSS) opened at $73.88 on Friday. The company has a market cap of $13,670.80, a P/E ratio of 23.68, a PEG ratio of 1.82 and a beta of 1.10. Total System Services has a 1 year low of $47.46 and a 1 year high of $74.72. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.03 and a current ratio of 1.03.

In other news, EVP Patricia A. Watson sold 23,608 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were 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 legal filing with the SEC, which is available through the SEC website. 2.60% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Bronfman E.L. Rothschild L.P. boosted its stake in Total System Services by 13.2% in the second 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 in the last quarter. Acrospire Investment Management LLC boosted its stake in Total System Services by 122.2% in the second 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 in the last quarter. TLP Group LLC acquired a new stake in Total System Services in the second quarter valued at approximately $122,000. Parkwood LLC acquired a new stake in Total System Services in the third quarter valued at approximately $200,000. Finally, Texas Yale Capital Corp. acquired a new stake in Total System Services in the second quarter valued at approximately $205,000. Institutional investors own 76.10% of the company’s stock.

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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.

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

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