Total System Services (NYSE:TSS)‘s stock had its “neutral” rating restated by analysts at Credit Suisse Group in a report released on Wednesday, The Fly reports. They currently have a $87.00 price target on the credit services provider’s stock, up from their previous price target of $73.00. Credit Suisse Group’s price objective points to a potential upside of 5.16% from the company’s current price.

Several other analysts have also recently issued reports on the company. BMO Capital Markets increased their target price on Total System Services from $70.00 to $77.00 and gave the company an “outperform” rating in a research report on Wednesday, October 25th. Robert W. Baird increased their target price on Total System Services from $76.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, October 25th. Zacks Investment Research raised Total System Services from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Friday, December 15th. Goldman Sachs Group cut Total System Services from a “buy” rating to a “neutral” rating in a research report on Monday, December 11th. Finally, Morgan Stanley increased their target price on Total System Services from $63.00 to $69.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $75.19.

Total System Services (NYSE TSS) traded down $0.21 on Wednesday, reaching $82.73. The company’s stock had a trading volume of 1,000,700 shares, compared to its average volume of 1,194,767. The stock has a market cap of $15,340.00, a P/E ratio of 36.77, a P/E/G ratio of 1.85 and a beta of 1.10. Total System Services has a one year low of $49.98 and a one year high of $83.23. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03.

Total System Services (NYSE:TSS) last released its quarterly earnings data on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.81 by $0.07. The company had revenue of $852.80 million for the quarter, compared to the consensus estimate of $842.30 million. Total System Services had a return on equity of 26.25% and a net margin of 8.73%. Total System Services’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the business posted $0.71 EPS. equities analysts anticipate that Total System Services will post 3.2 EPS for the current year.

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 completion of the sale, the executive vice president now owns 21,112 shares of the company’s stock, valued at approximately $1,562,499.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.60% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Acadian Asset Management LLC purchased a new position in shares of Total System Services during the 4th quarter valued at about $109,000. Acrospire Investment Management LLC raised its stake in shares of Total System Services by 122.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,000 shares of the credit services provider’s stock valued at $117,000 after buying an additional 1,100 shares during the last quarter. TLP Group LLC purchased a new position in shares of Total System Services during the 2nd quarter valued at about $122,000. Parkwood LLC purchased a new position in shares of Total System Services during the 3rd quarter valued at about $200,000. Finally, Reliance Trust Co. purchased a new position in shares of Total System Services during the 3rd quarter valued at about $211,000. 75.95% of the stock is owned by institutional investors.

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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.

The Fly

Analyst Recommendations for Total System Services (NYSE:TSS)

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