Insider Selling: Total System Services, Inc. (TSS) CFO Sells 69,827 Shares of Stock
Total System Services, Inc. (NYSE:TSS) CFO Paul M. Todd sold 69,827 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $88.30, for a total value of $6,165,724.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Total System Services, Inc. (TSS) opened at $87.57 on Friday. The company has a market capitalization of $15,850.11, a PE ratio of 27.71, a P/E/G ratio of 1.50 and a beta of 1.11. Total System Services, Inc. has a 1-year low of $50.96 and a 1-year high of $89.92. The company has a current ratio of 1.09, a quick ratio of 1.03 and a debt-to-equity ratio of 1.17.
Total System Services (NYSE:TSS) last posted its earnings results on Tuesday, January 23rd. The credit services provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.79 by $0.03. The firm had revenue of $870.61 million for the quarter, compared to analyst estimates of $848.20 million. Total System Services had a return on equity of 26.50% and a net margin of 11.90%. Total System Services’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period last year, the company earned $0.71 earnings per share. analysts predict that Total System Services, Inc. will post 3.96 EPS for the current year.
A number of equities research analysts have commented on TSS shares. Zacks Investment Research upgraded Total System Services from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a research note on Friday, December 15th. Goldman Sachs Group cut Total System Services from a “buy” rating to a “neutral” rating in a research note on Monday, December 11th. Stephens reissued a “buy” rating and issued a $88.00 price objective on shares of Total System Services in a report on Wednesday, January 10th. Mizuho reissued a “hold” rating and issued a $80.00 price objective on shares of Total System Services in a report on Monday, December 18th. Finally, Morgan Stanley reissued a “hold” rating on shares of Total System Services in a report on Thursday, November 16th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $82.08.
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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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