TSS (NASDAQ:TSSI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of TSS (NASDAQ:TSSI) from a sell rating to a hold rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Several other analysts have also recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of TSS in a research note on Monday, September 14th. Needham & Company LLC cut their target price on TSS from $16.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $14.00.

TSS Stock Performance

Shares of TSSI stock opened at $7.23 on Friday. TSS has a one year low of $6.87 and a one year high of $21.77. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.38 and a current ratio of 1.66. The company has a 50 day moving average price of $9.06 and a 200 day moving average price of $11.30. The firm has a market capitalization of $204.03 million, a price-to-earnings ratio of 14.73 and a beta of 1.98.

TSS (NASDAQ:TSSI) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The company had revenue of $35.14 million for the quarter. TSS had a return on equity of 19.22% and a net margin of 7.44%. Sell-side analysts anticipate that TSS will post 0.24 EPS for the current year.

Institutional Trading of TSS

A number of institutional investors have recently modified their holdings of TSSI. Triumph Capital Management acquired a new stake in TSS during the 2nd quarter worth approximately $26,000. Cura Wealth Advisors LLC purchased a new position in TSS in the first quarter valued at approximately $130,000. Diversified Trust Co acquired a new position in TSS during the first quarter valued at approximately $130,000. Independent Financial Group LLC acquired a new position in TSS during the first quarter valued at approximately $134,000. Finally, Vestor Capital LLC lifted its position in TSS by 1,786.8% during the first quarter. Vestor Capital LLC now owns 12,000 shares of the company’s stock valued at $156,000 after buying an additional 11,364 shares in the last quarter.

TSS Company Profile

TSS, Inc (NASDAQ:TSSI) is a provider of data center infrastructure and technical services. The company helps customers design, build, deploy and maintain complex data center environments, with capabilities spanning engineering, project management, equipment procurement, systems integration and installation.

TSS supports infrastructure used for high-performance computing, artificial intelligence, cloud computing, enterprise applications and other data-intensive workloads. Its services may include the integration of servers, storage, networking equipment, power systems, cooling systems and related technology within data center facilities.

The company serves organizations that require customized and scalable computing environments, including data center operators, technology companies, enterprises and other institutional customers.