Total System Services, Inc. (NYSE:TSS)‘s stock had its “outperform” rating reissued by stock analysts at Wedbush in a report issued on Wednesday. They currently have a $72.00 target price on the credit services provider’s stock. Wedbush’s target price points to a potential upside of 12.45% from the stock’s previous close.

A number of other research firms also recently issued reports on TSS. Cowen and Company reiterated an “outperform” rating and issued a $67.00 target price on shares of Total System Services in a research report on Wednesday, July 26th. Zacks Investment Research upgraded shares of Total System Services from a “sell” rating to a “buy” rating and set a $59.00 target price for the company in a research report on Wednesday, April 12th. Goldman Sachs Group, Inc. (The) upgraded shares of Total System Services from a “neutral” rating to a “buy” rating in a research report on Monday, May 15th. Atlantic Securities reiterated a “neutral” rating and issued a $59.00 target price on shares of Total System Services in a research report on Wednesday, April 12th. Finally, Stifel Nicolaus set a $65.00 target price on shares of Total System Services and gave the stock a “buy” rating in a research report on Wednesday, April 26th. Seven analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $63.85.

Shares of Total System Services (NYSE TSS) opened at 64.03 on Wednesday. Total System Services has a 12-month low of $46.22 and a 12-month high of $64.94. The stock’s 50 day moving average price is $60.58 and its 200-day moving average price is $56.50. The firm has a market capitalization of $11.79 billion, a P/E ratio of 31.19 and a beta of 1.14.

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

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In related news, EVP G Sanders Griffith III sold 18,472 shares of the firm’s stock in a transaction on Friday, July 28th. The shares were sold at an average price of $63.25, for a total value of $1,168,354.00. Following the transaction, the executive vice president now directly owns 187,684 shares in the company, valued at approximately $11,871,013. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Philip W. Tomlinson sold 220,974 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $63.65, for a total transaction of $14,064,995.10. Following the completion of the transaction, the director now owns 326,200 shares in the company, valued at $20,762,630. The disclosure for this sale can be found here. Insiders sold a total of 287,446 shares of company stock worth $18,074,469 over the last quarter. 2.60% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Regentatlantic Capital LLC raised its position in Total System Services by 0.4% in the second quarter. Regentatlantic Capital LLC now owns 4,756 shares of the credit services provider’s stock worth $277,000 after buying an additional 19 shares during the last quarter. OLD National Bancorp IN raised its position in Total System Services by 0.6% in the second quarter. OLD National Bancorp IN now owns 3,882 shares of the credit services provider’s stock worth $226,000 after buying an additional 25 shares during the last quarter. Capital Investment Advisors LLC raised its position in Total System Services by 0.3% in the second quarter. Capital Investment Advisors LLC now owns 18,983 shares of the credit services provider’s stock worth $1,106,000 after buying an additional 54 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in Total System Services by 1.4% in the second quarter. Stratos Wealth Partners LTD. now owns 4,445 shares of the credit services provider’s stock worth $259,000 after buying an additional 60 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC raised its position in Total System Services by 1.5% in the first quarter. Jaffetilchin Investment Partners LLC now owns 4,550 shares of the credit services provider’s stock worth $243,000 after buying an additional 68 shares during the last quarter. Institutional investors and hedge funds own 75.26% of the company’s stock.

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.

Analyst Recommendations for Total System Services (NYSE:TSS)

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