Somewhat Positive News Coverage Somewhat Unlikely to Impact Total System Services (TSS) Share Price
News coverage about Total System Services (NYSE:TSS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Total System Services earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the credit services provider an impact score of 46.363417289401 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Investor Watch: Checking on Shares of Total System Services, Inc. (NYSE:TSS) – Jonesboro Recorder (jonesbororecorder.com)
- Overview Of Different Chart Patterns: Total System Services, Inc. (TSS), Eversource Energy (ES) – AllStockNews (allstocknews.com)
- Total System Services Inc (TSS) Trending Downward Near-term – FLBC News (flbcnews.com)
- Two Stocks You May Need To Reconsider: Total System Services, Inc. (TSS), Louisiana-Pacific Corporation (LPX) – AllStockNews (allstocknews.com)
- A Look at these Riveting Stocks: Total System Services, Inc. (NYSE:TSS) and Mercadolibre, Inc. (NASDAQ:MELI) – FLBC News (flbcnews.com)
Several analysts recently issued reports on TSS shares. Northcoast Research started coverage on shares of Total System Services in a research report on Friday, June 30th. They issued a “neutral” rating for the company. Stifel Nicolaus set a $65.00 price target on shares of Total System Services and gave the company a “buy” rating in a research report on Wednesday, April 26th. Pacific Crest reissued an “overweight” rating and issued a $58.00 price target on shares of Total System Services in a research report on Monday, April 24th. Goldman Sachs Group, Inc. (The) raised shares of Total System Services from a “neutral” rating to a “buy” rating in a research report on Monday, May 15th. Finally, BidaskClub downgraded shares of Total System Services from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Seven research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $64.05.
Total System Services (NYSE:TSS) opened at 64.14 on Wednesday. The company has a 50 day moving average of $61.56 and a 200-day moving average of $57.11. Total System Services has a one year low of $46.22 and a one year high of $64.94. The stock has a market capitalization of $11.82 billion, a P/E ratio of 31.12 and a beta of 1.14.
Total System Services (NYSE:TSS) last released its quarterly earnings data on Tuesday, July 25th. The credit services provider reported $0.85 EPS for the quarter, beating the consensus estimate of $0.80 by $0.05. Total System Services had a return on equity of 25.49% and a net margin of 8.78%. The company had revenue of $844.07 million for the quarter, compared to analysts’ expectations of $842.57 million. During the same period last year, the firm posted $0.74 earnings per share. Total System Services’s revenue was up 6.2% compared to the same quarter last year. Equities research analysts predict that Total System Services will post $3.28 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 29th will be given a dividend of $0.13 per share. The ex-dividend date is Wednesday, September 20th. This is a boost from Total System Services’s previous quarterly dividend of $0.10. This represents a $0.52 annualized dividend and a dividend yield of 0.81%. Total System Services’s dividend payout ratio (DPR) is 19.51%.
In related news, Director Philip W. Tomlinson sold 220,974 shares of the stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $63.65, for a total transaction of $14,064,995.10. Following the sale, the director now directly owns 326,200 shares of the company’s stock, valued at $20,762,630. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Richard W. Ussery sold 48,000 shares of the stock in a transaction on Monday, June 12th. The shares were sold at an average price of $59.19, for a total value of $2,841,120.00. Following the sale, the director now directly owns 219,968 shares in the company, valued at $13,019,905.92. The disclosure for this sale can be found here. Insiders have sold 287,446 shares of company stock worth $18,074,469 over the last ninety days. 2.60% of the stock is currently owned by insiders.
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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