Total System Services, Inc. (NYSE:TSS) – Equities research analysts at Wedbush raised their FY2017 earnings estimates for shares of Total System Services in a report issued on Monday. Wedbush analyst M. Katri now expects that the credit services provider will post earnings per share of $3.21 for the year, up from their prior estimate of $3.20. Wedbush also issued estimates for Total System Services’ Q4 2017 earnings at $0.76 EPS, Q1 2018 earnings at $0.80 EPS and Q3 2019 earnings at $1.12 EPS.

Total System Services (NYSE:TSS) last issued its quarterly earnings results on Tuesday, October 24th. The credit services provider reported $0.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.07. The business had revenue of $852.80 million during the quarter, compared to the consensus estimate of $842.30 million. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.71 EPS.

TSS has been the subject of several other research reports. Wells Fargo & Co upped their price target on shares of Total System Services from $70.00 to $72.00 and gave the company an “outperform” rating in a research report on Wednesday, September 27th. Stephens restated a “buy” rating and issued a $88.00 price target on shares of Total System Services in a research report on Wednesday, January 10th. Jefferies Group upped their price target on shares of Total System Services from $59.00 to $73.00 and gave the company a “hold” rating in a research report on Monday, October 30th. Mizuho restated a “hold” rating and issued a $85.00 price target on shares of Total System Services in a research report on Thursday, January 4th. Finally, BMO Capital Markets upped their price target on shares of Total System Services from $70.00 to $77.00 and gave the company an “outperform” rating in a research report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $75.27.

Shares of Total System Services (TSS) opened at $83.75 on Tuesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $15,305.20, a P/E ratio of 37.22, a P/E/G ratio of 1.86 and a beta of 1.10. Total System Services has a 12-month low of $49.98 and a 12-month high of $83.84.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sentry Investment Management LLC increased its stake in shares of Total System Services by 0.4% during the 2nd quarter. Sentry Investment Management LLC now owns 11,216 shares of the credit services provider’s stock worth $653,000 after purchasing an additional 44 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Total System Services by 3.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 8,536 shares of the credit services provider’s stock worth $497,000 after purchasing an additional 270 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of Total System Services by 0.3% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 91,727 shares of the credit services provider’s stock worth $5,344,000 after purchasing an additional 271 shares during the last quarter. HighPoint Advisor Group LLC increased its stake in shares of Total System Services by 6.1% during the 3rd quarter. HighPoint Advisor Group LLC now owns 12,535 shares of the credit services provider’s stock worth $905,000 after purchasing an additional 726 shares during the last quarter. Finally, Global X MANAGEMENT CO LLC increased its stake in shares of Total System Services by 14.8% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 5,756 shares of the credit services provider’s stock worth $377,000 after purchasing an additional 740 shares during the last quarter. Institutional investors own 76.02% of the company’s stock.

In other Total System Services news, EVP Patricia A. Watson sold 23,608 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $74.01, for a total value of $1,747,228.08. Following the transaction, the executive vice president now owns 21,112 shares in the company, valued at approximately $1,562,499.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 2.60% of the stock is currently owned by corporate insiders.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Thursday, December 21st were paid a $0.13 dividend. The ex-dividend date was Wednesday, December 20th. This represents a $0.52 annualized dividend and a yield of 0.62%. Total System Services’s dividend payout ratio is presently 23.11%.

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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.

Earnings History and Estimates for Total System Services (NYSE:TSS)

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