Research analysts in equities predict that Total System Services, Inc. (NYSE: TSS) will announce a profit of $ 1.10 per share for the current fiscal quarter, reports Zacks Investment Research. Six analysts have provided estimates for Total System Services revenues. The lowest EPS estimate is $ 1.08 and the highest is $ 1.13. Total System Services reported earnings per share of $ 0.88 in the same quarter last year, indicating positive annual growth of 25%. The company is expected to announce its next quarterly results report on Tuesday, October 23rd.
On average, analysts expect Total System Services to report the full-year profit of $ 4.39 per share for the current year, with EPS estimates of $ 4.34 to $ 4.43. For the next financial year, analysts expect the company to book a profit of $ 4.82 per share, with EPS estimates of $ 4.65 to $ 5.01. The average earnings per share of Zacks is an average average based on a survey of sell-side research firms that provide coverage for Total System Services.
Total System Services (NYSE: TSS) last published the quarterly results on Tuesday 24 July. The credit service provider reported $ 1.10 earnings per share for the quarter, in addition to the consensus estimate of $ 1.07 with $ 0.04. Total System Services had a return on equity of 29.26% and a net margin of 14.39%. The company's sales amounted to $ 956.55 million compared to analysts' expectations of $ 936.79 million. During the same quarter of last year, the company booked $ 0.85 EPS. The company's turnover increased by 13.3% on an annual basis.
Several stock research analysts have weighed on TSS shares. Zacks Investment Research has Total System Services from a & # 39; hold & # 39; credit to a & # 39; buy & # 39; credit was upgraded and a pricing target of $ 97.00 was set for the company in a report on Tuesday, June 19. Guggenheim repeated a "buy" rating and published a price target of $ 103.00 on shares of Total System Services in a report on Wednesday, July 25. Nomura repeated a "buy" rating and published a price target of $ 96.00 on shares of Total System Services in a report on Wednesday, July 25. Citigroup increased its price target for Total System Services from $ 104.00 to $ 105.00 and gave the shares a "buy" score in a report on Wednesday, July 25th. Finally, Royal Bank of Canada repeated a "buy" rating and published a price target of $ 105.00 on shares of Total System Services in a report on Wednesday, July 25. One equity research analyst assessed the shares with a sell rating, nine have a hold rating and seventeen have assigned a buy-rating to the shares. The stock currently has a consensus rating of "Buy" and a target price target of $ 89.68.
In other news, EPP Patricia A. Watson sold 15.322 shares of the shares in a transaction that took place on Monday, August 6th. The stock was sold at an average price of $ 93.30 for a total value of $ 1,430,475.60. After the closing of the transaction, the Executive Vice President now owns 30,743 shares of the company's shares, valued at approximately $ 2,868,321.90. The sale was announced in an application to the Securities & Exchange Commission, which is accessible via this hyperlink. 2.40% of the shares are currently owned by company insiders.
Large investors have recently changed their positions in the company. Lakeview Capital Partners LLC increased its position in Total System Services by 5.5% in the second quarter. Lakeview Capital Partners LLC now owns 12,791 shares in the lender's share capital with a value of $ 1,081,000 after buying another 662 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in Total System Services by 0.3% during the first quarter. The State Board of Administration of the Florida Retirement System now owns 258,111 shares in the lender's holdings with a value of $ 22,265,000 after buying 686 additional shares in the last quarter. US Bancorp DE increased its position in Total System Services by 2.2% in the 2nd quarter. US Bancorp DE now holds 33,162 shares of the lender's share, valued at $ 2,803,000 after buying another 724 shares in the last quarter. Creative Planning increased its position in Total System Services by 0.4% in the second quarter. Creative Planning now holds 193,890 shares in the credit provider's share capital with a value of $ 16,388,000 after buying another 771 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its position in Total System Services by 15.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,046 shares of the credit provider's shares with a value of $ 511,000 after the purchase of another 810 shares in the last quarter. 76.49% of the shares are owned by hedge funds and other institutional investors.
NYSE TSS exchanged $ 0.51 on Friday and reached $ 97.14. The company's shares had a trading volume of 707,546 shares, compared with the average volume of 1,121,955. Total System Services has a low of 52 weeks of $ 64.56 and a maximum of 52 weeks of $ 97.82. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.55 and a current ratio of 2.55. The share has a market capitalization of $ 17.63 billion, a K / W ratio of 30.17, a price-earnings ratio of 1.57 and a beta of 1.14.
About Total System Services
Total System Services, Inc. provides payment processing, merchant and related payment services to financial and non-financial institutions around the world. The company operates in three segments: Merchant Solutions, Issuer Solutions and Netspend. It offers general rechargeable prepaid and payroll cards, demand deposit accounts and other financial service solutions for undervalued and other consumers and businesses.
Recommended story: earnings per share
Receive a free copy of the Zacks research report on Total System Services (TSS)
Visit Zacks.com for more information about research offers from Zacks Investment Research
Receive daily news and ratings for Total System Services – Enter your email address below to receive a concise, daily summary of the latest news and analyst ratings for Total System Services and related companies with the FREE daily email newsletter from MarketBeat.com.