Equities research analysts forecast that Total System Services, Inc. (NYSE:TSS) will announce $1.10 earnings per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Total System Services’ earnings, with the highest EPS estimate coming in at $1.13 and the lowest estimate coming in at $1.06. Total System Services posted earnings of $0.88 per share in the same quarter last year, which would indicate a positive year over year growth rate of 25%. The firm is scheduled to issue its next earnings results on Tuesday, October 23rd.

According to Zacks, analysts expect that Total System Services will report full-year earnings of $4.38 per share for the current financial year, with EPS estimates ranging from $4.33 to $4.43. For the next year, analysts anticipate that the company will post earnings of $4.83 per share, with EPS estimates ranging from $4.72 to $5.01. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that that provide coverage for Total System Services.

Total System Services (NYSE:TSS) last issued its quarterly earnings data on Tuesday, July 24th. The credit services provider reported $1.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.04. The firm had revenue of $956.55 million for the quarter, compared to analyst estimates of $936.79 million. Total System Services had a return on equity of 29.26% and a net margin of 14.39%. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $0.85 EPS.

TSS has been the topic of a number of recent analyst reports. Raymond James started coverage on Total System Services in a research report on Friday, June 15th. They issued a “market perform” rating and a $35.00 price objective on the stock. Zacks Investment Research upgraded Total System Services from a “hold” rating to a “buy” rating and set a $97.00 target price for the company in a research note on Tuesday, June 19th. Robert W. Baird raised their target price on Total System Services from $98.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday, July 12th. They noted that the move was a valuation call. Wolfe Research started coverage on Total System Services in a research note on Tuesday, July 17th. They issued an “outperform” rating for the company. Finally, KeyCorp raised their target price on Total System Services from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday, July 25th. Nine analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. Total System Services currently has a consensus rating of “Buy” and a consensus target price of $92.95.

In other Total System Services news, EVP Dorenda K. Weaver sold 5,009 shares of Total System Services stock in a transaction on Friday, September 14th. The stock was sold at an average price of $99.00, for a total transaction of $495,891.00. Following the completion of the transaction, the executive vice president now owns 44,358 shares in the company, valued at $4,391,442. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Patricia A. Watson sold 15,332 shares of Total System Services stock in a transaction on Monday, August 6th. The shares were sold at an average price of $93.30, for a total value of $1,430,475.60. Following the transaction, the executive vice president now owns 30,743 shares of the company’s stock, valued at approximately $2,868,321.90. The disclosure for this sale can be found here. 2.40% of the stock is currently owned by insiders.

Large investors have recently made changes to their positions in the business. Janus Henderson Group PLC raised its stake in shares of Total System Services by 56.5% in the second quarter. Janus Henderson Group PLC now owns 2,897,435 shares of the credit services provider’s stock worth $244,891,000 after purchasing an additional 1,045,842 shares during the last quarter. Bank of Montreal Can purchased a new position in shares of Total System Services in the second quarter worth $34,267,000. BlackRock Inc. raised its stake in shares of Total System Services by 2.8% in the first quarter. BlackRock Inc. now owns 11,908,795 shares of the credit services provider’s stock worth $1,027,253,000 after purchasing an additional 329,921 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Total System Services by 132.5% in the second quarter. BNP Paribas Arbitrage SA now owns 505,526 shares of the credit services provider’s stock worth $42,727,000 after purchasing an additional 288,101 shares during the last quarter. Finally, Worldquant Millennium Quantitative Strategies LLC purchased a new position in shares of Total System Services in the second quarter worth $23,638,000. Institutional investors and hedge funds own 76.49% of the company’s stock.

Shares of TSS stock traded down $0.70 during trading hours on Wednesday, reaching $98.08. The company’s stock had a trading volume of 755,932 shares, compared to its average volume of 1,257,663. The firm has a market cap of $17.91 billion, a P/E ratio of 30.68, a P/E/G ratio of 1.60 and a beta of 1.18. Total System Services has a one year low of $64.56 and a one year high of $100.39. 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, October 1st. Shareholders of record on Thursday, September 20th will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date is Wednesday, September 19th. Total System Services’s payout ratio is 16.15%.

About Total System Services

Total System Services, Inc provides payment processing, merchant, and related payment services to financial and nonfinancial institutions worldwide. The company operates through three segments: Merchant Solutions, Issuer Solutions, and Netspend. It offers general purpose reloadable prepaid and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers and businesses.

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