Total System Services, Inc. (NYSE:TSS) – Investment analysts at First Analysis issued their Q3 2018 earnings per share estimates for Total System Services in a research report issued to clients and investors on Sunday. First Analysis analyst L. Berlin forecasts that the credit services provider will earn $0.92 per share for the quarter.

Several other brokerages have also weighed in on TSS. Nomura raised their price objective on shares of Total System Services from $71.00 to $79.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Citigroup Inc. raised their price objective on shares of Total System Services from $71.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Stifel Nicolaus reissued a “hold” rating and set a $75.00 price objective (up from $69.00) on shares of Total System Services in a report on Wednesday, October 25th. Jefferies Group LLC raised their price objective on shares of Total System Services from $59.00 to $73.00 and gave the stock a “hold” rating in a report on Monday. Finally, Stephens raised their price objective on shares of Total System Services from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $69.36.

ILLEGAL ACTIVITY WARNING: “Total System Services, Inc. (TSS) Expected to Post Q3 2018 Earnings of $0.92 Per Share” was published by Watch List News and is the property of of Watch List News. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at https://www.watchlistnews.com/total-system-services-inc-tss-expected-to-post-q3-2018-earnings-of-0-92-per-share/1673942.html. Total System Services (NYSE:TSS) last announced its quarterly earnings results on Tuesday, October 24th. The credit services provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.07. Total System Services had a net margin of 8.73% and a return on equity of 26.25%. The firm had revenue of $852.80 million during the quarter, compared to analysts’ expectations of $842.30 million. During the same period in the previous year, the company earned $0.71 earnings per share. Total System Services’s quarterly revenue was up 8.0% compared to the same quarter last year.

In other news, CFO Paul M. Todd sold 4,057 shares of the company’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $63.50, for a total value of $257,619.50. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Regentatlantic Capital LLC grew its holdings in shares of Total System Services by 0.4% in the 2nd quarter. Regentatlantic Capital LLC now owns 4,756 shares of the credit services provider’s stock worth $277,000 after purchasing an additional 19 shares during the last quarter. OLD National Bancorp IN grew its holdings in shares of Total System Services by 0.6% in the 2nd quarter. OLD National Bancorp IN now owns 3,882 shares of the credit services provider’s stock worth $226,000 after purchasing an additional 25 shares during the last quarter. Sentry Investment Management LLC grew its holdings in shares of Total System Services by 0.4% in 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. Capital Investment Advisors LLC grew its holdings in shares of Total System Services by 0.3% in the 2nd quarter. Capital Investment Advisors LLC now owns 18,983 shares of the credit services provider’s stock worth $1,106,000 after purchasing an additional 54 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of Total System Services by 1.4% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 4,445 shares of the credit services provider’s stock worth $259,000 after purchasing an additional 60 shares during the last quarter. 76.23% of the stock is currently owned by institutional investors and hedge funds.

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)

Receive News & Ratings for Total System Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total System Services Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.