Total System Services (TSS) Scheduled to Post Earnings on Tuesday
Total System Services (NYSE:TSS) will release its earnings data after the market closes on Tuesday, April 23rd. Analysts expect Total System Services to post earnings of $1.12 per share for the quarter. Total System Services has set its FY 2019 guidance at $4.75-4.90 EPS and its FY19 guidance at $4.75-4.90 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Total System Services (NYSE:TSS) last posted its earnings results on Tuesday, January 29th. The credit services provider reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.07. Total System Services had a net margin of 14.31% and a return on equity of 30.94%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $968.62 million. On average, analysts expect Total System Services to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NYSE:TSS opened at $100.54 on Monday. Total System Services has a 52 week low of $75.58 and a 52 week high of $100.98. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.21 and a quick ratio of 2.21. The company has a market cap of $17.84 billion, a P/E ratio of 23.60, a PEG ratio of 1.79 and a beta of 1.11.
A number of research firms recently commented on TSS. Goldman Sachs Group raised shares of Total System Services from a “neutral” rating to a “buy” rating and increased their target price for the company from $98.00 to $115.00 in a research report on Wednesday, April 17th. Robert W. Baird increased their target price on shares of Total System Services from $98.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, March 29th. Zacks Investment Research raised shares of Total System Services from a “sell” rating to a “hold” rating in a research report on Thursday, March 28th. Nomura reissued a “buy” rating on shares of Total System Services in a research report on Thursday, January 31st. Finally, KeyCorp increased their target price on shares of Total System Services from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, January 30th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Total System Services has a consensus rating of “Buy” and a consensus price target of $100.06.
In other Total System Services news, EVP Patricia A. Watson sold 37,519 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $93.79, for a total value of $3,518,907.01. Following the completion of the transaction, the executive vice president now owns 23,450 shares of the company’s stock, valued at $2,199,375.50. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Paul M. Todd sold 10,739 shares of the firm’s stock in a transaction on Friday, February 8th. The stock was sold at an average price of $91.23, for a total transaction of $979,718.97. Following the completion of the transaction, the chief financial officer now directly owns 62,891 shares of the company’s stock, valued at approximately $5,737,545.93. The disclosure for this sale can be found here. In the last ninety days, insiders sold 109,640 shares of company stock valued at $10,098,506. Corporate insiders own 2.00% of the company’s stock.
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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: Issuer Solutions, Merchant Solutions, and Consumer Solutions. 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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