Total System Services (NYSE:TSS) has been given a $148.00 target price by research analysts at Robert W. Baird in a research report issued on Friday, TipRanks reports. The firm presently has a “buy” rating on the credit services provider’s stock. Robert W. Baird’s price target would indicate a potential upside of 11.84% from the stock’s current price.
Other research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Iterum Therapeutics from a “hold” rating to a “buy” rating and set a $9.00 target price on the stock in a research note on Thursday, March 28th. Barclays set a $89.00 target price on shares of Franco Nevada and gave the stock a “hold” rating in a research note on Friday. ValuEngine lowered shares of Zosano Pharma from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. KeyCorp reissued a “hold” rating on shares of Silgan in a research note on Wednesday, April 24th. Finally, Guggenheim reissued a “hold” rating on shares of Burlington Stores in a research note on Thursday, May 30th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $112.36.
Shares of NYSE:TSS traded up $0.55 during trading on Friday, reaching $132.33. The stock had a trading volume of 1,090,015 shares, compared to its average volume of 1,581,422. The business’s fifty day moving average is $129.44. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.85. Total System Services has a 52 week low of $75.58 and a 52 week high of $135.47. The stock has a market capitalization of $23.33 billion, a PE ratio of 31.06, a price-to-earnings-growth ratio of 2.35 and a beta of 0.82.
Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, April 23rd. The credit services provider reported $1.15 EPS for the quarter, beating the Zacks’ consensus estimate of $1.12 by $0.03. Total System Services had a net margin of 14.63% and a return on equity of 31.25%. The company had revenue of $980.30 million for the quarter, compared to analyst estimates of $998.73 million. During the same period in the prior year, the firm posted $1.13 EPS. The company’s quarterly revenue was up 4.8% on a year-over-year basis. As a group, research analysts predict that Total System Services will post 4.64 earnings per share for the current year.
Several institutional investors have recently added to or reduced their stakes in TSS. Berman Capital Advisors LLC lifted its stake in shares of Total System Services by 119.6% in the first quarter. Berman Capital Advisors LLC now owns 325 shares of the credit services provider’s stock valued at $30,000 after buying an additional 177 shares in the last quarter. Icon Wealth Partners LLC purchased a new stake in shares of Total System Services in the first quarter valued at about $32,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of Total System Services in the first quarter valued at about $33,000. Pittenger & Anderson Inc. purchased a new stake in shares of Total System Services in the first quarter valued at about $33,000. Finally, Liberty Wealth Management LLC purchased a new stake in shares of Total System Services in the fourth quarter valued at about $34,000. 77.16% of the stock is currently owned by hedge funds and other institutional investors.
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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