Total System Services (NYSE:TSS) had its price target raised by stock analysts at Morgan Stanley from $84.00 to $89.00 in a research note issued to investors on Wednesday, Marketbeat.com reports. The firm currently has a “hold” rating on the credit services provider’s stock. Morgan Stanley’s price target would indicate a potential upside of 1.17% from the company’s current price.

Several other research firms also recently issued reports on TSS. Zacks Investment Research raised Total System Services from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a report on Friday, December 15th. Barclays upped their price objective on Total System Services from $78.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, October 25th. Robert W. Baird upped their price objective on Total System Services from $76.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Credit Suisse Group reiterated a “neutral” rating and set a $87.00 target price (up previously from $73.00) on shares of Total System Services in a research report on Wednesday, January 17th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $91.00 target price on shares of Total System Services in a research report on Friday, December 22nd. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $81.46.

Total System Services (NYSE TSS) traded up $0.54 during trading hours on Wednesday, reaching $87.97. The company’s stock had a trading volume of 1,028,745 shares, compared to its average volume of 1,338,086. Total System Services has a 12-month low of $49.98 and a 12-month high of $89.26. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.03 and a current ratio of 1.09. The firm has a market cap of $16,351.28, a P/E ratio of 27.84, a price-to-earnings-growth ratio of 1.76 and a beta of 1.10.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, January 23rd. The credit services provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.03. Total System Services had a return on equity of 26.21% and a net margin of 11.90%. The firm had revenue of $870.61 million for the quarter, compared to the consensus estimate of $848.20 million. During the same quarter in the prior year, the business earned $0.71 EPS. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. analysts forecast that Total System Services will post 3.96 EPS for the current fiscal year.

In related news, Director Richard W. Ussery sold 7,546 shares of the company’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $88.29, for a total value of $666,236.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Patricia A. Watson sold 23,608 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $74.01, for a total transaction of $1,747,228.08. Following the completion of the sale, the executive vice president now owns 21,112 shares of the company’s stock, valued at approximately $1,562,499.12. The disclosure for this sale can be found here. 2.60% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TSS. Acadian Asset Management LLC acquired a new position in Total System Services in the 4th quarter worth $109,000. TLP Group LLC acquired a new position in Total System Services in the 2nd quarter worth $122,000. Parkwood LLC acquired a new position in Total System Services in the 3rd quarter worth $200,000. Cahaba Wealth Management Inc. acquired a new position in Total System Services in the 4th quarter worth $208,000. Finally, Reliance Trust Co. acquired a new position in Total System Services in the 3rd quarter worth $211,000. Institutional investors and hedge funds own 76.10% of the company’s stock.

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Total System Services Company Profile

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.

Analyst Recommendations for Total System Services (NYSE:TSS)

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