Zacks: Analysts Expect Total System Services, Inc. (NYSE:TSS) Will Post Earnings of $1.21 Per Share

Share on StockTwits

Equities research analysts predict that Total System Services, Inc. (NYSE:TSS) will report earnings of $1.21 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have issued estimates for Total System Services’ earnings. The lowest EPS estimate is $1.16 and the highest is $1.23. Total System Services reported earnings of $1.11 per share in the same quarter last year, which would indicate a positive year over year growth rate of 9%. The firm is expected to issue its next quarterly earnings results on Tuesday, July 23rd.

On average, analysts expect that Total System Services will report full-year earnings of $4.86 per share for the current year, with EPS estimates ranging from $4.84 to $4.90. For the next year, analysts anticipate that the business will post earnings of $5.53 per share, with EPS estimates ranging from $5.45 to $5.68. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Total System Services.

Total System Services (NYSE:TSS) last posted its quarterly earnings data on Tuesday, April 23rd. The credit services provider reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $998.73 million. During the same period in the previous year, the firm posted $1.13 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year.

A number of analysts have recently issued reports on the stock. Guggenheim reaffirmed a “hold” rating on shares of Burlington Stores in a report on Thursday, May 30th. Goldman Sachs Group downgraded shares of Megaport from a “buy” rating to a “neutral” rating in a report on Wednesday, April 17th. Robert W. Baird lifted their price objective on shares of Total System Services from $98.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, March 29th. Cowen downgraded shares of Total System Services from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 29th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Silgan in a report on Wednesday, April 24th. Seven analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $107.29.

A number of large investors have recently modified their holdings of TSS. Berman Capital Advisors LLC increased its position 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 acquiring an additional 177 shares during the period. Icon Wealth Partners LLC purchased a new position in shares of Total System Services in the first quarter valued at about $32,000. Patriot Financial Group Insurance Agency LLC purchased a new position in shares of Total System Services in the first quarter valued at about $33,000. Pittenger & Anderson Inc. purchased a new position in shares of Total System Services in the first quarter valued at about $33,000. Finally, Liberty Wealth Management LLC purchased a new position in shares of Total System Services in the fourth quarter valued at about $34,000. Institutional investors own 77.21% of the company’s stock.

Shares of NYSE TSS traded up $1.08 during mid-day trading on Wednesday, reaching $133.18. 23,516 shares of the company were exchanged, compared to its average volume of 1,078,800. Total System Services has a 52 week low of $75.58 and a 52 week high of $133.75. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.85. The stock has a market cap of $23.43 billion, a PE ratio of 31.26, a PEG ratio of 2.35 and a beta of 0.82. The stock has a 50 day moving average of $126.49.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 20th were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend was Wednesday, June 19th. Total System Services’s payout ratio is presently 12.21%.

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.

Further Reading: Dividend Aristocrat Index

Get a free copy of the Zacks research report on Total System Services (TSS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Total System Services (NYSE:TSS)

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