Brokerages predict that Total System Services, Inc. (NYSE:TSS) will post $0.99 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Total System Services’ earnings. The lowest EPS estimate is $0.92 and the highest is $1.03. Total System Services posted earnings of $0.82 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 20.7%. The company is scheduled to issue its next quarterly earnings report on Tuesday, April 24th.
According to Zacks, analysts expect that Total System Services will report full-year earnings of $4.17 per share for the current fiscal year, with EPS estimates ranging from $4.10 to $4.25. For the next fiscal year, analysts forecast that the company will post earnings of $4.70 per share, with EPS estimates ranging from $4.39 to $5.05. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow Total System Services.
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 analysts’ consensus estimates of $0.79 by $0.03. The business had revenue of $870.61 million during the quarter, compared to the consensus estimate of $848.20 million. Total System Services had a return on equity of 26.50% and a net margin of 11.90%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.71 earnings per share.
Total System Services (NYSE TSS) opened at $89.51 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $16,270.00, a price-to-earnings ratio of 36.84, a price-to-earnings-growth ratio of 1.57 and a beta of 1.11. Total System Services has a twelve month low of $50.96 and a twelve month high of $90.74.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Thursday, March 22nd will be given a dividend of $0.13 per share. The ex-dividend date is Wednesday, March 21st. This represents a $0.52 annualized dividend and a dividend yield of 0.58%. Total System Services’s dividend payout ratio (DPR) is presently 21.40%.
In other Total System Services news, Director Philip W. Tomlinson sold 234,759 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $88.49, for a total value of $20,773,823.91. Following the transaction, the director now directly owns 331,250 shares of the company’s stock, valued at $29,312,312.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard W. Ussery sold 7,546 shares of the firm’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $88.29, for a total value of $666,236.34. The disclosure for this sale can be found here. Insiders have sold 692,200 shares of company stock worth $59,978,168 over the last ninety days. 2.60% of the stock is currently owned by insiders.
A number of large investors have recently made changes to their positions in TSS. Victory Capital Management Inc. boosted its position in Total System Services by 10.4% in the third quarter. Victory Capital Management Inc. now owns 33,529 shares of the credit services provider’s stock worth $2,196,000 after purchasing an additional 3,165 shares during the last quarter. State of Wisconsin Investment Board boosted its position in Total System Services by 5.1% in the third quarter. State of Wisconsin Investment Board now owns 196,130 shares of the credit services provider’s stock worth $12,846,000 after purchasing an additional 9,471 shares during the last quarter. State of Tennessee Treasury Department boosted its position in Total System Services by 40.1% in the third quarter. State of Tennessee Treasury Department now owns 63,460 shares of the credit services provider’s stock worth $4,157,000 after purchasing an additional 18,159 shares during the last quarter. Swiss National Bank boosted its position in Total System Services by 1.3% in the third quarter. Swiss National Bank now owns 609,718 shares of the credit services provider’s stock worth $39,937,000 after purchasing an additional 7,700 shares during the last quarter. Finally, Jennison Associates LLC purchased a new position in Total System Services in the third quarter worth about $573,000. 76.51% 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.
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