The stock of Total System Services, Inc. (NYSE:TSS) is a huge mover today! About 2.50M shares traded hands or 92.31% up from the average. Total System Services, Inc. (NYSE:TSS) has risen 5.69% since March 2, 2016 and is uptrending. It has underperformed by 2.57% the S&P500.
The move comes after 7 months positive chart setup for the $8.84B company. It was reported on Oct, 5 by Barchart.com. We have $78.47 PT which if reached, will make NYSE:TSS worth $5.39 billion more.
Analysts await Total System Services, Inc. (NYSE:TSS) to report earnings on October, 25. They expect $0.67 earnings per share, up 11.67% or $0.07 from last year’s $0.6 per share. TSS’s profit will be $121.52M for 18.19 P/E if the $0.67 EPS becomes a reality. After $0.69 actual earnings per share reported by Total System Services, Inc. for the previous quarter, Wall Street now forecasts -2.90% negative EPS growth.
Total System Services, Inc. (NYSE:TSS) Ratings Coverage
Out of 14 analysts covering Total System Services (NYSE:TSS), 8 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 57% are positive. Total System Services has been the topic of 27 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was initiated by Compass Point with “Neutral” on Friday, April 15. The rating was downgraded by Robert W. Baird to “Neutral” on Thursday, July 30. The rating was initiated by Credit Suisse on Friday, December 11 with “Underperform”. As per Tuesday, January 5, the company rating was upgraded by Credit Suisse. The stock of Total System Services, Inc. (NYSE:TSS) has “Outperform” rating given on Friday, May 6 by Cowen & Co. Barclays Capital maintained it with “Overweight” rating and $55 target price in Monday, April 11 report. The rating was maintained by Citigroup with “Buy” on Monday, June 13. The stock has “Equal-Weight” rating given by First Analysis on Wednesday, January 27. On Friday, August 12 the stock rating was upgraded by Robert W. Baird to “Outperform”. The stock of Total System Services, Inc. (NYSE:TSS) has “Buy” rating given on Wednesday, September 14 by Citigroup.
According to Zacks Investment Research, “Total System Services provides global commerce solutions. The company facilitates the payment exchange between buyers and sellers. TSYS’ systems capture and deliver more of the right information to our clients allowing them to make wiser business decisions yielding portfolio growth more than twice the industry average. TSYS and its family of companies offer a full range of business services from credit application to collections, allowing the company’ clients to focus on building their brands while we focus on safety, security, ease and convenience.”
Insitutional Activity: The institutional sentiment increased to 1.14 in 2016 Q2. Its up 0.39, from 0.75 in 2016Q1. The ratio is positive, as 32 funds sold all Total System Services, Inc. shares owned while 155 reduced positions. 72 funds bought stakes while 142 increased positions. They now own 129.55 million shares or 0.33% less from 129.99 million shares in 2016Q1.
Korea Corp has 0.03% invested in the company for 108,100 shares. Moreover, Old Mutual Customised Solutions (Proprietary) Limited has 0.05% invested in Total System Services, Inc. (NYSE:TSS) for 4,100 shares. Pineno Levin And Ford Asset Management has 74,150 shares for 2.04% of their US portfolio. Citadel Advsrs Ltd, a Illinois-based fund reported 931,158 shares. Louisiana State Employees Retirement System holds 11,100 shares or 0.03% of its portfolio. Amalgamated Financial Bank owns 14,862 shares or 0.04% of their US portfolio. Wellington Management Limited Liability Partnership last reported 0.02% of its portfolio in the stock. Mitsubishi Ufj Secs Limited has invested 0.04% of its portfolio in Total System Services, Inc. (NYSE:TSS). Panagora Asset Mgmt Inc holds 0.05% of its portfolio in Total System Services, Inc. (NYSE:TSS) for 197,850 shares. Reliance Communications Of Delaware has 6,133 shares for 0.02% of their US portfolio. Mizuho Tru & Limited reported 274,684 shares or 0.04% of all its holdings. Point72 Asset Management Lp holds 0.08% of its portfolio in Total System Services, Inc. (NYSE:TSS) for 226,700 shares. Voya Invest Mngmt Limited Liability Corporation owns 114,783 shares or 0.01% of their US portfolio. Princeton Alpha Mngmt Lp accumulated 38,760 shares or 0.37% of the stock. Southeast Asset Inc accumulated 0.36% or 20,782 shares.
Insider Transactions: Since April 29, 2016, the stock had 1 buy, and 5 sales for $8.01 million net activity. Shares for $3.10M were sold by TOMLINSON PHILIP W on Friday, May 20. The insider JOSEPH PAMELA A bought $266,980. WOODS M TROY sold $36,192 worth of stock or 680 shares. Shares for $2.53M were sold by PRUETT WILLIAM A on Friday, April 29. Shares for $572,840 were sold by WEAVER DORENDA K on Wednesday, May 11.
More recent Total System Services, Inc. (NYSE:TSS) news were published by: Investorplace.com which released: “Total System Services, Inc (TSS) Lost Its Momentum” on September 30, 2016. Also Benzinga.com published the news titled: “Cramer Gives His Opinion On Synovus Financial, Total System Services And …” on October 03, 2016. Forbes.com‘s news article titled: “Ex-Dividend Reminder: Federal Realty Investment Trust, LTC Properties and …” with publication date: September 16, 2016 was also an interesting one.
TSS Company Profile
Total System Services, Inc. (TSYS), incorporated on December 22, 1982, is a payment solutions well-known provider that provides services to financial and nonfinancial institutions. The Company’s divisions include North America Services, Merchant Services, NetSpend and International Services. The Firm also provides processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants. In addition, it provides general purpose reloadable (GPR) prepaid and payroll cards, and alternative financial service solutions to the underbanked and other consumers. The Company’s Merchant Services segment provides third party processing services to merchant acquirers and Independent Sales Organizations (ISOs) mainly in the United States. The Company’s NetSpend segment provides GPR prepaid debit and payroll cards, and convenience checks.
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