Media coverage about Total System Services (NYSE:TSS) has been trending somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Total System Services earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news coverage about the credit services provider an impact score of 54 out of 100, indicating that recent media coverage is somewhat likely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Accern’s rankings:
- Total System Services, Inc. (TSS) Expected to Post Earnings of $0.76 Per Share (americanbankingnews.com)
- Total System Services Inc (TSS) Ichimoku Levels Indicate Positive Trend – Financial News Review (finnewsreview.com)
- Total System Services’ (TSS) “Outperform” Rating Reaffirmed at BMO Capital Markets (americanbankingnews.com)
- ETFs with exposure to Total System Services, Inc. : June 22, 2017 (finance.yahoo.com)
- TSYS Named to The Civic 50 in 2017 (finance.yahoo.com)
Several brokerages have issued reports on TSS. Barclays PLC lifted their target price on shares of Total System Services from $65.00 to $67.00 and gave the company an “overweight” rating in a research report on Thursday, May 25th. Zacks Investment Research lowered shares of Total System Services from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub lowered shares of Total System Services from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Instinet lifted their target price on shares of Total System Services from $61.00 to $66.00 and gave the company a “buy” rating in a research report on Tuesday, June 6th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $67.00 target price (up from $64.00) on shares of Total System Services in a research report on Thursday, June 22nd. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $61.71.
Total System Services (TSS) remained flat at $58.73 on Tuesday. The company had a trading volume of 182,579 shares. Total System Services has a one year low of $46.22 and a one year high of $60.64. The company has a 50 day moving average price of $58.77 and a 200 day moving average price of $54.28. The firm has a market cap of $10.81 billion, a PE ratio of 32.39 and a beta of 1.11.
Total System Services (NYSE:TSS) last posted its earnings results on Tuesday, April 25th. The credit services provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.20 billion. Total System Services had a return on equity of 25.16% and a net margin of 7.86%. The company’s quarterly revenue was up 62.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.66 EPS. On average, equities analysts predict that Total System Services will post $3.24 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, July 3rd. Stockholders of record on Thursday, June 22nd will be given a dividend of $0.10 per share. The ex-dividend date is Tuesday, June 20th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.68%. Total System Services’s dividend payout ratio is currently 22.10%.
In related news, Director Richard W. Ussery sold 48,000 shares of the stock in a transaction on Monday, June 12th. The stock was sold at an average price of $59.19, for a total transaction of $2,841,120.00. Following the sale, the director now owns 219,968 shares in the company, valued at approximately $13,019,905.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman M Troy Woods sold 6,500 shares of the stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of $57.30, for a total value of $372,450.00. Following the sale, the chairman now owns 285,966 shares in the company, valued at approximately $16,385,851.80. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by corporate insiders.
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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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