Total System Services, Inc. (TSS): Is This Global Payment Solutions Provider a Good Buy Now?

It also does online lending via an e-commerce platform to expand its marginal profitability. Cash America International, Inc. (NYSE:CSH) also revised its full year 2013 EPS guidance to a range of $4.70 to $5.00 per share, mainly due to the expectation of a sluggish gold price until year-end.

My Foolish take

What Sean Williams likes about Total System Services, Inc. (NYSE:TSS) is the fact that a huge amount of transactions, around 85% of its total transactions, are in cash. Moreover, the company has been increasing its book value and raising its dividends in the past ten years. At its current trading price, the dividend yield is 1.6%.

However, I am not personally excited with its current market price and the double digit EBITDA multiple, combined with high amount of goodwill and intangible assets. I would rather wait for a lower price to initiate a long position.

Anh HOANG has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

The article Is This Global Payment Solutions Provider a Good Buy Now? originally appeared on Fool.com.

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