The Week

TSS fell 5.26% this week to close at $8.46, against a 0.08% dip in the S&P 500, leaving it roughly 5.18 percentage points behind the benchmark. With no major catalyst, the stock chopped lower before a mild Friday recovery: Monday (Sep 14) closed at $8.45, Tuesday (Sep 15) tagged the week’s low at $8.11, and Wednesday through Friday traded between $8.35 and $8.62. Thursday (Sep 17) bounced to the week’s high of $8.78, then Friday (Sep 18) eased back to $8.46, with a weekly amplitude of 7.82%.

Analyst Ratings

Two brokers cover the stock: one rates it buy and one overweight, with no hold, underweight or sell ratings. The consensus rating is buy, and the consensus target is $16.5, about 95.04% above the latest price of $8.46. Targets range from $13 to $20, reflecting a wide spread. Within IT consulting, TSS ranks 23rd out of 35 peers, below the industry median.

The Week Ahead

US macro data dominates next week: the Richmond Fed composite index lands on Tuesday (Sep 22), prior 4; Wednesday (Sep 23) brings EIA weekly crude oil and Cushing inventories, prior -0.64 and -0.342 respectively; Thursday (Sep 24) features initial jobless claims, current account balance, new home sales at a 0.607m prior and 0.608m forecast, plus EIA natural gas storage. TSS itself has no earnings or major announcement on the calendar, so price action is likely to track broader market and sector sentiment.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.