Telos Corporation (TLS) – What Are Analysts Saying About This Stock?

Telos Corporation (NASDAQ:TLS) has been given a consensus rating of “Moderate Buy” by the eight research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $6.42.

A number of brokerages have weighed in on TLS. Yorkville Ives assumed coverage on shares of Telos in a report on Monday, October 5th. They issued an “outperform” rating and a $6.00 price target for the company. Wedbush downgraded Telos from an “outperform” rating to a “neutral” rating and set a $5.00 price objective for the company. in a research report on Thursday, September 10th. Wall Street Zen cut Telos from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research raised Telos from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. Finally, Weiss Ratings raised Telos from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 26th.

Telos Stock Performance

Shares of NASDAQ:TLS traded up $0.04 during trading hours on Friday, hitting $4.82. The stock had a trading volume of 834,376 shares, compared to its average volume of 746,160. The stock’s fifty day simple moving average is $4.54 and its 200 day simple moving average is $4.52. The firm has a market capitalization of $360.25 million, a price-to-earnings ratio of -22.95 and a beta of 0.98. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.26 and a current ratio of 2.38. Telos has a 1-year low of $3.79 and a 1-year high of $8.36.

Telos (NASDAQ:TLS) last released its quarterly earnings results on Monday, August 10th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. The company had revenue of $47.75 million during the quarter, compared to analysts’ expectations of $45.16 million. Telos had a negative return on equity of 2.60% and a negative net margin of 8.13%. Sell-side analysts anticipate that Telos will post -0.01 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Derrick Dockery sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $4.43, for a total transaction of $53,160.00. Following the transaction, the director directly owned 156,591 shares of the company’s stock, valued at approximately $693,698.13. The trade was a 7.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Gary Bendza sold 200,000 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $4.55, for a total transaction of $910,000.00. Following the completion of the transaction, the executive vice president directly owned 537,008 shares in the company, valued at $2,443,386.40. This trade represents a 27.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 581,549 shares of company stock worth $2,512,583 over the last quarter. Company insiders own 14.90% of the company’s stock.

Institutional Investors Weigh In On Telos

Several hedge funds and other institutional investors have recently made changes to their positions in TLS. R Squared Ltd increased its holdings in shares of Telos by 40.5% during the 3rd quarter. R Squared Ltd now owns 18,716 shares of the company’s stock worth $76,000 after purchasing an additional 5,396 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Telos in the 2nd quarter valued at $34,000. Ashton Thomas Private Wealth LLC bought a new stake in Telos in the 3rd quarter valued at $42,000. SG Americas Securities LLC bought a new position in shares of Telos during the 1st quarter worth about $53,000. Finally, First Trust Advisors LP increased its stake in Telos by 13.7% in the first quarter. First Trust Advisors LP now owns 146,773 shares of the company’s stock valued at $615,000 after acquiring an additional 17,730 shares during the period. 62.14% of the stock is owned by institutional investors and hedge funds.

Telos Company Profile

Telos Corporation (NASDAQ: TLS) is a cybersecurity and information technology company that provides secure technology solutions to government and commercial organizations. The company focuses on helping customers protect critical systems, data and digital identities while supporting secure operations in complex and highly regulated environments.

Its offerings include cybersecurity consulting, cloud security, secure networking, identity and access management, risk management and governance solutions.