Telos (NASDAQ:TLS) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Telos (NASDAQ:TLS) from a sell rating to a hold rating in a research report released on Thursday morning.

Several other research analysts also recently commented on the company. Wedbush reiterated an “outperform” rating and set a $6.00 target price on shares of Telos in a research note on Tuesday, March 11th. Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a research report on Wednesday, March 12th. DA Davidson decreased their price objective on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. Finally, BMO Capital Markets cut their target price on shares of Telos from $3.00 to $2.25 and set a “market perform” rating for the company in a research note on Monday, May 12th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $3.94.

Telos Price Performance

Shares of TLS opened at $2.51 on Thursday. The company has a current ratio of 3.64, a quick ratio of 3.59 and a debt-to-equity ratio of 0.06. The company’s fifty day simple moving average is $2.54 and its 200 day simple moving average is $3.06. Telos has a 1-year low of $1.83 and a 1-year high of $5.03. The company has a market cap of $184.45 million, a price-to-earnings ratio of -3.59 and a beta of 0.95.

Telos (NASDAQ:TLS) last released its quarterly earnings data on Monday, March 10th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.05). The firm had revenue of $26.37 million for the quarter, compared to analyst estimates of $25.55 million. Telos had a negative return on equity of 28.19% and a negative net margin of 40.80%. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. On average, research analysts forecast that Telos will post -0.68 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. NBC Securities Inc. grew its stake in shares of Telos by 100,808.3% in the first quarter. NBC Securities Inc. now owns 12,109 shares of the company’s stock valued at $28,000 after acquiring an additional 12,097 shares in the last quarter. OLD Mission Capital LLC bought a new stake in Telos in the 1st quarter valued at about $30,000. AQR Capital Management LLC acquired a new position in shares of Telos during the 1st quarter worth approximately $39,000. NewEdge Advisors LLC increased its holdings in shares of Telos by 28.7% during the first quarter. NewEdge Advisors LLC now owns 17,918 shares of the company’s stock worth $43,000 after purchasing an additional 4,000 shares during the period. Finally, ProShare Advisors LLC raised its position in shares of Telos by 49.1% in the fourth quarter. ProShare Advisors LLC now owns 15,512 shares of the company’s stock valued at $53,000 after buying an additional 5,105 shares in the last quarter. Institutional investors own 62.14% of the company’s stock.

About Telos

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.