Analysts Set Telos Corporation (NASDAQ:TLS) PT at $7.38

Shares of Telos Corporation (NASDAQ:TLS) have been given a consensus recommendation of “Hold” by the five analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $7.3750.

Several brokerages have issued reports on TLS. Weiss Ratings restated a “sell (d-)” rating on shares of Telos in a research report on Monday, April 20th. BMO Capital Markets decreased their price target on Telos from $8.00 to $5.00 and set a “market perform” rating for the company in a research note on Monday, March 16th. Finally, Wedbush dropped their price objective on Telos from $10.00 to $8.00 and set an “outperform” rating for the company in a report on Tuesday, March 17th.

Insider Buying and Selling at Telos

In other news, EVP Edward Hutchinson Jr. Robbins sold 64,527 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $4.02, for a total transaction of $259,398.54. Following the completion of the sale, the executive vice president directly owned 567,278 shares of the company’s stock, valued at approximately $2,280,457.56. The trade was a 10.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 105,723 shares of company stock worth $425,292 in the last ninety days. 14.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Telos

A number of hedge funds have recently added to or reduced their stakes in TLS. Invesco Ltd. raised its stake in shares of Telos by 51.3% during the first quarter. Invesco Ltd. now owns 40,042 shares of the company’s stock valued at $95,000 after acquiring an additional 13,584 shares in the last quarter. AQR Capital Management LLC bought a new stake in Telos during the 1st quarter valued at $39,000. NewEdge Advisors LLC lifted its holdings in shares of Telos by 28.7% in the 1st quarter. NewEdge Advisors LLC now owns 17,918 shares of the company’s stock worth $43,000 after buying an additional 4,000 shares during the period. Rhumbline Advisers increased its stake in shares of Telos by 3.4% during the second quarter. Rhumbline Advisers now owns 82,432 shares of the company’s stock valued at $261,000 after buying an additional 2,740 shares during the period. Finally, American Century Companies Inc. raised its holdings in shares of Telos by 3.6% in the second quarter. American Century Companies Inc. now owns 112,106 shares of the company’s stock valued at $355,000 after acquiring an additional 3,889 shares in the last quarter. 62.14% of the stock is currently owned by institutional investors.

Telos Stock Down 0.7%

Shares of TLS opened at $4.40 on Tuesday. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 0.06. The business has a fifty day moving average of $4.23 and a 200 day moving average of $5.25. The company has a market cap of $339.94 million, a PE ratio of -8.80 and a beta of 0.94. Telos has a 52-week low of $1.83 and a 52-week high of $8.36.

Telos (NASDAQ:TLS) last released its earnings results on Monday, March 16th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.04. The firm had revenue of $46.78 million during the quarter, compared to analyst estimates of $45.22 million. Telos had a negative net margin of 22.17% and a negative return on equity of 20.30%. On average, sell-side analysts expect that Telos will post -0.22 EPS for the current year.

Telos Company Profile

Telos Corporation (NASDAQ: TLS) is a provider of cybersecurity, secure communications, and enterprise IT solutions designed to help organizations manage risk, accelerate mission delivery and maintain compliance. The company’s core business activities encompass risk management and compliance automation, secure mobility, zero-trust architecture, cloud security, and identity and access management. Telos serves a diverse customer base that includes U.S. federal agencies, the Department of Defense, intelligence communities and select commercial enterprises.

Among its flagship offerings is the Xacta® platform, which automates assessment and authorization for IT systems and cloud environments, helping clients streamline compliance with NIST, FedRAMP and other frameworks.