Telos Co. (NASDAQ:TLS) Receives $4.50 Consensus PT from Analysts

Shares of Telos Co. (NASDAQ:TLS) have been given a consensus rating of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $4.50.

Several research analysts have recently weighed in on TLS shares. BMO Capital Markets dropped their price target on shares of Telos from $4.00 to $3.00 and set a “market perform” rating on the stock in a research note on Tuesday, August 13th. DA Davidson cut their price target on Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a report on Monday, August 12th. Needham & Company LLC restated a “hold” rating on shares of Telos in a research report on Monday, August 12th. Finally, B. Riley reaffirmed a “buy” rating and set a $5.00 price objective on shares of Telos in a research report on Thursday, August 29th.

Insider Activity

In other Telos news, CEO John B. Wood bought 158,644 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was purchased at an average price of $2.39 per share, for a total transaction of $379,159.16. Following the completion of the transaction, the chief executive officer now owns 5,026,925 shares of the company’s stock, valued at approximately $12,014,350.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 12.40% of the company’s stock.

Hedge Funds Weigh In On Telos

Hedge funds and other institutional investors have recently modified their holdings of the stock. Natixis Advisors L.P. purchased a new position in shares of Telos during the fourth quarter valued at about $432,000. Jump Financial LLC grew its holdings in Telos by 307.9% during the 4th quarter. Jump Financial LLC now owns 95,452 shares of the company’s stock valued at $348,000 after buying an additional 72,052 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its holdings in Telos by 228.3% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 74,632 shares of the company’s stock valued at $272,000 after buying an additional 51,901 shares in the last quarter. Masters Capital Management LLC boosted its position in shares of Telos by 3.3% during the 4th quarter. Masters Capital Management LLC now owns 3,100,000 shares of the company’s stock valued at $11,315,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new position in shares of Telos in the fourth quarter valued at $85,000. Institutional investors own 62.14% of the company’s stock.

Telos Price Performance

Telos stock opened at $3.67 on Friday. Telos has a one year low of $1.87 and a one year high of $5.03. The stock has a fifty day moving average of $3.56 and a 200 day moving average of $3.72. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.70 and a current ratio of 4.76. The stock has a market cap of $265.19 million, a PE ratio of -8.34 and a beta of 0.96.

Telos (NASDAQ:TLS) last released its quarterly earnings results on Friday, August 9th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.11. The firm had revenue of $28.50 million during the quarter, compared to analyst estimates of $26.57 million. Telos had a negative net margin of 22.74% and a negative return on equity of 22.81%. As a group, sell-side analysts predict that Telos will post -0.72 EPS for the current year.

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.