Telos Corporation (NASDAQ:TLS) Given Consensus Recommendation of “Hold” by Analysts

Telos Corporation (NASDAQ:TLS) has been given an average recommendation of “Hold” by the five research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $7.3750.

Several research analysts recently weighed in on TLS shares. Wedbush dropped their price target on Telos from $10.00 to $8.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 17th. BMO Capital Markets dropped their price target on Telos from $8.00 to $5.00 and set a “market perform” rating on the stock in a research report on Monday, March 16th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Telos in a research report on Monday, April 20th.

Telos Stock Down 0.7%

NASDAQ:TLS opened at $4.20 on Friday. The firm has a market capitalization of $314.24 million, a price-to-earnings ratio of -12.00 and a beta of 0.95. Telos has a 1-year low of $2.37 and a 1-year high of $8.36. The company has a current ratio of 2.59, a quick ratio of 2.57 and a debt-to-equity ratio of 0.05. The business’s fifty day moving average price is $4.28 and its 200 day moving average price is $5.04.

Telos (NASDAQ:TLS) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. The firm had revenue of $47.74 million for the quarter, compared to analyst estimates of $44.63 million. Telos had a negative return on equity of 11.95% and a negative net margin of 14.25%. On average, sell-side analysts forecast that Telos will post -0.22 earnings per share for the current fiscal year.

Insider Transactions at Telos

In related news, EVP Edward Hutchinson Jr. Robbins sold 64,527 shares of Telos stock in a transaction on Wednesday, March 18th. The stock was 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 owned 567,278 shares of the company’s stock, valued at approximately $2,280,457.56. This trade represents a 10.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 105,723 shares of company stock worth $425,292 over the last ninety days. 14.90% of the stock is currently owned by company insiders.

Institutional Trading of Telos

A number of institutional investors have recently bought and sold shares of TLS. Weber Capital Management LLC ADV acquired a new stake in Telos during the fourth quarter valued at $9,152,000. Two Sigma Investments LP boosted its position in Telos by 322.9% during the third quarter. Two Sigma Investments LP now owns 908,565 shares of the company’s stock valued at $6,215,000 after purchasing an additional 693,716 shares during the last quarter. Jane Street Group LLC acquired a new stake in Telos during the second quarter valued at $1,801,000. Marshall Wace LLP boosted its position in Telos by 161.6% during the third quarter. Marshall Wace LLP now owns 911,148 shares of the company’s stock valued at $6,232,000 after purchasing an additional 562,878 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in Telos during the fourth quarter valued at $2,494,000. Institutional investors and hedge funds own 62.14% of the company’s stock.

About Telos

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.