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

Shares of Telos Corporation (NASDAQ:TLS) have been given an average rating of “Hold” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $7.75.

TLS has been the subject of a number of research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Telos in a report on Wednesday, January 21st. B. Riley Financial reissued a “buy” rating and set a $9.00 price target (up from $8.50) on shares of Telos in a research report on Tuesday, November 11th. DA Davidson upped their price target on Telos from $4.00 to $7.50 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. Finally, Wedbush lifted their price objective on Telos from $9.00 to $10.00 and gave the company an “outperform” rating in a research note on Tuesday, November 11th.

Telos Price Performance

Telos stock opened at $4.00 on Monday. Telos has a 1 year low of $1.83 and a 1 year high of $8.36. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.67 and a current ratio of 2.76. The firm has a 50 day moving average price of $5.02 and a 200 day moving average price of $5.91. The company has a market cap of $294.71 million, a price-to-earnings ratio of -9.75 and a beta of 1.03.

Insider Activity at Telos

In related news, Director Fredrick Schaufeld sold 22,239 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $6.02, for a total transaction of $133,878.78. Following the completion of the sale, the director directly owned 948,718 shares of the company’s stock, valued at approximately $5,711,282.36. This represents a 2.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Gary Mark Bendza sold 242,337 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $6.19, for a total value of $1,500,066.03. Following the transaction, the executive vice president owned 637,574 shares in the company, valued at approximately $3,946,583.06. This represents a 27.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 14.90% of the stock is owned by insiders.

Institutional Trading of Telos

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sound Income Strategies LLC purchased a new position in Telos in the fourth quarter valued at about $26,000. Covestor Ltd acquired a new position in shares of Telos in the 4th quarter valued at approximately $29,000. CWM LLC raised its position in shares of Telos by 156.2% in the 4th quarter. CWM LLC now owns 7,448 shares of the company’s stock valued at $38,000 after purchasing an additional 4,541 shares in the last quarter. Quarry LP acquired a new stake in shares of Telos during the fourth quarter worth approximately $39,000. Finally, AQR Capital Management LLC acquired a new stake in shares of Telos during the first quarter worth approximately $39,000. 62.14% of the stock is owned by hedge funds and other institutional investors.

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.