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 analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $7.3750.

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

Telos Price Performance

NASDAQ TLS opened at $4.64 on Friday. The firm’s fifty day simple moving average is $4.31 and its two-hundred day simple moving average is $4.95. The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 0.05. Telos has a 12-month low of $2.37 and a 12-month high of $8.36. The firm has a market capitalization of $347.16 million, a P/E ratio of -13.26 and a beta of 0.95.

Telos (NASDAQ:TLS) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 14.25% and a negative return on equity of 11.95%. Analysts forecast that Telos will post -0.22 EPS for the current fiscal year.

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 sale, the executive vice president directly owned 567,278 shares of the company’s stock, valued at $2,280,457.56. The trade was a 10.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 105,723 shares of company stock worth $425,292 over the last 90 days. 14.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Telos

A number of large investors have recently made changes to their positions in TLS. Acuitas Investments LLC lifted its position in Telos by 48.0% during the third quarter. Acuitas Investments LLC now owns 771,813 shares of the company’s stock valued at $5,279,000 after purchasing an additional 250,400 shares during the period. JPMorgan Chase & Co. lifted its position in Telos by 391.6% during the third quarter. JPMorgan Chase & Co. now owns 193,081 shares of the company’s stock valued at $1,321,000 after purchasing an additional 153,802 shares during the period. Weber Capital Management LLC ADV acquired a new position in Telos during the fourth quarter valued at $9,152,000. Sound Income Strategies LLC acquired a new position in Telos during the fourth quarter valued at $26,000. Finally, Toth Financial Advisory Corp lifted its position in Telos by 13.2% during the fourth quarter. Toth Financial Advisory Corp now owns 24,091 shares of the company’s stock valued at $123,000 after purchasing an additional 2,800 shares during the period. 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.