Northland Securities Analysts Give Telos (NASDAQ:TLS) a $11.00 Price Target

Northland Securities set a $11.00 price objective on Telos (NASDAQ:TLSGet Rating) in a research report released on Monday morning, The Fly reports.

TLS has been the subject of several other research reports. Needham & Company LLC lowered their price target on Telos from $22.00 to $12.00 and set a buy rating for the company in a research note on Thursday, March 17th. B. Riley decreased their target price on Telos from $12.50 to $10.50 in a research report on Wednesday, May 11th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus target price of $17.21.

Shares of NASDAQ TLS opened at $8.11 on Monday. The stock has a market cap of $550.41 million, a price-to-earnings ratio of -12.29 and a beta of 1.94. The business has a 50 day simple moving average of $8.35 and a 200 day simple moving average of $10.55. Telos has a 52 week low of $6.54 and a 52 week high of $34.68. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.37 and a current ratio of 3.41.

Telos (NASDAQ:TLSGet Rating) last announced its quarterly earnings results on Tuesday, May 10th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). Telos had a negative return on equity of 25.86% and a negative net margin of 18.82%. On average, analysts predict that Telos will post -0.82 EPS for the current year.

Institutional investors have recently made changes to their positions in the business. UMB Bank N A MO bought a new stake in Telos during the fourth quarter worth approximately $26,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Telos during the fourth quarter worth approximately $41,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Telos by 175.4% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,392 shares of the company’s stock worth $74,000 after purchasing an additional 4,708 shares during the period. Hemington Wealth Management acquired a new position in shares of Telos during the first quarter worth approximately $150,000. Finally, B. Riley Wealth Management Inc. acquired a new position in shares of Telos during the first quarter worth approximately $162,000. 67.91% of the stock is owned by hedge funds and other institutional investors.

Telos Company Profile (Get Rating)

Telos Corporation, together with its subsidiaries, provides information technology (IT) solutions and services worldwide. It provides Xacta, a premier platform for enterprise cyber risk management and security compliance automation solutions to large commercial and government enterprises; and Telos Ghost, a solution to eliminate cyber-attack surfaces by obfuscating and encrypting data, masking user identity and location, and hiding network resources, as well as provides security and privacy for intelligence gathering, cyber threat protection, securing critical infrastructure, and protecting communications and applications.

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