Telos Co. (NASDAQ:TLS) Receives Average Rating of “Hold” from Analysts

Shares of Telos Co. (NASDAQ:TLS – Get Rating) have been given a consensus rating of “Hold” by the six research firms that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $6.60.

A number of equities analysts have recently weighed in on TLS shares. Northland Securities lowered shares of Telos from an “outperform” rating to a “market perform” rating and set a $5.00 price objective for the company. in a research report on Tuesday, January 3rd. Needham & Company LLC lowered shares of Telos to a “hold” rating in a research report on Tuesday, November 15th. DA Davidson dropped their price target on shares of Telos to $4.00 in a research report on Tuesday, November 15th. B. Riley lowered shares of Telos from a “buy” rating to a “neutral” rating and upped their price target for the stock from $4.50 to $5.00 in a research report on Tuesday, November 15th. Finally, BMO Capital Markets dropped their price target on shares of Telos from $9.00 to $4.00 and set a “market perform” rating for the company in a research report on Thursday, November 10th.

Institutional Investors Weigh In On Telos

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Telos by 7.2% in the third quarter. Vanguard Group Inc. now owns 4,803,705 shares of the company’s stock worth $42,705,000 after acquiring an additional 321,808 shares in the last quarter. BlackRock Inc. increased its position in shares of Telos by 0.5% in the third quarter. BlackRock Inc. now owns 4,014,895 shares of the company’s stock worth $35,692,000 after acquiring an additional 21,036 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of Telos in the first quarter worth $27,666,000. Legal & General Group Plc increased its position in shares of Telos by 12.0% in the second quarter. Legal & General Group Plc now owns 2,541,750 shares of the company’s stock worth $20,537,000 after acquiring an additional 271,347 shares in the last quarter. Finally, Pinnacle Associates Ltd. increased its position in shares of Telos by 32.9% in the third quarter. Pinnacle Associates Ltd. now owns 2,288,296 shares of the company’s stock worth $20,343,000 after acquiring an additional 566,816 shares in the last quarter. Institutional investors and hedge funds own 60.44% of the company’s stock.

Telos Stock Performance

NASDAQ:TLS opened at $4.89 on Friday. The firm has a 50 day simple moving average of $4.79 and a 200-day simple moving average of $7.39. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.27 and a quick ratio of 3.19. The firm has a market cap of $328.66 million, a PE ratio of -8.29 and a beta of 0.46. Telos has a 1-year low of $3.35 and a 1-year high of $12.51.

Telos (NASDAQ:TLS – Get Rating) last posted its quarterly earnings data on Wednesday, November 9th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.13. The business had revenue of $63.59 million during the quarter, compared to analyst estimates of $59.93 million. Telos had a negative net margin of 17.16% and a negative return on equity of 23.10%. On average, equities analysts expect that Telos will post -0.79 EPS for the current year.

Telos Company Profile

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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.