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

Telos Corporation (NASDAQ:TLS) has received an average rating of “Hold” from the five analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $4.8333.

A number of equities research analysts have recently weighed in on the company. Wedbush boosted their price target on Telos from $4.00 to $6.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Telos in a report on Saturday, September 27th. Wall Street Zen upgraded Telos from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. DA Davidson boosted their price target on Telos from $2.25 to $4.00 and gave the company a “neutral” rating in a report on Tuesday, August 12th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $4.50 price target (up from $2.25) on shares of Telos in a report on Tuesday, August 12th.

Insider Activity

In related news, Director John W. Maluda sold 52,595 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $6.60, for a total transaction of $347,127.00. Following the completion of the transaction, the director directly owned 185,387 shares in the company, valued at $1,223,554.20. This represents a 22.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Derrick D. Dockery sold 4,500 shares of the company’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $6.87, for a total value of $30,915.00. Following the transaction, the director owned 182,600 shares of the company’s stock, valued at approximately $1,254,462. The trade was a 2.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 537,544 shares of company stock worth $3,579,041 over the last 90 days. Insiders own 14.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers boosted its position in Telos by 3.4% during the 2nd quarter. Rhumbline Advisers now owns 82,432 shares of the company’s stock worth $261,000 after acquiring an additional 2,740 shares during the period. American Century Companies Inc. boosted its position in Telos by 3.6% during the 2nd quarter. American Century Companies Inc. now owns 112,106 shares of the company’s stock worth $355,000 after acquiring an additional 3,889 shares during the period. NewEdge Advisors LLC boosted its position in Telos by 28.7% during the 1st quarter. NewEdge Advisors LLC now owns 17,918 shares of the company’s stock worth $43,000 after acquiring an additional 4,000 shares during the period. Bank of New York Mellon Corp boosted its position in Telos by 7.3% during the 1st quarter. Bank of New York Mellon Corp now owns 131,602 shares of the company’s stock worth $313,000 after acquiring an additional 8,957 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its position in Telos by 69.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 24,649 shares of the company’s stock worth $78,000 after acquiring an additional 10,100 shares during the period. Institutional investors and hedge funds own 62.14% of the company’s stock.

Telos Price Performance

Shares of NASDAQ TLS opened at $7.21 on Friday. Telos has a twelve month low of $1.83 and a twelve month high of $7.33. The company has a current ratio of 2.65, a quick ratio of 2.55 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $524.17 million, a price-to-earnings ratio of -9.36 and a beta of 1.07. The business has a 50 day simple moving average of $5.77 and a 200-day simple moving average of $3.74.

Telos Company Profile

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.