Telos (NASDAQ:TLS) Now Covered by The Goldman Sachs Group

Equities research analysts at The Goldman Sachs Group started coverage on shares of Telos (NASDAQ:TLS) in a report released on Monday, Zacks reports. The brokerage set a “hold” rating on the stock.

A number of other equities research analysts also recently commented on the company. Zacks Research downgraded Telos from a “strong-buy” rating to a “hold” rating in a research report on Monday. Wall Street Zen cut Telos from a “buy” rating to a “hold” rating in a report on Saturday, November 7th. Yorkville Ives assumed coverage on Telos in a research report on Monday, October 5th. They set an “outperform” rating and a $6.00 target price on the stock. Weiss Ratings raised Telos from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 26th. Finally, Needham & Company LLC increased their price target on Telos from $6.00 to $9.00 and gave the company a “buy” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $7.60.

Telos Stock Down 0.3%

NASDAQ TLS opened at $7.65 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.49 and a quick ratio of 2.26. The company’s 50 day simple moving average is $4.71 and its 200 day simple moving average is $4.55. Telos has a 12 month low of $3.79 and a 12 month high of $7.96. The company has a market capitalization of $571.74 million, a P/E ratio of -63.75 and a beta of 0.98.

Telos (NASDAQ:TLS) last issued its earnings results on Monday, November 9th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. The firm had revenue of $55.20 million during the quarter, compared to analysts’ expectations of $50.11 million. Telos had a negative net margin of 4.66% and a positive return on equity of 4.17%. Equities research analysts expect that Telos will post -0.01 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Hutchinson Robbins sold 62,398 shares of the company’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $4.73, for a total transaction of $295,142.54. Following the completion of the sale, the executive vice president directly owned 589,915 shares of the company’s stock, valued at approximately $2,790,297.95. This represents a 9.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Gary Bendza sold 174,539 shares of the firm’s stock in a transaction on Friday, September 18th. The shares were sold at an average price of $4.05, for a total transaction of $706,882.95. Following the completion of the transaction, the executive vice president owned 337,008 shares in the company, valued at $1,364,882.40. The trade was a 34.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 570,549 shares of company stock valued at $2,464,843 over the last three months. Corporate insiders own 14.90% of the company’s stock.

Institutional Trading of Telos

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Globeflex Capital L P bought a new position in Telos in the 2nd quarter worth approximately $1,336,000. Renaissance Technologies LLC grew its stake in shares of Telos by 29.7% in the first quarter. Renaissance Technologies LLC now owns 1,118,914 shares of the company’s stock worth $4,688,000 after acquiring an additional 256,014 shares during the last quarter. White Pine Capital LLC acquired a new stake in shares of Telos in the third quarter worth $1,001,000. Dimensional Fund Advisors LP grew its stake in shares of Telos by 9.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,293,134 shares of the company’s stock worth $5,417,000 after acquiring an additional 115,884 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Telos during the second quarter worth $533,000. Institutional investors and hedge funds own 62.14% of the company’s stock.

Key Stories Impacting Telos

These are some of the TLS stories that stood out recently:

• Positive Sentiment: Management highlighted new cybersecurity contracts, plans to exit lower-margin resale activity and initiatives aimed at improving margins and supporting growth in 2027. TLS Q3 Earnings Call Highlights 2027 Growth and Margin Plans
• Positive Sentiment: B. Riley raised its price target to $11 and kept a Buy rating, while Needham lifted its target to $9 and also rated the shares Buy—both signaling more favorable analyst expectations. B. Riley analyst recommendations Needham analyst recommendations
• Negative Sentiment: Zacks Research downgraded Telos from Strong Buy to Hold, tempering the positive signals from the earnings report and other analyst target increases. Zacks Research recommendations

Telos Company Profile

Telos Corporation is a cybersecurity and information technology company serving government agencies and commercial organizations. Its offerings include cybersecurity services, secure network and cloud solutions, identity management, and technology consulting. The company’s products include the Xacta platform, which helps organizations manage cybersecurity risk and compliance, and Telos ID, which provides identity verification and authentication services. Telos also supports secure communications and mobility for customers with demanding security requirements.