Telos Corporation (NASDAQ:TLS) Given Average Rating of “Hold” by Analysts

Telos Corporation (NASDAQ:TLS) has received a consensus rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $7.75.

A number of equities research analysts have commented on TLS shares. B. Riley Financial reissued a “buy” rating and issued a $9.00 price objective (up previously from $8.50) on shares of Telos in a research note on Tuesday, November 11th. Wedbush increased their target price on Telos from $9.00 to $10.00 and gave the stock an “outperform” rating in a report on Tuesday, November 11th. DA Davidson boosted their price target on shares of Telos from $4.00 to $7.50 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Telos in a report on Wednesday, January 21st.

Telos Trading Down 10.0%

TLS opened at $4.50 on Thursday. The company has a fifty day moving average price of $5.38 and a two-hundred day moving average price of $5.80. Telos has a 1-year low of $1.83 and a 1-year high of $8.36. The company has a market cap of $331.89 million, a P/E ratio of -10.98 and a beta of 0.98. The company has a current ratio of 2.76, a quick ratio of 2.67 and a debt-to-equity ratio of 0.05.

Telos (NASDAQ:TLS) last issued its earnings results on Monday, November 10th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.02 by $0.07. Telos had a negative return on equity of 26.12% and a negative net margin of 20.47%.The company had revenue of $51.44 million during the quarter, compared to the consensus estimate of $45.70 million. Analysts predict that Telos will post -0.68 EPS for the current fiscal year.

Insider Activity

In other news, Director Fredrick Schaufeld sold 155,794 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $5.87, for a total value of $914,510.78. Following the completion of the sale, the director directly owned 1,182,904 shares of the company’s stock, valued at $6,943,646.48. This represents a 11.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Gary Mark Bendza sold 242,337 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $6.19, for a total value of $1,500,066.03. Following the completion of the transaction, the executive vice president owned 637,574 shares in the company, valued at $3,946,583.06. This represents a 27.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 502,317 shares of company stock worth $3,019,651. 14.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Telos

Several large investors have recently bought and sold shares of the stock. Invesco Ltd. grew its stake in shares of Telos by 51.3% in the 1st quarter. Invesco Ltd. now owns 40,042 shares of the company’s stock worth $95,000 after acquiring an additional 13,584 shares in the last quarter. AQR Capital Management LLC purchased a new position in Telos during the first quarter worth about $39,000. NewEdge Advisors LLC grew its position in Telos by 28.7% in the 1st quarter. NewEdge Advisors LLC now owns 17,918 shares of the company’s stock worth $43,000 after purchasing an additional 4,000 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Telos by 69.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 24,649 shares of the company’s stock valued at $78,000 after buying an additional 10,100 shares during the last quarter. Finally, FNY Investment Advisers LLC bought a new position in shares of Telos during the 2nd quarter worth approximately $53,000. 62.14% of the stock is currently owned by 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.