Telos Co. (NASDAQ:TLS) Given Average Rating of “Buy” by Brokerages

Telos Co. (NASDAQ:TLSGet Rating) has earned an average recommendation of “Buy” from the eight brokerages that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $17.79.

Several equities analysts have recently issued reports on the company. Colliers Securities raised Telos from a “neutral” rating to a “buy” rating and set a $20.00 target price on the stock in a research note on Wednesday, January 19th. Needham & Company LLC dropped their target price on Telos from $22.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, March 17th. Northland Securities lowered their price target on Telos from $30.00 to $13.00 in a report on Friday, March 18th. B. Riley lowered their price target on Telos from $22.00 to $12.50 and set a “buy” rating on the stock in a report on Thursday, March 17th. Finally, Zacks Investment Research raised Telos from a “strong sell” rating to a “hold” rating in a report on Thursday, January 20th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in shares of Telos by 9.0% during the fourth quarter. BlackRock Inc. now owns 2,947,323 shares of the company’s stock worth $45,448,000 after purchasing an additional 242,695 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Telos by 21.6% during the third quarter. Victory Capital Management Inc. now owns 2,150,015 shares of the company’s stock valued at $61,103,000 after acquiring an additional 382,211 shares in the last quarter. Pinnacle Associates Ltd. grew its stake in Telos by 74.3% in the fourth quarter. Pinnacle Associates Ltd. now owns 1,620,354 shares of the company’s stock worth $24,986,000 after purchasing an additional 690,619 shares in the last quarter. Masters Capital Management LLC grew its stake in Telos by 41.8% in the fourth quarter. Masters Capital Management LLC now owns 1,500,000 shares of the company’s stock worth $23,130,000 after purchasing an additional 441,900 shares in the last quarter. Finally, Washington Harbour Partners LP grew its stake in Telos by 136.9% in the third quarter. Washington Harbour Partners LP now owns 1,495,825 shares of the company’s stock worth $42,511,000 after purchasing an additional 864,352 shares in the last quarter. 75.46% of the stock is owned by hedge funds and other institutional investors.

Shares of Telos stock traded down $0.52 on Friday, hitting $9.84. The stock had a trading volume of 486,794 shares, compared to its average volume of 1,297,384. The firm has a market capitalization of $667.84 million, a P/E ratio of -14.69 and a beta of 2.06. The stock has a 50 day moving average of $10.27 and a 200 day moving average of $16.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.74 and a current ratio of 3.76. Telos has a twelve month low of $8.51 and a twelve month high of $36.92.

Telos (NASDAQ:TLSGet Rating) last issued its quarterly earnings data on Wednesday, March 16th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.27. Telos had a negative return on equity of 18.55% and a negative net margin of 18.30%. During the same quarter in the previous year, the firm posted $0.08 EPS. Equities analysts expect that Telos will post -0.82 earnings per share for the current year.

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.

Further Reading

Analyst Recommendations for Telos (NASDAQ:TLS)

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