Telos (TLS) Scheduled to Post Quarterly Earnings on Tuesday

Telos (NASDAQ:TLSGet Rating) is scheduled to release its earnings data before the market opens on Tuesday, May 10th. Analysts expect Telos to post earnings of ($0.26) per share for the quarter. Telos has set its Q1 2022 guidance at EPS and its FY 2022 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Telos (NASDAQ:TLSGet Rating) last posted its earnings results on Wednesday, March 16th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of ($0.16) by $0.27. Telos had a negative net margin of 18.30% and a negative return on equity of 18.55%. During the same quarter in the prior year, the firm earned $0.08 earnings per share. On average, analysts expect Telos to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of NASDAQ:TLS traded down $0.05 during midday trading on Tuesday, hitting $7.94. 2,854 shares of the company’s stock were exchanged, compared to its average volume of 445,576. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.76 and a quick ratio of 3.74. The stock has a 50 day moving average price of $9.70 and a 200-day moving average price of $14.24. The company has a market cap of $538.89 million, a PE ratio of -11.93 and a beta of 2.01. Telos has a 12 month low of $7.58 and a 12 month high of $36.92.

Several research firms have recently commented on TLS. B. Riley decreased their target price on shares of Telos from $22.00 to $12.50 and set a “buy” rating for the company in a research report on Thursday, March 17th. BMO Capital Markets cut shares of Telos from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $20.00 to $14.00 in a report on Friday, February 25th. Northland Securities cut their price target on shares of Telos from $30.00 to $13.00 in a report on Friday, March 18th. Colliers Securities upgraded shares of Telos from a “neutral” rating to a “buy” rating and set a $20.00 price target on the stock in a report on Wednesday, January 19th. Finally, Needham & Company LLC cut their price target on shares of Telos from $22.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, March 17th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $20.06.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. purchased a new stake in shares of Telos during the 4th quarter valued at approximately $63,000. Marshall Wace LLP purchased a new stake in shares of Telos during the 4th quarter valued at approximately $101,000. Royal Bank of Canada lifted its stake in shares of Telos by 119.4% during the 3rd quarter. Royal Bank of Canada now owns 4,246 shares of the company’s stock valued at $120,000 after buying an additional 2,311 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Telos during the 4th quarter valued at approximately $215,000. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Telos by 5.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 21,088 shares of the company’s stock valued at $325,000 after buying an additional 1,158 shares in the last quarter. Hedge funds and other institutional investors own 67.91% of the company’s stock.

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.

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