Telos Co. (NASDAQ:TLS) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Telos Co. (NASDAQ:TLS) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $4.80.

Several research analysts have recently commented on the company. BMO Capital Markets boosted their target price on Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. DA Davidson lowered their target price on Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a research note on Monday, August 12th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a research report on Monday, August 12th. Finally, B. Riley reissued a “buy” rating and set a $5.00 price objective on shares of Telos in a report on Thursday, August 29th.

Telos Trading Up 4.9 %

Shares of TLS stock opened at $3.40 on Friday. The company has a market capitalization of $246.10 million, a P/E ratio of -4.86 and a beta of 0.96. Telos has a 12-month low of $1.89 and a 12-month high of $5.03. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06. The firm has a 50-day moving average price of $3.61 and a 200 day moving average price of $3.68.

Institutional Investors Weigh In On Telos

Institutional investors have recently modified their holdings of the business. EP Wealth Advisors LLC acquired a new stake in shares of Telos during the third quarter worth $3,665,000. Bank of Montreal Can bought a new position in Telos during the second quarter worth about $1,128,000. State Street Corp grew its position in shares of Telos by 27.0% during the 3rd quarter. State Street Corp now owns 933,156 shares of the company’s stock worth $3,350,000 after buying an additional 198,676 shares during the period. Renaissance Technologies LLC increased its stake in shares of Telos by 22.9% in the 2nd quarter. Renaissance Technologies LLC now owns 1,024,400 shares of the company’s stock valued at $4,118,000 after acquiring an additional 190,700 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its stake in shares of Telos by 28.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 839,855 shares of the company’s stock valued at $3,015,000 after acquiring an additional 186,059 shares during the last quarter. Institutional investors and hedge funds own 62.14% of the company’s stock.

About Telos

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.