Telos Corporation (NASDAQ:TLS) Receives $3.94 Consensus PT from Analysts

Telos Corporation (NASDAQ:TLS) has been assigned an average recommendation of “Hold” from the five analysts that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $3.9375.

A number of analysts recently issued reports on TLS shares. Wall Street Zen raised Telos from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd. BMO Capital Markets lowered their price objective on shares of Telos from $3.00 to $2.25 and set a “market perform” rating on the stock in a report on Monday, May 12th.

Institutional Investors Weigh In On Telos

Hedge funds and other institutional investors have recently modified their holdings of the company. NBC Securities Inc. increased its position in shares of Telos by 100,808.3% in the first quarter. NBC Securities Inc. now owns 12,109 shares of the company’s stock worth $28,000 after purchasing an additional 12,097 shares during the period. OLD Mission Capital LLC bought a new position in shares of Telos in the first quarter worth $30,000. AQR Capital Management LLC bought a new position in shares of Telos in the first quarter worth $39,000. NewEdge Advisors LLC increased its position in shares of Telos by 28.7% in the first quarter. NewEdge Advisors LLC now owns 17,918 shares of the company’s stock worth $43,000 after purchasing an additional 4,000 shares during the period. Finally, ProShare Advisors LLC increased its position in shares of Telos by 49.1% in the fourth quarter. ProShare Advisors LLC now owns 15,512 shares of the company’s stock worth $53,000 after purchasing an additional 5,105 shares during the period. Institutional investors and hedge funds own 62.14% of the company’s stock.

Telos Stock Performance

Shares of NASDAQ:TLS opened at $2.47 on Tuesday. The firm’s 50 day simple moving average is $2.78 and its 200 day simple moving average is $2.79. Telos has a fifty-two week low of $1.83 and a fifty-two week high of $4.82. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.00 and a quick ratio of 3.94. The company has a market capitalization of $181.52 million, a price-to-earnings ratio of -3.29 and a beta of 0.96.

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.