Analysts Set Telos Corporation (NASDAQ:TLS) PT at $7.38

Telos Corporation (NASDAQ:TLS) has received a consensus rating of “Hold” from the five brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $7.3750.

A number of equities research analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Telos in a research note on Wednesday, January 21st. Wedbush lowered their target price on shares of Telos from $10.00 to $8.00 and set an “outperform” rating on the stock in a report on Tuesday, March 17th. Finally, BMO Capital Markets dropped their price target on shares of Telos from $8.00 to $5.00 and set a “market perform” rating on the stock in a research report on Monday, March 16th.

Insider Buying and Selling at Telos

In other news, EVP Edward Hutchinson Jr. Robbins sold 64,527 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $4.02, for a total transaction of $259,398.54. Following the transaction, the executive vice president directly owned 567,278 shares in the company, valued at $2,280,457.56. The trade was a 10.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders have sold 105,723 shares of company stock worth $425,292. 14.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Telos

Hedge funds have recently bought and sold shares of the company. Rhumbline Advisers raised its stake in Telos by 3.4% in the second quarter. Rhumbline Advisers now owns 82,432 shares of the company’s stock valued at $261,000 after buying an additional 2,740 shares during the period. Toth Financial Advisory Corp lifted its position in shares of Telos by 13.2% in the fourth quarter. Toth Financial Advisory Corp now owns 24,091 shares of the company’s stock valued at $123,000 after buying an additional 2,800 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Telos by 12.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 27,749 shares of the company’s stock worth $190,000 after acquiring an additional 3,100 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Telos by 5.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 67,936 shares of the company’s stock worth $347,000 after acquiring an additional 3,715 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Telos by 3.6% during the 2nd quarter. American Century Companies Inc. now owns 112,106 shares of the company’s stock worth $355,000 after acquiring an additional 3,889 shares during the last quarter. 62.14% of the stock is currently owned by institutional investors and hedge funds.

Telos Price Performance

NASDAQ:TLS opened at $4.24 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.57 and a current ratio of 2.57. The stock’s 50-day simple moving average is $4.61 and its 200 day simple moving average is $5.65. The company has a market cap of $314.69 million, a P/E ratio of -8.48 and a beta of 1.03. Telos has a 52-week low of $1.83 and a 52-week high of $8.36.

Telos (NASDAQ:TLS) last issued its quarterly earnings results on Monday, March 16th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.02 by $0.04. The firm had revenue of $46.78 million during the quarter, compared to analysts’ expectations of $45.22 million. Telos had a negative return on equity of 20.30% and a negative net margin of 22.17%. As a group, sell-side analysts forecast that Telos will post -0.68 EPS for the current fiscal year.

About Telos

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.