Brokerages Set Telos Corporation (NASDAQ:TLS) Target Price at $7.38

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

Several equities research analysts have weighed in on TLS shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Telos in a research report on Monday. Wedbush dropped their target price on Telos from $10.00 to $8.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 17th. Finally, BMO Capital Markets dropped their target price on Telos from $8.00 to $5.00 and set a “market perform” rating on the stock in a research report on Monday, March 16th.

Telos Stock Performance

Shares of TLS opened at $4.26 on Tuesday. Telos has a 12-month low of $1.83 and a 12-month high of $8.36. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.57 and a quick ratio of 2.57. The business’s fifty day moving average price is $4.22 and its 200 day moving average price is $5.32. The stock has a market capitalization of $329.13 million, a PE ratio of -8.52 and a beta of 0.94.

Telos (NASDAQ:TLS) last issued its earnings results on Monday, March 16th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.04. Telos had a negative return on equity of 20.30% and a negative net margin of 22.17%.The firm had revenue of $46.78 million for the quarter, compared to analyst estimates of $45.22 million. Equities research analysts forecast that Telos will post -0.22 EPS for the current year.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TLS. Weber Capital Management LLC ADV acquired a new position in shares of Telos during the fourth quarter valued at $9,152,000. Two Sigma Investments LP increased its holdings in shares of Telos by 322.9% during the third quarter. Two Sigma Investments LP now owns 908,565 shares of the company’s stock valued at $6,215,000 after purchasing an additional 693,716 shares during the period. Jane Street Group LLC acquired a new position in shares of Telos during the second quarter valued at $1,801,000. Marshall Wace LLP increased its holdings in shares of Telos by 161.6% during the third quarter. Marshall Wace LLP now owns 911,148 shares of the company’s stock valued at $6,232,000 after purchasing an additional 562,878 shares during the period. Finally, Lazard Asset Management LLC acquired a new position in shares of Telos during the fourth quarter valued at $2,494,000. 62.14% of the stock is owned by institutional investors and hedge funds.

Telos Company Profile

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.