Analysts Set Telos Co. (NASDAQ:TLS) Price Target at $4.50

Shares of Telos Co. (NASDAQ:TLS) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $4.50.

Several research analysts have weighed in on the company. B. Riley reiterated a “buy” rating and issued a $5.00 target price on shares of Telos in a research note on Thursday, August 29th. BMO Capital Markets decreased their price target on Telos from $4.00 to $3.00 and set a “market perform” rating on the stock in a research note on Tuesday, August 13th. DA Davidson decreased their price target on Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a research note on Monday, August 12th. Finally, Needham & Company LLC restated a “hold” rating on shares of Telos in a research note on Monday, August 12th.

Telos Price Performance

Shares of NASDAQ TLS opened at $3.67 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.70 and a current ratio of 4.76. Telos has a fifty-two week low of $1.87 and a fifty-two week high of $5.03. The firm has a market capitalization of $265.19 million, a PE ratio of -8.32 and a beta of 0.96. The stock’s 50-day simple moving average is $3.57 and its 200-day simple moving average is $3.72.

Telos (NASDAQ:TLS) last released its quarterly earnings results on Friday, August 9th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.11. The firm had revenue of $28.50 million for the quarter, compared to the consensus estimate of $26.57 million. Telos had a negative return on equity of 22.81% and a negative net margin of 22.74%. As a group, equities research analysts forecast that Telos will post -0.72 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO John B. Wood acquired 158,644 shares of the business’s stock in a transaction on Monday, August 12th. The shares were purchased at an average price of $2.39 per share, for a total transaction of $379,159.16. Following the completion of the purchase, the chief executive officer now directly owns 5,026,925 shares of the company’s stock, valued at approximately $12,014,350.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 12.40% of the company’s stock.

Hedge Funds Weigh In On Telos

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Natixis Advisors L.P. bought a new position in Telos during the 4th quarter valued at $432,000. Jump Financial LLC boosted its stake in Telos by 307.9% during the 4th quarter. Jump Financial LLC now owns 95,452 shares of the company’s stock valued at $348,000 after purchasing an additional 72,052 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its stake in Telos by 228.3% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 74,632 shares of the company’s stock valued at $272,000 after purchasing an additional 51,901 shares in the last quarter. Masters Capital Management LLC boosted its stake in Telos by 3.3% during the 4th quarter. Masters Capital Management LLC now owns 3,100,000 shares of the company’s stock valued at $11,315,000 after purchasing an additional 100,000 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in Telos during the 4th quarter valued at $85,000. 62.14% of the stock is owned by institutional investors.

Telos Company Profile

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.