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

Telos Co. (NASDAQ:TLS) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat.com 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 target price among analysts that have issued a report on the stock in the last year is $4.50.

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

Telos Price Performance

Telos stock opened at $3.42 on Thursday. Telos has a 52-week low of $1.89 and a 52-week high of $5.03. The company has a quick ratio of 4.70, a current ratio of 4.76 and a debt-to-equity ratio of 0.06. The firm’s fifty day moving average is $3.39 and its 200 day moving average is $3.70. The company has a market cap of $245.41 million, a price-to-earnings ratio of -7.77 and a beta of 0.96.

Telos (NASDAQ:TLS) last announced its earnings results on Friday, August 9th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.11. Telos had a negative net margin of 22.74% and a negative return on equity of 22.81%. The firm had revenue of $28.50 million for the quarter, compared to analysts’ expectations of $26.57 million. Sell-side analysts forecast that Telos will post -0.75 EPS for the current fiscal year.

Insider Transactions at Telos

In related news, CEO John B. Wood acquired 158,644 shares of the stock in a transaction on Monday, August 12th. The stock was bought at an average cost of $2.39 per share, with a total value of $379,159.16. Following the transaction, the chief executive officer now directly owns 5,026,925 shares in the company, valued at approximately $12,014,350.75. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 12.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Masters Capital Management LLC raised its holdings in shares of Telos by 3.3% in 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. Quadrature Capital Ltd purchased a new stake in Telos during the fourth quarter worth $85,000. Cannon Global Investment Management LLC purchased a new stake in Telos during the first quarter worth $94,000. Pinnacle Associates Ltd. increased its holdings in shares of Telos by 3.0% in the 1st quarter. Pinnacle Associates Ltd. now owns 2,779,376 shares of the company’s stock valued at $11,562,000 after acquiring an additional 81,610 shares during the period. Finally, Fifth Lane Capital LP purchased a new stake in shares of Telos during the 1st quarter worth $44,000. 62.14% of the stock is currently owned by hedge funds and other 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.