Telos Co. (NASDAQ:TLS) Given Consensus Recommendation of “Moderate Buy” by Analysts

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

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

Telos Price Performance

Shares of NASDAQ:TLS opened at $3.55 on Monday. The stock has a market cap of $256.51 million, a price-to-earnings ratio of -8.26 and a beta of 0.96. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.76 and a quick ratio of 4.70. Telos has a 12 month low of $1.89 and a 12 month high of $5.03. The stock’s 50 day moving average price is $3.50 and its 200 day moving average price is $3.65.

Telos (NASDAQ:TLS) last issued its quarterly 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. The company had revenue of $28.50 million for the quarter, compared to analysts’ expectations of $26.57 million. Telos had a negative return on equity of 22.81% and a negative net margin of 22.74%. Equities research analysts anticipate that Telos will post -0.75 earnings per share for the current fiscal year.

Insider Buying and Selling at Telos

In other Telos news, CEO John B. Wood bought 158,644 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were bought at an average price of $2.39 per share, for a total transaction of $379,159.16. Following the acquisition, the chief executive officer now directly owns 5,026,925 shares of the company’s stock, valued at approximately $12,014,350.75. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 12.40% of the company’s stock.

Hedge Funds Weigh In On Telos

A number of hedge funds have recently modified their holdings of the stock. GSA Capital Partners LLP increased its stake in shares of Telos by 9.0% during the 1st quarter. GSA Capital Partners LLP now owns 349,335 shares of the company’s stock worth $1,453,000 after purchasing an additional 28,960 shares during the last quarter. SG Americas Securities LLC bought a new stake in Telos during the first quarter worth approximately $58,000. Oppenheimer & Co. Inc. acquired a new position in Telos during the first quarter valued at approximately $247,000. Inspire Investing LLC bought a new position in shares of Telos in the first quarter valued at approximately $916,000. Finally, Acadian Asset Management LLC lifted its stake in shares of Telos by 4.5% in the first quarter. Acadian Asset Management LLC now owns 2,068,075 shares of the company’s stock worth $8,600,000 after buying an additional 88,336 shares during the last quarter. 62.14% of the stock is owned by institutional investors and hedge funds.

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.