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DA Davidson Weighs in on Telos' FY2024 Earnings (NASDAQ:TLS)

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Telos Co. (NASDAQ:TLS - Free Report) - Research analysts at DA Davidson boosted their FY2024 earnings per share (EPS) estimates for shares of Telos in a report released on Wednesday, November 13th. DA Davidson analyst R. Kessinger now forecasts that the company will earn ($0.66) per share for the year, up from their previous estimate of ($0.76). DA Davidson currently has a "Neutral" rating and a $2.50 target price on the stock. The consensus estimate for Telos' current full-year earnings is ($0.75) per share. DA Davidson also issued estimates for Telos' Q4 2024 earnings at ($0.20) EPS and FY2025 earnings at ($0.39) EPS.

Several other research firms have also commented on TLS. B. Riley reaffirmed a "buy" rating and set a $5.00 target price on shares of Telos in a report on Thursday, August 29th. Needham & Company LLC reaffirmed a "hold" rating on shares of Telos in a research note on Monday, August 12th. Finally, BMO Capital Markets lifted their price objective on Telos from $3.00 to $4.50 and gave the stock a "market perform" rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $4.80.

Check Out Our Latest Research Report on TLS

Telos Price Performance

NASDAQ TLS traded down $0.20 on Friday, reaching $3.30. 492,502 shares of the company's stock traded hands, compared to its average volume of 578,451. The stock has a market cap of $238.85 million, a PE ratio of -5.00 and a beta of 0.96. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.64 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 has a 50-day simple moving average of $3.62 and a 200 day simple moving average of $3.69.

Institutional Trading of Telos

Several large investors have recently modified their holdings of TLS. US Bancorp DE bought a new stake in Telos in the third quarter valued at $39,000. Intech Investment Management LLC bought a new stake in shares of Telos during the 3rd quarter valued at about $49,000. SG Americas Securities LLC purchased a new position in shares of Telos during the first quarter valued at about $58,000. Lazard Asset Management LLC bought a new position in Telos in the first quarter worth about $58,000. Finally, OneDigital Investment Advisors LLC lifted its holdings in Telos by 26.5% in the third quarter. OneDigital Investment Advisors LLC now owns 25,300 shares of the company's stock worth $91,000 after buying an additional 5,300 shares during the period. 62.14% of the stock is owned by institutional investors.

Telos Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Telos (NASDAQ:TLS)

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