Telos Co. (NASDAQ:TLS) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of Telos Co. (NASDAQ:TLS - Get Free Report) have received an average rating of "Moderate Buy" from the six brokerages that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $4.50.

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

Insiders Place Their Bets

In other Telos news, CEO John B. Wood bought 158,644 shares of the stock in a transaction on Monday, August 12th. The stock was purchased at an average price of $2.39 per share, with a total value of $379,159.16. Following the completion of the purchase, the chief executive officer now owns 5,026,925 shares in the company, valued at $12,014,350.75. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 12.40% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Bank of Montreal Can acquired a new position in shares of Telos in the second quarter valued at approximately $1,128,000. Inspire Investing LLC acquired a new position in shares of Telos in the first quarter valued at approximately $916,000. Renaissance Technologies LLC increased its stake in shares of Telos by 22.9% in the second quarter. Renaissance Technologies LLC now owns 1,024,400 shares of the company's stock valued at $4,118,000 after buying an additional 190,700 shares during the period. Bank of New York Mellon Corp boosted its holdings in Telos by 1,396.5% in the second quarter. Bank of New York Mellon Corp now owns 180,901 shares of the company's stock valued at $727,000 after acquiring an additional 168,813 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Telos by 21.7% in the second quarter. Dimensional Fund Advisors LP now owns 776,406 shares of the company's stock valued at $3,121,000 after acquiring an additional 138,657 shares during the last quarter. Institutional investors and hedge funds own 62.14% of the company's stock.

Telos Stock Performance

Shares of Telos stock traded up $0.27 during trading on Monday, reaching $3.82. The company's stock had a trading volume of 863,254 shares, compared to its average volume of 554,359. The business's 50-day moving average price is $3.50 and its 200-day moving average price is $3.65. The firm has a market cap of $276.02 million, a PE ratio of -8.88 and a beta of 0.96. 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.

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

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.