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

Shares of Telos Co. (NASDAQ:TLS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six brokerages that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $4.80.

A number of analysts have issued reports on the company. Needham & Company LLC reissued a "hold" rating on shares of Telos in a research note on Monday, August 12th. 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. B. Riley reaffirmed a "buy" rating and set a $5.00 price target on shares of Telos in a research note on Thursday, August 29th. Finally, BMO Capital Markets boosted their price objective on shares of Telos from $3.00 to $4.50 and gave the company a "market perform" rating in a research note on Wednesday, November 13th.

Hedge Funds Weigh In On Telos

Hedge funds and other institutional investors have recently made changes to their positions in the business. Barclays PLC lifted its position in Telos by 0.6% during the 3rd quarter. Barclays PLC now owns 9,180,956 shares of the company's stock worth $32,961,000 after acquiring an additional 52,320 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Telos during the third quarter worth $64,000. XTX Topco Ltd purchased a new position in shares of Telos in the third quarter valued at $240,000. EP Wealth Advisors LLC acquired a new stake in Telos during the 3rd quarter valued at $3,665,000. Finally, State Street Corp increased its stake in Telos by 27.0% during the 3rd quarter. State Street Corp now owns 933,156 shares of the company's stock worth $3,350,000 after buying an additional 198,676 shares during the period. Institutional investors and hedge funds own 62.14% of the company's stock.

Telos Stock Performance

Telos stock remained flat at $3.40 during midday trading on Friday. The company had a trading volume of 186,355 shares, compared to its average volume of 585,260. The company's 50-day moving average is $3.61 and its 200-day moving average is $3.68. Telos has a 1 year low of $1.89 and a 1 year high of $5.03. The company has a current ratio of 3.64, a quick ratio of 3.59 and a debt-to-equity ratio of 0.06.

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.