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

Telos Co. (NASDAQ:TLS) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $5.00.

Several research analysts have recently commented on the company. BMO Capital Markets reduced their price target on Telos from $4.50 to $4.00 and set a “market perform” rating on the stock in a report on Monday, May 13th. Wedbush reissued an “outperform” rating and set a $6.00 price objective on shares of Telos in a research report on Monday, May 13th. B. Riley raised their price objective on Telos from $4.50 to $5.50 and gave the stock a “buy” rating in a research report on Monday, March 18th. Needham & Company LLC reissued a “hold” rating on shares of Telos in a research report on Monday, June 24th. Finally, DA Davidson raised their price objective on Telos from $3.25 to $3.50 and gave the stock a “neutral” rating in a research report on Monday, March 18th.

Insider Buying and Selling at Telos

In other news, Director Fredrick Schaufeld bought 46,833 shares of the company’s stock in a transaction on Tuesday, May 28th. The stock was bought at an average cost of $4.47 per share, with a total value of $209,343.51. Following the transaction, the director now directly owns 734,753 shares in the company, valued at approximately $3,284,345.91. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Fredrick Schaufeld acquired 46,833 shares of the stock in a transaction dated Tuesday, May 28th. The stock was acquired at an average cost of $4.47 per share, with a total value of $209,343.51. Following the completion of the transaction, the director now owns 734,753 shares in the company, valued at approximately $3,284,345.91. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO John B. Wood acquired 50,000 shares of the stock in a transaction dated Tuesday, May 14th. The shares were bought at an average cost of $3.11 per share, with a total value of $155,500.00. Following the completion of the transaction, the chief executive officer now owns 4,843,281 shares of the company’s stock, valued at approximately $15,062,603.91. The disclosure for this purchase can be found here. Insiders bought a total of 503,610 shares of company stock valued at $1,970,882 in the last three months. 12.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Telos

Institutional investors and hedge funds have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. lifted its stake in Telos by 153.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,539,842 shares of the company’s stock worth $9,270,000 after purchasing an additional 1,537,848 shares during the last quarter. Natixis Advisors L.P. purchased a new stake in Telos during the fourth quarter worth approximately $432,000. Citigroup Inc. lifted its stake in Telos by 53.2% in the third quarter. Citigroup Inc. now owns 35,619 shares of the company’s stock valued at $85,000 after buying an additional 12,369 shares during the last quarter. Jump Financial LLC lifted its stake in Telos by 307.9% in the fourth quarter. Jump Financial LLC now owns 95,452 shares of the company’s stock valued at $348,000 after buying an additional 72,052 shares during the last quarter. Finally, GSA Capital Partners LLP lifted its stake in Telos by 69.5% in the third quarter. GSA Capital Partners LLP now owns 614,962 shares of the company’s stock valued at $1,470,000 after buying an additional 252,189 shares during the last quarter. 62.14% of the stock is owned by institutional investors and hedge funds.

Telos Stock Up 1.7 %

NASDAQ TLS opened at $3.69 on Tuesday. Telos has a 52 week low of $1.87 and a 52 week high of $5.03. The company has a quick ratio of 4.00, a current ratio of 4.05 and a debt-to-equity ratio of 0.06. The business’s fifty day simple moving average is $3.81 and its 200-day simple moving average is $3.88. The firm has a market cap of $264.79 million, a PE ratio of -8.39 and a beta of 0.98.

Telos (NASDAQ:TLS) last posted its quarterly earnings results on Friday, May 10th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.08. Telos had a negative return on equity of 22.69% and a negative net margin of 22.22%. The business had revenue of $29.62 million for the quarter, compared to analyst estimates of $28.50 million. As a group, equities analysts anticipate that Telos will post -0.77 earnings per share for the current year.

About Telos

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.