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

Shares of Telos Co. (NASDAQ:TLS) have earned an average rating of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $4.80.

Several equities research analysts recently weighed in on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a research note on Monday, August 12th. BMO Capital Markets upped their target price on shares of Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a research note on Wednesday, November 13th. B. Riley reaffirmed a “buy” rating and set a $5.00 target price on shares of Telos in a research note on Thursday, August 29th. Finally, DA Davidson dropped their price objective on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a research report on Monday, August 12th.

Telos Price Performance

Shares of TLS opened at $3.31 on Friday. Telos has a fifty-two week low of $1.89 and a fifty-two week high of $5.03. The firm’s 50 day moving average price is $3.60 and its 200 day moving average price is $3.68. The company has a market cap of $239.58 million, a P/E ratio of -4.73 and a beta of 0.92. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of TLS. EP Wealth Advisors LLC acquired a new position in shares of Telos in the 3rd quarter valued at $3,665,000. Bank of Montreal Can purchased a new position in Telos during the 2nd quarter worth $1,128,000. State Street Corp raised its position 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 last quarter. Renaissance Technologies LLC raised its position in Telos by 22.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,024,400 shares of the company’s stock worth $4,118,000 after buying an additional 190,700 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Telos by 28.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 839,855 shares of the company’s stock valued at $3,015,000 after purchasing an additional 186,059 shares in the last quarter. Institutional investors and hedge funds own 62.14% of the company’s stock.

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.