Telos (NASDAQ:TLS) Announces Quarterly Earnings Results

Telos (NASDAQ:TLS) announced its quarterly earnings results on Monday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.05), Zacks reports. Telos had a negative net margin of 40.80% and a negative return on equity of 28.19%.

Telos Price Performance

NASDAQ:TLS opened at $2.59 on Monday. The firm has a market capitalization of $187.54 million, a price-to-earnings ratio of -3.78 and a beta of 0.90. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.59 and a current ratio of 3.64. Telos has a 52-week low of $1.89 and a 52-week high of $5.03. The stock has a fifty day moving average of $3.24 and a 200 day moving average of $3.43.

Analyst Ratings Changes

Separately, BMO Capital Markets boosted their target price on shares of Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a research report on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Telos presently has an average rating of “Hold” and an average target price of $4.50.

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.