The Goldman Sachs Group Begins Coverage on Telos (NASDAQ:TLS)

Key Points

• Goldman Sachs initiated coverage of Telos with a Hold rating. The consensus is also Hold, with an average price target of $7.60; analysts’ views include three Buys, four Holds and one Sell.
• Telos beat quarterly expectations, reporting EPS of $0.09 versus a $0.04 estimate and revenue of $55.2 million versus $50.11 million expected.
• Executives sold shares in recent months: insiders sold 570,549 shares worth about $2.46 million over three months. Insiders own 14.9% of the company.

Investment analysts at The Goldman Sachs Group initiated coverage on shares of Telos (NASDAQ:TLS - Get Free Report) in a research note issued on Monday, Zacks reports. The brokerage set a "hold" rating on the stock.

Several other research analysts have also weighed in on TLS. Wedbush raised their price objective on shares of Telos from $5.00 to $7.00 and gave the stock a "neutral" rating in a report on Tuesday. Zacks Research lowered shares of Telos from a "strong-buy" rating to a "hold" rating in a research note on Monday. B. Riley Financial increased their price target on shares of Telos from $9.00 to $11.00 and gave the stock a "buy" rating in a research report on Tuesday. Weiss Ratings upgraded Telos from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 26th. Finally, Yorkville Ives started coverage on Telos in a report on Monday, October 5th. They issued an "outperform" rating and a $6.00 price objective for the company. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Telos presently has a consensus rating of "Hold" and an average price target of $7.60.

Telos Price Performance

TLS stock opened at $7.65 on Monday. The stock's 50 day moving average is $4.71 and its two-hundred day moving average is $4.55. Telos has a 52-week low of $3.79 and a 52-week high of $7.96. The company has a market capitalization of $571.74 million, a PE ratio of -63.75 and a beta of 0.98. The company has a quick ratio of 2.26, a current ratio of 2.49 and a debt-to-equity ratio of 0.04.

Telos (NASDAQ:TLS - Get Free Report) last released its earnings results on Monday, November 9th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.04 by $0.05. Telos had a positive return on equity of 4.17% and a negative net margin of 4.66%. The company had revenue of $55.20 million during the quarter, compared to analysts' expectations of $50.11 million. Analysts predict that Telos will post -0.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Gary Bendza sold 174,539 shares of the stock in a transaction on Friday, September 18th. The stock was sold at an average price of $4.05, for a total value of $706,882.95. Following the completion of the transaction, the executive vice president owned 337,008 shares of the company's stock, valued at approximately $1,364,882.40. This represents a 34.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO John B. Wood sold 96,151 shares of Telos stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $4.05, for a total transaction of $389,411.55. Following the sale, the chief executive officer owned 1,505,867 shares in the company, valued at approximately $6,098,761.35. This represents a 6.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 570,549 shares of company stock valued at $2,464,843 over the last three months. Corporate insiders own 14.90% of the company's stock.

Hedge Funds Weigh In On Telos

Institutional investors and hedge funds have recently bought and sold shares of the stock. Focus Advisor Solutions LLC acquired a new stake in shares of Telos in the 3rd quarter worth approximately $44,000. White Pine Capital LLC acquired a new position in shares of Telos during the third quarter valued at approximately $1,001,000. R Squared Ltd increased its stake in shares of Telos by 40.5% during the third quarter. R Squared Ltd now owns 18,716 shares of the company's stock valued at $76,000 after acquiring an additional 5,396 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in Telos during the third quarter worth approximately $42,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Telos during the third quarter worth approximately $158,000. Institutional investors own 62.14% of the company's stock.

More Telos News

Here's some of the latest news about TLS:

• Positive Sentiment: Telos beat third-quarter earnings expectations, with identity services supporting revenue growth and an expansion of its Xacta work. The company also raised its 2026 outlook. TLS Q3 Earnings Beat Estimates on Identity Strength, Guidance Raised
• Positive Sentiment: Management highlighted new cybersecurity contracts, plans to exit lower-margin resale activity and initiatives aimed at improving margins and supporting growth in 2027. TLS Q3 Earnings Call Highlights 2027 Growth and Margin Plans
• Negative Sentiment: Zacks Research downgraded Telos from Strong Buy to Hold, tempering the positive signals from the earnings report and other analyst target increases. Zacks Research recommendations

Telos Company Profile

Telos Corporation is a cybersecurity and information technology company serving government agencies and commercial organizations. Its offerings include cybersecurity services, secure network and cloud solutions, identity management, and technology consulting. The company's products include the Xacta platform, which helps organizations manage cybersecurity risk and compliance, and Telos ID, which provides identity verification and authentication services. Telos also supports secure communications and mobility for customers with demanding security requirements.

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