Telos Co. (NASDAQ:TLS) Receives Average Rating of "Hold" from Brokerages

Shares of Telos Co. (NASDAQ:TLS - Get Free Report) have been assigned an average rating of "Hold" from the five ratings firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $3.94.

TLS has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Telos from a "sell" rating to a "hold" rating in a report on Thursday. DA Davidson decreased their price target on Telos from $3.50 to $2.50 and set a "neutral" rating on the stock in a research note on Tuesday, March 11th. Needham & Company LLC restated a "hold" rating on shares of Telos in a report on Wednesday, March 12th. Wedbush reaffirmed an "outperform" rating and issued a $6.00 price objective on shares of Telos in a research note on Tuesday, March 11th. Finally, BMO Capital Markets decreased their target price on Telos from $3.00 to $2.25 and set a "market perform" rating on the stock in a research report on Monday, May 12th.

Telos Stock Performance

Shares of NASDAQ TLS traded up $0.01 during mid-day trading on Thursday, hitting $2.49. 55,221 shares of the company were exchanged, compared to its average volume of 630,111. The firm has a market cap of $183.27 million, a price-to-earnings ratio of -3.55 and a beta of 0.95. The stock has a 50 day simple moving average of $2.55 and a 200-day simple moving average of $3.07. Telos has a 1-year low of $1.83 and a 1-year high of $5.03. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06.

Telos (NASDAQ:TLS - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.05). The business had revenue of $26.37 million for the quarter, compared to analyst estimates of $25.55 million. Telos had a negative return on equity of 28.19% and a negative net margin of 40.80%. During the same period in the prior year, the company earned ($0.09) EPS. On average, sell-side analysts forecast that Telos will post -0.68 EPS for the current fiscal year.

Institutional Investors Weigh In On Telos

A number of hedge funds and other institutional investors have recently modified their holdings of the company. NBC Securities Inc. grew its holdings in Telos by 100,808.3% in the 1st quarter. NBC Securities Inc. now owns 12,109 shares of the company's stock valued at $28,000 after buying an additional 12,097 shares during the period. OLD Mission Capital LLC acquired a new stake in shares of Telos in the first quarter worth approximately $30,000. AQR Capital Management LLC purchased a new stake in Telos in the first quarter valued at approximately $39,000. NewEdge Advisors LLC increased its position in Telos by 28.7% during the first quarter. NewEdge Advisors LLC now owns 17,918 shares of the company's stock worth $43,000 after purchasing an additional 4,000 shares during the last quarter. Finally, ProShare Advisors LLC increased its position in Telos by 49.1% during the fourth quarter. ProShare Advisors LLC now owns 15,512 shares of the company's stock worth $53,000 after purchasing an additional 5,105 shares during the last quarter. 62.14% of the stock is currently owned by hedge funds and other institutional investors.

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.

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