Telos Co. (NASDAQ:TLS) Given Average Rating of "Hold" by Brokerages

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

Several research analysts recently weighed in on the stock. Needham & Company LLC restated a "hold" rating on shares of Telos in a research report on Wednesday, March 12th. BMO Capital Markets cut their price target on Telos from $3.00 to $2.25 and set a "market perform" rating on the stock in a research note on Monday, May 12th. Wall Street Zen upgraded Telos from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Wedbush reissued an "outperform" rating and set a $6.00 price objective on shares of Telos in a report on Tuesday, March 11th. Finally, DA Davidson reduced their target price on shares of Telos from $3.50 to $2.50 and set a "neutral" rating on the stock in a research note on Tuesday, March 11th.

Institutional Trading of Telos

A number of institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in Telos by 28.7% during the first quarter. NewEdge Advisors LLC now owns 17,918 shares of the company's stock valued at $43,000 after purchasing an additional 4,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Telos by 9.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,181,590 shares of the company's stock valued at $17,097,000 after purchasing an additional 611,978 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of Telos in the 1st quarter valued at approximately $39,000. OLD Mission Capital LLC bought a new stake in Telos during the 1st quarter worth approximately $30,000. Finally, Tocqueville Asset Management L.P. raised its holdings in Telos by 17.7% during the 1st quarter. Tocqueville Asset Management L.P. now owns 465,000 shares of the company's stock worth $1,107,000 after buying an additional 70,000 shares during the period. 62.14% of the stock is owned by institutional investors.

Telos Price Performance

Telos stock traded up $0.10 on Thursday, reaching $2.55. The company's stock had a trading volume of 261,410 shares, compared to its average volume of 631,046. The business's fifty day moving average price is $2.53 and its 200 day moving average price is $3.01. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.59 and a current ratio of 3.64. The company has a market cap of $187.02 million, a price-to-earnings ratio of -3.64 and a beta of 0.95. Telos has a twelve month low of $1.83 and a twelve month high of $5.03.

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