Telos Corporation (NASDAQ:TLS) Receives Consensus Rating of "Hold" from Analysts

Telos Corporation (NASDAQ:TLS - Get Free Report) has been assigned an average recommendation of "Hold" from the five research firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $3.94.

A number of research analysts recently commented on the stock. Wall Street Zen raised shares of Telos from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. BMO Capital Markets reduced their price objective on shares of 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 Price Performance

Shares of TLS traded up $0.08 during midday trading on Friday, hitting $2.79. 740,447 shares of the company traded hands, compared to its average volume of 641,996. The firm has a 50 day moving average of $2.71 and a 200-day moving average of $2.86. Telos has a 52 week low of $1.83 and a 52 week high of $4.82. The stock has a market cap of $205.04 million, a price-to-earnings ratio of -3.72 and a beta of 0.98. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.94 and a current ratio of 4.00.

Hedge Funds Weigh In On Telos

Several institutional investors have recently bought and sold shares of TLS. Charles Schwab Investment Management Inc. boosted its stake in Telos by 5.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 444,473 shares of the company's stock valued at $1,520,000 after acquiring an additional 21,248 shares in the last quarter. Tocqueville Asset Management L.P. acquired a new stake in Telos in the fourth quarter valued at approximately $1,351,000. American Century Companies Inc. boosted its stake in Telos by 7.9% in the fourth quarter. American Century Companies Inc. now owns 95,933 shares of the company's stock valued at $328,000 after acquiring an additional 7,015 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in Telos in the fourth quarter valued at approximately $117,000. Finally, JPMorgan Chase & Co. boosted its stake in Telos by 75.3% in the fourth quarter. JPMorgan Chase & Co. now owns 299,206 shares of the company's stock valued at $1,023,000 after acquiring an additional 128,507 shares in the last quarter. 62.14% of the stock is 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.