Analysts Set Telos Corporation (NASDAQ:TLS) Price Target at $3.94

Key Points

• Telos Corporation (NASDAQ:TLS) has received a consensus rating of "Hold" from five analysts, with three holding and two buying recommendations.
• The average 1-year price target for Telos shares is $3.9375, despite BMO Capital lowering their target from $3.00 to $2.25.
• Institutional investors hold 62.14% of Telos stock, with several making notable purchases in the second quarter of the year.

Shares of Telos Corporation (NASDAQ:TLS - Get Free Report) have earned a consensus recommendation of "Hold" from the five research firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $3.9375.

A number of equities analysts have recently weighed in on the company. Wall Street Zen raised Telos from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. BMO Capital Markets dropped their price target on Telos from $3.00 to $2.25 and set a "market perform" rating for the company in a research note on Monday, May 12th.

Telos Price Performance

Shares of TLS traded down $0.03 during mid-day trading on Tuesday, reaching $2.43. The stock had a trading volume of 315,281 shares, compared to its average volume of 619,762. The firm has a market cap of $178.58 million, a price-to-earnings ratio of -3.24 and a beta of 0.96. Telos has a 12 month low of $1.83 and a 12 month high of $4.82. The business has a fifty day moving average of $2.79 and a 200 day moving average of $2.79. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.94 and a current ratio of 4.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. American Century Companies Inc. increased its position in shares of Telos by 7.9% during the 4th quarter. American Century Companies Inc. now owns 95,933 shares of the company's stock valued at $328,000 after purchasing an additional 7,015 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Telos by 75.3% in the 4th quarter. JPMorgan Chase & Co. now owns 299,206 shares of the company's stock worth $1,023,000 after acquiring an additional 128,507 shares during the last quarter. Geode Capital Management LLC grew its holdings in Telos by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 1,359,138 shares of the company's stock valued at $4,649,000 after purchasing an additional 4,715 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Telos by 15.6% in the fourth quarter. Wells Fargo & Company MN now owns 34,877 shares of the company's stock worth $119,000 after purchasing an additional 4,705 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in shares of Telos by 20.0% during the fourth quarter. Federated Hermes Inc. now owns 72,000 shares of the company's stock valued at $246,000 after buying an additional 12,000 shares during the period. 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.