Telos Corporation (NASDAQ:TLS) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts give Telos a “Moderate Buy” consensus: Of seven analysts, three recommend buying, one strongly recommends buying, two rate it a hold, and one recommends selling. The average 12-month price target is $7.10 versus a recent share price of $4.45.
• Telos reported quarterly revenue of $47.75 million and earnings of $0.04 per share, exceeding analyst estimates of $45.16 million and $0.02, respectively. Analysts expect a full-year loss of $0.05 per share.
• Insiders have been selling shares: Insiders sold 331,772 shares worth approximately $1.43 million over the past 90 days, while institutional investors own 62.14% of the company.

Telos Corporation (NASDAQ:TLS - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $7.10.

TLS has been the topic of several research reports. Weiss Ratings cut Telos from a "sell (d-)" rating to a "sell (e+)" rating in a report on Tuesday, August 11th. Needham & Company LLC began coverage on shares of Telos in a report on Tuesday, May 26th. They issued a "buy" rating and a $6.00 price objective for the company. Finally, Zacks Research upgraded shares of Telos from a "hold" rating to a "strong-buy" rating in a research report on Thursday.

Insider Activity

In other news, Director Derrick D. Dockery sold 11,000 shares of Telos stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $4.34, for a total transaction of $47,740.00. Following the transaction, the director owned 168,591 shares in the company, valued at approximately $731,684.94. The trade was a 6.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Gary Mark Bendza sold 97,976 shares of the business's stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $4.19, for a total transaction of $410,519.44. Following the completion of the sale, the executive vice president directly owned 817,148 shares in the company, valued at approximately $3,423,850.12. This represents a 10.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 331,772 shares of company stock valued at $1,434,228. Insiders own 14.90% of the company's stock.

Institutional Trading of Telos

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TLS. Weber Capital Management LLC ADV bought a new stake in Telos during the fourth quarter valued at $9,152,000. Renaissance Technologies LLC raised its position in shares of Telos by 29.7% in the 1st quarter. Renaissance Technologies LLC now owns 1,118,914 shares of the company's stock worth $4,688,000 after acquiring an additional 256,014 shares in the last quarter. CWM LLC raised its position in shares of Telos by 156.2% in the 4th quarter. CWM LLC now owns 7,448 shares of the company's stock worth $38,000 after acquiring an additional 4,541 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Telos by 22.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,863 shares of the company's stock valued at $122,000 after purchasing an additional 4,412 shares during the period. Finally, Krilogy Financial LLC acquired a new position in shares of Telos in the 4th quarter valued at about $75,000. Institutional investors and hedge funds own 62.14% of the company's stock.

Telos Price Performance

Shares of NASDAQ:TLS traded down $0.05 during trading on Monday, hitting $4.45. 46,816 shares of the company were exchanged, compared to its average volume of 717,472. Telos has a 1-year low of $3.79 and a 1-year high of $8.36. The company has a market capitalization of $332.73 million, a P/E ratio of -21.22 and a beta of 1.00. The company has a quick ratio of 2.26, a current ratio of 2.38 and a debt-to-equity ratio of 0.05. The business's 50 day moving average is $4.57 and its 200-day moving average is $4.45.

Telos (NASDAQ:TLS - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. Telos had a negative return on equity of 2.60% and a negative net margin of 8.13%.The company had revenue of $47.75 million for the quarter, compared to the consensus estimate of $45.16 million. Equities analysts forecast that Telos will post -0.05 earnings per share for the current year.

Telos Company Profile

Telos Corporation NASDAQ: TLS is a provider of cybersecurity, secure communications, and enterprise IT solutions designed to help organizations manage risk, accelerate mission delivery and maintain compliance. The company's core business activities encompass risk management and compliance automation, secure mobility, zero-trust architecture, cloud security, and identity and access management. Telos serves a diverse customer base that includes U.S. federal agencies, the Department of Defense, intelligence communities and select commercial enterprises.

Among its flagship offerings is the Xacta® platform, which automates assessment and authorization for IT systems and cloud environments, helping clients streamline compliance with NIST, FedRAMP and other frameworks.

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