Telos (NASDAQ:TLS) Raised to Hold at Wall Street Zen

Telos (NASDAQ:TLS - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Thursday.

Several other analysts have also issued reports on TLS. BMO Capital Markets cut their price objective on Telos from $3.00 to $2.25 and set a "market perform" rating for the company in a report on Monday, May 12th. Wedbush reiterated an "outperform" rating and set a $6.00 price objective on shares of Telos in a report on Tuesday, March 11th. DA Davidson cut their price objective on Telos from $3.50 to $2.50 and set a "neutral" rating for the company in a report on Tuesday, March 11th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Telos in a report on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $3.94.

Telos Stock Up 3.7%

Shares of TLS traded up $0.09 during mid-day trading on Thursday, reaching $2.54. The company's stock had a trading volume of 271,133 shares, compared to its average volume of 631,092. The business has a fifty day moving average of $2.53 and a 200 day moving average of $3.01. The company has a market cap of $186.65 million, a price-to-earnings ratio of -3.62 and a beta of 0.95. 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 released its 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 analysts' expectations 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 quarter in the previous year, the company earned ($0.09) EPS. As a group, analysts forecast that Telos will post -0.68 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Telos

Several institutional investors have recently bought and sold shares of the stock. Barclays PLC raised its holdings in Telos by 3.7% during the fourth quarter. Barclays PLC now owns 9,523,032 shares of the company's stock valued at $32,569,000 after buying an additional 342,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Telos by 9.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,181,590 shares of the company's stock valued at $17,097,000 after buying an additional 611,978 shares in the last quarter. Geode Capital Management LLC raised its holdings in Telos by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 1,359,138 shares of the company's stock valued at $4,649,000 after buying an additional 4,715 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Telos by 16.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,145,861 shares of the company's stock valued at $3,919,000 after buying an additional 162,549 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Telos by 1.9% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 855,896 shares of the company's stock valued at $2,927,000 after buying an additional 16,041 shares in the last quarter. 62.14% of the stock is currently owned by 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.