Brokerages Set Telos Co. (NASDAQ:TLS) PT at $5.42

Shares of Telos Co. (NASDAQ:TLS) have been assigned a consensus rating of “Hold” from the six brokerages that are presently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $5.42.

Separately, BMO Capital Markets lifted their target price on Telos from $2.50 to $2.75 and gave the stock a “market perform” rating in a research report on Thursday, August 10th.

Insider Activity at Telos

In related news, CEO John B. Wood acquired 35,000 shares of Telos stock in a transaction that occurred on Thursday, August 31st. The stock was acquired at an average price of $2.51 per share, for a total transaction of $87,850.00. Following the transaction, the chief executive officer now directly owns 5,048,604 shares of the company’s stock, valued at approximately $12,671,996.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Telos news, CEO John B. Wood bought 35,000 shares of the business’s stock in a transaction on Thursday, August 31st. The shares were purchased at an average price of $2.51 per share, with a total value of $87,850.00. Following the purchase, the chief executive officer now directly owns 5,048,604 shares of the company’s stock, valued at $12,671,996.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John B. Wood bought 90,402 shares of the business’s stock in a transaction on Tuesday, August 29th. The shares were acquired at an average cost of $2.05 per share, for a total transaction of $185,324.10. Following the purchase, the chief executive officer now directly owns 4,893,417 shares in the company, valued at $10,031,504.85. The disclosure for this purchase can be found here. Insiders purchased 130,402 shares of company stock worth $283,174 in the last 90 days. 11.90% of the stock is currently owned by company insiders.

Institutional Trading of Telos

Several hedge funds have recently added to or reduced their stakes in TLS. Barclays PLC raised its stake in Telos by 2,569.1% during the 2nd quarter. Barclays PLC now owns 9,288,586 shares of the company’s stock valued at $23,779,000 after acquiring an additional 8,940,584 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of Telos in the first quarter valued at $27,666,000. Masters Capital Management LLC lifted its holdings in shares of Telos by 76.5% in the first quarter. Masters Capital Management LLC now owns 3,000,000 shares of the company’s stock valued at $7,590,000 after buying an additional 1,300,000 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Telos by 105.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,501,658 shares of the company’s stock valued at $12,733,000 after buying an additional 1,286,643 shares during the period. Finally, Acadian Asset Management LLC lifted its holdings in shares of Telos by 230.3% in the second quarter. Acadian Asset Management LLC now owns 1,397,136 shares of the company’s stock valued at $3,576,000 after buying an additional 974,120 shares during the period. Institutional investors own 59.88% of the company’s stock.

Telos Price Performance

Shares of TLS opened at $2.13 on Monday. The firm has a market cap of $148.21 million, a price-to-earnings ratio of -3.55 and a beta of 0.16. The stock has a 50 day moving average of $2.38 and a 200-day moving average of $2.53. The company has a current ratio of 3.93, a quick ratio of 3.88 and a debt-to-equity ratio of 0.06. Telos has a 52 week low of $1.53 and a 52 week high of $12.51.

Telos (NASDAQ:TLS) last issued its earnings results on Wednesday, August 9th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.12. The company had revenue of $32.91 million during the quarter, compared to analyst estimates of $29.97 million. Telos had a negative return on equity of 24.29% and a negative net margin of 22.51%. As a group, analysts forecast that Telos will post -0.95 EPS for the current year.

Telos Company Profile

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates through two segments, Security Solutions and Secure Networks. It provides Xacta, a premier platform for enterprise cyber risk management and security compliance automation solutions to large commercial and government enterprises; and Telos Ghost, a solution to eliminate cyber-attack surfaces by obfuscating and encrypting data, masking user identity and location, and hiding network resources, as well as provides security and privacy for intelligence gathering, cyber threat protection, securing critical infrastructure, and protecting communications and applications.