The Goldman Sachs Group started coverage on shares of Telos (NASDAQ:TLS – Free Report) in a report released on Monday,Zacks reports. The firm issued a hold rating on the stock.
A number of other research analysts have also issued reports on the company. Yorkville Ives initiated coverage on Telos in a research report on Monday, October 5th. They set an “outperform” rating and a $6.00 price target for the company. Zacks Research cut Telos from a “strong-buy” rating to a “hold” rating in a research note on Monday. B. Riley Financial raised their price target on Telos from $9.00 to $11.00 and gave the company a “buy” rating in a report on Tuesday. Weiss Ratings raised Telos from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 26th. Finally, Wedbush lifted their price objective on shares of Telos from $5.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $7.60.
View Our Latest Stock Report on Telos
Telos Price Performance
NASDAQ TLS opened at $7.65 on Monday. The company has a 50-day moving average price of $4.71 and a two-hundred day moving average price of $4.55. Telos has a 52 week low of $3.79 and a 52 week high of $7.96. The stock has a market cap of $571.74 million, a price-to-earnings ratio of -63.75 and a beta of 0.98. The company has a current ratio of 2.49, a quick ratio of 2.26 and a debt-to-equity ratio of 0.04.
Telos (NASDAQ:TLS – Get Free Report) last issued its quarterly earnings data on Monday, November 9th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.05. Telos had a positive return on equity of 4.17% and a negative net margin of 4.66%. The business had revenue of $55.20 million during the quarter, compared to the consensus estimate of $50.11 million. Analysts forecast that Telos will post -0.01 EPS for the current year.
Insider Transactions at Telos
In related news, CEO John B. Wood sold 96,151 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $4.05, for a total transaction of $389,411.55. Following the completion of the transaction, the chief executive officer owned 1,505,867 shares of the company’s stock, valued at $6,098,761.35. This trade represents a 6.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Derrick D. Dockery sold 12,000 shares of Telos stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $4.43, for a total value of $53,160.00. Following the transaction, the director directly owned 156,591 shares in the company, valued at approximately $693,698.13. The trade was a 7.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 570,549 shares of company stock worth $2,464,843 over the last 90 days. 14.90% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Telos
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Focus Advisor Solutions LLC acquired a new stake in Telos in the 3rd quarter valued at about $44,000. White Pine Capital LLC acquired a new position in shares of Telos in the 3rd quarter worth approximately $1,001,000. R Squared Ltd grew its stake in shares of Telos by 40.5% in the 3rd quarter. R Squared Ltd now owns 18,716 shares of the company’s stock worth $76,000 after purchasing an additional 5,396 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of Telos in the 3rd quarter worth approximately $42,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Telos in the 3rd quarter worth approximately $158,000. 62.14% of the stock is currently owned by institutional investors.
Key Headlines Impacting Telos
Investors following TLS have been watching these headlines:
- Positive Sentiment: B. Riley raised its price target to $11 and kept a Buy rating, while Needham lifted its target to $9 and also rated the shares Buy—both signaling more favorable analyst expectations. B. Riley analyst recommendations Needham analyst recommendations
- Neutral Sentiment: Wedbush raised its target to $7 but maintained a Neutral rating, reflecting caution despite the higher estimate. Overall analyst opinions remain mixed. Wedbush analyst recommendations Analysts’ opinions are mixed on technology stocks
- Negative Sentiment: Zacks Research downgraded Telos from Strong Buy to Hold, tempering the positive signals from the earnings report and other analyst target increases. Zacks Research recommendations
Telos Company Profile
Telos Corporation is a cybersecurity and information technology company serving government agencies and commercial organizations. Its offerings include cybersecurity services, secure network and cloud solutions, identity management, and technology consulting. The company’s products include the Xacta platform, which helps organizations manage cybersecurity risk and compliance, and Telos ID, which provides identity verification and authentication services. Telos also supports secure communications and mobility for customers with demanding security requirements.
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