Telos Co. (NASDAQ:TLS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Telos Co. (NASDAQ:TLS) have earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $4.80.

TLS has been the topic of several research analyst reports. DA Davidson dropped their target price on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a research report on Monday, August 12th. Needham & Company LLC restated a “hold” rating on shares of Telos in a research report on Monday, August 12th. BMO Capital Markets boosted their price target on shares of Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a research report on Wednesday, November 13th. Finally, B. Riley restated a “buy” rating and set a $5.00 price target on shares of Telos in a research report on Thursday, August 29th.

Telos Stock Down 4.1 %

Shares of NASDAQ TLS opened at $3.31 on Friday. The company’s 50-day simple moving average is $3.60 and its 200-day simple moving average is $3.68. Telos has a 52-week low of $1.89 and a 52-week high of $5.03. The firm has a market cap of $239.58 million, a price-to-earnings ratio of -4.73 and a beta of 0.92. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06.

Hedge Funds Weigh In On Telos

Institutional investors and hedge funds have recently bought and sold shares of the company. US Bancorp DE purchased a new stake in shares of Telos in the 3rd quarter valued at approximately $39,000. Intech Investment Management LLC purchased a new stake in shares of Telos in the 3rd quarter valued at approximately $49,000. Lazard Asset Management LLC purchased a new stake in shares of Telos in the 1st quarter valued at approximately $58,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Telos in the 3rd quarter valued at approximately $64,000. Finally, SG Americas Securities LLC raised its stake in shares of Telos by 129.8% in the 3rd quarter. SG Americas Securities LLC now owns 23,478 shares of the company’s stock valued at $84,000 after acquiring an additional 13,263 shares during the period. 62.14% of the stock is currently owned by institutional investors and hedge funds.

About Telos

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.