Telos (NASDAQ:TLS) Announces Earnings Results

Telos (NASDAQ:TLS) released its earnings results on Monday. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.05), Zacks reports. Telos had a negative return on equity of 28.19% and a negative net margin of 40.80%.

Telos Price Performance

Telos stock opened at $2.58 on Monday. Telos has a 1 year low of $1.89 and a 1 year high of $5.03. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.59 and a current ratio of 3.64. The firm has a 50 day moving average price of $3.24 and a 200 day moving average price of $3.43. The company has a market cap of $186.67 million, a price-to-earnings ratio of -3.59 and a beta of 0.90.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets lifted their price objective on Telos from $3.00 to $4.50 and gave the company a “market perform” rating in a report on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.50.

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.