Telos Co. (NASDAQ:TLS) Receives $4.80 Consensus PT from Brokerages

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

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

Institutional Investors Weigh In On Telos

Hedge funds have recently modified their holdings of the business. US Bancorp DE bought a new stake in shares of Telos during the third quarter valued at approximately $39,000. Intech Investment Management LLC bought a new position in shares of Telos during the 3rd quarter worth approximately $49,000. Lazard Asset Management LLC bought a new stake in Telos in the first quarter valued at $58,000. Public Employees Retirement System of Ohio acquired a new position in Telos during the third quarter worth $64,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Telos during the second quarter valued at $92,000. 62.14% of the stock is owned by institutional investors.

Telos Price Performance

TLS opened at $3.29 on Friday. The firm has a market capitalization of $238.13 million, a P/E ratio of -4.76 and a beta of 0.92. The stock has a fifty day moving average of $3.60 and a 200-day moving average of $3.67. 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 has a 12-month low of $1.89 and a 12-month high of $5.03.

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.