BMO Capital Markets Has Lowered Expectations for Telos (NASDAQ:TLS) Stock Price

Telos (NASDAQ:TLS) had its price objective reduced by BMO Capital Markets from $4.50 to $3.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have a market perform rating on the stock.

Other analysts have also issued research reports about the stock. Wedbush reaffirmed an “outperform” rating and set a $6.00 target price on shares of Telos in a report on Tuesday. DA Davidson decreased their target price on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $4.13.

Telos Trading Down 0.4 %

Shares of Telos stock opened at $2.60 on Tuesday. The company’s 50-day moving average price is $3.20 and its 200-day moving average price is $3.42. The company has a current ratio of 3.64, a quick ratio of 3.59 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. The company has a market cap of $188.19 million, a price-to-earnings ratio of -3.71 and a beta of 0.90.

Telos (NASDAQ:TLS) last posted its earnings results on Monday, March 10th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.05). The firm had revenue of $26.37 million for the quarter, compared to the consensus estimate of $25.55 million. Telos had a negative return on equity of 28.19% and a negative net margin of 40.80%. During the same period last year, the company posted ($0.09) EPS. On average, equities analysts expect that Telos will post -0.68 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Telos

A number of hedge funds and other institutional investors have recently bought and sold shares of TLS. US Bancorp DE purchased a new position in Telos in the 3rd quarter worth approximately $39,000. Intech Investment Management LLC purchased a new position in Telos in the 3rd quarter worth approximately $49,000. ProShare Advisors LLC grew its stake in Telos by 49.1% in the 4th quarter. ProShare Advisors LLC now owns 15,512 shares of the company’s stock worth $53,000 after buying an additional 5,105 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Telos in the 3rd quarter valued at $64,000. Finally, Alpha Wealth Funds LLC bought a new position in shares of Telos during the 4th quarter valued at $69,000. Hedge funds and other institutional investors own 62.14% of the company’s stock.

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.