Brokerages Set Telos Corporation (NASDAQ:TLS) Target Price at $3.94

Shares of Telos Corporation (NASDAQ:TLS) have earned a consensus recommendation of “Hold” from the five ratings firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $3.94.

Several research firms have recently weighed in on TLS. BMO Capital Markets lowered their price objective on shares of Telos from $3.00 to $2.25 and set a “market perform” rating for the company in a research note on Monday, May 12th. Wall Street Zen upgraded shares of Telos from a “sell” rating to a “hold” rating in a research report on Thursday, May 22nd.

Institutional Trading of Telos

A number of hedge funds and other institutional investors have recently modified their holdings of the business. NBC Securities Inc. grew its stake in shares of Telos by 100,808.3% during the 1st quarter. NBC Securities Inc. now owns 12,109 shares of the company’s stock valued at $28,000 after purchasing an additional 12,097 shares during the period. OLD Mission Capital LLC bought a new position in Telos during the first quarter valued at $30,000. AQR Capital Management LLC bought a new position in shares of Telos in the first quarter worth about $39,000. NewEdge Advisors LLC lifted its position in shares of Telos by 28.7% during the first quarter. NewEdge Advisors LLC now owns 17,918 shares of the company’s stock valued at $43,000 after buying an additional 4,000 shares during the last quarter. Finally, ProShare Advisors LLC raised its position in shares of Telos by 49.1% in the 4th quarter. ProShare Advisors LLC now owns 15,512 shares of the company’s stock valued at $53,000 after purchasing an additional 5,105 shares during the last quarter. 62.14% of the stock is owned by hedge funds and other institutional investors.

Telos Price Performance

NASDAQ:TLS opened at $2.69 on Friday. Telos has a one year low of $1.83 and a one year high of $4.82. The company has a market cap of $197.69 million, a P/E ratio of -3.59 and a beta of 0.98. The firm’s fifty day moving average price is $2.72 and its two-hundred day moving average price is $2.85. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.00 and a quick ratio of 3.94.

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.