Brokerages Set Telos Co. (NASDAQ:TLS) Target Price at $4.80

Shares of Telos Co. (NASDAQ:TLS) have received an average recommendation of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $4.80.

TLS has been the subject of several recent research reports. DA Davidson cut their price target on Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a 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 note on Wednesday, November 13th. B. Riley reiterated a “buy” rating and set a $5.00 target price on shares of Telos in a research report on Thursday, August 29th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a report on Monday, August 12th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. US Bancorp DE purchased a new stake in shares of Telos during 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 acquired a new stake in shares of Telos during the 1st quarter worth about $58,000. Public Employees Retirement System of Ohio acquired a new stake in Telos during the 3rd quarter worth $64,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Telos in the second quarter valued at approximately $92,000. 62.14% of the stock is owned by institutional investors and hedge funds.

Telos Price Performance

TLS opened at $3.40 on Friday. The stock has a market capitalization of $246.10 million, a price-to-earnings ratio of -4.86 and a beta of 0.96. The company has a quick ratio of 3.59, a current ratio of 3.64 and a debt-to-equity ratio of 0.06. The firm has a 50 day moving average price of $3.60 and a 200-day moving average price of $3.68. Telos has a twelve month low of $1.89 and a twelve 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.