Telos Co. (NASDAQ:TLS - Get Free Report) EVP Mark D. Griffin bought 6,150 shares of the business's stock in a transaction on Monday, May 13th. The stock was bought at an average price of $3.13 per share, for a total transaction of $19,249.50. Following the completion of the purchase, the executive vice president now directly owns 664,986 shares of the company's stock, valued at approximately $2,081,406.18. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Telos Price Performance
NASDAQ:TLS opened at $3.17 on Wednesday. The business's 50-day moving average price is $3.71 and its 200 day moving average price is $3.82. The firm has a market cap of $227.48 million, a P/E ratio of -7.20 and a beta of 0.90. Telos Co. has a 52-week low of $1.87 and a 52-week high of $5.00. The company has a quick ratio of 3.54, a current ratio of 4.05 and a debt-to-equity ratio of 0.06.
Telos (NASDAQ:TLS - Get Free Report) last released its earnings results on Friday, March 15th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.12). The firm had revenue of $41.06 million for the quarter, compared to analyst estimates of $31.97 million. Telos had a negative return on equity of 22.69% and a negative net margin of 22.22%. During the same period in the previous year, the company earned ($0.18) earnings per share. As a group, sell-side analysts predict that Telos Co. will post -0.73 earnings per share for the current fiscal year.
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A number of equities research analysts have issued reports on the company. BMO Capital Markets cut their target price on Telos from $4.50 to $4.00 and set a "market perform" rating on the stock in a research note on Monday. DA Davidson raised their price target on Telos from $3.25 to $3.50 and gave the company a "neutral" rating in a report on Monday, March 18th. Needham & Company LLC reissued a "hold" rating on shares of Telos in a report on Monday. B. Riley raised their price target on Telos from $4.50 to $5.50 and gave the company a "buy" rating in a report on Monday, March 18th. Finally, Wedbush reissued an "outperform" rating and set a $6.00 price target on shares of Telos in a report on Monday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Telos presently has an average rating of "Moderate Buy" and an average price target of $5.00.
Get Our Latest Stock Analysis on Telos
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. NBC Securities Inc. purchased a new position in Telos in the 3rd quarter worth about $28,000. Schechter Investment Advisors LLC purchased a new position in Telos in the 4th quarter worth about $38,000. Fifth Lane Capital LP purchased a new position in Telos in the 1st quarter worth about $44,000. AJOVista LLC purchased a new position in Telos in the 4th quarter worth about $56,000. Finally, Jump Financial LLC purchased a new position in Telos in the 3rd quarter worth about $56,000. 62.14% of the stock is owned by institutional investors and hedge funds.
Telos Company Profile
(
Get Free Report)
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.
Further Reading
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