Key Points
- Director Derrick Dockery sold 4,100 shares on March 19 at an average price of $4.18 for $17,138, trimming his position by 2.25% to 178,500 shares.
- Telos beat the quarter with $0.06 EPS vs. $0.02 expected and $46.78M revenue vs. $45.22M expected, but remains unprofitable (negative ROE of 20.30% and net margin of -22.17%); analysts' consensus is a "Hold" with an average price target of $7.38 and a market cap of about $321M.
Telos Corporation (NASDAQ:TLS - Get Free Report) Director Derrick Dockery sold 4,100 shares of the business's stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $4.18, for a total value of $17,138.00. Following the transaction, the director owned 178,500 shares in the company, valued at $746,130. The trade was a 2.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Telos Stock Up 1.4%
TLS opened at $4.33 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.57 and a quick ratio of 2.67. The business has a 50 day simple moving average of $4.74 and a 200-day simple moving average of $5.73. The stock has a market capitalization of $321.36 million, a P/E ratio of -8.66 and a beta of 1.03. Telos Corporation has a 12 month low of $1.83 and a 12 month high of $8.36.
Telos (NASDAQ:TLS - Get Free Report) last announced its quarterly earnings data on Monday, March 16th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The firm had revenue of $46.78 million for the quarter, compared to analyst estimates of $45.22 million. Telos had a negative return on equity of 20.30% and a negative net margin of 22.17%. On average, equities analysts anticipate that Telos Corporation will post -0.68 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on TLS. Weiss Ratings reiterated a "sell (d-)" rating on shares of Telos in a report on Wednesday, January 21st. BMO Capital Markets decreased their price objective on shares of Telos from $8.00 to $5.00 and set a "market perform" rating on the stock in a report on Monday. Finally, Wedbush lowered their target price on shares of Telos from $10.00 to $8.00 and set an "outperform" rating on the stock in a research report on Tuesday. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $7.38.
Read Our Latest Analysis on TLS
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC acquired a new position in shares of Telos during the 4th quarter worth approximately $26,000. Covestor Ltd purchased a new stake in shares of Telos in the fourth quarter valued at $29,000. CWM LLC lifted its position in shares of Telos by 156.2% in the fourth quarter. CWM LLC now owns 7,448 shares of the company's stock valued at $38,000 after acquiring an additional 4,541 shares in the last quarter. Quarry LP acquired a new stake in shares of Telos during the fourth quarter valued at $39,000. Finally, AQR Capital Management LLC acquired a new stake in shares of Telos during the first quarter valued at $39,000. 62.14% of the stock is owned by hedge funds and other institutional investors.
Telos Company Profile
(
Get Free Report)
Telos Corporation (NASDAQ: TLS) is a provider of cybersecurity, secure communications, and enterprise IT solutions designed to help organizations manage risk, accelerate mission delivery and maintain compliance. The company's core business activities encompass risk management and compliance automation, secure mobility, zero-trust architecture, cloud security, and identity and access management. Telos serves a diverse customer base that includes U.S. federal agencies, the Department of Defense, intelligence communities and select commercial enterprises.
Among its flagship offerings is the Xacta® platform, which automates assessment and authorization for IT systems and cloud environments, helping clients streamline compliance with NIST, FedRAMP and other frameworks.
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