Telos (NASDAQ:TLS) Price Target Raised to $4.50

Telos (NASDAQ:TLS) had its target price lifted by BMO Capital Markets from $3.00 to $4.50 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a market perform rating on the stock.

Several other equities research analysts have also commented on TLS. Needham & Company LLC restated a “hold” rating on shares of Telos in a research report on Monday, August 12th. B. Riley reissued a “buy” rating and set a $5.00 price target on shares of Telos in a report on Thursday, August 29th. Finally, DA Davidson decreased their price objective on shares of Telos from $3.50 to $2.50 and set a “neutral” rating for the company in a research report on Monday, August 12th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Telos has a consensus rating of “Moderate Buy” and a consensus price target of $4.80.

Telos Price Performance

Shares of TLS opened at $3.71 on Wednesday. Telos has a fifty-two week low of $1.89 and a fifty-two week high of $5.03. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.70 and a current ratio of 4.76. The company has a market capitalization of $268.08 million, a P/E ratio of -5.57 and a beta of 0.96. The business’s 50-day moving average is $3.61 and its two-hundred day moving average is $3.69.

Institutional Trading of Telos

A number of institutional investors and hedge funds have recently modified their holdings of the stock. US Bancorp DE acquired a new stake in Telos in the 3rd quarter worth about $39,000. Intech Investment Management LLC purchased a new position in shares of Telos in the third quarter valued at approximately $49,000. SG Americas Securities LLC acquired a new stake in shares of Telos in the first quarter worth approximately $58,000. Lazard Asset Management LLC purchased a new stake in shares of Telos during the first quarter worth approximately $58,000. Finally, OneDigital Investment Advisors LLC raised its stake in Telos by 26.5% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 25,300 shares of the company’s stock valued at $91,000 after purchasing an additional 5,300 shares during the last quarter. 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.