Do you still think Telos Corporation (NASDAQ:TLS) is worth a look?

Stocks of Telos Corporation (NASDAQ:TLS) traded higher last session on Wall Street, up 5.04% to $3.23.

According to the data, Telos Corporation (NASDAQ:TLS) has 6 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $8.00 and a low of $4.00, we find $5.00. Given the previous closing price of $3.08, this indicates a potential upside of 62.34 percent. TLS stock price is now -29.08% away from the 50-day moving average and -55.33% away from the 200-day moving average. The market capitalization of the company currently stands at $225.26M.

A total of 5 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $5.20 as their price target over the next twelve months.

With the price target maintained at $5, Northland Capital recently Downgraded its rating from Outperform to Market Perform for Telos Corporation (NASDAQ: TLS). On November 15, 2022, B. Riley Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock increasing its target price from $4.50 to quote $5, while ‘DA Davidson’ rates the stock as ‘Neutral’.

In other news, Jacobs Bradley W., Director bought 5,000 shares of the company’s stock on Nov 21. The stock was bought for $19,300 at an average price of $3.86. Upon completion of the transaction, the Director now directly owns 35,217 shares in the company, valued at $0.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 10, Director Schaufeld Fredrick bought 250,000 shares of the business’s stock. A total of $907,500 was incurred on buying the stock at an average price of $3.63. This leaves the insider owning 250,000 shares of the company worth $0.81 million. Insiders disposed of 802,505 shares of company stock worth roughly $2.59 million over the past 1 year. A total of 10.30% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in TLS stock. A new stake in Telos Corporation shares was purchased by FULLER & THALER ASSET MANAGEMENT, INC. during the first quarter worth $1,428,000. MARSHALL WACE, LLP invested $1,180,000 in shares of TLS during the first quarter. In the first quarter, GSA CAPITAL PARTNERS LLP acquired a new stake in Telos Corporation valued at approximately $600,000. AQR CAPITAL MANAGEMENT LLC acquired a new stake in TLS for approximately $482,000. QUADRATURE CAPITAL LTD purchased a new stake in TLS valued at around $229,000 in the second quarter. In total, there are 189 active investors with 63.20% ownership of the company’s stock.

Tuesday’s opening bell rang with an opening price of $3.2200 for Telos Corporation (NASDAQ: TLS). During the past 12 months, Telos Corporation has had a low of $2.95 and a high of $12.51. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 3.30, and a quick ratio of 3.20. The fifty day moving average price for TLS is $4.5181 and a two-hundred day moving average price translates $7.2012 for the stock.

The latest earnings results from Telos Corporation (NASDAQ: TLS) was released for Sep, 2022. According to the Information Technology Services Company, earnings per share came in at $0.04, beating analysts’ expectations of $0.02 by 0.02. This compares to -$0.08 EPS in the same period last year. The net profit margin was -16.60% and return on equity was -22.00% for TLS. The company reported revenue of $63.59 million for the quarter, compared to $68.98 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.81 percent. For the current quarter, analysts expect TLS to generate $76.02M in revenue.

Telos Corporation(TLS) Company Profile

Telos Corporation, together with its subsidiaries, provides information technology (IT) solutions and services worldwide. It provides Xacta, a premier platform for enterprise cyber risk management and security compliance automation solutions to large commercial and government enterprises; and Telos Ghost, a solution to eliminate cyber-attack surfaces by obfuscating and encrypting data, masking user identity and location, and hiding network resources, as well as provides security and privacy for intelligence gathering, cyber threat protection, securing critical infrastructure, and protecting communications and applications. The company also offers Telos Automated Message Handling System, a web-based organizational message distribution and management platform for mission-critical communications used by military field operatives; and Telos ID that provides identity trust and digital services through IDTrust360, an enterprise-class digital identity risk platform for extending cloud identity services for mobile and enterprise and custom digital identity services that reduces threats through the integration of advanced technologies that fuse biometrics, credentials, and other identity-centric data used for continuously monitor trust. In addition, it provides secure network services, including secure mobility solutions for business and government that enable remote work and minimize operational and security concern across and beyond the enterprises; and network management and defense services for operating, administrating, and defending complex enterprise networks and defensive cyber operations. It serves to the United States federal government, large commercial businesses, state and local governments, and international customers. The company was founded in 1968 and is headquartered in Ashburn, Virginia.