Telos (TLS) Set to Announce Earnings on Tuesday

Telos (NASDAQ:TLS) is set to announce its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Telos (NASDAQ:TLS) last released its quarterly earnings results on Friday, August 9th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.11. The business had revenue of $28.50 million during the quarter, compared to analysts’ expectations of $26.57 million. Telos had a negative return on equity of 22.81% and a negative net margin of 22.74%. On average, analysts expect Telos to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Telos Price Performance

Shares of TLS opened at $4.66 on Friday. The stock’s 50 day moving average is $3.59 and its two-hundred day moving average is $3.68. The firm has a market capitalization of $336.73 million, a PE ratio of -10.84 and a beta of 0.96. The company has a current ratio of 4.76, a quick ratio of 4.70 and a debt-to-equity ratio of 0.06. Telos has a twelve month low of $1.89 and a twelve month high of $5.03.

Insider Buying and Selling

In other news, CEO John B. Wood acquired 158,644 shares of Telos stock in a transaction on Monday, August 12th. The stock was bought at an average price of $2.39 per share, for a total transaction of $379,159.16. Following the transaction, the chief executive officer now owns 5,026,925 shares of the company’s stock, valued at $12,014,350.75. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 12.40% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on TLS. DA Davidson reduced their target price on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a report on Monday, August 12th. BMO Capital Markets reduced their price objective on shares of Telos from $4.00 to $3.00 and set a “market perform” rating on the stock in a research note on Tuesday, August 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a report on Monday, August 12th. Finally, B. Riley reiterated a “buy” rating and issued a $5.00 target price on shares of Telos in a research note on Thursday, August 29th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Telos has a consensus rating of “Moderate Buy” and an average price target of $4.50.

About Telos

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.