DA Davidson Lowers Telos (NASDAQ:TLS) Price Target to $2.50

Telos (NASDAQ:TLS) had its target price decreased by equities researchers at DA Davidson from $3.50 to $2.50 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s target price indicates a potential downside of 11.66% from the stock’s previous close. DA Davidson also issued estimates for Telos’ Q1 2025 earnings at ($0.13) EPS.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets lifted their target price on shares of Telos from $3.00 to $4.50 and gave the stock a “market perform” rating in a research note on Wednesday, November 13th. Wedbush reissued an “outperform” rating and set a $6.00 target price on shares of Telos in a research note on Tuesday. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $4.13.

Telos Price Performance

TLS stock opened at $2.83 on Tuesday. The company has a fifty day moving average price of $3.19 and a 200-day moving average price of $3.41. The company has a market capitalization of $204.84 million, a P/E ratio of -4.04 and a beta of 0.90. Telos has a 52-week low of $1.89 and a 52-week high of $5.03. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.59 and a current ratio of 3.64.

Telos (NASDAQ:TLS) last released its quarterly earnings results on Monday, March 10th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.05). The business had revenue of $26.37 million for the quarter, compared to the consensus estimate of $25.55 million. Telos had a negative net margin of 40.80% and a negative return on equity of 28.19%. During the same period in the previous year, the business posted ($0.09) EPS. As a group, equities analysts expect that Telos will post -0.68 EPS for the current year.

Institutional Investors Weigh In On Telos

A number of large investors have recently bought and sold shares of the stock. White Pine Capital LLC grew its holdings in Telos by 2.1% in the fourth quarter. White Pine Capital LLC now owns 183,207 shares of the company’s stock worth $627,000 after purchasing an additional 3,683 shares during the period. Wells Fargo & Company MN grew its holdings in Telos by 15.6% in the fourth quarter. Wells Fargo & Company MN now owns 34,877 shares of the company’s stock worth $119,000 after purchasing an additional 4,705 shares during the period. Geode Capital Management LLC grew its holdings in Telos by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 1,359,138 shares of the company’s stock worth $4,649,000 after purchasing an additional 4,715 shares during the period. ProShare Advisors LLC grew its holdings in Telos by 49.1% in the fourth quarter. ProShare Advisors LLC now owns 15,512 shares of the company’s stock worth $53,000 after purchasing an additional 5,105 shares during the period. Finally, OneDigital Investment Advisors LLC grew its holdings in Telos by 26.5% in the third quarter. OneDigital Investment Advisors LLC now owns 25,300 shares of the company’s stock worth $91,000 after purchasing an additional 5,300 shares during the period. 62.14% of the stock is currently owned by institutional investors and hedge funds.

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.