Telos Corporation [TLS] stock prices are up up 1.59% to $8.93 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TLS shares have gain 13.90% over the last week, with a monthly amount glided 9.57%, and seem to be holding up well over a long-time horizon.
On 29, July 2022, Telos Corporation to Announce Second Quarter 2022 Financial Results on August 9, 2022. In a post published today on Yahoo Finance, Telos® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced that it will report second quarter financial results before the markets open on Tuesday, August 9, 2022. Management will host a webcast to discuss the Company’s financial results and business outlook at 8:30 a.m. ET.
From an analyst’s perspective:
Telos Corporation [NASDAQ: TLS] stock has seen the most recent analyst activity on February 25, 2022, when BMO Capital Markets downgraded its rating to a Market Perform and also revised its price target to $14 from $20. Previously, Colliers Securities upgraded its rating to Buy on January 19, 2022, and kept the price target unchanged to $20. On November 15, 2021, downgrade downgraded it’s rating to Neutral and revised its price target to $18 on the stock. Wedbush started tracking the stock assigning a Outperform rating and suggested a price target of $30 on December 14, 2020. Needham initiated its recommendation with a Buy and recommended $31 as its price target on December 14, 2020. DA Davidson started tracking with a Buy rating for this stock on December 14, 2020, and assigned it a price target of $30. In a note dated December 14, 2020, Colliers Securities initiated an Buy rating and iterated a target price of $29 on this stock.
The stock price of Telos Corporation [TLS] has been fluctuating between $6.54 and $34.68 over the past year. Currently, Wall Street analysts expect the stock to reach $10.42 within the next 12 months. Telos Corporation [NASDAQ: TLS] shares were valued at $8.93 at the most recent close of the market. An investor can expect a potential return of 16.69% based on the average price forecast.
Analyzing the TLS fundamentals
The most recent quarter, Telos Corporation [NASDAQ:TLS] reported sales of 50.16 billion, representing a drop of -10.00%. Gross Margin for this corporation currently stands at +34.70% with Operating Margin at -17.10%, Pretax Margin comes in at -17.80%, and Net Margin reading is -17.79%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.80 points at the first support level, and at 8.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.03, and for the 2nd resistance point, it is at 9.12.
Telos Corporation [TLS] reported earnings per share of $0.04 for its fiscal quarter that ended on 6/29/2021. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.02/share, meaning a difference of $0.02 and a surprise factor of 100.00%. By comparison, the stated earnings for the previous quarter ended on 3/30/2021 were $0 per share as compared to estimates of -$0.04 per share, a difference of $0.04 representing a surprise of 100.00%.
Ratios To Look Out For
It’s worth pointing out that Telos Corporation [NASDAQ:TLS]’s Current Ratio is 3.40. Also, the Quick Ratio is 3.74, while the Cash Ratio stands at 2.48. Considering the valuation of this stock, the price to sales ratio is 4.22, the price to book ratio is 5.71.
Transactions by insiders
We now turn our attention to insider trading, which in the past 3 months has resulted in 8 insider buyings of 314,738 shares and 1 insider sellings of 32,663 shares. Recent insider trading involved Wood John B, Chairman and CEO, that happened on May 11 when 0.12 million shares were purchased. Chairman and CEO, Wood John B completed a deal on Nov 17 to buy 100000.0 shares. Meanwhile, EVP, General Counsel Wright Jefferson V. sold 11000.0 shares on Nov 05.