Telos Corporation (NASDAQ:TLS) has seen 1.02 million shares traded in the last trading session. The company, currently valued at $2.20B, closed the last trade at $34.42 per share which meant it gained $1.43 on the day or 4.33% during that session. The TLS stock price is -21.56% off its 52-week high price of $41.84 and 47.47% above the 52-week low of $18.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.69 million shares traded. The 3-month trading volume is 714.58K shares.
The consensus among analysts is that Telos Corporation (TLS) is a Buy stock at the moment, with a recommendation rating of 1.70. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.02.
Telos Corporation (NASDAQ:TLS) trade information
Sporting 4.33% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the TLS stock price touched $34.42 or saw a rise of 0.26%. Year-to-date, Telos Corporation shares have moved 4.37%, while the 5-day performance has seen it change 5.13%. Over the past 30 days, the shares of Telos Corporation (NASDAQ:TLS) have changed 21.07%. Short interest in the company has seen 0.91 million shares shorted with days to cover at 1.12.
Wall Street analysts have a consensus price target for the stock at $42.71, which means that the shares’ value could jump 19.41% from current levels. The projected low price target is $32.00 while the price target rests at a high of $47.00. In that case, then, we find that the current price level is -36.55% off the targeted high while a plunge would see the stock lose 7.03% from current levels.
Telos Corporation (TLS) estimates and forecasts
Figures show that Telos Corporation shares have outperformed across the wider relevant industry. The company’s shares have gained 17.00% over the past 6 months, with this year growth rate of 725.00%, compared to 5.80% for the industry. Revenue growth from the last financial year stood is estimated to be 58.80%.
6 analysts offering their estimates for the company have set an average revenue estimate of $52.56 million for the current quarter. 6 have an estimated revenue figure of $76.07 million for the next quarter concluding in Sep 2021.
Telos Corporation is expected to release its next earnings report between August 11 and August 16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Telos Corporation (NASDAQ:TLS)’s Major holders
Insiders own 29.76% of the company shares, while shares held by institutions stand at 35.87% with a share float percentage of 51.07%. Investors are also buoyed by the number of investors in a company, with Telos Corporation having a total of 164 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 3.23 million shares worth more than $122.66 million. As of Mar 30, 2021, FMR, LLC held 4.85% of shares outstanding.
The other major institutional holder is Hood River Capital Management LLC, with the holding of over 2.51 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $95.27 million and represent 3.76% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Roxbury/Hood River Small Cap Growth Fund and Victory Portfolios-Victory RS Small Cap Growth Fund. As of Mar 30, 2021, the former fund manager holds about 1.24% shares in the company for having 0.83 million shares of worth $31.38 million while later fund manager owns 0.72 million shares of worth $27.46 million as of Mar 30, 2021, which makes it owner of about 1.09% of company’s outstanding stock.