WidePoint Q3 EPS Cut by Litchfield Hills Research

WidePoint Corporation (NYSEAMERICAN:WYY) – Equities researchers at Litchfield Hills Research dropped their Q3 2026 EPS estimates for WidePoint in a note issued to investors on Thursday, March 26th. Litchfield Hills Research analyst B. Sine now expects that the technology company will post earnings per share of $0.06 for the quarter, down from their previous forecast of $0.13. The consensus estimate for WidePoint’s current full-year earnings is ($0.26) per share. Litchfield Hills Research also issued estimates for WidePoint’s Q1 2027 earnings at ($0.08) EPS, Q2 2027 earnings at $0.02 EPS, Q3 2027 earnings at $0.09 EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.09 EPS.

WidePoint Price Performance

WYY opened at $4.62 on Monday. The company has a market cap of $45.60 million, a PE ratio of -15.93 and a beta of 1.47. WidePoint has a twelve month low of $2.19 and a twelve month high of $7.55. The company has a 50-day moving average price of $5.36 and a 200 day moving average price of $5.84.

Hedge Funds Weigh In On WidePoint

A number of hedge funds have recently made changes to their positions in the company. XTX Topco Ltd purchased a new position in shares of WidePoint in the second quarter valued at approximately $58,000. NewEdge Advisors LLC purchased a new stake in shares of WidePoint during the second quarter worth approximately $74,000. Ritholtz Wealth Management purchased a new stake in shares of WidePoint during the fourth quarter worth approximately $79,000. Jane Street Group LLC acquired a new position in WidePoint in the 2nd quarter valued at $87,000. Finally, State Street Corp raised its stake in WidePoint by 9.7% in the 4th quarter. State Street Corp now owns 27,153 shares of the technology company’s stock valued at $146,000 after purchasing an additional 2,400 shares during the last quarter. Institutional investors and hedge funds own 22.60% of the company’s stock.

WidePoint Company Profile

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint’s core offerings include mobile device management, telecom expense management, and unified endpoint security.