
WidePoint Corporation (NYSEAMERICAN:WYY – Free Report) – Litchfield Hills Research issued their Q4 2026 earnings estimates for shares of WidePoint in a research note issued to investors on Thursday, June 25th. Litchfield Hills Research analyst B. Sine forecasts that the technology company will post earnings of $0.05 per share for the quarter. The consensus estimate for WidePoint’s current full-year earnings is ($0.06) per share. Litchfield Hills Research also issued estimates for WidePoint’s Q1 2027 earnings at $0.27 EPS, Q2 2027 earnings at $0.39 EPS, Q3 2027 earnings at $0.43 EPS, Q4 2027 earnings at $0.41 EPS and FY2027 earnings at $1.50 EPS.
WidePoint (NYSEAMERICAN:WYY – Get Free Report) last announced its earnings results on Thursday, May 14th. The technology company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.13. WidePoint had a negative net margin of 1.24% and a negative return on equity of 16.24%. The firm had revenue of $40.58 million for the quarter, compared to analysts’ expectations of $37.87 million.
Read Our Latest Research Report on WidePoint
WidePoint Stock Performance
WYY opened at $16.72 on Monday. The stock has a 50-day moving average of $10.10 and a 200 day moving average of $7.14. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.32. WidePoint has a 12 month low of $2.80 and a 12 month high of $24.30. The firm has a market cap of $165.36 million, a P/E ratio of -83.60 and a beta of 1.80.
Hedge Funds Weigh In On WidePoint
Several hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in WidePoint by 19,130.8% in the first quarter. Royal Bank of Canada now owns 5,000 shares of the technology company’s stock worth $25,000 after purchasing an additional 4,974 shares during the period. PNC Financial Services Group Inc. purchased a new stake in shares of WidePoint during the first quarter valued at $50,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of WidePoint during the first quarter valued at $87,000. NewEdge Advisors LLC grew its holdings in shares of WidePoint by 194.5% in the fourth quarter. NewEdge Advisors LLC now owns 46,028 shares of the technology company’s stock worth $247,000 after purchasing an additional 30,397 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of WidePoint by 9.7% in the fourth quarter. State Street Corp now owns 27,153 shares of the technology company’s stock worth $146,000 after purchasing an additional 2,400 shares during the last quarter. Institutional investors own 22.60% of the company’s stock.
Insider Activity
In other WidePoint news, CFO Robert J. George sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $10.59, for a total transaction of $105,900.00. Following the completion of the transaction, the chief financial officer owned 54,493 shares in the company, valued at $577,080.87. The trade was a 15.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Todd Dzyak sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $24.00, for a total value of $240,000.00. Following the transaction, the chief operating officer directly owned 115,436 shares in the company, valued at approximately $2,770,464. This represents a 7.97% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 30,000 shares of company stock valued at $495,900. 16.10% of the stock is owned by insiders.
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.
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