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WYY

WYY - WidePoint Corp Stock Price, Fair Value and News

2.55USD-0.06 (-2.30%)Market Closed

Market Summary

WYY
USD2.55-0.06
Market Closed
-2.30%

WYY Stock Price

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WYY RSI Chart

WYY Valuation

Market Cap

23.2M

Price/Earnings (Trailing)

-5.74

Price/Sales (Trailing)

0.22

EV/EBITDA

-8.14

Price/Free Cashflow

55.66

WYY Price/Sales (Trailing)

WYY Profitability

Operating Margin

14.76%

EBT Margin

-3.12%

Return on Equity

-27.57%

Return on Assets

-7.89%

Free Cashflow Yield

1.8%

WYY Fundamentals

WYY Revenue

Revenue (TTM)

106.0M

Rev. Growth (Yr)

21.07%

Rev. Growth (Qtr)

9.8%

WYY Earnings

Earnings (TTM)

-4.0M

Earnings Growth (Yr)

85.02%

Earnings Growth (Qtr)

-44.59%

Breaking Down WYY Revenue

Last 7 days

-3.7%

Last 30 days

-10.9%

Last 90 days

26.1%

Trailing 12 Months

37.4%

How does WYY drawdown profile look like?

WYY Financial Health

Current Ratio

1.04

Debt/Equity

0.01

Debt/Cashflow

5.12

WYY Investor Care

Shares Dilution (1Y)

1.92%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202396.9M100.6M101.1M106.0M
202289.1M92.2M95.2M94.1M
202137.3M54.0M70.7M87.3M
2020119.5M152.2M180.0M20.7M
201985.5M90.1M98.4M101.7M
201877.4M76.0M78.8M83.7M
201776.5M77.9M74.2M75.9M
201673.7M73.8M78.9M78.4M
201561.4M66.4M68.9M70.8M
201444.5M45.5M47.8M53.3M
201354.0M52.9M49.9M46.8M
201244.5M47.1M51.6M55.8M
201148.5M46.1M43.7M41.4M
201000050.8M

Tracking the Latest Insider Buys and Sells of WidePoint Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Aug 04, 2023
garfinkle philip n
acquired
-
-
42,328
-
Aug 04, 2023
dzyak todd
acquired
-
-
97,143
coo
Aug 04, 2023
sparling ian
acquired
-
-
97,143
ceo, soft-ex
Aug 04, 2023
bowen julia a
acquired
-
-
31,746
-
Aug 04, 2023
rice james bernard
acquired
-
-
31,746
-
Aug 04, 2023
kang jin
acquired
-
-
97,143
ceo
Aug 04, 2023
holloway jason
acquired
-
-
97,143
evp and chief sales and market
Aug 04, 2023
george robert j
acquired
-
-
97,143
chief financial officer
Aug 04, 2023
fitzgerald john j
acquired
-
-
31,746
-

1–10 of 50

Which funds bought or sold WYY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
unchanged
-
226,632
876,310
-%
Feb 14, 2024
CITADEL ADVISORS LLC
added
20.9
22,700
58,691
-%
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
2.25
55,741
202,763
-%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
64.67
33,286
60,543
-%
Feb 14, 2024
Empowered Funds, LLC
added
9.48
16,604
51,434
-%
Feb 14, 2024
BARTLETT & CO. WEALTH MANAGEMENT LLC
unchanged
-
6,149
26,488
-%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
new
-
12.00
12.00
-%
Feb 14, 2024
STATE STREET CORP
unchanged
-
12,092
46,755
-%
Feb 13, 2024
RENAISSANCE TECHNOLOGIES LLC
added
160
129,000
180,000
-%

1–10 of 32

Are Funds Buying or Selling WYY?

Are funds buying WYY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WYY
No. of Funds

Unveiling WidePoint Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 06, 2024
kang jin
6.1%
537,597
SC 13G/A
Oct 26, 2023
galloway capital partners, llc
4.31%
405,200
SC 13D
Feb 07, 2023
kang jin
5.0%
440,454
SC 13G
Feb 12, 2021
nokomis capital, l.l.c.
0%
0
SC 13G/A
Feb 10, 2021
vanguard group inc
5.94%
502,643
SC 13G
May 29, 2020
nokomis capital, l.l.c.
9.9%
8,378,081
SC 13D/A
May 29, 2020
nokomis capital, l.l.c.
9.9%
8,378,081
SC 13G
May 22, 2020
nokomis capital, l.l.c.
12.3%
10,329,522
SC 13D/A

Recent SEC filings of WidePoint Corp

View All Filings
Date Filed Form Type Document
Mar 26, 2024
10-K
Annual Report
Mar 04, 2024
8-K
Current Report
Feb 06, 2024
SC 13G/A
Major Ownership Report
Jan 29, 2024
8-K
Current Report
Dec 29, 2023
8-K
Current Report
Dec 27, 2023
4/A
Insider Trading

What is the Fair Value of WYY?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to WidePoint Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
214.1B
64.6B
-8.66% 48.09%
30.45
3.32
2.26% 1.32%
174.9B
61.9B
1.71% 54.29%
23.32
2.83
2.20% 357.72%
36.7B
19.4B
-6.62% 24.42%
17.24
1.89
-0.39% -7.16%
34.6B
21.4B
5.92% 35.96%
31.34
1.62
-9.99% -0.92%
24.0B
6.3B
2.82% 50.57%
35.12
3.8
8.37% 28.40%
MID-CAP
8.4B
7.1B
1.09% 32.57%
22.31
1.18
10.03% 3.79%
5.2B
1.6B
0.43% 0.95%
28.1
3.18
15.48% 29.09%
4.8B
4.5B
4.39% 23.94%
21.94
1.08
-2.85% -18.20%
3.9B
13.9B
-5.85% -10.78%
-8.28
0.28
-6.57% -164.76%
2.2B
6.9B
-8.45% 5.52%
2.2K
0.32
-3.11% 100.31%
SMALL-CAP
1.6B
302.0M
-5.17% 843.40%
2.9K
5.2
-16.01% -96.16%
929.9M
312.9M
-13.03% 23.24%
-526.87
2.97
0.78% 93.96%
697.1M
3.7B
-10.68% -2.10%
-2.36
0.19
-3.53% -62.64%
552.4M
34.9M
-28.34% 34.90%
-12.02
15.85
15.41% 23.14%
91.2M
61.7M
-36.96% 75.36%
21.86
1.48
2.22% 29.66%

WidePoint Corp News

Latest updates
InvestorPlace • 35 hours ago
The Washington Post • 38 hours ago
Bluefield Daily Telegraph • 40 hours ago
Quartz • 40 hours ago
Defense World • 06 Mar 2024 • 07:14 am
InvestorsObserver • 29 Jan 2024 • 08:00 am

WidePoint Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue9.8%28,256,16525,733,65726,762,85725,273,68123,338,01225,271,57223,057,35422,436,42724,452,55222,251,28219,983,42020,650,84339,078,70257,506,56154,783,79039,665,35628,093,25229,616,94022,093,15321,916,90224,760,579
Cost Of Revenue10.9%24,225,03621,838,83622,853,22021,463,74119,778,36121,472,12019,737,71018,539,70220,456,00018,588,26815,991,15915,934,96423,573,36851,888,20549,726,21034,700,02423,339,89525,302,91918,036,40917,663,05920,275,135
Gross Profit3.5%4,031,1293,894,8213,909,6373,809,9403,559,6513,799,4523,319,6443,896,7253,996,5523,663,0143,992,2614,715,8794,813,9405,618,3565,057,5804,965,3324,753,3574,314,0214,056,7444,253,8434,485,444
Operating Expenses11.8%5,285,0534,727,5504,636,3694,698,3414,298,3174,395,07420,931,0274,584,7594,810,2732,853,9964,054,9724,040,8524,098,2564,469,5404,439,6044,225,5514,475,8664,025,2454,222,9313,768,6683,742,426
  S&GA Expenses30.2%637,951490,037542,172521,678468,722527,726562,623575,169503,185489,721533,528482,299439,216500,015439,684492,231444,319406,683415,462393,411376,704
  R&D Expenses----------------------
EBITDA Margin3.9%-0.02-0.02-0.18-0.18-0.18-0.18-0.170.010.02-0.10-0.13-0.16-0.29--------
Interest Expenses5.4%55,22452,39556,91058,77894,08862,84162,82663,52165,55067,37269,29071,01675,03569,58276,19082,11779,59978,06675,37277,5458,009
Income Taxes387.1%64,82113,30848,8126,3028,487,983-118,181-3,240,852-51,0752,017,101-767,772-131,807-608,882-3,045,12412,48353,100177,200265,83432,36466,45228,0001,147,583
Earnings Before Taxes100.0%--907,806-793,261-945,177--659,064-17,000,061-443,972-604,400767,772-131,807608,882-9,682,2121,079,446541,727661,088232,039216,074-241,309412,101735,462
EBT Margin4.6%-0.03-0.03-0.19-0.20-0.20-0.20-0.190.000.01-0.12-0.15-0.20-0.36--------
Net Income-44.6%-1,331,807-921,114-842,073-951,479-8,892,302-540,883-13,759,209-392,897-574,481534,884-204,731585,4248,284,2061,066,963488,627483,888-33,795183,710-307,761384,101-412,121
Net Income Margin66.8%-0.04-0.11-0.11-0.25-0.25-0.16-0.15-0.010.000.130.180.280.50--------
Free Cashflow-266.7%-1,251,920751,0053,503,730-2,585,7692,845,160-987,6341,343,5952,622,153-4,777,8843,798,703-1,385,309883,652361,889--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets6.0%51.0048.0052.0048.0049.0058.0060.0071.0075.0075.0072.0082.0010110185.0071.0064.0056.0054.0054.0047.00
  Current Assets14.3%33.0029.0031.0028.0028.0029.0030.0029.0033.0041.0038.0048.0067.0067.0058.0043.0037.0028.0026.0025.0024.00
    Cash Equivalents-18.2%7.008.008.005.008.005.007.007.006.0018.0015.0017.0016.0011.008.009.007.007.005.005.002.00
  Net PPE-9.0%1.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.00
  Goodwill0%6.006.006.006.006.006.006.0022.0022.004.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.00
Liabilities11.6%37.0033.0035.0031.0031.0032.0033.0031.0034.0032.0030.0040.0061.0061.0059.0045.0039.0031.0029.0029.0023.00
  Current Liabilities15.2%31.0027.0031.0026.0026.0026.0027.0024.0026.0026.0024.0033.0054.0054.0051.0037.0032.0023.0021.0021.0020.00
  Long Term Debt---------------------0.00
    LT Debt, Current----0.000.00--1.000.00-----------0.00
    LT Debt, Non Current---------------------0.00
Shareholder's Equity-5.7%15.0016.0016.0017.0018.0026.0027.0041.0042.0043.0042.0042.0041.0041.0026.0026.0025.0025.0025.0025.0024.00
  Retained Earnings-1.6%-87.15-85.82-84.90-84.05-83.10-74.21-73.67-59.91-59.52-58.94-59.48-59.27-59.86-59.86-69.21-69.70-70.18-70.15-70.33-70.02-70.41
  Additional Paid-In Capital-100.0%-10210110110110110110110110210210210110196.0096.0095.0095.0095.0095.0095.00
Shares Outstanding0%9.009.009.009.009.009.009.009.009.009.009.009.00---------
Float-------21.00---660*---59.00---33.00--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-248.6%-1,2098143,510-2,4892,851-9621,3542,825-4,6823,871-1,3669553904,365-1,3963,0274021,9421,0822,428-1,423
  Share Based Compensation41.9%42630095.0014014411589.0018022223524418315916020928118116328489.0090.00
Cashflow From Investing-268.4%-11367.00-215-359-345-912-1,166-983-5,504-689-608-641-178-294-291-393-155-95.06-123-142-95.67
Cashflow From Financing-1.0%-166-164-129-129-153-149-149-1,014-1,38626.00-1598144,327-292-147-153-482-118-121-122-3.91
  Buy Backs--------------20.23--10.00-365----

WYY Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Consolidated Statements of Operations  
REVENUES$ 106,026,360$ 94,103,365
COST OF REVENUES (including amortization and depreciation of $2,291,144 and $1,455,262, respectively)90,380,83379,527,893
GROSS PROFIT15,645,52714,575,472
OPERATING EXPENSES  
Sales and marketing2,191,8382,134,240
General and administrative expenses (including share-based compensation of $960,991 and $528,582, respectively)15,882,41514,720,497
Impairment charge - goodwill016,277,000
Impairment charge - definite-lived intangible assets193,3360
Depreciation and amortization1,079,7241,077,440
Total operating expenses19,347,31334,209,177
LOSS FROM OPERATIONS(3,701,786)(19,633,705)
OTHER INCOME (EXPENSE) INCOME  
Interest income90,67941,831
Interest expense(239,526)(259,644)
Other (expense) income, net(62,597)1,344,102
Total other (expense) income, net(211,444)1,126,289
LOSS BEFORE INCOME TAX PROVISION(3,913,230)(18,507,416)
INCOME TAX PROVISION133,2435,077,875
NET LOSS$ (4,046,473)$ (23,585,291)
EARNINGS PER SHARE, BASIC AND DILUTED$ (0.46)$ (2.70)
WEIGHTED-AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED8,830,7098,732,203

WYY Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash$ 6,921,160$ 7,530,864
Accounts receivable, net of allowance for credit losses of $81,359 and $51,666, respectively8,219,7939,277,109
Unbilled accounts receivable16,618,63910,244,101
Other current assets1,083,671935,978
Total current assets32,843,26327,988,052
NONCURRENT ASSETS  
Property and equipment, net780,800978,218
Lease right of use asset4,045,2224,723,899
Intangible assets, net7,336,3487,398,160
Goodwill5,811,5785,811,578
Deferred tax assets, net086,909
Other long-term assets483,2882,025,845
Total assets51,300,49949,012,661
CURRENT LIABILITIES  
Accounts payable12,633,65812,515,081
Accrued expenses16,175,70211,327,269
Current portion of deferred revenue2,009,3431,704,933
Current portion of lease liabilities638,258596,529
Total current liabilities31,456,96126,143,812
NONCURRENT LIABILITIES  
Lease liabilities, net of current portion4,114,5164,745,909
Contingent consideration6,9006,900
Deferred revenue, net of current portion1,027,770364,837
Deferred tax liabilities, net16,9230
Total liabilities36,623,07031,261,458
Commitments and contingencies (Note 18)00
STOCKHOLDERS' EQUITY  
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 2,045,714 shares issued and none outstanding00
Common stock, $0.001 par value; 30,000,000 shares authorized; 8,893,220 and 8,725,476 shares issued and outstanding, respectively8,8948,726
Additional paid-in capital102,151,381101,194,185
Accumulated other comprehensive loss(334,899)(350,234)
Accumulated deficit(87,147,947)(83,101,474)
Total stockholders' equity14,677,42917,751,203
Total liabilities and stockholders' equity$ 51,300,499$ 49,012,661
WYY
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. The company offers TMaaS solutions through a secure federal government certified proprietary portal and secure enterprise portal that provides ability to manage, analyze, and protect communications assets, as well as deploy identity management solutions that provide secured virtual and physical access to restricted environments. It provides telecom lifecycle management, mobile and identity management, and digital billing and analytics solutions. The company also offers information technology as a service, including cybersecurity, cloud, network operation, and professional services. WidePoint Corporation was founded in 1991 and is headquartered in Fairfax, Virginia.
 CEO
 WEBSITEwww.widepoint.com
 EMPLOYEES215

WidePoint Corp Frequently Asked Questions


What is the ticker symbol for WidePoint Corp? What does WYY stand for in stocks?

WYY is the stock ticker symbol of WidePoint Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of WidePoint Corp (WYY)?

As of Wed Mar 27 2024, market cap of WidePoint Corp is 23.21 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WYY stock?

You can check WYY's fair value in chart for subscribers.

What is the fair value of WYY stock?

You can check WYY's fair value in chart for subscribers. The fair value of WidePoint Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of WidePoint Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WYY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is WidePoint Corp a good stock to buy?

The fair value guage provides a quick view whether WYY is over valued or under valued. Whether WidePoint Corp is cheap or expensive depends on the assumptions which impact WidePoint Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WYY.

What is WidePoint Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, WYY's PE ratio (Price to Earnings) is -5.74 and Price to Sales (PS) ratio is 0.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WYY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on WidePoint Corp's stock?

In the past 10 years, WidePoint Corp has provided -0.173 (multiply by 100 for percentage) rate of return.