WYY - WidePoint Corp Stock Price, Fair Value and News

2.72USD+0.08 (+3.03%)Market Closed

Market Summary

USD2.72+0.08

Market Closed

3.03%

WYY Stock Price

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WYY RSI Chart

WYY Valuation

Market Cap

25.3M

Price/Earnings (Trailing)

-6.76

Price/Sales (Trailing)

0.22

EV/EBITDA

-9.84

Price/Free Cashflow

17.59

WYY Price/Sales (Trailing)

WYY Profitability

Operating Margin

14.35%

EBT Margin

-2.91%

Return on Equity

-26.39%

Return on Assets

-6.89%

Free Cashflow Yield

5.68%

WYY Fundamentals

WYY Revenue

Revenue (TTM)

115.0M

Rev. Growth (Yr)

35.35%

Rev. Growth (Qtr)

21.06%

WYY Earnings

Earnings (TTM)

-3.7M

Earnings Growth (Yr)

31.36%

Earnings Growth (Qtr)

50.96%

Breaking Down WYY Revenue

Last 7 days

8.4%

Last 30 days

33.3%

Last 90 days

-7.2%

Trailing 12 Months

55.4%

How does WYY drawdown profile look like?

WYY Financial Health

Current Ratio

1.05

Debt/Equity

0.01

Debt/Cashflow

12.76

WYY Investor Care

Shares Dilution (1Y)

5.99%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	115.0M	0	0	0
2023	96.9M	100.6M	101.1M	106.0M
2022	89.1M	92.2M	95.2M	94.1M
2021	37.3M	54.0M	70.7M	87.3M
2020	119.5M	152.2M	180.0M	20.7M
2019	85.5M	90.1M	98.4M	101.7M
2018	77.4M	76.0M	78.8M	83.7M
2017	76.5M	77.9M	74.2M	75.9M
2016	73.7M	73.8M	78.9M	78.4M
2015	61.4M	66.4M	68.9M	70.8M
2014	44.5M	45.5M	47.8M	53.3M
2013	54.0M	52.9M	49.9M	46.8M
2012	44.5M	47.1M	51.6M	55.8M
2011	48.5M	46.1M	43.7M	41.4M
2010	0	0	0	50.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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>

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

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Tracking the Latest Insider Buys and Sells of WidePoint Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 10, 2024	holloway jason	bought	2,260	2.26	1,000	evp and chief sales and market
Apr 10, 2024	kang jin	bought	4,560	2.28	2,000	ceo
Apr 08, 2024	bowen julia a	bought	4,840	2.42	2,000	-
Apr 05, 2024	kang jin	bought	4,740	2.37	2,000	ceo
Apr 05, 2024	garfinkle philip n	bought	2,365	2.15	1,100	-
Apr 04, 2024	garfinkle philip n	bought	720	2.4	300	-
Apr 04, 2024	kang jin	bought	4,380	2.19	2,000	ceo
Apr 03, 2024	garfinkle philip n	bought	1,176	2.44	482	-

Which funds bought or sold WYY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	STATE STREET CORP	unchanged	-	5,441	52,196	-%
May 15, 2024	MORGAN STANLEY	unchanged	-	1,215	11,655	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-12.00	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-60.25	-6,910	5,512	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	2.00	28,130	230,893	-%
May 15, 2024	CITADEL ADVISORS LLC	added	67.74	51,218	109,909	-%
May 14, 2024	NORTHERN TRUST CORP	reduced	-0.38	3,860	38,298	-%
May 14, 2024	FEDERATED HERMES, INC.	unchanged	-	90.00	860	-%
May 13, 2024	UBS Group AG	added	141	4,517	7,185	-%
May 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	unchanged	-	15,392	147,623	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 15, 2024	10-Q	Quarterly Report
Apr 29, 2024	ARS	ARS
Apr 29, 2024	DEF 14A	DEF 14A
Apr 29, 2024	DEFA14A	DEFA14A
Apr 11, 2024	4	Insider Trading
Apr 11, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading

Peers (Alternatives to WidePoint Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ACN	191.1B	64.6B	-3.43%	5.66%	27.17	2.96	2.26%	1.32%
IBM	155.0B	62.1B	-7.68%	33.99%	18.95	2.5	2.45%	346.26%
CTSH	34.2B	19.3B	1.82%	8.09%	16.34	1.77	-0.58%	-9.32%
CDW	30.1B	21.1B	-5.54%	28.00%	27.57	1.42	-7.67%	-0.37%
BR	24.0B	6.4B	5.16%	31.93%	34.39	3.76	7.68%	26.07%
MID-CAP
CACI	9.5B	7.3B	17.76%	40.72%	24.22	1.3	10.28%	6.24%
EXLS	5.1B	1.7B	6.05%	0.91%	27.84	3.04	12.34%	15.10%
ASGN	4.6B	4.4B	6.73%	49.39%	22.32	1.06	-5.37%	-17.11%
DXC	3.0B	13.7B	-16.57%	-30.75%	32.46	0.22	-5.29%	116.02%
XRX	1.7B	6.7B	-13.84%	-4.58%	-9.47	0.26	-6.72%	6.15%
SMALL-CAP
CTG	1.7B	302.0M	13.51%	1525.39%	2.8K	4.93	-16.01%	-96.16%
GDYN	782.8M	312.6M	0.29%	24.76%	346.84	2.5	-2.04%	106.54%
CNDT	779.5M	3.7B	26.16%	6.72%	-2.63	0.21	-2.41%	-62.64%
DMRC	538.6M	36.9M	11.26%	-16.91%	-12.75	14.58	20.62%	24.62%
CSPI	140.7M	62.1M	-11.69%	31.99%	25.89	2.27	0.80%	60.81%

WidePoint Corp News

Latest updates

WidePoint Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	21.1%	34,207	28,256	25,734	26,763	25,274	23,338	25,272	23,057	22,436	24,453	22,251	19,983	20,651	39,079	57,507	54,784	39,665	28,093	29,617	22,093	21,917
Cost Of Revenue	21.9%	29,541	24,225	21,839	22,853	21,464	19,778	21,472	19,738	18,540	20,456	18,588	15,991	15,935	23,573	51,888	49,726	34,700	23,340	25,303	18,036	17,663
Gross Profit	15.7%	4,666	4,031	3,895	3,910	3,810	3,560	3,799	3,320	3,897	3,997	3,663	3,992	4,716	4,814	5,618	5,058	4,965	4,753	4,314	4,057	4,254
Operating Expenses	0.6%	5,317	5,285	4,728	4,636	4,698	4,298	4,395	20,931	4,585	4,810	2,854	4,055	4,041	4,098	4,470	4,440	4,226	4,476	4,025	4,223	3,769
S&GA Expenses	-4.1%	612	638	490	542	522	469	528	563	575	503	490	534	482	439	500	440	492	444	407	415	393
EBITDA Margin	-Infinity%	-0.02*	-	-0.02*	-0.18*	-0.18*	-0.18*	-0.18*	-0.17*	0.01*	0.02*	-0.10*	-0.13*	-0.16*	-	-	-	-	-	-	-	-
Interest Expenses	-27.3%	52.00	71.00	52.00	57.00	59.00	94.00	63.00	63.00	64.00	66.00	67.00	69.00	71.00	75.00	70.00	76.00	82.00	80.00	78.00	75.00	78.00
Income Taxes	-164.9%	-42.09	65.00	13.00	49.00	6.00	8,488	-118	-3,240	-51.07	2,017	-767	-131	-608	-3,045	12.00	53.00	177	266	32.00	66.00	28.00
Earnings Before Taxes	-Infinity%	-695	-	-907	-793	-945	-	-659	-17,000	-443	-604	768	-131	609	-9,682	1,079	542	661	232	216	-241	412
EBT Margin	-Infinity%	-0.03*	-	-0.03*	-0.19*	-0.20*	-0.20*	-0.20*	-0.19*	0.00*	0.01*	-0.12*	-0.15*	-0.20*	-	-	-	-	-	-	-	-
Net Income	51.0%	-653	-1,331	-921	-842	-951	-8,892	-540	-13,759	-392	-574	535	-204	585	8,284	1,067	489	484	-33.79	184	-307	384
Net Income Margin	14.6%	-0.03*	-0.04*	-0.11*	-0.11*	-0.25*	-0.25*	-0.16*	-0.15*	-0.01*	0.00*	0.13*	0.18*	0.28*	-	-	-	-	-	-	-	-
Free Cashflow	-24.9%	-1,563	-1,251	751	3,504	-2,585	2,845	-987	1,344	2,622	-4,777	3,799	-1,385	884	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	6.0%	54.00	51.00	48.00	52.00	48.00	49.00	58.00	60.00	71.00	75.00	75.00	72.00	82.00	101	101	85.00	71.00	64.00	56.00	54.00	54.00
Current Assets	12.0%	37.00	33.00	29.00	31.00	28.00	28.00	29.00	30.00	29.00	33.00	41.00	38.00	48.00	67.00	67.00	58.00	43.00	37.00	28.00	26.00	25.00
Cash Equivalents	-23.9%	5.00	7.00	8.00	8.00	5.00	8.00	5.00	7.00	7.00	6.00	18.00	15.00	17.00	16.00	11.00	8.00	9.00	7.00	7.00	5.00	5.00
Inventory	79.5%	1.00	0.00	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	-11.0%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Goodwill	0%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	22.00	22.00	4.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00
Liabilities	9.7%	40.00	37.00	33.00	35.00	31.00	31.00	32.00	33.00	31.00	34.00	32.00	30.00	40.00	61.00	61.00	59.00	45.00	39.00	31.00	29.00	29.00
Current Liabilities	11.7%	35.00	31.00	27.00	31.00	26.00	26.00	26.00	27.00	24.00	26.00	26.00	24.00	33.00	54.00	54.00	51.00	37.00	32.00	23.00	21.00	21.00
LT Debt, Current	-	-	-	-	-	0.00	0.00	-	-	1.00	0.00	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-3.2%	14.00	15.00	16.00	16.00	17.00	18.00	26.00	27.00	41.00	42.00	43.00	42.00	42.00	41.00	41.00	26.00	26.00	25.00	25.00	25.00	25.00
Retained Earnings	-0.7%	-87.80	-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
Additional Paid-In Capital	0.2%	102	102	102	101	101	101	101	101	101	101	102	102	102	101	101	96.00	96.00	95.00	95.00	95.00	95.00
Shares Outstanding	-0.6%	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	15.00	-	-	-	21.00	-	-	-	660*	-	-	-	59.00	-	-	-	33.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-28.7%	-1,556	-1,209	814	3,510	-2,489	2,851	-962	1,354	2,825	-4,682	3,871	-1,366	955	390	4,365	-1,396	3,027	402	1,942	1,082	2,428
Share Based Compensation	-1.8%	418	426	300	95.00	140	144	115	89.00	180	222	235	244	183	159	160	209	281	181	163	284	89.00
Cashflow From Investing	322.3%	253	-113	67.00	-215	-359	-345	-912	-1,166	-983	-5,504	-689	-608	-641	-178	-294	-291	-393	-155	-95.06	-123	-142
Cashflow From Financing	-114.1%	-356	-166	-164	-129	-129	-153	-149	-149	-1,014	-1,386	26.00	-159	814	4,327	-292	-147	-153	-482	-118	-121	-122
Buy Backs	-	-	-	-	-	-	818	-	-	-	-	-	-	-	-20.23	-	-	10.00	-365	-	-	-

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WYY Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
REVENUES	$ 34,207,279	$ 25,273,681
COST OF REVENUES (including amortization and depreciation of $576,905 and $502,560, respectively)	29,541,388	21,463,741
GROSS PROFIT	4,665,891	3,809,940
OPERATING EXPENSES
Sales and marketing	611,893	521,678
General and administrative expenses (including share-based compensation of $417,783 and $140,116, respectively)	4,448,483	3,910,820
Depreciation and amortization	256,534	265,843
Total operating expenses	5,316,910	4,698,341
LOSS FROM OPERATIONS	(651,019)	(888,401)
OTHER (EXPENSE) INCOME
Interest income	49,426	2,196
Interest expense	(58,737)	(58,778)
Other (expense) income, net	(34,871)	(194)
Total other (expense) income, net	(44,182)	(56,776)
LOSS BEFORE INCOME TAX (BENEFIT) PROVISION	(695,201)	(945,177)
INCOME TAX (BENEFIT) PROVISION	(42,091)	6,302
NET LOSS	$ (653,110)	$ (951,479)
EARNINGS PER SHARE, BASIC AND DILUTED	$ (0.07)	$ (0.11)
WEIGHTED-AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED	8,897,819	8,739,317

WYY Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash	$ 5,267,934	$ 6,921,160
Accounts receivable, net of allowance for credit losses of $79,698 and $81,359, respectively	6,804,519	8,219,793
Unbilled accounts receivable	23,072,400	16,618,639
Other current assets	1,624,712	1,083,671
Total current assets	36,769,565	32,843,263
NONCURRENT ASSETS
Property and equipment, net	695,268	780,800
Lease right of use asset	3,876,013	4,045,222
Intangible assets, net	6,751,932	7,336,348
Goodwill	5,811,578	5,811,578
Other long-term assets	489,700	483,288
Total assets	54,394,056	51,300,499
CURRENT LIABILITIES
Accounts payable	12,061,252	12,633,658
Accrued expenses	20,594,212	16,175,702
Current portion of deferred revenue	1,850,537	2,009,343
Current portion of lease liabilities	619,708	638,258
Total current liabilities	35,125,709	31,456,961
NONCURRENT LIABILITIES
Lease liabilities, net of current portion	3,995,834	4,114,516
Contingent consideration	6,900	6,900
Deferred revenue, net of current portion	999,761	1,027,770
Deferred tax liabilities, net	64,753	16,923
Total liabilities	40,192,957	36,623,070
Commitments and contingencies (Note 14)	0	0
STOCKHOLDERS' EQUITY
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 2,045,714 shares issued and none outstanding	0	0
Common stock, $0.001 par value; 30,000,000 shares authorized; 9,311,761 and 8,893,220 shares issued and outstanding, respectively	9,313	8,894
Additional paid-in capital	102,349,962	102,151,381
Accumulated other comprehensive loss	(357,119)	(334,899)
Accumulated deficit	(87,801,057)	(87,147,947)
Total stockholders' equity	14,201,099	14,677,429
Total liabilities and stockholders' equity	$ 54,394,056	$ 51,300,499

About WidePoint Corp

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	Mr. Jin H. Kang
WEBSITE	widepoint.com
INDUSTRY	IT Services
EMPLOYEES	215

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 Fri May 17 2024, market cap of WidePoint Corp is 25.33 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 Fri May 17 2024, WYY's PE ratio (Price to Earnings) is -6.76 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 -0.156 (multiply by 100 for percentage) rate of return.