After A -20.38% Drop In Share Price, Is Widepoint Corp (AMEX:WYY) A Better Trade Than Others?

In last trading session, Widepoint Corp (AMEX:WYY) saw 0.45 million shares changing hands with its beta currently measuring 1.81. Company’s recent per share price level of $4.22 trading at -$1.08 or -20.38% at ring of the bell on the day assigns it a market valuation of $41.28M. That closing price of WYY’s stock is at a discount of -48.1% from its 52-week high price of $6.25 and is indicating a premium of 48.1% from its 52-week low price of $2.19. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.22 million shares which gives us an average trading volume of 64.25K if we extend that period to 3-months.

For Widepoint Corp (WYY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

Widepoint Corp (AMEX:WYY) trade information

Upright in the red during last session for losing -20.38%, in the last five days WYY remained trading in the red while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $4.22 price level, adding 31.72% to its value on the day. Widepoint Corp’s shares saw a change of -12.81% in year-to-date performance and have moved -22.85% in past 5-day. Widepoint Corp (AMEX:WYY) showed a performance of 60.46% in past 30-days. Number of shares sold short was 64215.0 shares which calculate 1.27 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 39.71% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -65.88% in reaching the projected high whereas dropping to the targeted low would mean a loss of -65.88% for stock’s current value.

Widepoint Corp (WYY) estimates and forecasts

This year revenue growth is estimated to rise 10.45% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 39.93M for the same. And 2 analysts are in estimates of company making revenue of 40.14M in the next quarter. Company posted 36.04M and 34.62M of sales in current and next quarters respectively a year earlier.

Widepoint Corp (AMEX:WYY)’s Major holders

Insiders are in possession of 20.47% of company’s total shares while institution are holding 13.17 percent of that, with stock having share float percentage of 16.56%. Investors also watch the number of corporate investors in a company very closely, which is 13.17% institutions for Widepoint Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at WYY for having 0.38 million shares of worth $1.58 million. And as of 2024-06-30, it was holding 4.0225 of the company’s outstanding shares.

The second largest institutional holder is SUMMIT FINANCIAL STRATEGIES, INC., which was holding about 0.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.0976 of outstanding shares, having a total worth of $0.43 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 265.53 shares of worth $1.12 million or 2.71% of the total outstanding shares. The later fund manager was in possession of 102.13 shares on Dec 31, 2024 , making its stake of worth around $0.43 million in the company or a holder of 1.04% of company’s stock.