Widepoint C

Company Profile

Widepoint C had its IPO on 1998-05-19 under the ticker symbol WYY.

The company operates in the Technology sector and Information Technology Services industry. Widepoint C has a staff strength of 215 employees.

Stock update

Shares of Widepoint C opened at $1.83 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.81 - $1.84, and closed at $1.81.

This is a 0% increase from the previous day's closing price.

A total volume of 3,256 shares were traded at the close of the day’s session.

In the last one week, shares of Widepoint C have slipped by -4.74%.

Widepoint C's Key Ratios

Widepoint C has a market cap of $16.41 million, indicating a price to book ratio of 0.6292 and a price to sales ratio of 0.1759.

In the last 12-months Widepoint C’s revenue was $100.65 million with a gross profit of $16.37 million and an EBITDA of $-7122. The EBITDA ratio measures Widepoint C's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Widepoint C’s operating margin was -2.93% while its return on assets stood at -3.31% with a return of equity of -52.03%.

In Q2, Widepoint C’s quarterly earnings growth was a negative -53.6% while revenue growth was a positive 16.1%.

Widepoint C’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

-0.95

Its diluted EPS in the last 12-months stands at $-1.28 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.95. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Widepoint C’s profitability.

Widepoint C stock is trading at a EV to sales ratio of 0.1788 and a EV to EBITDA ratio of -1.0759. Its price to sales ratio in the trailing 12-months stood at 0.1759.

Widepoint C stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$51.71 million

Total Liabilities

$30.56 million

Operating Cash Flow

$-574810.00

Capital Expenditure

$358658

Dividend Payout Ratio

0%

Widepoint C ended 2023 with $51.71 million in total assets and $0 in total liabilities. Its intangible assets were valued at $51.71 million while shareholder equity stood at $16.26 million.

Widepoint C ended 2023 with $0 in deferred long-term liabilities, $30.56 million in other current liabilities, 8894.00 in common stock, $-84895026.00 in retained earnings and $5.81 million in goodwill. Its cash balance stood at $7.78 million and cash and short-term investments were $7.78 million. The company’s total short-term debt was $615,783 while long-term debt stood at $0.

Widepoint C’s total current assets stands at $31.43 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $22.55 million compared to accounts payable of $13.38 million and inventory worth $307426.00.

In 2023, Widepoint C's operating cash flow was $-574810.00 while its capital expenditure stood at $358658.

Comparatively, Widepoint C paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.81

52-Week High

$2.76

52-Week Low

$1.7

Analyst Target Price

$14

Widepoint C stock is currently trading at $1.81 per share. It touched a 52-week high of $2.76 and a 52-week low of $2.76. Analysts tracking the stock have a 12-month average target price of $14.

Its 50-day moving average was $1.87 and 200-day moving average was $1.92 The short ratio stood at 1.8 indicating a short percent outstanding of 0%.

Around 1006.6% of the company’s stock are held by insiders while 1065.6% are held by institutions.