WidePoint (WYY) Expected to Announce Earnings on Thursday

WidePoint (NYSEAMERICAN:WYY) is projected to issue its Q4 2024 quarterly earnings data before the market opens on Thursday, May 15th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $37.79 million for the quarter.

WidePoint Price Performance

WYY opened at $5.84 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27. The stock has a market cap of $57.23 million, a price-to-earnings ratio of -18.84 and a beta of 1.70. The stock has a fifty day moving average price of $3.57 and a 200 day moving average price of $3.94. WidePoint has a 1 year low of $2.19 and a 1 year high of $6.25.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WYY shares. HC Wainwright reissued a “buy” rating and set a $7.00 price objective on shares of WidePoint in a report on Thursday, April 17th. StockNews.com initiated coverage on WidePoint in a research note on Thursday, May 8th. They set a “hold” rating for the company.

About WidePoint

WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. It 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 deploys identity management solutions that provides secured virtual and physical access to restricted environments.