Research Analysts Issue Forecasts for WidePoint Q2 Earnings

WidePoint Corporation (NYSEAMERICAN:WYY) – Analysts at Litchfield Hills Research decreased their Q2 2026 EPS estimates for shares of WidePoint in a research note issued to investors on Thursday, June 25th. Litchfield Hills Research analyst B. Sine now anticipates that the technology company will post earnings per share of $0.01 for the quarter, down from their prior forecast of $0.02. The consensus estimate for WidePoint’s current full-year earnings is ($0.06) per share. Litchfield Hills Research also issued estimates for WidePoint’s Q3 2026 earnings at $0.02 EPS.

WidePoint (NYSEAMERICAN:WYY) last announced its quarterly earnings data on Thursday, May 14th. The technology company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.13. WidePoint had a negative net margin of 1.24% and a negative return on equity of 16.24%. The business had revenue of $40.58 million for the quarter, compared to analysts’ expectations of $37.87 million.

WYY has been the subject of a number of other research reports. HC Wainwright reaffirmed a “buy” rating and set a $9.00 price objective on shares of WidePoint in a research report on Monday, March 30th. Zacks Research raised WidePoint from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, WidePoint presently has a consensus rating of “Moderate Buy” and an average target price of $8.67.

WidePoint Stock Performance

Shares of WYY opened at $20.20 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average price is $9.86 and its 200-day moving average price is $7.07. WidePoint has a 52 week low of $2.80 and a 52 week high of $24.30. The stock has a market cap of $199.78 million, a P/E ratio of -100.99 and a beta of 1.81.

Insider Buying and Selling

In other news, COO Todd Dzyak sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the transaction, the chief operating officer directly owned 115,436 shares of the company’s stock, valued at $2,770,464. The trade was a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert J. George sold 10,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $10.59, for a total transaction of $105,900.00. Following the transaction, the chief financial officer owned 54,493 shares in the company, valued at approximately $577,080.87. This trade represents a 15.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 30,000 shares of company stock valued at $495,900 over the last quarter. Company insiders own 16.10% of the company’s stock.

Hedge Funds Weigh In On WidePoint

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of WidePoint by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 376,513 shares of the technology company’s stock worth $1,862,000 after buying an additional 8,850 shares during the last quarter. Potomac Capital Management Inc. bought a new stake in WidePoint during the fourth quarter valued at about $1,051,000. Renaissance Technologies LLC increased its position in WidePoint by 3.0% in the fourth quarter. Renaissance Technologies LLC now owns 132,098 shares of the technology company’s stock worth $709,000 after buying an additional 3,898 shares in the last quarter. Informed Momentum Co LLC bought a new position in shares of WidePoint in the fourth quarter worth about $527,000. Finally, Geode Capital Management LLC lifted its position in shares of WidePoint by 4.5% during the 4th quarter. Geode Capital Management LLC now owns 85,777 shares of the technology company’s stock valued at $461,000 after buying an additional 3,675 shares in the last quarter. 22.60% of the stock is owned by institutional investors.

About WidePoint

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint’s core offerings include mobile device management, telecom expense management, and unified endpoint security.