Widepoint Stock Today

WYY
 Stock
  

USD 1.97  0.10  4.83%   

Market Performance
0 of 100
Odds Of Distress
Less than 42
Widepoint is trading at 1.97 as of the 7th of December 2022; that is -4.83 percent down since the beginning of the trading day. The stock's open price was 2.07. Widepoint has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Widepoint C are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of December 2020 and ending today, the 7th of December 2022. Click here to learn more.
CUSIP
967590100
Fiscal Year End
December
Business Domain
Software & Services
IPO Date
19th of May 1998
Category
Technology
Classification
Information Technology
WidePoint Corporation provides technology management as a service to the government and business enterprises in North America and Europe. WidePoint Corporation was founded in 1991 and is headquartered in Fairfax, Virginia. Widepoint Corp operates under Information Technology Services classification in the United States and is traded on AMEX Exchange. The company has 8.73 M outstanding shares of which 48.48 K shares are at this time shorted by investors with about 1.46 days to cover. More on Widepoint C

Moving together with Widepoint

+0.63CHRDChord Energy Corp Symbol ChangePairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Widepoint Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Widepoint's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Widepoint or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Widepoint C generated a negative expected return over the last 90 days
Widepoint C may become a speculative penny stock
Widepoint C has high historical volatility and very poor performance
Widepoint C has about 6.48 M in cash with (1.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
Latest headline from news.google.com: Widepoint C earnings miss, Revenue beats in Q3 - Investing.com India
CEOJin Kang
Fama & French Classification
Average Analyst Recommendation
Analysts covering Widepoint report their recommendations after researching Widepoint's financial statements, talking to executives and customers, or listening in on Widepoint's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Widepoint C. The Widepoint consensus assessment is calculated by taking the average forecast from all of the analysts covering Widepoint.
Strong Buy1 Opinion
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Widepoint's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
Widepoint C (WYY) is traded on NYSE MKT Exchange in USA and employs 253 people. Widepoint is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 17.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Widepoint's market, we take the total number of its shares issued and multiply it by Widepoint's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Widepoint C runs under IT Services sector within Information Technology industry. The entity has 8.73 M outstanding shares of which 48.48 K shares are at this time shorted by investors with about 1.46 days to cover. Widepoint C has about 6.48 M in cash with (1.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
Check Widepoint Probability Of Bankruptcy
Ownership
Widepoint C owns a total of 8.73 Million outstanding shares. Widepoint C maintains 9.8 (%) if its outstanding shares held by insiders and 9.8 (%) owned by institutional investors . Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Widepoint Ownership Details

Widepoint Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Widepoint jumping above the current price in 90 days from now is about 92.97%. The Widepoint C probability density function shows the probability of Widepoint stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Widepoint has a beta of 0.4511. This entails as returns on the market go up, Widepoint average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Widepoint C will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Widepoint C is significantly underperforming NYSE Composite.
  Odds Below 1.97HorizonTargetOdds Above 1.97
6.98%90 days
 1.97 
92.97%
Based on a normal probability distribution, the odds of Widepoint to move above the current price in 90 days from now is about 92.97 (This Widepoint C probability density function shows the probability of Widepoint Stock to fall within a particular range of prices over 90 days) .

Widepoint C Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Widepoint market risk premium is the additional return an investor will receive from holding Widepoint long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Widepoint. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Widepoint's alpha and beta are two of the key measurements used to evaluate Widepoint's performance over the market, the standard measures of volatility play an important role as well.

Widepoint Stock Against Markets

Picking the right benchmark for Widepoint stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Widepoint stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Widepoint is critical whether you are bullish or bearish towards Widepoint C at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Widepoint without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Widepoint Corporate Directors

Widepoint corporate directors refer to members of a Widepoint board of directors. The board of directors generally takes responsibility for the Widepoint's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Widepoint's board members must vote for the resolution. The Widepoint board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
James Ritter - Independent DirectorProfile
Philip Richter - DirectorProfile
Alan Howe - DirectorProfile
James McCubbin - CFO, Executive VP, Treasurer, Secretary and DirectorProfile

Invested in Widepoint C?

The danger of trading Widepoint C is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Widepoint is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Widepoint. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Widepoint C is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Widepoint's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Widepoint. If investors know Widepoint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Widepoint listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.54) 
Market Capitalization
17.5 M
Quarterly Revenue Growth YOY
0.136
Return On Assets
(0.0321) 
Return On Equity
(0.44) 
The market value of Widepoint C is measured differently than its book value, which is the value of Widepoint that is recorded on the company's balance sheet. Investors also form their own opinion of Widepoint's value that differs from its market value or its book value, called intrinsic value, which is Widepoint's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Widepoint's market value can be influenced by many factors that don't directly affect Widepoint's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Widepoint's value and its price as these two are different measures arrived at by different means. Investors typically determine Widepoint value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Widepoint's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.