Q1 Earnings Estimate for WidePoint Issued By HC Wainwright

WidePoint Co. (NYSEAMERICAN:WYY) – Investment analysts at HC Wainwright issued their Q1 2025 EPS estimates for shares of WidePoint in a report issued on Thursday, April 17th. HC Wainwright analyst S. Buck anticipates that the technology company will earn ($0.01) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $7.00 target price on the stock. The consensus estimate for WidePoint’s current full-year earnings is ($0.26) per share. HC Wainwright also issued estimates for WidePoint’s Q4 2025 earnings at $0.01 EPS.

Separately, StockNews.com initiated coverage on WidePoint in a research report on Wednesday. They set a “hold” rating for the company.

WidePoint Stock Up 9.1 %

Shares of NYSEAMERICAN WYY opened at $2.87 on Friday. The stock has a market capitalization of $28.13 million, a PE ratio of -9.26 and a beta of 1.70. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The firm has a fifty day moving average of $3.46 and a 200-day moving average of $3.92. WidePoint has a 52-week low of $1.83 and a 52-week high of $6.25.

Hedge Funds Weigh In On WidePoint

Hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC lifted its position in WidePoint by 121.6% during the 4th quarter. Renaissance Technologies LLC now owns 184,400 shares of the technology company’s stock worth $892,000 after acquiring an additional 101,176 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of WidePoint during the fourth quarter worth $186,000. Jane Street Group LLC acquired a new stake in WidePoint during the 4th quarter valued at $101,000. Arrowstreet Capital Limited Partnership purchased a new stake in WidePoint during the 4th quarter worth $75,000. Finally, Dimensional Fund Advisors LP lifted its holdings in WidePoint by 9.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 81,372 shares of the technology company’s stock worth $394,000 after buying an additional 7,331 shares in the last quarter. Hedge funds and other institutional investors own 22.60% of the company’s stock.

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.