WidePoint Q3 EPS Increased by Litchfield Hills Research

WidePoint Corporation (NYSEAMERICAN:WYY) – Investment analysts at Litchfield Hills Research raised their Q3 2026 EPS estimates for WidePoint in a research note issued to investors on Monday, August 17th. Litchfield Hills Research analyst B. Sine now forecasts that the technology company will earn $0.09 per share for the quarter, up from their prior estimate of $0.02. The consensus estimate for WidePoint’s current full-year earnings is $0.03 per share. Litchfield Hills Research also issued estimates for WidePoint’s Q4 2026 earnings at $0.00 EPS, Q2 2027 earnings at $0.26 EPS and FY2027 earnings at $1.37 EPS.

Separately, Zacks Research cut WidePoint from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, WidePoint presently has a consensus rating of “Moderate Buy” and an average target price of $9.00.

WidePoint Trading Up 2.8%

NYSEAMERICAN WYY opened at $9.34 on Thursday. The company has a market cap of $93.40 million, a P/E ratio of -71.84 and a beta of 1.77. WidePoint has a 1 year low of $3.75 and a 1 year high of $24.30. The company has a fifty day simple moving average of $12.59 and a 200 day simple moving average of $8.66.

WidePoint (NYSEAMERICAN:WYY) last issued its quarterly earnings data on Thursday, August 13th. The technology company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). WidePoint had a negative net margin of 0.81% and a negative return on equity of 10.74%. The company had revenue of $38.00 million for the quarter, compared to analyst estimates of $41.83 million.

Institutional Trading of WidePoint

A number of hedge funds and other institutional investors have recently made changes to their positions in WYY. Royal Bank of Canada grew its stake in shares of WidePoint by 19,130.8% during the first quarter. Royal Bank of Canada now owns 5,000 shares of the technology company’s stock valued at $25,000 after purchasing an additional 4,974 shares during the last quarter. PNC Financial Services Group Inc. acquired a new position in shares of WidePoint during the first quarter valued at $50,000. XTX Topco Ltd acquired a new stake in shares of WidePoint during the 2nd quarter worth approximately $58,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of WidePoint during the first quarter worth approximately $87,000. Finally, NewEdge Advisors LLC bought a new stake in shares of WidePoint during the second quarter worth approximately $74,000. 22.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other WidePoint news, CFO Robert J. George sold 16,882 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $16.16, for a total value of $272,813.12. Following the transaction, the chief financial officer directly owned 19,842 shares in the company, valued at $320,646.72. The trade was a 45.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Todd Dzyak sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $12.75, for a total transaction of $63,750.00. Following the sale, the chief operating officer directly owned 110,436 shares of the company’s stock, valued at approximately $1,408,059. The trade was a 4.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 82,745 shares of company stock worth $1,355,144. Company insiders own 16.10% of the company’s stock.

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.