Q3 EPS Estimates for WidePoint Decreased by Analyst

WidePoint Corporation (NYSEAMERICAN:WYY) – Research analysts at Litchfield Hills Research decreased their Q3 2026 earnings per share (EPS) estimates for WidePoint in a report issued on Thursday, March 26th. Litchfield Hills Research analyst B. Sine now forecasts that the technology company will post earnings of $0.06 per share for the quarter, down from their prior estimate of $0.13. The consensus estimate for WidePoint’s current full-year earnings is ($0.26) per share. Litchfield Hills Research also issued estimates for WidePoint’s Q1 2027 earnings at ($0.08) EPS, Q2 2027 earnings at $0.02 EPS, Q3 2027 earnings at $0.09 EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.09 EPS.

WidePoint Stock Performance

WYY opened at $4.62 on Monday. The company has a fifty day moving average of $5.36 and a two-hundred day moving average of $5.84. The stock has a market capitalization of $45.60 million, a price-to-earnings ratio of -15.93 and a beta of 1.47. WidePoint has a fifty-two week low of $2.19 and a fifty-two week high of $7.55.

Hedge Funds Weigh In On WidePoint

Several institutional investors and hedge funds have recently modified their holdings of WYY. NewEdge Advisors LLC raised its holdings in WidePoint by 194.5% in the 4th quarter. NewEdge Advisors LLC now owns 46,028 shares of the technology company’s stock worth $247,000 after purchasing an additional 30,397 shares during the period. State Street Corp grew its holdings in WidePoint by 9.7% in the fourth quarter. State Street Corp now owns 27,153 shares of the technology company’s stock valued at $146,000 after purchasing an additional 2,400 shares during the period. Jane Street Group LLC increased its position in shares of WidePoint by 98.6% in the fourth quarter. Jane Street Group LLC now owns 52,751 shares of the technology company’s stock valued at $283,000 after buying an additional 26,193 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of WidePoint by 3.0% in the fourth quarter. Renaissance Technologies LLC now owns 132,098 shares of the technology company’s stock valued at $709,000 after buying an additional 3,898 shares in the last quarter. Finally, Informed Momentum Co LLC acquired a new position in shares of WidePoint during the 4th quarter worth approximately $527,000. Hedge funds and other institutional investors own 22.60% of the company’s stock.

WidePoint Company Profile

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.