Shares of WidePoint Co. (NYSE:WYY) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating. WidePoint’s rating score has improved by 50% from three months ago as a result of various analysts’ upgrades and downgrades.
Analysts have set a 12-month consensus target price of $1.50 for the company and are anticipating that the company will post ($0.01) earnings per share for the current quarter, according to Zacks. Zacks has also assigned WidePoint an industry rank of 199 out of 265 based on the ratings given to its competitors.
Several brokerages recently commented on WYY. B. Riley restated a “buy” rating and issued a $1.50 price target on shares of WidePoint in a research report on Tuesday, August 9th. Zacks Investment Research downgraded shares of WidePoint from a “hold” rating to a “sell” rating in a research report on Friday, August 12th.
Shares of WidePoint (NYSE:WYY) opened at 0.4195 on Friday. The firm’s market cap is $34.71 million. The company has a 50-day moving average of $0.42 and a 200-day moving average of $0.61. WidePoint has a 12 month low of $0.37 and a 12 month high of $0.98.
WidePoint Corporation is a provider of information technology (IT)-based products, services and solutions. The Company offers secure, cloud-based, enterprise-wide IT-based solutions that enable commercial markets, and federal and state government organizations, to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements.
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