We started the process of determining a valid price forecast for Widepoint Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Widepoint Corp ranked in the 59th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for WYY, they are:
The business' balance sheet suggests that 7% of the company's capital is sourced from debt; this is greater than only 19.54% of the free cash flow producing stocks we're observing.
As a business, Widepoint Corp experienced a tax rate of about 15% over the past twelve months; relative to its sector (Technology), this tax rate is higher than 68.04% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Widepoint Corp? See ELTK, PANW, MODN, STMP, and CSGS.
Over the past four months, we've written several articles about WidePoint (WYY) — a leading provider of technology-based management solutions — and outlined why we believe the company is undervalued and provided an in-depth look at why the company, as the incumbent, should re-win a $500 million contract from the...
JG Investment Research on Seeking Alpha | September 2, 2020
FAIRFAX, Va., July 14, 2020 (GLOBE NEWSWIRE) -- WidePoint Corporation (NYSE American: WYY), the leading provider of Trusted Mobility Management (TM2) specializing in Telecommunications Lifecycle Management, Identity Management and Digital Billing & Analytics solutions, today reported that the company recorded more than $42 million in federal contract awards and extensions during the second quarter of 2020. During the quarter, WidePoint recorded 34 contractual actions, including new contracts, contract renewals, exercised option periods and contract extensions with federal government clients. Highlights include: * Task orders, contract renewals and extensions with the U.S. Department of Homeland Security Headquarters and numerous DHS Components * Option contracts for Managed Mobility ...