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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Sober or bright? Europe faces holidays during energy crunch
See how to make money instead of spending it on Black Friday with this offer (Ad)
On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
See how to make money instead of spending it on Black Friday with this offer (Ad)
Whole Foods decision to pull lobster divides enviros, pols
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Sober or bright? Europe faces holidays during energy crunch
See how to make money instead of spending it on Black Friday with this offer (Ad)
On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
See how to make money instead of spending it on Black Friday with this offer (Ad)
Whole Foods decision to pull lobster divides enviros, pols
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Sober or bright? Europe faces holidays during energy crunch
See how to make money instead of spending it on Black Friday with this offer (Ad)
On outskirts of Doha, laborers watch World Cup they built
Biden eases Venezuela sanctions as opposition talks resume
See how to make money instead of spending it on Black Friday with this offer (Ad)
Whole Foods decision to pull lobster divides enviros, pols
NASDAQ:WSTG

Wayside Technology Group - WSTG Stock Forecast, Price & News

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Today's Range
N/A
50-Day Range
$25.80
$31.11
52-Week Range
N/A
Volume
163 shs
Average Volume
12,996 shs
Market Capitalization
$139.12 million
P/E Ratio
12.11
Dividend Yield
2.19%
Price Target
$40.00

Wayside Technology Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
∞ Upside
$40.00 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Wayside Technology Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.26%
From $2.58 to $3.18 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Retail/Wholesale Sector

7th out of 219 stocks

Computers, Peripherals, & Software Industry

2nd out of 5 stocks

WSTG stock logo

About Wayside Technology Group (NASDAQ:WSTG) Stock

Wayside Technology Group, Inc. operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators under the names Climb Channel Solutions and Sigma Software Distribution; and software, hardware, and services under the names TechXtend and Grey Matter. It also resells computer software and hardware developed by others, as well as provides technical services to end user customers. In addition, the company offers a line of products from various software vendors; and tools for virtualization/cloud computing, security, networking, storage and infrastructure management, application lifecycle management, and other technically sophisticated domains, as well as computer hardware. Wayside Technology Group, Inc. markets its products through its own web sites, local and on-line seminars, events, webinars, and social media, as well as direct email and printed materials. It provides IT distribution and solutions for companies in the security, data management, cloud, connectivity, storage and HCI, virtualization, and software and ALM industries. The company was formerly known as Programmer's Paradise, Inc. and changed its name to Wayside Technology Group, Inc. in August 2006. Wayside Technology Group, Inc. was incorporated in 1982 and is headquartered in Eatontown, New Jersey.

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WSTG Stock News Headlines

Climb Global Solutions Reports Third Quarter 2022 Results
WSTG Wayside Technology Group, Inc.
See More Headlines

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WSTG Company Calendar

Last Earnings
2/19/2020
Today
11/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Computers, peripherals, & software
Sub-Industry
N/A
Current Symbol
NASDAQ:WSTG
Employees
268
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$40.00
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$40.00
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$9.20 million
Pretax Margin
5.23%

Debt

Sales & Book Value

Annual Sales
$282.58 million
Book Value
$11.95 per share

Miscellaneous

Free Float
4,096,000
Market Cap
$139.12 million
Optionable
Not Optionable
Beta
0.78

Key Executives

  • Mr. Dale Richard Foster (Age 58)
    CEO, Pres & Director
    Comp: $692.2k
  • Mr. Andrew E. Clark CPAMr. Andrew E. Clark CPA (Age 60)
    VP & CFO
    Comp: $385.18k
  • Mr. Vito Legrottaglie (Age 58)
    VP of Operations & Chief Information Officer
    Comp: $412.81k
  • Mr. Charles Edward Bass (Age 57)
    VP & Chief Marketing Officer
    Comp: $435.1k
  • Mr. Matthew Sullivan (Age 35)
    Chief Accounting Officer
  • Mr. Gerard Brophy
    Managing Director
  • Melanie Caponigro
    Director of Accounting













WSTG Stock - Frequently Asked Questions

Should I buy or sell Wayside Technology Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wayside Technology Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WSTG shares.
View WSTG analyst ratings
or view top-rated stocks.

What is Wayside Technology Group's stock price forecast for 2023?

1 brokerages have issued twelve-month price objectives for Wayside Technology Group's shares. Their WSTG share price forecasts range from $40.00 to $40.00. On average, they expect the company's stock price to reach $40.00 in the next twelve months.
View analysts price targets for WSTG
or view top-rated stocks among Wall Street analysts.

Are investors shorting Wayside Technology Group?

Wayside Technology Group saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 7,100 shares, an increase of 24.6% from the October 15th total of 5,700 shares. Based on an average daily trading volume, of 12,200 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.
View Wayside Technology Group's Short Interest
.

How were Wayside Technology Group's earnings last quarter?

Wayside Technology Group, Inc. (NASDAQ:WSTG) released its earnings results on Wednesday, February, 19th. The company reported $0.45 earnings per share for the quarter. The business earned $60.86 million during the quarter. Wayside Technology Group had a trailing twelve-month return on equity of 21.67% and a net margin of 4.02%.

How often does Wayside Technology Group pay dividends? What is the dividend yield for Wayside Technology Group?

Wayside Technology Group declared a quarterly dividend on Tuesday, August 2nd. Investors of record on Monday, August 15th will be paid a dividend of $0.17 per share on Friday, August 19th. This represents a $0.68 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for WSTG
.

Is Wayside Technology Group a good dividend stock?

Wayside Technology Group (NASDAQ:WSTG) pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.19%. The dividend payout ratio is 26.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WSTG will have a dividend payout ratio of 21.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSTG.

What is Simon F. Nynens' approval rating as Wayside Technology Group's CEO?

24 employees have rated Wayside Technology Group Chief Executive Officer Simon F. Nynens on Glassdoor.com. Simon F. Nynens has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Wayside Technology Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wayside Technology Group investors own include Verizon Communications (VZ), Suncor Energy (SU), Teekay LNG Partners (TGP), Carnival Co. & (CCL), Cinemark (CNK), Marathon Petroleum (MPC), Putnam Premier Income Trust (PPT), Shaw Communications (SJR), Southern (SO) and STORE Capital (STOR).

What is Wayside Technology Group's stock symbol?

Wayside Technology Group trades on the NASDAQ under the ticker symbol "WSTG."

Who are Wayside Technology Group's major shareholders?

Wayside Technology Group's stock is owned by many different institutional and retail investors. Top institutional investors include Cove Street Capital LLC (7.49%), Renaissance Technologies LLC (4.75%), BlackRock Inc. (2.49%), Albert D Mason Inc. (1.01%), Bank of New York Mellon Corp (0.49%) and LSV Asset Management (0.37%). Insiders that own company stock include Andrew E Clark, Carol Dibattiste, Charles Edward Bass, Dale Richard Foster, Diana Kurty, Gerri Gold, Jeffrey Richart Geygan, Jeffrey Richart Geygan Geygan, John R Mccarthy, Michael Faith and Vito Legrottaglie.
View institutional ownership trends
.

How do I buy shares of Wayside Technology Group?

Shares of WSTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

How much money does Wayside Technology Group make?

Wayside Technology Group (NASDAQ:WSTG) has a market capitalization of $0.00 and generates $282.58 million in revenue each year. The company earns $9.20 million in net income (profit) each year or $2.57 on an earnings per share basis.

How many employees does Wayside Technology Group have?

The company employs 268 workers across the globe.

How can I contact Wayside Technology Group?

Wayside Technology Group's mailing address is 4 INDUSTRIAL WAY WEST SUITE 300, EATONTOWN NJ, 07724. The official website for the company is www.waysidetechnology.com. The company can be reached via phone at (732) 389-0932, via email at investors@waysidetechnology.com, or via fax at 732-389-1207.

This page (NASDAQ:WSTG) was last updated on 11/27/2022 by MarketBeat.com Staff