NASDAQ:WSTGWayside Technology Group Stock Price, Forecast & News

$20.84

+0.78 (+3.89 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$20.25

Now: $20.84▼

$21.06

50-Day Range

$12.24

MA: $15.56▼

$20.78

52-Week Range

$9.52

Now: $20.84▼

$23.48

Volume49,429 shs

Average Volume31,726 shs

Market Capitalization$90.65 million

P/E Ratio15.32

Dividend Yield3.26%

Beta0.77

Wayside Technology Group, Inc. operates as an information technology channel company worldwide. It operates in two segments, Lifeboat Distribution and TechXtend. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators; and software, hardware, and services for corporations, government organizations, and academic institutions. It also resells computer software and hardware developed by others, as well as provides technical services to end user customers in the United States and Canada. In addition, the company offers a line of products from various publishers of software; 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 own Websites, local and online seminars, Webinars, and social media, as well as direct email and printed materials. 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 founded in 1982 and is headquartered in Eatontown, New Jersey.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Wayside Technology Group.

2.5 Community Rank

Outperform Votes
Wayside Technology Group has received 117 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Wayside Technology Group has received 121 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Wayside Technology Group has received 50.84% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Wayside Technology Group and other stocks. Vote “Outperform” if you believe WSTG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WSTG will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Wayside Technology Group is a leading dividend payer. It pays a dividend yield of 3.26%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Wayside Technology Group does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wayside Technology Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.10% of the stock of Wayside Technology Group is held by insiders.
Percentage Held by Institutions
41.91% of the stock of Wayside Technology Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Wayside Technology Group is 15.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wayside Technology Group is 15.32, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.13.
Price to Book Value per Share Ratio
Wayside Technology Group has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computers, peripherals, & software

Sub-IndustryN/A

SectorRetail/Wholesale

Current SymbolNASDAQ:WSTG

Previous Symbol

CUSIPN/A

CIK945983

Webwww.waysidetechnology.com

Phone732-389-8950

Debt

Debt-to-Equity Ratio0.05

Current Ratio1.52

Quick Ratio1.49

Price-To-Earnings

Trailing P/E Ratio15.32

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$208.76 million

Price / Sales0.43

Cash Flow$1.61 per share

Price / Cash Flow12.93

Book Value$10.33 per share

Price / Book2.02

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$6.79 million

Net Margins2.72%

Return on Equity16.97%

Return on Assets6.40%

Miscellaneous

Employees153

Outstanding Shares4,350,000

Market Cap$90.65 million

Next Earnings Date8/5/2020 (Estimated)

OptionableNot Optionable

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Wayside Technology Group (NASDAQ:WSTG) Frequently Asked Questions

How has Wayside Technology Group's stock been impacted by COVID-19 (Coronavirus)?

Wayside Technology Group's stock was trading at $14.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WSTG shares have increased by 44.7% and is now trading at $20.84. View which stocks have been most impacted by Coronavirus.

When is Wayside Technology Group's next earnings date?

Wayside Technology Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Wayside Technology Group.

How were Wayside Technology Group's earnings last quarter?

Wayside Technology Group, Inc. (NASDAQ:WSTG) announced its quarterly earnings data on Thursday, May, 7th. The company reported $0.48 EPS for the quarter. The firm had revenue of $62.62 million for the quarter. Wayside Technology Group had a net margin of 2.72% and a return on equity of 16.97%. View Wayside Technology Group's earnings history.

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

Wayside Technology Group announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, May 18th will be paid a dividend of $0.17 per share on Friday, May 22nd. This represents a $0.68 annualized dividend and a yield of 3.26%. The ex-dividend date is Friday, May 15th. View Wayside Technology Group's dividend history.

Has Wayside Technology Group been receiving favorable news coverage?

News headlines about WSTG stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wayside Technology Group earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutWayside Technology Group.

Are investors shorting Wayside Technology Group?

Wayside Technology Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 700 shares, an increase of 40.0% from the April 30th total of 500 shares. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's stock are short sold. View Wayside Technology Group's Current Options Chain.

Who are some of Wayside Technology Group's key competitors?

Some companies that are related to Wayside Technology Group include SYNNEX (SNX), Tech Data (TECD), KINGDEE INTL SO/ADR (KGDEY), ePlus (PLUS), ScanSource (SCSC), Applied Visual Sciences (APVS) and Speed Commerce (SPDC). View all competitors.

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), Carnival (CCL), Cinemark (CNK), Marathon Petroleum (MPC), Ring Energy (REI), Ring Energy (REI), AT&T (T), Teekay Lng Partners (TGP) and Vermilion Energy (VET).

Who are Wayside Technology Group's key executives?

Wayside Technology Group's management team includes the following people:

Mr. David Stephen DeWindt, Pres, CEO & Lead Director (Age 64)
Mr. Michael Vesey, VP & CFO (Age 57)
Mr. Vito Legrottaglie, VP & Chief Information Officer (Age 55)
Mr. Brian Gilbertson, VP & GM of Lifeboat Distribution (Age 58)
Mr. Kevin T. Scull, VP & Chief Accounting Officer (Age 53)

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 BlackRock Inc. (3.32%), Eagle Asset Management Inc. (2.64%), Albert D Mason Inc. (0.77%), Seizert Capital Partners LLC (0.67%), BDO Wealth Advisors LLC (0.24%) and Benjamin F. Edwards & Company Inc. (0.19%). Company insiders that own Wayside Technology Group stock include Charles Edward Bass, Jeffrey Richart Geygan Geygan and Simon F Nynens. View institutional ownership trends for Wayside Technology Group.

Which major investors are selling Wayside Technology Group stock?

WSTG stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., and UBS Group AG. View insider buying and selling activity for Wayside Technology Group.

Which major investors are buying Wayside Technology Group stock?

WSTG stock was acquired by a variety of institutional investors in the last quarter, including Albert D Mason Inc., BDO Wealth Advisors LLC, BlackRock Inc., Seizert Capital Partners LLC, and Benjamin F. Edwards & Company Inc.. View insider buying and selling activity for Wayside Technology Group.

How do I buy shares of Wayside Technology Group?

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

What is Wayside Technology Group's stock price today?

One share of WSTG stock can currently be purchased for approximately $20.84.

How big of a company is Wayside Technology Group?

Wayside Technology Group has a market capitalization of $90.65 million and generates $208.76 million in revenue each year. Wayside Technology Group employs 153 workers across the globe.

What is Wayside Technology Group's official website?

The official website for Wayside Technology Group is www.waysidetechnology.com.

How can I contact Wayside Technology Group?

Wayside Technology Group's mailing address is 4 INDUSTRIAL WAY WEST SUITE 300, EATONTOWN NJ, 07724. The company can be reached via phone at 732-389-8950 or via email at [email protected]

This page was last updated on 5/24/2020 by MarketBeat.com Staff