Recent News
On April 20, 2026 the Board declared a regular quarterly cash dividend of $0.125 per share, payable June 5, 2026 with record date May 15, 2026. On April 14–21, 2026 the company filed its definitive proxy statement disclosing multiple related-party loan participations and noting the resignation of director Kirk Wycoff effective April 6, 2026; the proxy materials set a virtual Annual Meeting for May 26, 2026.
Technical Analysis
ADX at 22.48 indicates an emerging trend strength; that level implies directional signals should be treated as tentative and prone to reversal, which supports a near-term outlook of range-bound testing rather than a sustained breakout.
DI+ shows a peak-and-reverse (bearish) and DI- shows a peak-and-reverse (bullish); the simultaneous peak-and-reverse readings on both directional indicators signal short-term directional contention and increase the probability of choppy price action against the current valuation.
MACD stands at -0.20 with a decreasing trend and a signal line at -0.07; negative and declining MACD indicates bearish momentum, weighing on upside follow-through despite fundamental support.
MRO at 17.15 (decreasing) registers the price above the WMDST target and therefore implies downward pressure—its decreasing trajectory reduces the immediate excess but still signals potential mean reversion toward the valuation level.
RSI sits at 47.49 and is decreasing, placing momentum slightly below neutral and consistent with the mixed bearish bias implied by MACD and MRO; short-term rallies will need to push RSI back above 50 to restore cleaner bullish momentum.
Price relationships show the close at $18.36 below the 20-day average $18.77, 26-day EMA $18.83 and 50-day average $18.85, while remaining above the 200-day average $18.22; this structure supports a near-term bias toward the shorter-term moving averages acting as overhead resistance while the long-term average provides limited support.
Bollinger bands (1x: $18.14–$19.41) place the close near the lower band, increasing the odds of short squeezes or mean reversion bounces inside the range rather than clean directional breaks. Volume at 271,139 materially exceeds the 10-day average 87,425 and the 200-day average 38,299, suggesting the current price action carries conviction among participants but not yet a sustained trend. SuperTrend upper at $19.63 and the Ichimoku components (Tenkan $18.82, Kijun $18.94, Senkou A $18.46, Senkou B $19.18) place the price below short-term conversion and baseline lines and below the cloud’s lower boundary, reinforcing a near-term resistance band above the market price.
Fundamental Analysis
First-quarter results delivered diluted EPS of $0.51 versus an estimate of $0.47, producing an EPS surprise of +8.51% and reported net income growth year-over-year of 22%. The company also reported return-on-average-assets (ROAA) of 1.34% and return-on-average-equity (ROAE) of 17.07% for the quarter.
Forward EPS stands at $0.5495 with a forward P/E of 34.11; the reported trailing P/E equals $37.37. The trailing P/E sits below the industry peer mean of 50.26 and slightly below the industry peer median of 38.23, placing valuation roughly in line with peers while the forward P/E trades below the industry peer mean of 39.16. The forward PEG of 0.303 and reported PEG of 0.332 indicate earnings expectations remain compact relative to price, consistent with the WMDST fair-valued assessment.
YoY revenue growth registers 40.44% with quarter-over-quarter revenue effectively flat; earnings growth YoY 8.56% shows operating leverage but quarterly earnings growth contracted versus the prior quarter. Cost of debt reads 9.3889% and cash conversion dynamics show industry peer mean cash-conversion-cycle days near 31.55 days (company-specific cycle not listed here). Invested capital carries a reported value of $-94,944,000 and cash-flow-to-earnings registers 0.0; those items require scrutiny in longer-form filings but do not change the current WMDST valuation.
WMDST values the stock as fair-valued given solid YoY revenue growth, an EPS beat, and forward multiples that sit below the industry peer mean; governance disclosures and related-party transaction detail raise monitoring considerations but do not by themselves alter the current valuation.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-04-23 |
| NEXT REPORT DATE: | 2026-07-23 |
| CASH FLOW | Begin Period Cash Flow | — |
| Operating Cash Flow | — | |
| Capital Expenditures | — | |
| Change In Working Capital | — | |
| Dividends Paid | — | |
| Cash Flow Delta | — | |
| End Period Cash Flow | — | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | — | |
| Forward Revenue | — | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | — | |
| Tax Provision | — | |
| Tax Rate | — | |
| Net Income | — | |
| Net Income From Continuing Operations | — | |
| EARNINGS | ||
| EPS Estimate | $ 0.47 | |
| EPS Actual | $ 0.51 | |
| EPS Difference | $ 0.04 | |
| EPS Surprise | 8.511 % | |
| Forward EPS | $ 0.55 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | — | |
| Intangible Assets | — | |
| Net Tangible Assets | — | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | — | |
| Net Receivables | — | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | — | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | — | |
| Total Debt | — | |
| Total Liabilities | — | |
| EQUITY | ||
| Total Equity | — | |
| Retained Earnings | — | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | — | |
| Shares Outstanding | — | |
| Revenue Per-Share | — | |
| VALUATION | Market Capitalization | — |
| Enterprise Value | — | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | — | |
| Asset To Liability | — | |
| Debt To Capital | — | |
| Debt To Assets | — | |
| Debt To Assets QoQ | — | |
| Debt To Assets YoY | — | |
| Debt To Assets IPRWA | — | |
| Debt To Equity | — | |
| Debt To Equity QoQ | — | |
| Debt To Equity YoY | — | |
| Debt To Equity IPRWA | — | |
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | — | |
| Price To Book QoQ | — | |
| Price To Book YoY | — | |
| Price To Book IPRWA | — | |
| Price To Earnings (P/E) | 37.37 | |
| Price To Earnings QoQ | -51.517 % | |
| Price To Earnings YoY | -21.125 % | |
| Price To Earnings IPRWA | high: 85.229 mean: 50.262 median: 38.233 USCB: 37.37 low: 28.296 |
|
| PE/G Ratio | 0.332 | |
| Price To Sales (P/S) | — | |
| Price To Sales QoQ | — | |
| Price To Sales YoY | — | |
| Price To Sales IPRWA | — | |
| FORWARD MULTIPLES | ||
| Forward P/E | 34.108 | |
| Forward PE/G | 0.303 | |
| Forward P/S | — | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | — | |
| Asset Turnover Ratio QoQ | — | |
| Asset Turnover Ratio YoY | — | |
| Asset Turnover Ratio IPRWA | — | |
| Receivables Turnover | — | |
| Receivables Turnover Ratio QoQ | — | |
| Receivables Turnover Ratio YoY | — | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | — | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 42.034 mean: 31.554 low: 29.772 median: 29.772 USCB: 0 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | — | |
| Net Invested Capital | — | |
| Invested Capital | $ -94.94 M | |
| Net Tangible Assets | — | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 9.389 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | — | |
| Revenue Growth | -27.763 % | |
| Revenue Growth QoQ | -0.0 % | |
| Revenue Growth YoY | 4043.731 % | |
| Revenue Growth IPRWA | high: 20.29 % mean: 5.757 % median: -1.48 % low: -11.349 % USCB: -27.763 % |
|
| Earnings Growth | 112.5 % | |
| Earnings Growth QoQ | -341.07 % | |
| Earnings Growth YoY | 856.226 % | |
| Earnings Growth IPRWA | USCB: 112.5 % high: 41.86 % mean: -3.2 % median: -12.195 % low: -43.519 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | — | |
| Free Cash Flow Yield | — | |
| Free Cash Flow Yield QoQ | — | |
| Free Cash Flow Yield YoY | — | |
| Free Cash Flow Yield IPRWA | — | |
| Free Cash Growth | — | |
| Free Cash Growth QoQ | — | |
| Free Cash Growth YoY | — | |
| Free Cash Growth IPRWA | — | |
| Free Cash To Net Income | — | |
| Cash Flow Margin | — | |
| Cash Flow To Earnings | 0.0 | |
| VALUE & RETURNS | ||
| Economic Value Added | — | |
| Return On Assets (ROA) | — | |
| Return On Assets QoQ | — | |
| Return On Assets YoY | — | |
| Return On Assets IPRWA | — | |
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | — | |
| Return On Equity QoQ | — | |
| Return On Equity YoY | — | |
| Return On Equity IPRWA | — | |
| DuPont ROE | — | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |
