Recent News
On November 20, 2025 the company announced an investor call and scheduled its third-quarter fiscal 2025 results release for December 4, 2025. In late December 2025 market commentary noted the stock’s Relative Strength rating rose to 75, highlighting improved price performance and technical pattern activity. Reporting in December 2025 flagged that newly enacted tariffs have begun to affect costs and may persist into 2026, per company commentary and media coverage. The board declared a quarterly cash dividend of $0.22 per share with a payment date of January 8, 2026 and continued share repurchase authorization remained in place.
Technical Analysis
ADX reads 37.41, indicating a strong directional trend; with DI+ at 32.08 and trending higher while DI- sits at 10.73 and trends lower, the directional indicators signal a clear bullish orientation that supports a near-term upward bias in price.
MACD stands at 3.22, above the signal line at 2.30, and the MACD trend shows increasing momentum; the MACD crossing above its signal line confirms bullish momentum that aligns with the directional indicators.
MRO registers 40.64 and trends higher; the positive MRO implies the current price sits above WMDST’s target and therefore carries an elevated probability of corrective pressure or consolidation following recent gains.
RSI reads 56.76 and trends upward, showing bullish momentum without overbought conditions; the RSI level allows room for additional upside before typical overbought thresholds arrive.
Price trades above the 12-day EMA ($63.14), the 20-day average ($62.19), the 50-day average ($54.27) and the 200-day average ($52.08), reinforcing a constructive moving-average structure that supports continued price strength; the 12-day EMA trend remains positive.
Bollinger placement shows the close ($68.73) above the 1x upper band ($66.07) but below the 2x upper band ($69.95), indicating an extended short-term position without an extreme breakout; volume on the most recent session (281,644) fell below 10- and 50-day averages, suggesting recent upside proceeded on lighter-than-average participation.
Ichimoku lines place the Tenkan-Sen at $61.62 and the Kijun-Sen at $57.23 with price above both values; the cloud levels (Senkou A $51.08, Senkou B $60.82) keep price marginally above the cloud boundary, providing a bullish bias while signaling a nearby cloud resistance band.
SuperTrend lower support sits at $60.35 and aligns with the 20-day average and the lower Bollinger vicinity, offering a technical support reference should short-term consolidation occur.
Fundamental Analysis
Revenue totaled $122.68M with YoY revenue growth of -1.26% and QoQ revenue decline of -60.94%, reflecting timing and seasonal effects across fiscal periods. Gross margin held at 53.65%, near the upper end of peer variability, while operating margin measured 8.57% and trailed the industry peer mean of 11.03% but remained well above the industry peer low.
EBIT reported $10.51M and EBITDA $14.21M, with an EBIT margin of 8.57% and an EBIT margin YoY decline of -21.15%; quarter-to-quarter margin contracted by -29.58% versus the prior period, indicating near-term margin compression tied to cost pressures and timing differences.
EPS registered $0.62, beating the estimate of $0.59 by $0.03 (an EPS surprise of 5.09%), while forward EPS stands at $1.01 and forward P/E equals 61.21. The trailing P/E sits at 88.36, slightly below the industry peer mean P/E of 90.64, while the price-to-book ratio at 4.73 sits above the industry peer mean of 2.79.
Free cash flow reached $1.70M with a free cash flow yield of 0.24% and a cash conversion ratio of 2.25; operating cash flow totaled $8.24M. The company holds $27.74M in cash and short-term investments against $118.21M of total debt, producing a cash ratio of 0.33 and a current ratio of 1.65, which exceeds the industry peer mean current ratio of 1.26 and indicates adequate near-term liquidity.
Return metrics show return on equity at 5.39% and return on assets at 2.52%, both down QoQ and YoY; asset turnover stands at 0.38, modestly above the industry peer mean of 0.31, signaling reasonable efficiency in revenue generation from assets despite recent top-line softness.
Leverage metrics show debt to EBITDA near 8.32 and debt to assets at 36.21%; interest coverage reads 96.40x, reflecting low interest expense relative to operating earnings. The PEG and forward PEG register negative values, indicating growth-rate dynamics that complicate simple PEG interpretation.
WMDST values the stock as over-valued. Price target mean across analysts sits at $77.93 versus a current close of $68.73, a difference that reflects elevated multiples relative to near-term cash flow yields and the company’s capital structure.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-10-31 |
| REPORT DATE: | 2025-12-04 |
| NEXT REPORT DATE: | 2026-03-05 |
| CASH FLOW | Begin Period Cash Flow | $ 39.1 M |
| Operating Cash Flow | $ 8.2 M | |
| Capital Expenditures | $ -6.54 M | |
| Change In Working Capital | $ -4.72 M | |
| Dividends Paid | $ -2.87 M | |
| Cash Flow Delta | $ -11.37 M | |
| End Period Cash Flow | $ 27.7 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 122.7 M | |
| Forward Revenue | $ 49.3 M | |
| COSTS | ||
| Cost Of Revenue | $ 56.9 M | |
| Depreciation | $ 3.7 M | |
| Depreciation and Amortization | $ 3.7 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 112.2 M | |
| PROFITABILITY | ||
| Gross Profit | $ 65.8 M | |
| EBITDA | $ 14.2 M | |
| EBIT | $ 10.5 M | |
| Operating Income | $ 10.5 M | |
| Interest Income | $ 221.0 K | |
| Interest Expense | — | |
| Net Interest Income | $ 221.0 K | |
| Income Before Tax | $ 10.7 M | |
| Tax Provision | $ 2.6 M | |
| Tax Rate | 24.3 % | |
| Net Income | $ 8.1 M | |
| Net Income From Continuing Operations | $ 8.1 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.59 | |
| EPS Actual | $ 0.62 | |
| EPS Difference | $ 0.03 | |
| EPS Surprise | 5.085 % | |
| Forward EPS | $ 1.01 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 326.5 M | |
| Intangible Assets | — | |
| Net Tangible Assets | $ 150.6 M | |
| Total Current Assets | $ 138.1 M | |
| Cash and Short-Term Investments | $ 27.7 M | |
| Cash | $ 27.7 M | |
| Net Receivables | $ 15.6 M | |
| Inventory | $ 83.3 M | |
| Long-Term Investments | $ 4.8 M | |
| LIABILITIES | ||
| Accounts Payable | $ 17.4 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 83.5 M | |
| Net Debt | — | |
| Total Debt | $ 118.2 M | |
| Total Liabilities | $ 175.9 M | |
| EQUITY | ||
| Total Equity | $ 150.6 M | |
| Retained Earnings | $ 100.7 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 11.59 | |
| Shares Outstanding | 12.993 M | |
| Revenue Per-Share | $ 9.44 | |
| VALUATION | Market Capitalization | $ 711.7 M |
| Enterprise Value | $ 802.2 M | |
| Enterprise Multiple | 56.467 | |
| Enterprise Multiple QoQ | 43.301 % | |
| Enterprise Multiple YoY | 75.199 % | |
| Enterprise Multiple IPRWA | high: 135.997 mean: 69.524 median: 66.557 BBW: 56.467 low: 19.461 |
|
| EV/R | 6.539 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.168 | |
| Asset To Liability | 1.856 | |
| Debt To Capital | 0.44 | |
| Debt To Assets | 0.362 | |
| Debt To Assets QoQ | 7.325 % | |
| Debt To Assets YoY | 258.983 % | |
| Debt To Assets IPRWA | high: 1.07 mean: 0.46 median: 0.442 BBW: 0.362 low: 0.13 |
|
| Debt To Equity | 0.785 | |
| Debt To Equity QoQ | 13.601 % | |
| Debt To Equity YoY | 249.993 % | |
| Debt To Equity IPRWA | high: 4.258 mean: 1.141 median: 0.978 BBW: 0.785 low: -2.088 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 4.726 | |
| Price To Book QoQ | 9.313 % | |
| Price To Book YoY | 13.12 % | |
| Price To Book IPRWA | high: 6.044 BBW: 4.726 mean: 2.791 median: 2.3 low: -3.282 |
|
| Price To Earnings (P/E) | 88.356 | |
| Price To Earnings QoQ | 62.699 % | |
| Price To Earnings YoY | 253.568 % | |
| Price To Earnings IPRWA | high: 152.3 median: 97.272 mean: 90.644 BBW: 88.356 low: -121.919 |
|
| PE/G Ratio | -2.595 | |
| Price To Sales (P/S) | 5.802 | |
| Price To Sales QoQ | 7.307 % | |
| Price To Sales YoY | 29.005 % | |
| Price To Sales IPRWA | high: 12.438 mean: 5.979 BBW: 5.802 median: 4.665 low: 0.253 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 61.208 | |
| Forward PE/G | -1.798 | |
| Forward P/S | 14.426 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 24.141 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.381 | |
| Asset Turnover Ratio QoQ | -4.047 % | |
| Asset Turnover Ratio YoY | -9.931 % | |
| Asset Turnover Ratio IPRWA | high: 0.604 BBW: 0.381 mean: 0.314 median: 0.296 low: 0.079 |
|
| Receivables Turnover | 8.434 | |
| Receivables Turnover Ratio QoQ | -7.256 % | |
| Receivables Turnover Ratio YoY | -9.835 % | |
| Receivables Turnover Ratio IPRWA | high: 85.724 mean: 13.215 median: 10.627 BBW: 8.434 low: 0.298 |
|
| Inventory Turnover | 0.689 | |
| Inventory Turnover Ratio QoQ | 0.644 % | |
| Inventory Turnover Ratio YoY | -13.382 % | |
| Inventory Turnover Ratio IPRWA | high: 1.747 BBW: 0.689 mean: 0.687 median: 0.661 low: 0.308 |
|
| Days Sales Outstanding (DSO) | 10.819 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 124.096 | |
| Cash Conversion Cycle Days QoQ | 12.726 % | |
| Cash Conversion Cycle Days YoY | 23.572 % | |
| Cash Conversion Cycle Days IPRWA | high: 184.758 BBW: 124.096 mean: 42.255 median: 37.31 low: -19.038 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 2.246 | |
| CapEx To Revenue | -0.053 | |
| CapEx To Depreciation | -1.769 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 150.6 M | |
| Net Invested Capital | $ 150.6 M | |
| Invested Capital | $ 150.6 M | |
| Net Tangible Assets | $ 150.6 M | |
| Net Working Capital | $ 54.6 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.332 | |
| Current Ratio | 1.654 | |
| Current Ratio QoQ | -7.147 % | |
| Current Ratio YoY | 14.201 % | |
| Current Ratio IPRWA | high: 2.205 BBW: 1.654 median: 1.328 mean: 1.255 low: 0.811 |
|
| Quick Ratio | 0.657 | |
| Quick Ratio QoQ | -14.998 % | |
| Quick Ratio YoY | 4.375 % | |
| Quick Ratio IPRWA | high: 1.527 BBW: 0.657 mean: 0.37 median: 0.255 low: 0.059 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 8.321 | |
| Cost Of Debt | 0.085 % | |
| Interest Coverage Ratio | 96.404 | |
| Interest Coverage Ratio QoQ | -30.466 % | |
| Interest Coverage Ratio YoY | -18.995 % | |
| Interest Coverage Ratio IPRWA | BBW: 96.404 high: 75.047 mean: 16.779 median: 7.379 low: -7.178 |
|
| Operating Cash Flow Ratio | 0.108 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 29.503 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 2.83 | |
| Dividend Payout Ratio | 0.353 | |
| Dividend Rate | $ 0.22 | |
| Dividend Yield | 0.004 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 2.596 % | |
| Revenue Growth | -1.262 % | |
| Revenue Growth QoQ | -60.941 % | |
| Revenue Growth YoY | -118.485 % | |
| Revenue Growth IPRWA | high: 14.292 % median: 2.479 % BBW: -1.262 % mean: -6.85 % low: -25.856 % |
|
| Earnings Growth | -34.043 % | |
| Earnings Growth QoQ | 73.176 % | |
| Earnings Growth YoY | -122.934 % | |
| Earnings Growth IPRWA | high: 292.754 % mean: -21.58 % median: -32.812 % BBW: -34.043 % low: -400.0 % |
|
| MARGINS | ||
| Gross Margin | 53.654 % | |
| Gross Margin QoQ | -6.779 % | |
| Gross Margin YoY | -0.868 % | |
| Gross Margin IPRWA | high: 70.897 % BBW: 53.654 % median: 42.364 % mean: 41.178 % low: 10.184 % |
|
| EBIT Margin | 8.565 % | |
| EBIT Margin QoQ | -29.582 % | |
| EBIT Margin YoY | -21.147 % | |
| EBIT Margin IPRWA | high: 18.986 % mean: 11.031 % median: 10.828 % BBW: 8.565 % low: -7.692 % |
|
| Return On Sales (ROS) | 8.565 % | |
| Return On Sales QoQ | -29.582 % | |
| Return On Sales YoY | -21.147 % | |
| Return On Sales IPRWA | high: 18.986 % mean: 11.205 % median: 11.014 % BBW: 8.565 % low: -7.69 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 1.7 M | |
| Free Cash Flow Yield | 0.239 % | |
| Free Cash Flow Yield QoQ | 102.542 % | |
| Free Cash Flow Yield YoY | -88.63 % | |
| Free Cash Flow Yield IPRWA | high: 18.198 % median: 0.972 % mean: 0.677 % BBW: 0.239 % low: -10.237 % |
|
| Free Cash Growth | 114.376 % | |
| Free Cash Growth QoQ | -218.139 % | |
| Free Cash Growth YoY | -111.169 % | |
| Free Cash Growth IPRWA | high: 382.415 % BBW: 114.376 % median: -5.56 % mean: -105.365 % low: -517.24 % |
|
| Free Cash To Net Income | 0.209 | |
| Cash Flow Margin | 7.375 % | |
| Cash Flow To Earnings | 1.114 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.519 % | |
| Return On Assets QoQ | -36.196 % | |
| Return On Assets YoY | -27.864 % | |
| Return On Assets IPRWA | high: 4.623 % median: 2.721 % BBW: 2.519 % mean: 2.272 % low: -2.24 % |
|
| Return On Capital Employed (ROCE) | 4.325 % | |
| Return On Equity (ROE) | 0.054 | |
| Return On Equity QoQ | -32.244 % | |
| Return On Equity YoY | -29.764 % | |
| Return On Equity IPRWA | high: 0.117 BBW: 0.054 median: 0.014 mean: -0.016 low: -0.164 |
|
| DuPont ROE | 5.309 % | |
| Return On Invested Capital (ROIC) | 5.281 % | |
| Return On Invested Capital QoQ | -32.735 % | |
| Return On Invested Capital YoY | -100.066 % | |
| Return On Invested Capital IPRWA | high: 11.383 % median: 7.379 % mean: 7.03 % BBW: 5.281 % low: -3.079 % |
|