Recent News
Feb. 17, 2026 — Company expanded its share repurchase authorization and updated 2026 outlook while announcing a board change and broader capital-allocation priorities; Feb. 5, 2026 — strategic franchise partnership announced with Planet Insurance Agency to streamline homeowners insurance shopping; March 30, 2026 — appointment of Martin Thornthwaite as General Counsel and Corporate Secretary.
Technical Analysis
Directional indicators (ADX / DI+ / DI-): ADX at 33.07 signals a strong trend environment; DI+ shows a dip-and-reversal while DI- trends lower, a combination that aligns directional momentum toward the upside and supports nearer-term bullish price bias.
MACD: MACD stands at -2.03 with the MACD line above the signal (-2.80), and the MACD trend increasing; the crossover above the signal line constitutes a bullish momentum signal and indicates accelerating upward pressure despite negative absolute MACD values.
MRO (Momentum/Regression Oscillator): MRO registers -27.66 and is increasing; the negative value implies price sits below modeled target and the increasing trajectory suggests upside potential as the oscillator moves back toward zero.
RSI and momentum context: RSI at 40.23 and rising signals the stock has room to appreciate before entering overbought ranges; the 12-day EMA shows a dip-and-reversal while price sits above the 20-day average but below the 50-day and 200-day averages, placing shorter-term momentum in a recovery phase inside a longer-term downtrend.
Price structure & volatility: Price closed at $45.63, above the 20-day average ($42.81) but below the 50-day ($49.72) and materially below the 200-day average ($72.20). Bollinger bands place the lower 1x band near $41.25 and the upper 1x band near $44.38, while the SuperTrend upper resistance sits around $47.76, creating immediate technical resistance in the $47–50 area and support nearer the low-$40s and the 20-day average.
Fundamental Analysis
Profitability: EBIT totaled $30,316,000 and EBIT margin measured 28.80%, slightly above the industry peer mean of 28.43% and well above the industry peer median of 19.58%, supporting relative operating efficiency versus peers.
Earnings and guidance: Reported EPS for the most recent period equaled $0.64 versus an estimate of $0.57, a positive surprise of $0.07 (a 12.28% surprise ratio). Forward EPS sits near $0.663, and forward P/E clocks at roughly 111.84x.
Growth rates: WMDST data show revenue growth at -3.82% and revenue growth year-over-year at -118.76% (expressed in percentage terms as provided), while earnings growth prints 39.13% with quarterly earnings growth weaker on a sequential basis (QoQ change negative). These mixed growth signals pair improving earnings with top-line pressure in the reported interval.
Capital structure and liquidity: Total debt of $352,288,000 yields a debt-to-assets ratio of 84.92%, substantially above the industry peer mean of 28.93%; book value per share sits negative at -$3.87 and the P/B ratio prints -17.51, reflecting negative equity. Operating cash flow reached $23,152,000 with free cash flow of $16,584,000 and a free cash flow yield near 0.99%, slightly below the industry peer mean of 1.843%.
Valuation summary: WMDST values the stock as under-valued. The market assigns a high trailing P/E (~106x) that stands above the industry peer mean (~81.2x) but below the peer high; enterprise-value-to-revenue and forward multiples reflect rich multiple compression relative to near-term free-cash metrics. Strong EBIT margin and positive EPS surprise support the valuation case, while elevated leverage and negative book value represent material balance-sheet considerations that limit a multiple expansion thesis unless capital structure improves.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-02-17 |
| NEXT REPORT DATE: | 2026-05-19 |
| CASH FLOW | Begin Period Cash Flow | $ 54.5 M |
| Operating Cash Flow | $ 23.2 M | |
| Capital Expenditures | $ -6.57 M | |
| Change In Working Capital | $ -11.11 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ -16.58 M | |
| End Period Cash Flow | $ 37.9 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 105.3 M | |
| Forward Revenue | $ 34.6 M | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | $ 1.9 M | |
| Depreciation and Amortization | $ 1.9 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 80.6 M | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | $ 30.3 M | |
| Operating Income | — | |
| Interest Income | $ 140.0 K | |
| Interest Expense | $ 5.7 M | |
| Net Interest Income | $ -5.69 M | |
| Income Before Tax | $ 24.6 M | |
| Tax Provision | $ 3.8 M | |
| Tax Rate | 15.396 % | |
| Net Income | $ 12.4 M | |
| Net Income From Continuing Operations | $ 20.8 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.57 | |
| EPS Actual | $ 0.64 | |
| EPS Difference | $ 0.07 | |
| EPS Surprise | 12.281 % | |
| Forward EPS | $ 0.66 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 414.9 M | |
| Intangible Assets | $ 39.7 M | |
| Net Tangible Assets | $ -135.20 M | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | $ 34.4 M | |
| Cash | $ 34.4 M | |
| Net Receivables | $ 14.1 M | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | $ 37.2 M | |
| Short-Term Debt | $ 3.0 M | |
| Total Current Liabilities | — | |
| Net Debt | $ 258.1 M | |
| Total Debt | $ 352.3 M | |
| Total Liabilities | $ 577.7 M | |
| EQUITY | ||
| Total Equity | $ -95.50 M | |
| Retained Earnings | $ -133.36 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ -3.87 | |
| Shares Outstanding | 24.653 M | |
| Revenue Per-Share | $ 4.27 | |
| VALUATION | Market Capitalization | $ 1.7 B |
| Enterprise Value | $ 2.0 B | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | 18.912 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | -4.344 | |
| Asset To Liability | 0.718 | |
| Debt To Capital | 1.372 | |
| Debt To Assets | 0.849 | |
| Debt To Assets QoQ | -2.261 % | |
| Debt To Assets YoY | 3255.077 % | |
| Debt To Assets IPRWA | GSHD: 0.849 high: 0.467 median: 0.316 mean: 0.289 low: 0.008 |
|
| Debt To Equity | -3.689 | |
| Debt To Equity QoQ | 10.434 % | |
| Debt To Equity YoY | -1708.832 % | |
| Debt To Equity IPRWA | high: 1.718 median: 1.42 mean: 1.166 low: 0.011 GSHD: -3.689 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | -17.515 | |
| Price To Book QoQ | -7.697 % | |
| Price To Book YoY | -129.505 % | |
| Price To Book IPRWA | high: 10.217 median: 6.005 mean: 5.299 low: 0.765 GSHD: -17.515 |
|
| Price To Earnings (P/E) | 106.018 | |
| Price To Earnings QoQ | -38.876 % | |
| Price To Earnings YoY | -20.7 % | |
| Price To Earnings IPRWA | high: 109.251 GSHD: 106.018 mean: 81.203 median: 71.596 low: 5.386 |
|
| PE/G Ratio | 2.709 | |
| Price To Sales (P/S) | 15.892 | |
| Price To Sales QoQ | -27.852 % | |
| Price To Sales YoY | -42.71 % | |
| Price To Sales IPRWA | high: 18.418 median: 17.322 GSHD: 15.892 mean: 15.544 low: 0.513 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 111.844 | |
| Forward PE/G | 2.858 | |
| Forward P/S | 48.154 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 2.678 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.257 | |
| Asset Turnover Ratio QoQ | 19.483 % | |
| Asset Turnover Ratio YoY | 3.48 % | |
| Asset Turnover Ratio IPRWA | high: 0.67 GSHD: 0.257 mean: 0.085 median: 0.084 low: 0.048 |
|
| Receivables Turnover | 7.226 | |
| Receivables Turnover Ratio QoQ | 17.701 % | |
| Receivables Turnover Ratio YoY | 13.297 % | |
| Receivables Turnover Ratio IPRWA | GSHD: 7.226 high: 4.628 mean: 0.972 median: 0.924 low: 0.684 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 12.628 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | -0.062 | |
| CapEx To Depreciation | -3.384 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 194.0 M | |
| Net Invested Capital | $ 196.9 M | |
| Invested Capital | $ 196.9 M | |
| Net Tangible Assets | $ -135.20 M | |
| 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 | 1.43 % | |
| Interest Coverage Ratio | 5.325 | |
| Interest Coverage Ratio QoQ | 50.998 % | |
| Interest Coverage Ratio YoY | -63.616 % | |
| Interest Coverage Ratio IPRWA | high: 15.348 mean: 7.307 median: 5.494 GSHD: 5.325 low: -8.371 |
|
| 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 | 2.792 % | |
| Revenue Growth | -3.82 % | |
| Revenue Growth QoQ | -0.0 % | |
| Revenue Growth YoY | -118.763 % | |
| Revenue Growth IPRWA | high: 28.322 % mean: 7.703 % median: 7.581 % GSHD: -3.82 % low: -11.763 % |
|
| Earnings Growth | 39.13 % | |
| Earnings Growth QoQ | -739.17 % | |
| Earnings Growth YoY | -32.534 % | |
| Earnings Growth IPRWA | high: 236.0 % median: 129.858 % mean: 108.949 % GSHD: 39.13 % low: -220.833 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | 28.802 % | |
| EBIT Margin QoQ | 23.635 % | |
| EBIT Margin YoY | 2.117 % | |
| EBIT Margin IPRWA | high: 55.814 % GSHD: 28.802 % mean: 28.428 % median: 19.575 % low: 9.404 % |
|
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 16.6 M | |
| Free Cash Flow Yield | 0.991 % | |
| Free Cash Flow Yield QoQ | -1.393 % | |
| Free Cash Flow Yield YoY | 176.816 % | |
| Free Cash Flow Yield IPRWA | high: 3.715 % mean: 1.843 % median: 1.776 % GSHD: 0.991 % low: -1.306 % |
|
| Free Cash Growth | -17.175 % | |
| Free Cash Growth QoQ | -1.452 % | |
| Free Cash Growth YoY | -72.416 % | |
| Free Cash Growth IPRWA | high: 95.833 % mean: 9.19 % median: 2.87 % GSHD: -17.175 % low: -85.961 % |
|
| Free Cash To Net Income | 1.334 | |
| Cash Flow Margin | 23.322 % | |
| Cash Flow To Earnings | 1.975 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 3.038 % | |
| Return On Assets QoQ | 61.424 % | |
| Return On Assets YoY | -22.717 % | |
| Return On Assets IPRWA | high: 5.415 % GSHD: 3.038 % mean: 1.657 % median: 1.398 % low: 0.078 % |
|
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | -0.13 | |
| Return On Equity QoQ | 72.786 % | |
| Return On Equity YoY | -138.455 % | |
| Return On Equity IPRWA | high: 0.243 mean: 0.076 median: 0.054 GSHD: -0.13 low: -0.215 |
|
| DuPont ROE | -12.401 % | |
| Return On Invested Capital (ROIC) | 13.023 % | |
| Return On Invested Capital QoQ | 38.366 % | |
| Return On Invested Capital YoY | -122.521 % | |
| Return On Invested Capital IPRWA | GSHD: 13.023 % high: 10.32 % mean: 3.765 % median: 2.939 % low: 0.806 % |
|