Recent News
June 8, 2026 — Board declared a regular quarterly cash dividend of $0.125 per share, payable August 3, 2026 to holders of record July 1, 2026. July 10, 2026 — Company named John Jamieson as Senior Vice President and General Manager. July 19–21, 2026 — Park announced the sudden passing of Vice President and Corporate Controller Daniel McNamara. Late July filings show insider sales by senior executives, including the President & COO and a senior vice president, disclosed in Form 4 filings and company notices.
Technical Analysis
Directional indicators: ADX at 17.35 indicates no established trend; DI+ registers 29.89 with a peak-and-reversal, which reads as a bearish signal, while DI- shows a dip-and-reversal that also signals bearish pressure. Together, these directional moves imply a near-term loss of upward directional momentum against the stock’s current valuation.
MACD: MACD sits at 0.25 below its signal line at 0.56 and the MACD trend shows a peak-and-reversal, indicating bearish momentum. That alignment weakens price support relative to the current over-valued status.
MRO (Momentum/Regression Oscillator): MRO at 21.95 registers positive, indicating price sits above the model target and therefore carries downward potential; the MRO trend shows a peak-and-reversal, reinforcing the likelihood of a corrective move that would compress valuation multiples if realized.
RSI & Momentum: RSI near 51.0 with a peak-and-reversal indicates loss of recent upward push and a neutral-to-bearish short-term bias rather than overbought conditions, which dovetails with MACD and MRO signals.
Price vs. Moving Averages and Cloud: Last close $33.88 falls below the 12‑day EMA ($35.93) and the 20‑day average ($36.81), while remaining above the 200‑day average ($28.53). The price sits beneath the Ichimoku conversion and baseline lines and below the cloud’s Senkou spans, signaling short-term technical resistance despite longer-term support from the 200‑day average.
Bollinger Bands, Volume, Volatility: Price currently trades below the 1x lower Bollinger band but above the 2x lower band, suggesting a shallow overshoot rather than an extreme breakdown. Recent volume of ~243k sits slightly above the 10‑day average and below the 200‑day average, so conviction for a directional move remains muted. Short-term beta (42‑day) at 2.07 signals elevated sensitivity to market swings compared with the 52‑week beta of 1.46.
Fundamental Analysis
Profitability: Operating margin stands at 21.93% with EBIT margin 21.93%; both improved QoQ by 15.49% and expanded YoY by 39.59%. The operating margin sits above the industry peer mean operating margin of 15.06% and above the industry peer median of 12.36%, indicating relative operational strength versus peers.
Sales, Earnings, and Cash: Reported EPS of $0.17 exceeded the estimate of $0.14, producing an EPS surprise of 21.43%. Forward EPS registers $0.1275. Total revenue noted at $18,312,000. Cash and short-term investments total $89,407,000 and the cash ratio equals 12.54, demonstrating exceptional liquidity that materially reduces solvency risk and supports the declared dividend. The company reported core operating cash flow and free cash flow, though free cash flow yield sits low at 0.38%.
Leverage and Returns: Total debt approximates $307,000 producing a debt-to-assets ratio of 0.21% and debt-to-equity near 0.23%, indicating negligible leverage. Return on equity equals 2.70% and return on assets equals 2.47%; ROE falls below the industry peer mean ROE of 6.56% and below the industry peer median of 4.90%, highlighting modest capital efficiency despite strong margins.
Turnover and Growth: Asset turnover at 0.128 lags the industry peer mean of 0.204 and the median of 0.206, reflecting lower sales intensity per dollar of assets. YoY revenue growth shows a large positive move (reported as 167.33% YoY), while the most recent quarter shows a pronounced QoQ contraction (reported QoQ change of -161.43%), indicating volatile near-term top-line dynamics that require monitoring.
Valuation: Trailing P/E stands at 195.29 and forward P/E at 245.55; price-to-sales near 37.85 and enterprise multiple of 134.71 all classify the stock as richly priced relative to earnings and cash generation. Book value per share equals $6.27 and price-to-book sits at 5.29, which lies below the industry peer mean P/B of 7.27 but above the industry peer median of 4.42. Free cash flow yield under 0.4% and elevated multiples drive WMDST’s determination that the current valuation is over‑valued.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-05-31 |
| REPORT DATE: | 2026-07-20 |
| NEXT REPORT DATE: | 2026-10-19 |
| CASH FLOW | Begin Period Cash Flow | $ 78.5 M |
| Operating Cash Flow | $ 2.7 M | |
| Capital Expenditures | $ -113.00 K | |
| Change In Working Capital | $ -1.28 M | |
| Dividends Paid | $ -2.61 M | |
| Cash Flow Delta | $ 2.0 M | |
| End Period Cash Flow | $ 80.5 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 18.3 M | |
| Forward Revenue | $ 3.4 M | |
| COSTS | ||
| Cost Of Revenue | $ 11.9 M | |
| Depreciation | $ 469.0 K | |
| Depreciation and Amortization | $ 469.0 K | |
| Research and Development | — | |
| Total Operating Expenses | $ 14.3 M | |
| PROFITABILITY | ||
| Gross Profit | $ 6.4 M | |
| EBITDA | $ 4.5 M | |
| EBIT | $ 4.0 M | |
| Operating Income | $ 4.0 M | |
| Interest Income | $ 786.0 K | |
| Interest Expense | — | |
| Net Interest Income | $ 786.0 K | |
| Income Before Tax | $ 4.8 M | |
| Tax Provision | $ 1.3 M | |
| Tax Rate | 26.4 % | |
| Net Income | $ 3.5 M | |
| Net Income From Continuing Operations | $ 3.5 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.14 | |
| EPS Actual | $ 0.17 | |
| EPS Difference | $ 0.03 | |
| EPS Surprise | 21.429 % | |
| Forward EPS | $ 0.13 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 144.4 M | |
| Intangible Assets | $ 9.8 M | |
| Net Tangible Assets | $ 121.2 M | |
| Total Current Assets | $ 109.0 M | |
| Cash and Short-Term Investments | $ 89.4 M | |
| Cash | $ 80.5 M | |
| Net Receivables | $ 10.8 M | |
| Inventory | $ 7.8 M | |
| Long-Term Investments | $ 3.8 M | |
| LIABILITIES | ||
| Accounts Payable | $ 3.5 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 7.1 M | |
| Net Debt | — | |
| Total Debt | $ 307.0 K | |
| Total Liabilities | $ 13.4 M | |
| EQUITY | ||
| Total Equity | $ 131.0 M | |
| Retained Earnings | $ -47.31 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 6.27 | |
| Shares Outstanding | 20.878 M | |
| Revenue Per-Share | $ 0.88 | |
| VALUATION | Market Capitalization | $ 693.1 M |
| Enterprise Value | $ 604.0 M | |
| Enterprise Multiple | 134.706 | |
| Enterprise Multiple QoQ | 19.732 % | |
| Enterprise Multiple YoY | 43.213 % | |
| Enterprise Multiple IPRWA | high: 142.715 PKE: 134.706 mean: 75.404 median: 60.489 low: -86.414 |
|
| EV/R | 32.985 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.102 | |
| Asset To Liability | 10.806 | |
| Debt To Capital | 0.002 | |
| Debt To Assets | 0.002 | |
| Debt To Assets QoQ | -4.484 % | |
| Debt To Assets YoY | -26.042 % | |
| Debt To Assets IPRWA | high: 0.675 median: 0.272 mean: 0.268 low: 0.003 PKE: 0.002 |
|
| Debt To Equity | 0.002 | |
| Debt To Equity QoQ | -4.098 % | |
| Debt To Equity YoY | -29.518 % | |
| Debt To Equity IPRWA | high: 1.514 mean: 0.591 median: 0.553 PKE: 0.002 low: -0.692 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 5.291 | |
| Price To Book QoQ | 4.373 % | |
| Price To Book YoY | 65.448 % | |
| Price To Book IPRWA | high: 18.805 mean: 7.274 PKE: 5.291 median: 4.421 low: -7.078 |
|
| Price To Earnings (P/E) | 195.288 | |
| Price To Earnings QoQ | 0.0 % | |
| Price To Earnings YoY | — | |
| Price To Earnings IPRWA | high: 260.858 PKE: 195.288 mean: 114.671 median: 83.549 low: -288.204 |
|
| PE/G Ratio | — | |
| Price To Sales (P/S) | 37.851 | |
| Price To Sales QoQ | 38.968 % | |
| Price To Sales YoY | 73.666 % | |
| Price To Sales IPRWA | high: 42.32 PKE: 37.851 mean: 17.458 median: 9.6 low: 3.514 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 245.549 | |
| Forward PE/G | — | |
| Forward P/S | 200.947 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 0.517 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.128 | |
| Asset Turnover Ratio QoQ | -31.224 % | |
| Asset Turnover Ratio YoY | 0.757 % | |
| Asset Turnover Ratio IPRWA | high: 0.443 median: 0.206 mean: 0.204 PKE: 0.128 low: 0.014 |
|
| Receivables Turnover | 1.679 | |
| Receivables Turnover Ratio QoQ | -19.775 % | |
| Receivables Turnover Ratio YoY | 40.93 % | |
| Receivables Turnover Ratio IPRWA | high: 7.967 mean: 3.972 median: 3.046 PKE: 1.679 low: 1.528 |
|
| Inventory Turnover | 1.569 | |
| Inventory Turnover Ratio QoQ | -31.564 % | |
| Inventory Turnover Ratio YoY | 2.661 % | |
| Inventory Turnover Ratio IPRWA | high: 6.112 mean: 2.218 PKE: 1.569 median: 1.304 low: 0.446 |
|
| Days Sales Outstanding (DSO) | 54.355 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 75.584 | |
| Cash Conversion Cycle Days QoQ | -0.505 % | |
| Cash Conversion Cycle Days YoY | -33.549 % | |
| Cash Conversion Cycle Days IPRWA | high: 254.518 mean: 76.796 PKE: 75.584 median: 65.59 low: -39.217 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.18 | |
| CapEx To Revenue | -0.006 | |
| CapEx To Depreciation | -0.241 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 131.0 M | |
| Net Invested Capital | $ 131.0 M | |
| Invested Capital | $ 131.0 M | |
| Net Tangible Assets | $ 121.2 M | |
| Net Working Capital | $ 101.9 M | |
| LIQUIDITY | ||
| Cash Ratio | 12.538 | |
| Current Ratio | 15.292 | |
| Current Ratio QoQ | -16.172 % | |
| Current Ratio YoY | 77.348 % | |
| Current Ratio IPRWA | PKE: 15.292 high: 9.553 mean: 1.846 median: 1.602 low: 1.168 |
|
| Quick Ratio | 14.198 | |
| Quick Ratio QoQ | -16.472 % | |
| Quick Ratio YoY | 78.483 % | |
| Quick Ratio IPRWA | PKE: 14.198 high: 4.986 mean: 1.272 median: 1.035 low: 0.848 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 0.068 | |
| Cost Of Debt | 76.419 % | |
| Interest Coverage Ratio | 12.392 | |
| Interest Coverage Ratio QoQ | -12.565 % | |
| Interest Coverage Ratio YoY | 65.978 % | |
| Interest Coverage Ratio IPRWA | high: 52.632 PKE: 12.392 mean: 12.049 median: 9.188 low: -53.749 |
|
| Operating Cash Flow Ratio | 0.5 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 19.002 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 1.354 | |
| Dividend Payout Ratio | 0.738 | |
| Dividend Rate | $ 0.12 | |
| Dividend Yield | 0.004 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 1.495 % | |
| Revenue Growth | -24.29 % | |
| Revenue Growth QoQ | -161.427 % | |
| Revenue Growth YoY | 167.334 % | |
| Revenue Growth IPRWA | high: 28.656 % median: 10.07 % mean: 8.291 % low: 1.13 % PKE: -24.29 % |
|
| Earnings Growth | 0.0 % | |
| Earnings Growth QoQ | — | |
| Earnings Growth YoY | — | |
| Earnings Growth IPRWA | high: 108.333 % mean: 16.592 % median: 11.013 % PKE: 0.0 % low: -81.159 % |
|
| MARGINS | ||
| Gross Margin | 34.819 % | |
| Gross Margin QoQ | 21.439 % | |
| Gross Margin YoY | 13.654 % | |
| Gross Margin IPRWA | high: 59.394 % PKE: 34.819 % mean: 28.117 % median: 25.54 % low: 10.881 % |
|
| EBIT Margin | 21.926 % | |
| EBIT Margin QoQ | 15.491 % | |
| EBIT Margin YoY | 39.585 % | |
| EBIT Margin IPRWA | high: 44.765 % PKE: 21.926 % mean: 17.982 % median: 13.185 % low: -32.725 % |
|
| Return On Sales (ROS) | 21.926 % | |
| Return On Sales QoQ | 15.491 % | |
| Return On Sales YoY | 39.585 % | |
| Return On Sales IPRWA | high: 27.915 % PKE: 21.926 % mean: 15.06 % median: 12.356 % low: -18.859 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 2.6 M | |
| Free Cash Flow Yield | 0.376 % | |
| Free Cash Flow Yield QoQ | -61.197 % | |
| Free Cash Flow Yield YoY | 13.939 % | |
| Free Cash Flow Yield IPRWA | high: 2.394 % mean: 1.099 % median: 0.976 % PKE: 0.376 % low: -5.352 % |
|
| Free Cash Growth | -59.151 % | |
| Free Cash Growth QoQ | -219.591 % | |
| Free Cash Growth YoY | -125.931 % | |
| Free Cash Growth IPRWA | high: 915.625 % median: -15.676 % PKE: -59.151 % mean: -187.98 % low: -1102.405 % |
|
| Free Cash To Net Income | 0.738 | |
| Cash Flow Margin | 19.479 % | |
| Cash Flow To Earnings | 1.01 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.466 % | |
| Return On Assets QoQ | -16.378 % | |
| Return On Assets YoY | 43.958 % | |
| Return On Assets IPRWA | high: 4.058 % PKE: 2.466 % mean: 2.273 % median: 2.171 % low: -8.643 % |
|
| Return On Capital Employed (ROCE) | 2.926 % | |
| Return On Equity (ROE) | 0.027 | |
| Return On Equity QoQ | -8.669 % | |
| Return On Equity YoY | 36.075 % | |
| Return On Equity IPRWA | high: 0.209 mean: 0.066 median: 0.049 PKE: 0.027 low: -0.183 |
|
| DuPont ROE | 2.708 % | |
| Return On Invested Capital (ROIC) | 2.255 % | |
| Return On Invested Capital QoQ | -16.077 % | |
| Return On Invested Capital YoY | 30.498 % | |
| Return On Invested Capital IPRWA | high: 7.03 % mean: 4.02 % median: 3.852 % PKE: 2.255 % low: -11.689 % |
|