Wayside Technology Group (WSTG) to Release Quarterly Earnings on Wednesday

Wayside Technology Group (NASDAQ:WSTG) will be announcing its Q2 2019 earnings results after the market closes on Wednesday, August 7th.

Wayside Technology Group (NASDAQ:WSTG) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $44.86 million for the quarter. Wayside Technology Group had a return on equity of 13.47% and a net margin of 1.83%.

Shares of NASDAQ:WSTG opened at $11.20 on Tuesday. The firm has a market capitalization of $50.86 million, a P/E ratio of 9.39 and a beta of 0.43. The company has a 50-day simple moving average of $11.31. Wayside Technology Group has a 52-week low of $9.60 and a 52-week high of $13.80. The company has a current ratio of 1.55, a quick ratio of 1.53 and a debt-to-equity ratio of 0.06.

In other Wayside Technology Group news, Director Jeffrey Richart Geygan Geygan purchased 8,070 shares of the stock in a transaction dated Thursday, May 16th. The shares were bought at an average cost of $12.07 per share, with a total value of $97,404.90. Following the completion of the transaction, the director now owns 9,425 shares in the company, valued at approximately $113,759.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 6.10% of the company’s stock.

Separately, TheStreet downgraded Wayside Technology Group from a “b-” rating to a “c” rating in a research report on Wednesday, May 22nd.

Wayside Technology Group Company Profile

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.

Further Reading: Buy-Side Analysts

Earnings History for Wayside Technology Group (NASDAQ:WSTG)

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