Sum of the parts (SOTP) analysis suggests stock trading at 50%-60% discount to fair value, target is $2.50,
$90MM revenue run rate x 2-3 multiple = $180- 270MM / 90MM diluted shares = $2-$3 stock,
Average = $2.50, could argue more upside due to sector premiums and potential for a takeout, but certainly WYY is a 2x bagger here,
WYY has found a bottom with a hammer formation,
Will write up fundamental analysis a later note, working in channel checks here, looks to be a compelling underfollowed cyber name with substantial upside move about to occur,
INITIATING AT STRONG BUY, $2.50 TARGET
Disclosure: I am/we are long WYY.
Additional disclosure: Former Wall Street sell-side analyst, II and WSJ ranked in TMT.