WM Technology (MAPS) Stock Price, News & Analysis

Company Overview

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase. It also provides monthly subscription-based business software solutions, including WM Listings, WM Orders, WM Store, WM Connectors, and WM Insights as well as other add-on products, such as WM Ads, WM AdSuite, WM Customer Relationship Management, WM Dispatch, and WM Screens. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.

Key Stats

• Today's Range: $1.16 to $1.22
• 50-Day Range: $0.72 to $1.20
• 52-Week Range: $0.70 to $1.47
• Volume: 807,924 shs
• Average Volume: 625,237 shs
• Market Capitalization: $179.87 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.61
• Consensus Rating: Buy

WM Technology Stock Analysis - MarketRank™

WM Technology scored higher than 63% of companies evaluated by MarketBeat, and ranked 155th out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

WM Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

WM Technology has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of WM Technology is -39.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of WM Technology is -39.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

WM Technology has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.35% of the float of WM Technology has been sold short.

Short Interest Ratio / Days to Cover

WM Technology has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WM Technology has recently decreased by 24.70%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

WM Technology does not currently pay a dividend.

Dividend Growth

WM Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.35% of the float of WM Technology has been sold short.

Short Interest Ratio / Days to Cover

WM Technology has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WM Technology has recently decreased by 24.70%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.09

News Sentiment

WM Technology has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 26 news articles for WM Technology this week, compared to 3 articles on an average week.

MarketBeat Follows

3 people have added WM Technology to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, WM Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $28,405.00 in company stock.

Percentage Held by Insiders

23.23% of the stock of WM Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 22.02% of the stock of WM Technology is held by institutions.

MAPS Stock Analysis - Frequently Asked Questions

How have MAPS shares performed this year?

WM Technology's stock was trading at $0.7203 on January 1st, 2024. Since then, MAPS shares have increased by 63.8% and is now trading at $1.18.
View the best growth stocks for 2024 here.

How were WM Technology's earnings last quarter?

WM Technology, Inc. (NASDAQ:MAPS) released its earnings results on Tuesday, November, 12th. The company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. The business had revenue of $46.55 million for the quarter. WM Technology had a negative trailing twelve-month return on equity of 1.68% and a negative net margin of 1.02%.

Who are WM Technology's major shareholders?

Top institutional investors of WM Technology include Penserra Capital Management LLC (0.77%), State Street Corp (0.65%), Connor Clark & Lunn Investment Management Ltd. (0.28%) and Luxor Capital Group LP (0.20%). Insiders that own company stock include Duncan Grazier, Christopher Beals, Brian Camire, Olga Gonzalez, Arden Lee, Juan Jose Feijoo-Osorio, Anthony Bay, Justin Dean and Justin Hartfield.
View institutional ownership trends.

How do I buy shares of WM Technology?

Shares of MAPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of WM Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that WM Technology investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 5/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:MAPS
• CUSIP: N/A
• CIK: 1779474
• Web: www.weedmaps.com
• Phone: 844-933-3627
• Fax: N/A
• Employees: 610
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.61
• High Stock Price Target: $2.61
• Low Stock Price Target: $2.61
• Potential Upside/Downside: +121.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,900,000.00
• Net Margins: -1.02%
• Pretax Margin: -1.45%
• Return on Equity: -1.68%
• Return on Assets: -1.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.14
• Quick Ratio: 2.14

Sales & Book Value

• Annual Sales: $183.31 million
• Price / Sales: 0.98
• Cash Flow: $0.03 per share
• Price / Cash Flow: 42.81
• Book Value: $0.69 per share
• Price / Book: 1.71

Miscellaneous

• Outstanding Shares: 152,435,000
• Free Float: 117,024,000
• Market Cap: $179.87 million
• Optionable: Optionable
• Beta: 0.77