StockIceMan's Weekly Stock Pick
Week of
March 6, 2006
| Stock: |
Edgewater Technology, Inc. |
|
|
| Ticker Symbol: |
EDGW - Nasdaq - Information
Technology Services |
|
|
| Buy: |
5.75 to 6.10 |
|
|
| Sell: |
9.00 |
|
|
|
Info: |
Edgewater Technology, Inc.
operates as an information technology management
consulting company in the United States. Its
services include business intelligence/business
activity monitoring/corporate performance
management, customer service, data services,
enterprise architecture services,
program/project management, and supply chain
management. The company offers its services to
various industries, including consumer packaged
goods/manufacturing, financial services,
healthcare, higher education, insurance, life
sciences, retail, and travel/entertainment.
Edgewater Technology, Inc. has a strategic
partnership with Everypath, Inc. to deliver
mobility solutions across specific vertical
industries with a focus on the life sciences
area. The company also has a strategic
partnership with SeaTab Software to offer
business integration solutions that enable the
integration of enterprise-wide data for
analysis. Edgewater Technology was founded in
1992 and is headquartered in Wakefield,
Massachusetts. |
|
|
| Financial Info: |
For the nine months ended
9/30/05, revenues increased 78% to $31 million.
Net income totaled $994,000 versus a loss of
$995,000. |
|
|
| Key Ratios: |
Current
Ratio: 7.06, Total Debt/Equity: 0.00, Trailing
P/E: 42.33x, Forward P/E: 19.31x, Price/Book:
0.83, Price/Sales: 1.49 |
|
|
| Share Info: |
There are 10.46
million shares outstanding with 10.02
million shares in the trading
float. Institutions own
approximately 58.20% of the shares outstanding.
There have been 2 insider purchases totaling
2,000 shares and 31 sales totaling 161,700
shares
in the last six months.
Real-Time SEC
Filings
As of 2/10/2006, there were 20,910 shares short.
Net Institutional Buying: 72,961
shares prior to latest
quarter. |
|
|
| Articles: |
UPDATE - Edgewater
Technology Q4 net income falls |
|
