Willdan Group (NASDAQ:WLDN) Releases Earnings Results, Beats Expectations By $0.40 EPS

Willdan Group (NASDAQ:WLDN) issued its quarterly earnings results on Thursday. The construction company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.40, FiscalAI reports. Willdan Group had a return on equity of 18.60% and a net margin of 5.60%.The business had revenue of $94.97 million for the quarter, compared to analyst estimates of $164.00 million. Willdan Group updated its FY 2025 guidance to EPS.

Willdan Group Stock Performance

Shares of Willdan Group stock traded down $8.84 on Thursday, reaching $85.27. 452,128 shares of the stock were exchanged, compared to its average volume of 249,114. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.22. Willdan Group has a twelve month low of $30.43 and a twelve month high of $121.00. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 35.68 and a beta of 1.26. The business has a 50 day moving average price of $97.99 and a two-hundred day moving average price of $78.71.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on WLDN shares. Weiss Ratings restated a “buy (b)” rating on shares of Willdan Group in a research note on Thursday, October 30th. Zacks Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Wedbush restated an “outperform” rating and set a $120.00 price target on shares of Willdan Group in a research note on Monday, October 6th. Finally, Roth Capital restated a “buy” rating and set a $103.00 price target (up previously from $62.00) on shares of Willdan Group in a research note on Tuesday, August 5th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.50.

Insider Buying and Selling

In other Willdan Group news, Director Cynthia Downes sold 2,763 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $109.43, for a total value of $302,355.09. Following the completion of the transaction, the director directly owned 8,909 shares of the company’s stock, valued at approximately $974,911.87. The trade was a 23.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Thomas Donald Brisbin sold 130,082 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $109.69, for a total value of $14,268,694.58. Following the completion of the transaction, the director directly owned 320,696 shares of the company’s stock, valued at $35,177,144.24. The trade was a 28.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 416,439 shares of company stock valued at $44,925,389 in the last three months. 8.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in Willdan Group in the second quarter valued at approximately $80,000. Tower Research Capital LLC TRC increased its position in shares of Willdan Group by 238.4% in the second quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the construction company’s stock valued at $110,000 after buying an additional 1,242 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of Willdan Group in the second quarter valued at approximately $314,000. Engineers Gate Manager LP increased its position in shares of Willdan Group by 3.3% in the second quarter. Engineers Gate Manager LP now owns 6,925 shares of the construction company’s stock valued at $433,000 after buying an additional 222 shares in the last quarter. Finally, Corient Private Wealth LLC purchased a new stake in shares of Willdan Group in the second quarter valued at approximately $452,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Willdan Group Company Profile

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.