A number of other analysts have also issued reports on WLDN. ValuEngine lowered Willdan Group from a buy rating to a hold rating in a research report on Thursday, August 1st. Wedbush reaffirmed an outperform rating and set a $45.00 target price on shares of Willdan Group in a research report on Thursday, June 6th. Finally, Zacks Investment Research lowered Willdan Group from a buy rating to a hold rating in a research report on Thursday, August 8th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Willdan Group presently has an average rating of Buy and an average price target of $41.67.
Shares of NASDAQ WLDN opened at $38.90 on Monday. Willdan Group has a 1 year low of $28.98 and a 1 year high of $40.70. The firm has a market cap of $443.95 million, a price-to-earnings ratio of 25.26 and a beta of 1.06. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.55 and a current ratio of 1.55. The stock’s 50-day simple moving average is $35.47 and its 200-day simple moving average is $35.87.
Willdan Group (NASDAQ:WLDN) last announced its earnings results on Thursday, August 1st. The construction company reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.09). Willdan Group had a return on equity of 10.83% and a net margin of 1.62%. The business had revenue of $104.40 million for the quarter, compared to analysts’ expectations of $87.13 million. As a group, research analysts predict that Willdan Group will post 1.64 EPS for the current year.
Institutional investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Willdan Group in the second quarter valued at about $27,000. New York State Teachers Retirement System bought a new stake in Willdan Group in the first quarter valued at about $33,000. BNP Paribas Arbitrage SA increased its holdings in Willdan Group by 67,433.3% in the first quarter. BNP Paribas Arbitrage SA now owns 2,026 shares of the construction company’s stock valued at $75,000 after buying an additional 2,023 shares during the last quarter. Citadel Advisors LLC bought a new stake in Willdan Group in the second quarter valued at about $250,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Willdan Group in the second quarter valued at about $263,000. 86.87% of the stock is owned by hedge funds and other institutional investors.
About Willdan Group
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 survey, program design, master planning, benchmarking analysis, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services.
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