Willdan Group (NASDAQ:WLDN) Raised to “Strong-Buy” at Zacks Research

Willdan Group (NASDAQ:WLDN) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday, Zacks reports.

Other equities analysts have also recently issued research reports about the company. Wedbush reissued an “outperform” rating and set a $130.00 price target on shares of Willdan Group in a report on Wednesday, September 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Willdan Group in a research note on Tuesday, July 21st. Finally, Wall Street Zen upgraded Willdan Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $127.50.

Willdan Group Stock Performance

Shares of Willdan Group stock opened at $74.71 on Wednesday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.19. The company has a market cap of $1.14 billion, a PE ratio of 17.54 and a beta of 1.20. The company has a 50 day moving average of $81.05 and a 200-day moving average of $81.85. Willdan Group has a 1-year low of $64.67 and a 1-year high of $137.00.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings data on Thursday, August 6th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.77. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. The business had revenue of $231.03 million for the quarter, compared to analysts’ expectations of $102.27 million. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, equities research analysts forecast that Willdan Group will post 4.1 earnings per share for the current fiscal year.

Insider Activity at Willdan Group

In related news, Director Thomas Brisbin sold 58,757 shares of the firm’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $88.14, for a total transaction of $5,178,841.98. Following the sale, the director owned 96,687 shares of the company’s stock, valued at $8,521,992.18. This trade represents a 37.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last three months, insiders sold 67,101 shares of company stock valued at $5,871,388. 5.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Willdan Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Truvestments Capital LLC boosted its holdings in Willdan Group by 3.0% in the fourth quarter. Truvestments Capital LLC now owns 3,708 shares of the construction company’s stock valued at $384,000 after acquiring an additional 108 shares during the last quarter. Hsbc Holdings PLC increased its position in Willdan Group by 1.6% during the 2nd quarter. Hsbc Holdings PLC now owns 13,173 shares of the construction company’s stock valued at $1,024,000 after purchasing an additional 208 shares during the period. Swiss National Bank raised its holdings in Willdan Group by 1.0% during the 1st quarter. Swiss National Bank now owns 29,200 shares of the construction company’s stock worth $2,236,000 after purchasing an additional 300 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of Willdan Group by 67.0% in the 1st quarter. International Assets Investment Management LLC now owns 763 shares of the construction company’s stock worth $60,000 after purchasing an additional 306 shares during the period. Finally, Diversified Trust Co lifted its position in shares of Willdan Group by 8.0% in the 1st quarter. Diversified Trust Co now owns 4,652 shares of the construction company’s stock worth $356,000 after purchasing an additional 344 shares during the period. Institutional investors own 72.29% of the company’s stock.

Willdan Group Company Profile

Willdan Group, Inc is a professional services company that provides technical, engineering, and consulting solutions to utilities, government agencies, and commercial and industrial clients. Its work focuses on energy efficiency, clean energy, infrastructure, and the modernization of public and private facilities.

Through its energy-related services, Willdan designs and manages programs involving energy efficiency, demand response, electrification, distributed energy resources, renewable energy, and grid planning.