Willdan Group (NASDAQ:WLDN) Shares Up 3.5% - What's Next?

Key Points

• Willdan Group shares rose 3.5% to $82.70, with trading volume significantly below the average. The company has a $1.23 billion market capitalization and trades at a P/E ratio of 18.90.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $127.50. Wedbush maintained an “Outperform” rating with a $130 target, while other firms issued Hold or Buy assessments.
• Willdan exceeded quarterly expectations, reporting $2.07 in EPS versus a $1.30 estimate and $231.03 million in revenue. However, insiders sold roughly 67,101 shares worth $5.87 million over the past 90 days.

Shares of Willdan Group, Inc. (NASDAQ:WLDN - Get Free Report) traded up 3.5% on Wednesday . The stock traded as high as $84.45 and last traded at $82.70. Approximately 138,706 shares traded hands during trading, a decline of 57% from the average daily volume of 323,545 shares. The stock had previously closed at $79.89.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WLDN. Weiss Ratings reiterated a "hold (c+)" rating on shares of Willdan Group in a research note on Tuesday, July 21st. Wedbush restated an "outperform" rating and issued a $130.00 target price on shares of Willdan Group in a research note on Wednesday. Wall Street Zen raised Willdan Group from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Finally, Zacks Research cut Willdan Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $127.50.

Willdan Group Trading Up 0.8%

The firm's 50-day simple moving average is $80.18 and its 200 day simple moving average is $82.19. The stock has a market cap of $1.23 billion, a P/E ratio of 18.90 and a beta of 1.19. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.19.

Willdan Group (NASDAQ:WLDN - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.77. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%.The company 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 anticipate that Willdan Group, Inc. will post 4.1 earnings per share for the current year.

Insider Transactions at Willdan Group

In other news, Director Thomas Brisbin sold 58,757 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $88.14, for a total value of $5,178,841.98. Following the completion of the transaction, the director owned 96,687 shares of the company's stock, valued at approximately $8,521,992.18. This represents a 37.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 67,101 shares of company stock worth $5,871,388. Insiders own 5.60% of the company's stock.

Institutional Investors Weigh In On Willdan Group

Institutional investors have recently bought and sold shares of the stock. Truvestments Capital LLC increased its stake in shares of Willdan Group by 3.0% in the fourth quarter. Truvestments Capital LLC now owns 3,708 shares of the construction company's stock worth $384,000 after acquiring an additional 108 shares during the last quarter. ProShare Advisors LLC increased its position in Willdan Group by 8.1% in the 4th quarter. ProShare Advisors LLC now owns 2,570 shares of the construction company's stock worth $266,000 after purchasing an additional 193 shares during the last quarter. Hsbc Holdings PLC raised its stake in shares of Willdan Group by 1.6% during the 2nd quarter. Hsbc Holdings PLC now owns 13,173 shares of the construction company's stock worth $1,024,000 after purchasing an additional 208 shares in the last quarter. Swiss National Bank raised its stake in shares of 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 in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of Willdan Group by 67.0% during the 1st quarter. International Assets Investment Management LLC now owns 763 shares of the construction company's stock valued at $60,000 after buying an additional 306 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.

Willdan Group Company Profile

Willdan Group, Inc NASDAQ: WLDN is a professional, technical and consulting services company that helps utilities, government agencies and commercial organizations plan, develop and implement infrastructure and energy-related projects. Founded in 1964, the company serves clients primarily throughout the United States.

Willdan's energy services include the design and administration of energy-efficiency and demand-response programs, electrification initiatives, distributed energy-resource projects, renewable-energy programs and grid-modernization efforts.

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