Willdan Group (NASDAQ:WLDN) Receives "Outperform" Rating from Wedbush

Key Points

• Wedbush reaffirmed its “Outperform” rating on Willdan Group and set a $130 price target, implying approximately 55.7% upside from the current price.
• Analyst sentiment is mixed: Willdan has a consensus “Hold” rating and an average price target of $127.50, with one Buy rating and two Holds.
• Willdan reported quarterly EPS of $2.07, beating the $1.30 consensus estimate, while revenue reached $231.03 million versus expectations of $102.27 million.

Willdan Group (NASDAQ:WLDN - Get Free Report)'s stock had its "outperform" rating reaffirmed by research analysts at Wedbush in a research report issued on Tuesday,Benzinga reports. They currently have a $130.00 price objective on the construction company's stock. Wedbush's price objective would indicate a potential upside of 55.74% from the company's current price.

Other analysts have also issued reports about the stock. Zacks Research lowered shares of Willdan Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 28th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Willdan Group in a research note on Tuesday, July 21st. Finally, Wall Street Zen upgraded shares of Willdan Group from a "hold" rating to a "buy" rating in a report on Saturday. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $127.50.

Willdan Group Stock Down 3.4%

Willdan Group stock opened at $83.47 on Tuesday. The firm has a market capitalization of $1.27 billion, a P/E ratio of 19.59 and a beta of 1.14. 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 has a twelve month low of $64.67 and a twelve month high of $137.00. The stock's fifty day simple moving average is $79.81 and its 200-day simple moving average is $87.58.

Willdan Group (NASDAQ:WLDN - Get Free Report) last released its earnings results on Thursday, August 6th. The construction company reported $2.07 EPS for the quarter, topping the consensus estimate of $1.30 by $0.77. The firm had revenue of $231.03 million during the quarter, compared to analysts' expectations of $102.27 million. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%.Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, equities analysts expect that Willdan Group will post 4.12 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Willdan Group

Several hedge funds and other institutional investors have recently made changes to their positions in WLDN. Leonteq Securities AG acquired a new position in Willdan Group in the first quarter valued at approximately $29,000. Transamerica Financial Advisors LLC raised its holdings in Willdan Group by 203.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company's stock worth $38,000 after purchasing an additional 244 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Willdan Group during the fourth quarter worth approximately $47,000. NewEdge Advisors LLC purchased a new stake in shares of Willdan Group during the 3rd quarter worth approximately $48,000. Finally, State of Wyoming lifted its position in shares of Willdan Group by 104.0% during the 1st quarter. State of Wyoming now owns 720 shares of the construction company's stock worth $55,000 after buying an additional 367 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.

About Willdan Group

Willdan Group, Inc provides energy efficiency, infrastructure engineering, and technical consulting services to a diverse range of public and private sector clients. The company works with utilities, municipalities, state and federal agencies, and commercial enterprises to design, implement, and manage programs that promote sustainable energy use, grid modernization, and resilient infrastructure. Willdan's offerings span program design and implementation, energy audits, measurement and verification, and project management for both new construction and retrofit initiatives.

Core services include energy advisory and engineering solutions, including feasibility studies, facility commissioning and retro-commissioning, $0 down financing for energy projects, and demand response program development.

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