Willdan Group (NASDAQ:WLDN) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Willdan Group from “hold” to “buy,” although the broader analyst consensus remains “Hold,” with one Buy and two Hold ratings and an average price target of $117.50.
• Willdan shares opened at $86.40, with a market capitalization of about $1.32 billion and a 52-week trading range of $64.67 to $137.00.
• The company exceeded quarterly expectations, reporting $2.07 in EPS versus the $1.30 consensus estimate and $231.03 million in revenue versus $102.27 million expected; institutional investors own 72.29% of outstanding shares.

Willdan Group (NASDAQ:WLDN - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

A number of other analysts have also commented on WLDN. 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 reaffirmed a "hold (c+)" rating on shares of Willdan Group in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $117.50.

Willdan Group Stock Up 2.0%

WLDN stock opened at $86.40 on Friday. The stock's 50 day simple moving average is $80.11 and its 200 day simple moving average is $88.23. The company has a market cap of $1.32 billion, a P/E ratio of 20.28 and a beta of 1.14. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.68 and a current ratio of 1.37. Willdan Group has a fifty-two week low of $64.67 and a fifty-two week high of $137.00.

Willdan Group (NASDAQ:WLDN - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The construction company reported $2.07 EPS 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 firm had revenue of $231.03 million during the quarter, compared to analysts' expectations of $102.27 million. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. On average, research analysts expect that Willdan Group will post 4.12 earnings per share for the current fiscal year.

Institutional Trading of Willdan Group

Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Willdan Group in the 2nd quarter worth about $113,795,000. Vanguard Group Inc. boosted its stake in shares of Willdan Group by 11.7% in the 4th quarter. Vanguard Group Inc. now owns 1,201,517 shares of the construction company's stock worth $124,549,000 after buying an additional 126,247 shares during the last quarter. Neumeier Poma Investment Counsel LLC purchased a new position in shares of Willdan Group in the 2nd quarter worth approximately $41,939,611,000. Wasatch Advisors LP grew its holdings in shares of Willdan Group by 45.9% in the first quarter. Wasatch Advisors LP now owns 381,581 shares of the construction company's stock valued at $29,214,000 after acquiring an additional 120,110 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Willdan Group by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 343,000 shares of the construction company's stock valued at $35,561,000 after acquiring an additional 2,185 shares during the last quarter. Institutional investors 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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