Analysts have set a one year consensus target price of $37.67 for the company and are expecting that the company will post $0.34 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Willdan Group an industry rank of 37 out of 265 based on the ratings given to related companies.
Shares of Willdan Group, Inc. (NASDAQ:WLDN) have earned an average broker rating score of 1.00 (Strong Buy) from the three brokers that cover the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy recommendation.
A number of equities research analysts have weighed in on WLDN shares. Canaccord Genuity restated a “buy” rating and issued a $36.00 target price on shares of Willdan Group in a research report on Friday, June 2nd. Zacks Investment Research downgraded Willdan Group from a “hold” rating to a “sell” rating in a research report on Thursday, May 11th. Finally, Wedbush restated an “outperform” rating and issued a $40.00 target price (up from $35.00) on shares of Willdan Group in a research report on Friday, May 12th.
Willdan Group (NASDAQ:WLDN) opened at 33.44 on Tuesday. The stock has a market capitalization of $287.85 million, a P/E ratio of 29.46 and a beta of 1.31. Willdan Group has a 1-year low of $10.21 and a 1-year high of $36.39. The company has a 50-day moving average price of $31.61 and a 200 day moving average price of $30.35.
In other news, insider Marc Tipermas sold 4,714 shares of the stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $31.05, for a total transaction of $146,369.70. Following the completion of the sale, the insider now owns 48,333 shares in the company, valued at approximately $1,500,739.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Daniel Chow sold 1,203 shares of the stock in a transaction on Friday, June 16th. The shares were sold at an average price of $30.43, for a total value of $36,607.29. The disclosure for this sale can be found here. Corporate insiders own 13.30% of the company’s stock.
Several large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC bought a new stake in shares of Willdan Group during the first quarter worth approximately $105,000. Creative Planning bought a new stake in shares of Willdan Group during the first quarter worth approximately $107,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Willdan Group during the first quarter worth approximately $146,000. Globeflex Capital L P increased its stake in shares of Willdan Group by 18,000.0% in the first quarter. Globeflex Capital L P now owns 7,240 shares of the construction company’s stock worth $234,000 after buying an additional 7,200 shares during the period. Finally, BlueCrest Capital Management Ltd bought a new stake in shares of Willdan Group during the first quarter worth approximately $248,000. Institutional investors own 47.88% of the company’s stock.
Willdan Group Company Profile
Willdan Group, Inc is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
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