Analysts predict that Willdan Group, Inc. (NASDAQ:WLDN – Get Rating) will report sales of $102.99 million for the current quarter, according to Zacks. Two analysts have made estimates for Willdan Group’s earnings, with the highest sales estimate coming in at $105.00 million and the lowest estimate coming in at $100.98 million. Willdan Group reported sales of $84.15 million in the same quarter last year, which indicates a positive year-over-year growth rate of 22.4%. The company is scheduled to issue its next earnings report on Monday, January 1st.
On average, analysts expect that Willdan Group will report full year sales of $452.97 million for the current fiscal year, with estimates ranging from $424.03 million to $481.90 million. For the next financial year, analysts anticipate that the company will post sales of $544.42 million, with estimates ranging from $508.84 million to $580.00 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover Willdan Group.
Willdan Group (NASDAQ:WLDN – Get Rating) last released its earnings results on Thursday, May 5th. The construction company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.26. Willdan Group had a positive return on equity of 2.08% and a negative net margin of 2.30%. During the same period last year, the firm posted ($0.08) earnings per share.
In other news, President Michael A. Bieber sold 25,402 shares of the business’s stock in a transaction that occurred on Tuesday, March 15th. The shares were sold at an average price of $28.04, for a total transaction of $712,272.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Creighton K. Early sold 8,224 shares of the firm’s stock in a transaction that occurred on Tuesday, March 15th. The stock was sold at an average price of $28.04, for a total transaction of $230,600.96. The disclosure for this sale can be found here. Over the last three months, insiders sold 80,601 shares of company stock worth $2,272,800. Insiders own 13.40% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its holdings in Willdan Group by 410.7% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,145 shares of the construction company’s stock worth $76,000 after acquiring an additional 1,725 shares in the last quarter. Citigroup Inc. increased its holdings in Willdan Group by 76.0% in the 3rd quarter. Citigroup Inc. now owns 3,093 shares of the construction company’s stock worth $110,000 after acquiring an additional 1,336 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Willdan Group in the 3rd quarter worth approximately $157,000. Barclays PLC boosted its stake in Willdan Group by 229.0% in the 3rd quarter. Barclays PLC now owns 4,554 shares of the construction company’s stock worth $162,000 after purchasing an additional 3,170 shares during the period. Finally, UBS Group AG bought a new position in Willdan Group in the 1st quarter worth approximately $175,000. 75.17% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ:WLDN opened at $26.52 on Tuesday. Willdan Group has a 1 year low of $23.32 and a 1 year high of $43.22. The company has a market cap of $350.22 million, a PE ratio of -39.00 and a beta of 1.23. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.58 and a quick ratio of 1.27. The stock’s 50-day moving average is $28.90 and its 200 day moving average is $32.95.
Willdan Group Company Profile (Get Rating)
Willdan Group, Inc, together with its subsidiaries, provides professional, technical and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services, as well as software and data analytics.
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