Willdan Group (NASDAQ:WLDN) Downgraded by Wall Street Zen to Buy

Willdan Group (NASDAQ:WLDN) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts also recently issued reports about the company. Zacks Research downgraded Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Wedbush boosted their price objective on Willdan Group from $120.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. Compass Point set a $125.00 target price on Willdan Group in a research note on Friday, January 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willdan Group in a report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $124.33.

Willdan Group Stock Performance

Shares of NASDAQ WLDN opened at $79.49 on Friday. The company has a 50 day simple moving average of $113.16 and a two-hundred day simple moving average of $104.60. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 22.84 and a beta of 1.04. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.15. Willdan Group has a 12 month low of $36.43 and a 12 month high of $137.00.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings data on Thursday, February 26th. The construction company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.78. Willdan Group had a net margin of 7.71% and a return on equity of 23.34%. The firm had revenue of $89.51 million for the quarter, compared to analyst estimates of $174.50 million. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. As a group, analysts predict that Willdan Group will post 1.82 earnings per share for the current year.

Insider Buying and Selling

In other Willdan Group news, Director Steven A. Cohen sold 6,000 shares of Willdan Group stock in a transaction on Friday, March 6th. The shares were sold at an average price of $81.82, for a total value of $490,920.00. Following the completion of the transaction, the director owned 20,849 shares of the company’s stock, valued at approximately $1,705,865.18. The trade was a 22.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 8.60% of the company’s stock.

Institutional Investors Weigh In On Willdan Group

A number of institutional investors have recently modified their holdings of the business. SBI Securities Co. Ltd. increased its stake in shares of Willdan Group by 1,915.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 262 shares of the construction company’s stock valued at $25,000 after purchasing an additional 249 shares in the last quarter. Spire Wealth Management purchased a new position in Willdan Group during the fourth quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Willdan Group in the fourth quarter valued at approximately $28,000. Transamerica Financial Advisors LLC grew its holdings in Willdan Group by 203.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock valued at $38,000 after purchasing an additional 244 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in shares of Willdan Group in the fourth quarter valued at approximately $47,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Willdan Group Company Profile

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.