Willdan Group (NASDAQ:WLDN) Coverage Initiated by Analysts at Wedbush

Wedbush started coverage on shares of Willdan Group (NASDAQ:WLDN) in a research report report published on Thursday, MarketBeat reports. The brokerage issued an outperform rating and a $110.00 price objective on the construction company’s stock.

A number of other equities research analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 14th. Compass Point set a $125.00 price objective on shares of Willdan Group in a research report on Friday, January 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Willdan Group in a research report on Monday, December 29th. Finally, Zacks Research downgraded shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Willdan Group has a consensus rating of “Moderate Buy” and a consensus price target of $112.67.

Willdan Group Trading Up 3.9%

NASDAQ:WLDN opened at $84.00 on Thursday. 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 $36.60 and a 12 month high of $137.00. The company has a market cap of $1.24 billion, a PE ratio of 24.14 and a beta of 1.12. The company has a 50 day simple moving average of $95.18 and a two-hundred day simple moving average of $101.20.

Willdan Group (NASDAQ:WLDN) last posted its earnings results on Thursday, February 26th. The construction company reported $1.57 EPS 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 business had revenue of $89.51 million during the quarter, compared to the consensus estimate of $174.50 million. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. Research analysts forecast that Willdan Group will post 1.82 earnings per share for the current year.

Insider Activity

In other news, Director Steven A. Cohen sold 6,000 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $81.82, for a total transaction of $490,920.00. Following the completion of the sale, the director owned 20,849 shares of the company’s stock, valued at $1,705,865.18. The trade was a 22.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 8.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Willdan Group

A number of institutional investors have recently bought and sold shares of the business. J. Derek Lewis & Associates Inc. purchased a new stake in Willdan Group in the 4th quarter worth $1,152,000. Pure Financial Advisors LLC purchased a new stake in Willdan Group in the 4th quarter worth $482,000. Sunbelt Securities Inc. purchased a new stake in Willdan Group in the 4th quarter worth $83,000. Invesco Ltd. increased its stake in Willdan Group by 93.0% in the 4th quarter. Invesco Ltd. now owns 51,657 shares of the construction company’s stock worth $5,355,000 after buying an additional 24,889 shares in the last quarter. Finally, Man Group plc increased its stake in Willdan Group by 108.6% in the 4th quarter. Man Group plc now owns 34,677 shares of the construction company’s stock worth $3,595,000 after buying an additional 18,052 shares in the last quarter. Hedge funds and other 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.