Equities research analysts expect Willdan Group, Inc. (NASDAQ:WLDN) to announce sales of $87.13 million for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Willdan Group’s earnings. The lowest sales estimate is $74.05 million and the highest is $100.20 million. Willdan Group reported sales of $59.83 million in the same quarter last year, which would suggest a positive year over year growth rate of 45.6%. The company is expected to announce its next quarterly earnings report on Thursday, August 1st.

On average, analysts expect that Willdan Group will report full-year sales of $385.33 million for the current fiscal year, with estimates ranging from $372.35 million to $398.30 million. For the next fiscal year, analysts expect that the business will report sales of $407.40 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that cover Willdan Group.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings data on Thursday, March 7th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). The company had revenue of $86.44 million during the quarter, compared to analyst estimates of $73.80 million. Willdan Group had a net margin of 2.39% and a return on equity of 12.34%.

Several equities analysts recently commented on WLDN shares. ValuEngine lowered Willdan Group from a “buy” rating to a “hold” rating in a report on Wednesday, March 20th. Zacks Investment Research raised Willdan Group from a “sell” rating to a “hold” rating in a report on Saturday. Finally, BidaskClub raised Willdan Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 20th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $41.33.

Hedge funds have recently modified their holdings of the business. New York State Teachers Retirement System purchased a new position in shares of Willdan Group during the first quarter worth about $33,000. Legal & General Group Plc grew its holdings in shares of Willdan Group by 31.5% during the fourth quarter. Legal & General Group Plc now owns 1,507 shares of the construction company’s stock worth $53,000 after purchasing an additional 361 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of Willdan Group by 67,433.3% during the first quarter. BNP Paribas Arbitrage SA now owns 2,026 shares of the construction company’s stock worth $75,000 after purchasing an additional 2,023 shares during the last quarter. Citigroup Inc. grew its holdings in shares of Willdan Group by 24.3% during the first quarter. Citigroup Inc. now owns 2,627 shares of the construction company’s stock worth $98,000 after purchasing an additional 514 shares during the last quarter. Finally, Brinker Capital Inc. purchased a new position in shares of Willdan Group during the first quarter worth about $111,000. 75.68% of the stock is currently owned by institutional investors.

NASDAQ:WLDN traded up $0.23 during trading hours on Wednesday, hitting $35.44. The company’s stock had a trading volume of 111,000 shares, compared to its average volume of 58,395. The firm has a market capitalization of $406.36 million, a PE ratio of 23.01 and a beta of 1.11. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.37 and a quick ratio of 1.37. Willdan Group has a 52-week low of $26.66 and a 52-week high of $40.70.

Willdan Group Company Profile

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 survey, program design, master planning, benchmarking analysis, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services.

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