Brokerages expect that Willdan Group, Inc. (NASDAQ:WLDN) will report $0.83 earnings per share for the current quarter, Zacks reports. Two analysts have provided estimates for Willdan Group’s earnings, with the lowest EPS estimate coming in at $0.80 and the highest estimate coming in at $0.86. Willdan Group reported earnings per share of $0.61 during the same quarter last year, which would indicate a positive year-over-year growth rate of 36.1%. The firm is expected to issue its next quarterly earnings results on Thursday, March 5th.

On average, analysts expect that Willdan Group will report full-year earnings of $2.15 per share for the current year, with EPS estimates ranging from $2.10 to $2.20. For the next fiscal year, analysts forecast that the company will report earnings of $2.79 per share, with EPS estimates ranging from $2.60 to $2.98. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Willdan Group.

Several brokerages have recently weighed in on WLDN. Zacks Investment Research reiterated a “sell” rating on shares of Willdan Group in a report on Saturday, October 5th. ValuEngine downgraded Willdan Group from a “buy” rating to a “hold” rating in a report on Monday, November 11th. TheStreet cut shares of Willdan Group from a “b” rating to a “c+” rating in a report on Friday, November 1st. Finally, BidaskClub downgraded shares of Willdan Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 23rd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company’s stock. Willdan Group currently has a consensus rating of “Hold” and a consensus price target of $42.50.

A number of hedge funds have recently modified their holdings of WLDN. Rice Hall James & Associates LLC lifted its stake in Willdan Group by 43.8% in the 2nd quarter. Rice Hall James & Associates LLC now owns 730,288 shares of the construction company’s stock worth $27,203,000 after purchasing an additional 222,543 shares in the last quarter. DNB Asset Management AS bought a new stake in shares of Willdan Group during the 3rd quarter valued at about $3,364,000. Russell Investments Group Ltd. boosted its position in shares of Willdan Group by 86.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 205,962 shares of the construction company’s stock valued at $7,673,000 after acquiring an additional 95,611 shares during the last quarter. River & Mercantile Asset Management LLP bought a new stake in shares of Willdan Group during the 2nd quarter valued at about $2,216,000. Finally, Boston Partners purchased a new position in shares of Willdan Group during the second quarter worth about $2,112,000. 86.55% of the stock is owned by institutional investors and hedge funds.

WLDN stock traded down $0.07 during trading on Thursday, reaching $28.30. The company had a trading volume of 1,568 shares, compared to its average volume of 93,654. The company has a market cap of $322.63 million, a P/E ratio of 18.38 and a beta of 1.04. Willdan Group has a 52 week low of $26.39 and a 52 week high of $40.70. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.47 and a quick ratio of 1.47. The business has a 50 day moving average of $31.70 and a 200 day moving average of $34.14.

About Willdan Group

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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Earnings History and Estimates for Willdan Group (NASDAQ:WLDN)

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