Analysts expect that Willdan Group, Inc. (NASDAQ:WLDN) will announce earnings of $0.83 per share for the current quarter, according to Zacks Investment Research. Two analysts have made 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 of $0.61 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 36.1%. The company is expected to issue its next quarterly earnings report on Thursday, March 5th.

According to Zacks, analysts expect that Willdan Group will report full year earnings of $2.15 per share for the current fiscal year, with EPS estimates ranging from $2.10 to $2.20. For the next fiscal year, analysts forecast that the business will report earnings of $2.79 per share, with EPS estimates ranging from $2.60 to $2.98. Zacks’ EPS averages are an average based on a survey of research firms that follow Willdan Group.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings results on Wednesday, October 30th. The construction company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.22). Willdan Group had a return on equity of 9.39% and a net margin of 0.71%. The business had revenue of $117.49 million for the quarter, compared to analysts’ expectations of $102.52 million.

WLDN has been the subject of a number of recent research reports. TheStreet lowered shares of Willdan Group from a “b” rating to a “c+” rating in a research report on Friday, November 1st. BidaskClub raised shares of Willdan Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Zacks Investment Research reissued a “sell” rating on shares of Willdan Group in a research report on Saturday, October 5th. Finally, ValuEngine lowered shares of Willdan Group from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $42.50.

WLDN traded down $0.19 during trading on Friday, reaching $34.98. 78,718 shares of the company’s stock were exchanged, compared to its average volume of 66,731. Willdan Group has a 1 year low of $26.39 and a 1 year 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 stock has a market capitalization of $398.00 million, a P/E ratio of 28.83 and a beta of 1.01. The company’s fifty day simple moving average is $31.25 and its 200-day simple moving average is $33.62.

Several large investors have recently bought and sold shares of WLDN. DNB Asset Management AS increased its holdings in shares of Willdan Group by 298.8% during the 4th quarter. DNB Asset Management AS now owns 382,413 shares of the construction company’s stock valued at $12,153,000 after purchasing an additional 286,520 shares in the last quarter. River & Mercantile Asset Management LLP purchased a new position in shares of Willdan Group during the 2nd quarter valued at approximately $2,216,000. Boston Partners purchased a new position in shares of Willdan Group during the 2nd quarter valued at approximately $2,112,000. Invesco Ltd. increased its holdings in shares of Willdan Group by 37.5% during the 2nd quarter. Invesco Ltd. now owns 190,112 shares of the construction company’s stock valued at $7,082,000 after purchasing an additional 51,845 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in shares of Willdan Group by 7.9% during the 2nd quarter. BlackRock Inc. now owns 670,639 shares of the construction company’s stock valued at $24,982,000 after purchasing an additional 48,996 shares in the last quarter. 84.36% of the stock is owned by hedge funds and other institutional investors.

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

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