Willdan Group’s (WLDN) “Outperform” Rating Reiterated at Wedbush

Willdan Group (NASDAQ:WLDN)‘s stock had its “outperform” rating reissued by analysts at Wedbush in a research report issued on Tuesday,Benzinga reports. They currently have a $130.00 price target on the construction company’s stock. Wedbush’s price target points to a potential upside of 55.74% from the company’s current price.

Several other equities research analysts also recently weighed in on the company. Wall Street Zen raised Willdan Group from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research cut shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $127.50.

Willdan Group Stock Down 3.4%

Willdan Group stock opened at $83.47 on Tuesday. Willdan Group has a fifty-two week low of $64.67 and a fifty-two week high of $137.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.37 and a current ratio of 1.37. The company has a market capitalization of $1.27 billion, a P/E ratio of 19.59 and a beta of 1.14. The stock has a 50-day simple moving average of $79.81 and a 200-day simple moving average of $87.58.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings results on Thursday, August 6th. The construction company reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.77. The firm had revenue of $231.03 million for the quarter, compared to the consensus estimate of $102.27 million. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%.Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. Equities research analysts expect that Willdan Group will post 4.12 earnings per share for the current year.

Hedge Funds Weigh In On Willdan Group

Several institutional investors have recently added to or reduced their stakes in WLDN. Transamerica Financial Advisors LLC raised its stake in Willdan Group by 203.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock valued at $38,000 after acquiring an additional 244 shares during the last quarter. Leonteq Securities AG purchased a new position in shares of Willdan Group in the 1st quarter valued at approximately $29,000. International Assets Investment Management LLC purchased a new position in shares of Willdan Group in the 4th quarter valued at approximately $47,000. NewEdge Advisors LLC acquired a new position in shares of Willdan Group in the third quarter valued at approximately $48,000. Finally, State of Wyoming increased its holdings in shares of Willdan Group by 104.0% in the first quarter. State of Wyoming now owns 720 shares of the construction company’s stock valued at $55,000 after purchasing an additional 367 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

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.