Willdan Group (NASDAQ:WLDN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Willdan Group (NASDAQ:WLDN) from a buy rating to a strong-buy rating in a research note published on Saturday.

Several other research analysts have also weighed in on the company. Wedbush lifted their price objective on Willdan Group from $120.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Willdan Group in a research report on Monday, December 29th. Zacks Research cut shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, Compass Point set a $125.00 price target on shares of Willdan Group in a report on Friday, January 2nd. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $124.33.

Willdan Group Price Performance

NASDAQ:WLDN opened at $87.48 on Friday. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 25.14 and a beta of 1.04. Willdan Group has a 52 week low of $30.43 and a 52 week high of $137.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.48 and a current ratio of 1.48. The firm’s 50-day simple moving average is $117.90 and its 200 day simple moving average is $106.21.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.78. Willdan Group had a net margin of 7.71% and a return on equity of 24.22%. The business had revenue of $89.51 million for the quarter, compared to analyst estimates of $174.50 million. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. As a group, sell-side analysts predict that Willdan Group will post 1.82 earnings per share for the current year.

Hedge Funds Weigh In On Willdan Group

Several hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Willdan Group by 1.1% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,615 shares of the construction company’s stock valued at $476,000 after acquiring an additional 85 shares in the last quarter. Truvestments Capital LLC raised its stake in shares of Willdan Group by 3.0% in the fourth quarter. Truvestments Capital LLC now owns 3,708 shares of the construction company’s stock worth $384,000 after purchasing an additional 108 shares during the last quarter. CWM LLC lifted its holdings in shares of Willdan Group by 5.4% during the fourth quarter. CWM LLC now owns 2,303 shares of the construction company’s stock valued at $239,000 after purchasing an additional 118 shares in the last quarter. Mariner LLC boosted its position in shares of Willdan Group by 2.0% during the fourth quarter. Mariner LLC now owns 6,062 shares of the construction company’s stock valued at $629,000 after buying an additional 118 shares during the last quarter. Finally, New York State Teachers Retirement System boosted its position in shares of Willdan Group by 11.9% during the third quarter. New York State Teachers Retirement System now owns 1,263 shares of the construction company’s stock valued at $122,000 after buying an additional 134 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

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.