Shares of Willdan Group, Inc. (NASDAQ:WLDN) have been given a consensus rating of “Buy” by the six research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $41.33.

Several equities research analysts have weighed in on the stock. BidaskClub upgraded shares of Willdan Group from a “sell” rating to a “hold” rating in a report on Friday, September 28th. ValuEngine lowered shares of Willdan Group from a “buy” rating to a “hold” rating in a report on Saturday, October 27th. Canaccord Genuity increased their target price on shares of Willdan Group from $36.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, November 5th. Finally, Wedbush increased their target price on shares of Willdan Group from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, November 12th.

Shares of NASDAQ WLDN opened at $36.92 on Friday. Willdan Group has a fifty-two week low of $19.25 and a fifty-two week high of $39.00. The company has a market capitalization of $398.16 million, a P/E ratio of 28.90 and a beta of 1.46.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings data on Thursday, November 1st. The construction company reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.01). Willdan Group had a net margin of 4.85% and a return on equity of 15.67%. The business had revenue of $71.39 million during the quarter, compared to analyst estimates of $61.01 million. Equities analysts predict that Willdan Group will post 1.43 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Willdan Group by 5.8% in the 3rd quarter. Vanguard Group Inc. now owns 402,378 shares of the construction company’s stock valued at $13,665,000 after acquiring an additional 22,218 shares during the period. Summit Global Investments raised its position in shares of Willdan Group by 6.5% in the 3rd quarter. Summit Global Investments now owns 24,500 shares of the construction company’s stock valued at $832,000 after buying an additional 1,500 shares in the last quarter. Putnam Investments LLC acquired a new position in shares of Willdan Group in the 3rd quarter valued at approximately $1,151,000. Citadel Advisors LLC acquired a new position in shares of Willdan Group in the 3rd quarter valued at approximately $209,000. Finally, Kornitzer Capital Management Inc. KS grew its holdings in shares of Willdan Group by 13.6% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 63,500 shares of the construction company’s stock valued at $2,156,000 after purchasing an additional 7,600 shares during the last quarter. 55.41% of the stock is owned by institutional investors.

Willdan Group Company Profile

Willdan Group, Inc, together with its subsidiaries, provides professional technical and consulting services to utilities, private industry, and public agencies at various levels of government primarily in the Unites States. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services, and Homeland Security Services.

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