Willdan Group, Inc. (NASDAQ:WLDN)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $40.32 and last traded at $39.60, with a volume of 2876 shares traded. The stock had previously closed at $39.00.

WLDN has been the topic of a number of research analyst reports. BidaskClub downgraded shares of Willdan Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 18th. Zacks Investment Research downgraded shares of Willdan Group from a “hold” rating to a “sell” rating in a research note on Thursday, March 14th. Finally, ValuEngine downgraded shares of Willdan Group from a “buy” rating to a “hold” rating in a research note on Wednesday, March 20th. One analyst has rated the stock with a sell rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $41.33.

The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $429.78 million, a P/E ratio of 25.49 and a beta of 1.12.

Willdan Group (NASDAQ:WLDN) last issued its earnings results on Thursday, March 7th. The construction company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.01). The company had revenue of $86.44 million during the quarter, compared to the consensus estimate of $73.80 million. Willdan Group had a return on equity of 15.64% and a net margin of 3.68%. Equities analysts forecast that Willdan Group, Inc. will post 1.59 EPS for the current year.

A number of hedge funds have recently modified their holdings of the business. Citadel Advisors LLC purchased a new stake in shares of Willdan Group in the 3rd quarter worth approximately $209,000. Vanguard Group Inc lifted 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 worth $13,665,000 after purchasing an additional 22,218 shares during the period. O Shaughnessy Asset Management LLC purchased a new stake in shares of Willdan Group in the 4th quarter worth approximately $319,000. Vanguard Group Inc. lifted 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 worth $13,665,000 after purchasing an additional 22,218 shares during the period. Finally, Lord Abbett & CO. LLC purchased a new stake in shares of Willdan Group in the 4th quarter worth approximately $11,733,000. Institutional investors and hedge funds own 73.13% of the company’s stock.

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Willdan Group Company Profile (NASDAQ:WLDN)

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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