Willdan Group (NASDAQ:WLDN) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Friday.

Other equities analysts have also recently issued reports about the stock. ValuEngine raised shares of Willdan Group from a “hold” rating to a “buy” rating in a research note on Thursday. Roth Capital assumed coverage on shares of Willdan Group in a research note on Friday, June 15th. They issued a “buy” rating and a $39.00 price objective on the stock. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Willdan Group has a consensus rating of “Buy” and a consensus price target of $35.50.

Shares of WLDN stock opened at $34.50 on Friday. Willdan Group has a 52-week low of $19.25 and a 52-week high of $35.11. The company has a market capitalization of $279.96 million, a price-to-earnings ratio of 29.24 and a beta of 1.20. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.03.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings data on Thursday, August 2nd. The construction company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. Willdan Group had a net margin of 4.72% and a return on equity of 14.25%. The firm had revenue of $59.83 million for the quarter. equities analysts anticipate that Willdan Group will post 1.47 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in WLDN. Bank of Montreal Can boosted its position in shares of Willdan Group by 66.4% during the second quarter. Bank of Montreal Can now owns 6,119 shares of the construction company’s stock worth $191,000 after purchasing an additional 2,441 shares in the last quarter. Rhumbline Advisers bought a new position in shares of Willdan Group during the second quarter worth $232,000. Victory Capital Management Inc. bought a new position in shares of Willdan Group during the first quarter worth $256,000. Schwab Charles Investment Management Inc. boosted its position in shares of Willdan Group by 23.1% during the first quarter. Schwab Charles Investment Management Inc. now owns 18,099 shares of the construction company’s stock worth $514,000 after purchasing an additional 3,400 shares in the last quarter. Finally, Globeflex Capital L P boosted its position in shares of Willdan Group by 14.8% during the second quarter. Globeflex Capital L P now owns 19,400 shares of the construction company’s stock worth $601,000 after purchasing an additional 2,500 shares in the last quarter. 67.65% of the stock is currently owned by institutional investors.

About Willdan Group

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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