Shares of Willdan Group, Inc. (NASDAQ:WLDN) have earned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokers have set a 12 month consensus target price of $29.50 for the company and are expecting that the company will post $0.16 EPS for the current quarter, according to Zacks. Zacks has also assigned Willdan Group an industry rank of 155 out of 265 based on the ratings given to related companies.
A number of research firms have commented on WLDN. Wedbush upped their price target on Willdan Group from $17.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, November 7th. Zacks Investment Research cut Willdan Group from a “buy” rating to a “sell” rating in a research note on Wednesday, January 11th.
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. A.R.T. Advisors LLC purchased a new position in Willdan Group during the fourth quarter worth approximately $207,000. Wells Fargo & Company MN bought a new stake in shares of Willdan Group during the third quarter valued at about $163,000. Ellington Management Group LLC bought a new stake in shares of Willdan Group during the fourth quarter valued at about $212,000. Navellier & Associates Inc bought a new stake in shares of Willdan Group during the third quarter valued at about $227,000. Finally, ClariVest Asset Management LLC bought a new stake in shares of Willdan Group during the third quarter valued at about $350,000. Institutional investors own 35.80% of the company’s stock.
Shares of Willdan Group (NASDAQ:WLDN) traded down 1.27% on Friday, reaching $27.20. The company had a trading volume of 13,823 shares. The firm’s 50 day moving average is $26.63 and its 200 day moving average is $20.43. The firm has a market capitalization of $226.44 million, a PE ratio of 32.46 and a beta of 1.73. Willdan Group has a 12 month low of $7.41 and a 12 month high of $31.91.
Willdan Group Company Profile
Willdan Group, Inc is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
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