Willdan Group (NASDAQ:WLDN) updated its FY 2019 earnings guidance on Thursday. The company provided earnings per share guidance of $2.35-2.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.81. The company issued revenue guidance of $180-200 million, compared to the consensus revenue estimate of $185.49 million.
A number of research analysts recently weighed in on the stock. BidaskClub upgraded shares of Willdan Group from a hold rating to a buy rating in a research note on Wednesday, February 20th. Wedbush upped their target price on shares of Willdan Group from $40.00 to $45.00 and gave the company an outperform rating in a research report on Monday, November 12th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $38.50.
Shares of NASDAQ WLDN traded down $0.50 during midday trading on Thursday, reaching $37.70. The company had a trading volume of 54,464 shares, compared to its average volume of 42,810. The stock has a market cap of $419.69 million, a P/E ratio of 32.03 and a beta of 1.05. Willdan Group has a 1 year low of $22.10 and a 1 year high of $39.19.
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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