Shares of Willdan Group, Inc. (NASDAQ:WLDN) have been given a consensus rating of “Buy” by the six ratings firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $35.33.

A number of equities analysts recently commented on the company. ValuEngine cut Willdan Group from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Zacks Investment Research cut Willdan Group from a “hold” rating to a “sell” rating in a report on Saturday, October 14th. BidaskClub cut Willdan Group from a “buy” rating to a “hold” rating in a report on Saturday, August 19th. Finally, Seaport Global Securities reaffirmed a “buy” rating and issued a $37.00 target price on shares of Willdan Group in a report on Wednesday, October 11th.

In other Willdan Group news, Director Douglas James Mceachern purchased 1,180 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were acquired at an average cost of $27.32 per share, with a total value of $32,237.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Raymond W. Holdsworth, Jr. purchased 2,500 shares of the firm’s stock in a transaction on Tuesday, November 7th. The shares were acquired at an average cost of $25.73 per share, for a total transaction of $64,325.00. The disclosure for this purchase can be found here. 13.30% of the stock is owned by company insiders.

A number of large investors have recently bought and sold shares of WLDN. Vanguard Group Inc. increased its holdings in shares of Willdan Group by 8.0% in the first quarter. Vanguard Group Inc. now owns 271,616 shares of the construction company’s stock worth $8,762,000 after purchasing an additional 20,036 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Willdan Group by 52.5% in the second quarter. Goldman Sachs Group Inc. now owns 65,794 shares of the construction company’s stock worth $2,010,000 after purchasing an additional 22,661 shares during the last quarter. Fiera Capital Corp increased its holdings in shares of Willdan Group by 56.2% in the second quarter. Fiera Capital Corp now owns 121,417 shares of the construction company’s stock worth $3,709,000 after purchasing an additional 43,670 shares during the last quarter. Rice Hall James & Associates LLC increased its holdings in shares of Willdan Group by 1.0% in the second quarter. Rice Hall James & Associates LLC now owns 9,926 shares of the construction company’s stock worth $303,000 after purchasing an additional 103 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of Willdan Group by 57.5% in the first quarter. Morgan Stanley now owns 93,206 shares of the construction company’s stock worth $3,007,000 after purchasing an additional 34,043 shares during the last quarter. 65.78% of the stock is currently owned by institutional investors and hedge funds.

Willdan Group (NASDAQ:WLDN) opened at $25.17 on Friday. Willdan Group has a twelve month low of $20.60 and a twelve month high of $36.87. The company has a market capitalization of $220.58, a price-to-earnings ratio of 22.03 and a beta of 1.21. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.03.

Willdan Group (NASDAQ:WLDN) last announced its earnings results on Thursday, November 2nd. The construction company reported $0.31 EPS for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.01. Willdan Group had a return on equity of 18.10% and a net margin of 3.90%. The company had revenue of $69.00 million for the quarter, compared to analysts’ expectations of $60.39 million. Willdan Group’s quarterly revenue was up 17.5% on a year-over-year basis. analysts anticipate that Willdan Group will post 1.16 earnings per share for the current year.

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About Willdan Group

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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