Willdan Group (NASDAQ:WLDN)‘s stock had its “hold” rating reaffirmed by Zacks Investment Research in a note issued to investors on Saturday.

According to Zacks, “Willdan Group is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. Nationwide, they enable their clients to realize cost and energy savings by providing a wide range of specialized services. They assist their clients with a broad range of complementary services relating to: Energy Efficiency and Sustainability; Engineering and Planning; Economic and Financial Consulting; and National Preparedness and Interoperability. They operate their business through a network of offices located primarily in California and New York. They also have operations in Arizona, Colorado, Florida, Illinois, Kansas, Oregon, Texas, Washington and Washington, DC. “

A number of other research analysts have also weighed in on WLDN. ValuEngine lowered Willdan Group from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Seaport Global Securities reissued a “buy” rating and issued a $37.00 price objective on shares of Willdan Group in a report on Wednesday, October 11th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Willdan Group has a consensus rating of “Buy” and a consensus target price of $36.50.

Willdan Group (NASDAQ:WLDN) traded up $0.35 during trading on Friday, reaching $23.52. The company’s stock had a trading volume of 68,126 shares, compared to its average volume of 58,817. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.46 and a current ratio of 1.46. Willdan Group has a 52 week low of $21.36 and a 52 week high of $36.87. The stock has a market capitalization of $203.05, a PE ratio of 20.45 and a beta of 1.13.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $60.39 million. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. equities research analysts predict that Willdan Group will post 1.17 EPS for the current fiscal year.

In related news, Director Raymond W. Holdsworth, Jr. bought 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were purchased at an average cost of $25.73 per share, with a total value of $64,325.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Marc Tipermas sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $25.24, for a total value of $75,720.00. Following the completion of the sale, the insider now directly owns 38,333 shares in the company, valued at $967,524.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 4,100 shares of company stock worth $106,588 and have sold 5,000 shares worth $125,247. 13.30% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of WLDN. Wedbush Securities Inc. grew its holdings in Willdan Group by 240.6% in the fourth quarter. Wedbush Securities Inc. now owns 469,659 shares of the construction company’s stock valued at $3,936,000 after purchasing an additional 331,775 shares during the period. Dimensional Fund Advisors LP grew its holdings in Willdan Group by 4.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 211,857 shares of the construction company’s stock valued at $1,775,000 after purchasing an additional 9,789 shares during the period. Acadian Asset Management LLC grew its holdings in Willdan Group by 0.5% in the first quarter. Acadian Asset Management LLC now owns 42,365 shares of the construction company’s stock valued at $408,000 after purchasing an additional 200 shares during the period. Renaissance Technologies LLC grew its holdings in Willdan Group by 2.1% in the first quarter. Renaissance Technologies LLC now owns 277,200 shares of the construction company’s stock valued at $2,675,000 after purchasing an additional 5,600 shares during the period. Finally, Tocqueville Asset Management L.P. grew its holdings in Willdan Group by 82.3% in the second quarter. Tocqueville Asset Management L.P. now owns 206,394 shares of the construction company’s stock valued at $2,192,000 after purchasing an additional 93,194 shares during the period. 66.07% of the stock is currently owned by institutional investors.

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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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