Willdan Group (NASDAQ:WLDN) Stock Rating Upgraded by StockNews.com

Willdan Group (NASDAQ:WLDN) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Tuesday.

Separately, Wedbush raised shares of Willdan Group to a “strong-buy” rating in a research note on Monday.

Willdan Group Stock Down 0.6 %

WLDN opened at $39.85 on Tuesday. The firm has a market cap of $574.16 million, a price-to-earnings ratio of 24.45 and a beta of 1.41. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. The firm’s 50-day simple moving average is $35.71 and its 200-day simple moving average is $39.61. Willdan Group has a twelve month low of $25.61 and a twelve month high of $50.00.

Institutional Trading of Willdan Group

Several large investors have recently made changes to their positions in the business. Quantbot Technologies LP acquired a new position in Willdan Group during the 3rd quarter worth about $26,000. Farther Finance Advisors LLC bought a new position in shares of Willdan Group in the fourth quarter worth about $40,000. Tower Research Capital LLC TRC lifted its position in shares of Willdan Group by 470.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company’s stock worth $64,000 after purchasing an additional 1,387 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Willdan Group by 26.4% during the fourth quarter. Legal & General Group Plc now owns 2,597 shares of the construction company’s stock valued at $99,000 after purchasing an additional 542 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Willdan Group in the fourth quarter valued at approximately $125,000. Institutional investors own 72.29% of the company’s stock.

About Willdan Group

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.