Wall Street Zen Downgrades Willdan Group (NASDAQ:WLDN) to Buy

Willdan Group (NASDAQ:WLDN) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research firms have also commented on WLDN. Compass Point set a $125.00 price target on Willdan Group in a research report on Friday, January 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willdan Group in a research report on Monday, December 29th. Wedbush lifted their price objective on shares of Willdan Group from $120.00 to $145.00 and gave the company an “outperform” rating in a research note on Wednesday, January 14th. Finally, Zacks Research cut shares of Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $124.33.

Willdan Group Stock Down 0.6%

Shares of NASDAQ WLDN opened at $79.49 on Friday. The stock has a fifty day moving average price of $113.16 and a 200 day moving average price of $104.44. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.15. Willdan Group has a 12-month low of $36.43 and a 12-month high of $137.00. The company has a market cap of $1.17 billion, a P/E ratio of 22.84 and a beta of 1.04.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.78. Willdan Group had a return on equity of 23.34% and a net margin of 7.71%.The company had revenue of $89.51 million for the quarter, compared to analysts’ expectations of $174.50 million. Willdan Group has set its FY 2026 guidance at 4.500-4.700 EPS. Research analysts anticipate that Willdan Group will post 1.82 EPS for the current fiscal year.

Insiders Place Their Bets

In other Willdan Group news, Director Steven A. Cohen sold 6,000 shares of Willdan Group stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $81.82, for a total transaction of $490,920.00. Following the sale, the director directly owned 20,849 shares in the company, valued at $1,705,865.18. The trade was a 22.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Willdan Group

Several institutional investors and hedge funds have recently made changes to their positions in WLDN. SBI Securities Co. Ltd. increased its stake in shares of Willdan Group by 1,915.4% in the third quarter. SBI Securities Co. Ltd. now owns 262 shares of the construction company’s stock worth $25,000 after buying an additional 249 shares during the last quarter. Spire Wealth Management bought a new position in Willdan Group during the 4th quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Willdan Group during the 4th quarter worth $28,000. Transamerica Financial Advisors LLC grew its holdings in Willdan Group by 203.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock worth $38,000 after acquiring an additional 244 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Willdan Group in the 4th quarter worth about $47,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Willdan Group Company Profile

Willdan Group, Inc provides energy efficiency, infrastructure engineering, and technical consulting services to a diverse range of public and private sector clients. The company works with utilities, municipalities, state and federal agencies, and commercial enterprises to design, implement, and manage programs that promote sustainable energy use, grid modernization, and resilient infrastructure. Willdan’s offerings span program design and implementation, energy audits, measurement and verification, and project management for both new construction and retrofit initiatives.

Core services include energy advisory and engineering solutions, including feasibility studies, facility commissioning and retro-commissioning, $0 down financing for energy projects, and demand response program development.