Willdan Group (NASDAQ:WLDN) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of Willdan Group (NASDAQ:WLDN) from a hold rating to a buy rating in a research report sent to investors on Saturday morning.

Several other research analysts have also issued reports on the company. Zacks Research lowered Willdan Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings restated a “hold (c+)” rating on shares of Willdan Group in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $117.50.

Willdan Group Price Performance

Shares of NASDAQ WLDN opened at $86.40 on Friday. Willdan Group has a 1 year low of $64.67 and a 1 year high of $137.00. The stock has a market capitalization of $1.32 billion, a P/E ratio of 20.28 and a beta of 1.14. The company’s 50-day moving average is $80.11 and its 200 day moving average is $88.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.37 and a quick ratio of 1.68.

Willdan Group (NASDAQ:WLDN) last issued its quarterly earnings data on Thursday, August 6th. The construction company reported $2.07 EPS for the quarter, topping the consensus estimate of $1.30 by $0.77. The business had revenue of $231.03 million during the quarter, compared to analyst estimates of $102.27 million. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. Willdan Group has set its FY 2026 guidance at 5.000-5.150 EPS. On average, sell-side analysts expect that Willdan Group will post 4.12 earnings per share for the current year.

Institutional Investors Weigh In On Willdan Group

A number of hedge funds and other institutional investors have recently bought and sold shares of WLDN. Leonteq Securities AG purchased a new position in shares of Willdan Group during the first quarter valued at approximately $29,000. Transamerica Financial Advisors LLC boosted its position in shares of Willdan Group by 203.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 364 shares of the construction company’s stock worth $38,000 after purchasing an additional 244 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Willdan Group in the 4th quarter worth approximately $47,000. NewEdge Advisors LLC purchased a new stake in shares of Willdan Group in the 3rd quarter worth approximately $48,000. Finally, State of Wyoming increased its position in Willdan Group by 104.0% during the 1st quarter. State of Wyoming now owns 720 shares of the construction company’s stock valued at $55,000 after buying an additional 367 shares in the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

About Willdan Group

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.