Willdan Group (NASDAQ:WLDN – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 5.150-5.250 for the period, compared to the consensus EPS estimate of 4.870. The company issued revenue guidance of $435.0 million-$445.0 million, compared to the consensus revenue estimate of $746.5 million.
Willdan Group Stock Down 8.6%
Shares of NASDAQ WLDN traded down $6.08 during trading hours on Friday, hitting $64.77. The stock had a trading volume of 90,585 shares, compared to its average volume of 307,311. The company has a market capitalization of $986.45 million, a P/E ratio of 15.20 and a beta of 1.28. The firm’s 50-day moving average price is $77.60 and its two-hundred day moving average price is $86.20. Willdan Group has a 52 week low of $64.04 and a 52 week high of $137.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.37 and a current ratio of 1.37.
Willdan Group (NASDAQ:WLDN – Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The construction company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.12. The firm had revenue of $214.53 million for the quarter, compared to the consensus estimate of $107.77 million. Willdan Group had a return on equity of 24.51% and a net margin of 8.80%. Analysts anticipate that Willdan Group will post 4.06 EPS for the current fiscal year.
Analyst Ratings Changes
Several research analysts have recently commented on the stock. Yorkville Ives started coverage on shares of Willdan Group in a research note on Monday, October 5th. They set an “outperform” rating and a $100.00 price target on the stock. Wedbush restated an “outperform” rating and set a $130.00 price target on shares of Willdan Group in a report on Wednesday, September 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Willdan Group in a research note on Monday, October 19th. Zacks Research upgraded shares of Willdan Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Finally, Wall Street Zen raised shares of Willdan Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $118.33.
Get Our Latest Stock Report on Willdan Group
Insider Activity at Willdan Group
In related news, Director Thomas Brisbin sold 58,757 shares of the business’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $88.14, for a total transaction of $5,178,841.98. Following the completion of the transaction, the director owned 96,687 shares of the company’s stock, valued at approximately $8,521,992.18. The trade was a 37.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 67,101 shares of company stock valued at $5,871,388 in the last 90 days. Insiders own 5.60% of the company’s stock.
Willdan Group News Roundup
Here are the key news stories impacting Willdan Group this week:
- Positive Sentiment: Third-quarter contract revenue rose 17.9% to $214.5 million, net revenue increased 18.1% to $112.2 million, and adjusted EBITDA grew 22.4% to $28.3 million. Adjusted diluted EPS of $1.20 exceeded the $1.08 analyst estimate. Willdan Group Reports Third Quarter Results
- Positive Sentiment: Willdan was selected as one of 26 providers for the New York Power Authority’s Energy Services Program, with contracts running for ten years. Work will be assigned as projects arise, so the selection creates an opportunity but does not guarantee revenue. Willdan Selected To Be a NYPA Statewide Energy Services Provider
- Positive Sentiment: The company said it will provide engineering for energy-infrastructure projects totaling 643 megawatts, adding to its project opportunities. Willdan to Provide Engineering for 643 MW in Energy Infrastructure Projects
- Negative Sentiment: Despite revenue growth and the EPS beat, net income fell 13.6% and GAAP diluted EPS declined 15.6% year over year. Adjusted diluted EPS was also slightly lower than the $1.21 reported a year earlier, which may temper the positive headline beat. Willdan Group Reports Third Quarter Results
About Willdan Group
Willdan Group, Inc (NASDAQ:WLDN) is a professional services company that provides technical, consulting and infrastructure solutions to utilities, government agencies and commercial clients. The company operates primarily in the United States, with a strong presence in California and other markets where energy, infrastructure and public-sector modernization services are in demand.
Through its energy-focused operations, Willdan designs and implements energy-efficiency, demand-response, electrification and distributed-energy programs.
Read More
- Five stocks we like better than Willdan Group
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
- Block by Block: Cash App Builds a Stronger Foundation
- Arista Networks Cashes In on the AI Infrastructure Buildout
- Powering Up: Freeport-McMoRan’s $4.5B Copper Expansion
Receive News & Ratings for Willdan Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willdan Group and related companies with MarketBeat.com's FREE daily email newsletter.
