Willdan Group (NASDAQ:WLDN) Trading 7.9% Higher – Should You Buy?

Willdan Group, Inc. (NASDAQ:WLDN)’s share price was up 7.9% on Tuesday . The company traded as high as $76.98 and last traded at $76.94. Approximately 76,955 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 355,934 shares. The stock had previously closed at $71.31.

Analysts Set New Price Targets

Several brokerages recently weighed in on WLDN. Zacks Research upgraded Willdan Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Weiss Ratings cut Willdan Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Wedbush started coverage on Willdan Group in a report on Thursday, April 9th. They issued an “outperform” rating and a $110.00 price target for the company. Finally, Wall Street Zen lowered Willdan Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $112.67.

Willdan Group Trading Up 5.7%

The stock’s fifty day simple moving average is $87.34 and its 200-day simple moving average is $95.38. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.68 and a quick ratio of 1.68. The firm has a market cap of $1.14 billion, a PE ratio of 20.32 and a beta of 1.13.

Willdan Group (NASDAQ:WLDN) last announced its quarterly earnings data on Thursday, May 7th. The construction company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. The firm had revenue of $92.43 million for the quarter, compared to analyst estimates of $92.17 million. Willdan Group had a net margin of 8.24% and a return on equity of 23.36%. Willdan Group has set its FY 2026 guidance at 4.900-5.050 EPS. On average, sell-side analysts forecast that Willdan Group, Inc. will post 4.12 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Michael A. Bieber sold 56,676 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $91.58, for a total value of $5,190,388.08. Following the transaction, the chief executive officer directly owned 249,525 shares of the company’s stock, valued at approximately $22,851,499.50. This represents a 18.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.60% of the company’s stock.

Institutional Investors Weigh In On Willdan Group

Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in Willdan Group by 3.2% in the 1st quarter. Royal Bank of Canada now owns 76,990 shares of the construction company’s stock worth $3,134,000 after buying an additional 2,386 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Willdan Group by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,530 shares of the construction company’s stock worth $307,000 after buying an additional 312 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Willdan Group by 35.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 214,421 shares of the construction company’s stock valued at $8,731,000 after acquiring an additional 55,704 shares during the period. Jane Street Group LLC lifted its stake in Willdan Group by 205.9% during the 1st quarter. Jane Street Group LLC now owns 25,302 shares of the construction company’s stock valued at $1,030,000 after acquiring an additional 17,031 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Willdan Group by 10.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 87,234 shares of the construction company’s stock valued at $5,453,000 after acquiring an additional 8,602 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

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.