Zacks Research lowered shares of Willdan Group (NASDAQ:WLDN – Free Report) from a strong-buy rating to a hold rating in a research report released on Thursday morning,Zacks reports.
WLDN has been the subject of several other reports. Yorkville Ives assumed coverage on Willdan Group in a research note on Monday, October 5th. They set an “outperform” rating and a $100.00 target price for the company. Wall Street Zen upgraded Willdan Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Wedbush reissued an “outperform” rating and set a $130.00 price objective on shares of Willdan Group in a research report on Wednesday, September 23rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Willdan Group in a research note on Monday, October 19th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Willdan Group currently has a consensus rating of “Moderate Buy” and an average price target of $118.33.
Check Out Our Latest Analysis on Willdan Group
Willdan Group Stock Down 6.5%
Shares of WLDN stock traded down $4.63 during trading on Thursday, reaching $66.22. The company’s stock had a trading volume of 411,048 shares, compared to its average volume of 215,240. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 16.07 and a beta of 1.28. Willdan Group has a 1-year low of $61.51 and a 1-year high of $137.00. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.37 and a quick ratio of 1.37. The stock’s 50-day moving average price is $77.17 and its 200 day moving average price is $85.87.
Willdan Group (NASDAQ:WLDN – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The construction company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.08 by $0.12. Willdan Group had a net margin of 8.80% and a return on equity of 24.51%. The business had revenue of $214.53 million during the quarter, compared to the consensus estimate of $107.77 million. On average, research analysts anticipate that Willdan Group will post 4.06 EPS for the current year.
Insider Activity at Willdan Group
In other news, Director Thomas Brisbin sold 58,757 shares of the firm’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 sale, the director owned 96,687 shares of the company’s stock, valued at approximately $8,521,992.18. This trade represents a 37.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders sold 67,101 shares of company stock valued at $5,871,388. Corporate insiders own 5.60% of the company’s stock.
Hedge Funds Weigh In On Willdan Group
Several hedge funds have recently added to or reduced their stakes in WLDN. Integrated Wealth Concepts LLC acquired a new stake in Willdan Group during the second quarter worth approximately $29,000. Sterling Capital Management LLC boosted its holdings in shares of Willdan Group by 254.9% in the 3rd quarter. Sterling Capital Management LLC now owns 433 shares of the construction company’s stock valued at $32,000 after buying an additional 311 shares in the last quarter. State of Wyoming grew its position in shares of Willdan Group by 104.0% in 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 during the last quarter. International Assets Investment Management LLC grew its position in shares of Willdan Group by 67.0% in the 1st quarter. International Assets Investment Management LLC now owns 763 shares of the construction company’s stock valued at $60,000 after buying an additional 306 shares during the last quarter. Finally, Transamerica Financial Advisors LLC acquired a new stake in Willdan Group during the 2nd quarter worth $98,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.
Willdan Group News Summary
Here are the key news stories impacting Willdan Group this week:
- Positive Sentiment: Willdan raised its FY 2026 adjusted EPS guidance to $5.15–$5.25, above the $4.87 consensus estimate. Earnings call transcript
- Positive Sentiment: Q3 contract revenue rose 17.9% to $214.5 million, net revenue increased 18.1% to $112.2 million, and adjusted EBITDA climbed 22.4% to $28.3 million. Adjusted EPS of $1.20 topped analyst expectations. Third-quarter results
- Positive Sentiment: Willdan was selected as one of 26 providers for the New York Power Authority’s Energy Services Program, with work available under ten-year contracts as projects are assigned. It also announced engineering work for 643 MW of energy infrastructure projects. NYPA selection Energy infrastructure projects
- Neutral Sentiment: The company’s revenue guidance of $435–$445 million was reported against a $746.5 million consensus estimate, a sizable apparent shortfall. The figures may not be directly comparable, so investors may seek clarification on the revenue measure used. Earnings call transcript
- Negative Sentiment: Despite growth in adjusted EBITDA, net income fell 13.6%, GAAP diluted EPS declined 15.6% to $0.76, and adjusted diluted EPS edged down 0.8% year over year. The weaker bottom-line comparisons may have weighed on investor sentiment. 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.
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