Willdan Group (NASDAQ:WLDN) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Wednesday.
Several other equities research analysts have also recently commented on WLDN. Canaccord Genuity lifted their target price on Willdan Group from $36.00 to $40.00 and gave the company a “buy” rating in a research note on Monday. ValuEngine upgraded Willdan Group from a “hold” rating to a “buy” rating in a research report on Friday, November 2nd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $36.33.
NASDAQ WLDN opened at $37.42 on Wednesday. The firm has a market capitalization of $308.48 million, a PE ratio of 31.71 and a beta of 1.37. Willdan Group has a 52 week low of $19.25 and a 52 week high of $38.43. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.03.
Large investors have recently bought and sold shares of the company. Sagard Capital Partners Management Corp boosted its position in shares of Willdan Group by 130.3% in the 2nd quarter. Sagard Capital Partners Management Corp now owns 179,018 shares of the construction company’s stock worth $5,544,000 after purchasing an additional 101,280 shares during the last quarter. Rhumbline Advisers bought a new position in Willdan Group during the second quarter worth about $232,000. Northern Trust Corp lifted its holdings in Willdan Group by 2.7% during the first quarter. Northern Trust Corp now owns 108,176 shares of the construction company’s stock worth $3,066,000 after acquiring an additional 2,868 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Willdan Group by 47.3% during the second quarter. Bank of New York Mellon Corp now owns 47,144 shares of the construction company’s stock worth $1,460,000 after acquiring an additional 15,132 shares in the last quarter. Finally, Summit Global Investments bought a new position in Willdan Group during the second quarter worth about $712,000. Institutional investors and hedge funds own 68.22% of the company’s stock.
Willdan Group Company Profile
Willdan Group, Inc, together with its subsidiaries, provides professional technical and consulting services to utilities, private industry, and public agencies at various levels of government primarily in the Unites States. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services, and Homeland Security Services.
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