Willdan Group, Inc. (NASDAQ:WLDN) has been given a consensus recommendation of “Buy” by the six research firms that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $36.50.
Separately, Zacks Investment Research upgraded Willdan Group from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a research report on Thursday, October 19th.
Willdan Group (NASDAQ WLDN) opened at $21.24 on Friday. Willdan Group has a 12-month low of $19.25 and a 12-month high of $36.87. The firm has a market capitalization of $184.21, a PE ratio of 18.47 and a beta of 1.08. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.46 and a current ratio of 1.46.
In related news, insider Marc Tipermas sold 3,000 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $25.24, for a total transaction of $75,720.00. Following the transaction, the insider now directly owns 38,333 shares in the company, valued at $967,524.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 5,000 shares of company stock worth $125,247 over the last quarter. 13.30% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its position in Willdan Group by 0.6% during the fourth quarter. BlackRock Inc. now owns 478,747 shares of the construction company’s stock worth $11,461,000 after buying an additional 3,054 shares during the period. Dimensional Fund Advisors LP lifted its position in Willdan Group by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 414,920 shares of the construction company’s stock worth $13,468,000 after buying an additional 6,232 shares during the period. Vanguard Group Inc. increased its stake in Willdan Group by 12.8% during the second quarter. Vanguard Group Inc. now owns 306,407 shares of the construction company’s stock worth $9,361,000 after acquiring an additional 34,791 shares during the last quarter. Thrivent Financial For Lutherans increased its stake in Willdan Group by 33.5% during the fourth quarter. Thrivent Financial For Lutherans now owns 278,314 shares of the construction company’s stock worth $6,663,000 after acquiring an additional 69,790 shares during the last quarter. Finally, Eagle Asset Management Inc. increased its stake in Willdan Group by 5.4% during the fourth quarter. Eagle Asset Management Inc. now owns 276,434 shares of the construction company’s stock worth $6,617,000 after acquiring an additional 14,073 shares during the last quarter. Hedge funds and other institutional investors own 67.70% of the company’s stock.
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Willdan Group Company Profile
Willdan Group, Inc is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
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