Willdan Group Inc. (WLDN) Reaches New 12-Month High at $18.72
Willdan Group Inc. (NASDAQ:WLDN)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $18.72 and last traded at $18.09, with a volume of 115,146 shares trading hands. The stock had previously closed at $17.96.
Several brokerages recently issued reports on WLDN. Wedbush reiterated an “outperform” rating and set a $15.00 price target (down previously from $17.00) on shares of Willdan Group in a research report on Friday, August 5th. Zacks Investment Research upgraded shares of Willdan Group from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research report on Thursday, June 2nd.
The firm has a market cap of $148.61 million and a price-to-earnings ratio of 27.300. The firm has a 50 day moving average price of $13.36 and a 200 day moving average price of $10.81.
Willdan Group (NASDAQ:WLDN) last posted its earnings results on Thursday, August 4th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.14. The company had revenue of $58.90 million for the quarter, compared to analysts’ expectations of $49.55 million. On average, equities analysts expect that Willdan Group Inc. will post $0.87 EPS for the current year.
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. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
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