Shares of Willbros Group Inc. (NYSE:WG) traded down 2.7% on Wednesday . The stock traded as low as $2.55 and last traded at $2.56, with a volume of 95,934 shares trading hands. The stock had previously closed at $2.63.

Several analysts recently weighed in on the company. Zacks Investment Research lowered Willbros Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 4th. Credit Suisse Group AG reduced their price objective on Willbros Group from $2.50 to $1.90 and set an “underperform” rating on the stock in a research note on Monday, March 14th. Avondale Partners reduced their price objective on Willbros Group from $2.50 to $2.25 and set a “market perform” rating on the stock in a research note on Friday, March 11th. Finally, Morgan Stanley raised Willbros Group to an “equal weight” rating in a research note on Friday, June 24th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Willbros Group has an average rating of “Hold” and a consensus price target of $1.72.

The stock has a market capitalization of $164.94 million and a PE ratio of 6.1674. The company’s 50-day moving average is $2.87 and its 200-day moving average is $2.36.

Willbros Group (NYSE:WG) last released its quarterly earnings data on Tuesday, May 3rd. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by $0.02. The company earned $199 million during the quarter, compared to the consensus estimate of $210.18 million. During the same quarter last year, the firm posted ($0.20) EPS. The business’s revenue for the quarter was down 20.5% compared to the same quarter last year. Analysts anticipate that Willbros Group Inc. will post ($0.25) EPS for the current fiscal year.

An institutional investor recently bought a new position in Willbros Group stock. Royce & Associates LLC acquired a new position in shares of Willbros Group Inc. (NYSE:WG) during the fourth quarter, Holdings Channel reports. The firm acquired 660,028 shares of the company’s stock, valued at approximately $1,775,000. Royce & Associates LLC owned about 1.06% of Willbros Group at the end of the most recent reporting period.

Willbros Group, Inc (Willbros) is a specialty energy infrastructure contractor serving the oil, gas, refining, petrochemical and power industries. The Company’s offerings include construction, maintenance and facilities development services. The Company operates through three segments: Oil & Gas, Utility T&D and Canada.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.