Shares of Willdan Group Inc. (NASDAQ:WLDN) hit a new 52-week high during trading on Thursday . The company traded as high as $15.18 and last traded at $15.16, with a volume of 44,506 shares. The stock had previously closed at $14.70.

WLDN has been the topic of a number of recent research reports. Zacks Investment Research upgraded Willdan Group from a “sell” rating to a “hold” rating in a research note on Thursday, May 12th. Wedbush reaffirmed an “outperform” rating and issued a $15.00 price target (down previously from $17.00) on shares of Willdan Group in a report on Friday, August 5th.

The firm has a 50-day moving average price of $11.91 and a 200-day moving average price of $10.22. The firm has a market capitalization of $124.97 million and a P/E ratio of 22.96.

Willdan Group (NASDAQ:WLDN) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.37 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.14. The business earned $58.90 million during the quarter, compared to analyst estimates of $49.55 million. Equities analysts forecast that Willdan Group Inc. will post $0.87 earnings per share for the current fiscal year.

An institutional investor recently raised its position in Willdan Group stock. Dimensional Fund Advisors LP boosted its position in Willdan Group Inc. (NASDAQ:WLDN) by 4.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 211,857 shares of the company’s stock after buying an additional 9,789 shares during the period. Dimensional Fund Advisors LP owned about 2.68% of Willdan Group worth $1,775,000 at the end of the most recent reporting period.

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.