Shares of Willdan Group Inc. (NASDAQ:WLDN) were up 5.4% on Monday . The company traded as high as $16.84 and last traded at $16.72, with a volume of 102,907 shares. The stock had previously closed at $15.86.

A number of analysts recently weighed in on WLDN shares. Zacks Investment Research upgraded shares of Willdan Group from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a report on Thursday, June 2nd. Wedbush restated an “outperform” rating and set a $15.00 target price (down from $17.00) on shares of Willdan Group in a report on Friday, August 5th.

The firm has a market cap of $137.83 million and a price-to-earnings ratio of 25.32. The firm’s 50-day moving average price is $12.53 and its 200-day moving average price is $10.48.

Willdan Group (NASDAQ:WLDN) last issued its earnings results on Thursday, August 4th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.14. The firm earned $58.90 million during the quarter, compared to the consensus estimate of $49.55 million. 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 stake in shares of Willdan Group Inc. (NASDAQ:WLDN) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 211,857 shares of the company’s stock after buying an additional 9,789 shares during the period. Dimensional Fund Advisors LP owned approximately 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.

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