Brokerages expect Willdan Group, Inc. (NASDAQ:WLDN) to announce earnings per share (EPS) of $0.18 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Willdan Group’s earnings. Willdan Group also reported earnings per share of $0.18 in the same quarter last year. The business is expected to announce its next earnings report on Thursday, March 8th.

On average, analysts expect that Willdan Group will report full-year earnings of $1.16 per share for the current fiscal year, with EPS estimates ranging from $1.15 to $1.17. For the next fiscal year, analysts expect that the firm will post earnings of $1.42 per share, with EPS estimates ranging from $1.41 to $1.42. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Willdan Group.

Willdan Group (NASDAQ:WLDN) last announced its earnings results on Thursday, November 2nd. The construction company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.30 by $0.01. The firm had revenue of $69.00 million for the quarter, compared to the consensus estimate of $60.39 million. Willdan Group had a net margin of 3.90% and a return on equity of 18.10%. The company’s revenue for the quarter was up 17.5% compared to the same quarter last year.

Several research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Willdan Group from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Thursday, October 19th. Seaport Global Securities reiterated a “buy” rating and issued a $37.00 target price on shares of Willdan Group in a report on Wednesday, October 11th. ValuEngine downgraded shares of Willdan Group from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Finally, BidaskClub downgraded shares of Willdan Group from a “buy” rating to a “hold” rating in a report on Saturday, August 19th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Willdan Group presently has an average rating of “Buy” and an average price target of $36.50.

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Willdan Group (NASDAQ:WLDN) opened at $24.97 on Friday. The company has a market cap of $222.07, a price-to-earnings ratio of 22.70 and a beta of 1.21. Willdan Group has a twelve month low of $20.60 and a twelve month high of $36.87. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.03.

In other Willdan Group news, Director Raymond W. Holdsworth, Jr. bought 2,500 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were acquired at an average price of $25.73 per share, with a total value of $64,325.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Douglas James Mceachern bought 1,180 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was acquired at an average cost of $27.32 per share, for a total transaction of $32,237.60. The disclosure for this purchase can be found here. Insiders own 13.30% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Willdan Group by 8.0% in the first quarter. Vanguard Group Inc. now owns 271,616 shares of the construction company’s stock valued at $8,762,000 after acquiring an additional 20,036 shares during the period. Fiera Capital Corp increased its stake in Willdan Group by 56.2% in the second quarter. Fiera Capital Corp now owns 121,417 shares of the construction company’s stock valued at $3,709,000 after acquiring an additional 43,670 shares during the period. Rice Hall James & Associates LLC increased its stake in Willdan Group by 1.0% in the second quarter. Rice Hall James & Associates LLC now owns 9,926 shares of the construction company’s stock valued at $303,000 after acquiring an additional 103 shares during the period. Goldman Sachs Group Inc. increased its stake in Willdan Group by 52.5% in the second quarter. Goldman Sachs Group Inc. now owns 65,794 shares of the construction company’s stock valued at $2,010,000 after acquiring an additional 22,661 shares during the period. Finally, Morgan Stanley increased its stake in Willdan Group by 57.5% in the first quarter. Morgan Stanley now owns 93,206 shares of the construction company’s stock valued at $3,007,000 after acquiring an additional 34,043 shares during the period. 59.75% of the stock is currently owned by institutional investors and hedge funds.

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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Earnings History and Estimates for Willdan Group (NASDAQ:WLDN)

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