The stock of Willdan Group, Inc. (NASDAQ:WLDN) is a huge mover today! The stock increased 8.82% or $1.5 on November 7, hitting $18.5. About 106,243 shares traded hands or 112.95% up from the average. Willdan Group, Inc. (NASDAQ:WLDN) has risen 64.25% since April 5, 2016 and is uptrending. It has outperformed by 62.29% the S&P500.
The move comes after 9 months positive chart setup for the $153.82M company. It was reported on Nov, 7 by Barchart.com. We have $27.01 PT which if reached, will make NASDAQ:WLDN worth $70.76 million more.
Analysts await Willdan Group, Inc. (NASDAQ:WLDN) to report earnings on November, 10. They expect $0.20 earnings per share, up 100.00% or $0.10 from last year’s $0.1 per share. WLDN’s profit will be $1.66 million for 23.13 P/E if the $0.20 EPS becomes a reality. After $0.37 actual earnings per share reported by Willdan Group, Inc. for the previous quarter, Wall Street now forecasts -45.95% negative EPS growth.
Willdan Group, Inc. (NASDAQ:WLDN) Ratings Coverage
Out of 2 analysts covering Willdan Group (NASDAQ:WLDN), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Willdan Group has been the topic of 5 analyst reports since September 1, 2015 according to StockzIntelligence Inc. Seaport Global Securities initiated the shares of WLDN in a report on Monday, January 18 with “Speculative Buy” rating. The stock of Willdan Group, Inc. (NASDAQ:WLDN) earned “Hold” rating by TheStreet on Tuesday, September 1. The stock of Willdan Group, Inc. (NASDAQ:WLDN) has “Outperform” rating given on Monday, November 7 by Wedbush. On Friday, January 15 the stock rating was initiated by Seaport Global Securities with “Speculative Buy”.
According to Zacks Investment Research, “Willdan Group is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. Nationwide, they enable their clients to realize cost and energy savings by providing a wide range of specialized services. They assist their clients with a broad range of complementary services relating to: Energy Efficiency and Sustainability; Engineering and Planning; Economic and Financial Consulting; and National Preparedness and Interoperability. They operate their business through a network of offices located primarily in California and New York. They also have operations in Arizona, Colorado, Florida, Illinois, Kansas, Oregon, Texas, Washington and Washington, DC.”
Insitutional Activity: The institutional sentiment increased to 1 in 2016 Q2. Its up 0.21, from 0.79 in 2016Q1. The ratio is positive, as 1 funds sold all Willdan Group, Inc. shares owned while 12 reduced positions. 2 funds bought stakes while 11 increased positions. They now own 2.64 million shares or 2.88% more from 2.56 million shares in 2016Q1.
Bard has 1.37% invested in the company for 243,664 shares. Moreover, Cadence Capital Mngmt Ltd Liability has 0.06% invested in Willdan Group, Inc. (NASDAQ:WLDN) for 71,449 shares. Spark Investment Mgmt Lc has 0.03% invested in the company for 27,500 shares. Dimensional Fund Lp accumulated 217,341 shares or 0% of the stock. Bridgeway Mgmt, a Texas-based fund reported 52,300 shares. The Pennsylvania-based Federated Investors Pa has invested 0% in Willdan Group, Inc. (NASDAQ:WLDN). Moreover, Manufacturers Life Ins The has 0% invested in Willdan Group, Inc. (NASDAQ:WLDN) for 511 shares. Globeflex Cap Lp owns 40 shares or 0% of their US portfolio. Pnc Financial Gru accumulated 0% or 200 shares. Perritt Capital last reported 0.27% of its portfolio in the stock. National Bank Of America De accumulated 30,925 shares or 0% of the stock. Tocqueville Asset Management Lp owns 206,394 shares or 0.03% of their US portfolio. Vanguard Gp has 0% invested in the company for 235,156 shares. Gsa Cap Partners Limited Liability Partnership holds 0.05% of its portfolio in Willdan Group, Inc. (NASDAQ:WLDN) for 81,048 shares. Blackrock Fund holds 0% of its portfolio in Willdan Group, Inc. (NASDAQ:WLDN) for 18,169 shares.
Insider Transactions: Since May 10, 2016, the stock had 3 insider buys, and 0 insider sales for $17,452 net activity. 25 shares were bought by McEachern Douglas James, worth $426 on Friday, September 16. Tipermas Marc sold $11,514 worth of stock or 1,042 shares.
More recent Willdan Group, Inc. (NASDAQ:WLDN) news were published by: Latimes.com which released: “Willdan Group looks beyond California to diversify its client base” on October 05, 2014. Also Streetinsider.com published the news titled: “Form 4 Willdan Group, Inc. For: Nov 02 Filed by: McLaughlin Stacy B.” on November 05, 2016. Businesswire.com‘s news article titled: “Willdan Group Reports Third Quarter 2016 Financial Results” with publication date: November 03, 2016 was also an interesting one.
WLDN Company Profile
Willdan Group, Inc., incorporated on February 13, 2006, is a holding company. The Firm provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government. The Firm operates through four divisions: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services. The Firm assists its clients with a range of complementary services relating to energy efficiency and sustainability; engineering and planning; economic and financial consulting, and national preparedness and interoperability. The Company’s client base comprises public and private utilities, commercial and industrial firms, cities, counties, special districts, other local and state agencies, and tribal governments.
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