The stock of Willdan Group, Inc. (NASDAQ:WLDN) reached all time high today, Nov, 16 and still has $57.83 target or 188.00% above today’s $20.08 share price. This indicates more upside for the $174.72M company. This technical setup was reported by Barchart.com. If the $57.83 PT is reached, the company will be worth $328.47 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 65,759 shares traded hands or 7.71% up from the average. Willdan Group, Inc. (NASDAQ:WLDN) has risen 88.54% since April 14, 2016 and is uptrending. It has outperformed by 83.86% the S&P500.
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. TheStreet upgraded the shares of WLDN in a report on Tuesday, September 1 to “Hold” rating. The stock of Willdan Group, Inc. (NASDAQ:WLDN) has “Speculative Buy” rating given on Monday, January 18 by Seaport Global Securities. The stock of Willdan Group, Inc. (NASDAQ:WLDN) has “Outperform” rating given on Monday, November 7 by Wedbush. Seaport Global Securities initiated Willdan Group, Inc. (NASDAQ:WLDN) rating on Friday, January 15. Seaport Global Securities has “Speculative Buy” rating and $13.0 price target.
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 improved, 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.
Moreover, California Pub Employees Retirement Systems has 0% invested in Willdan Group, Inc. (NASDAQ:WLDN) for 12,100 shares. Deutsche Comml Bank Ag has 19,352 shares for 0% of their US portfolio. Gsa Capital Ptnrs Ltd Liability Partnership has 81,048 shares for 0.05% of their US portfolio. Moreover, Commercial Bank Of America De has 0% invested in Willdan Group, Inc. (NASDAQ:WLDN) for 30,925 shares. Blackrock Grp Inc Ltd reported 12,520 shares or 0% of all its holdings. James Inv Rech last reported 6,146 shares in the company. Pnc Financial Ser Group Inc Incorporated holds 0% or 200 shares in its portfolio. Oxford Asset Management owns 14,769 shares or 0.01% of their US portfolio. Manufacturers Life Ins The holds 511 shares or 0% of its portfolio. The New York-based Tocqueville Asset Mgmt Ltd Partnership has invested 0.03% in Willdan Group, Inc. (NASDAQ:WLDN). Geode Cap Mngmt Ltd Limited Liability Company, a Massachusetts-based fund reported 34,711 shares. Globeflex Capital Lp has invested 0% of its portfolio in Willdan Group, Inc. (NASDAQ:WLDN). Morgan Stanley reported 30,617 shares or 0% of all its holdings. Spark Investment Mgmt Lc reported 27,500 shares or 0.03% of all its holdings. Royal Bankshares Of Canada has 33,600 shares for 0% of their US portfolio.
Insider Transactions: Since May 31, 2016, the stock had 4 buys, and 2 selling transactions for $293,958 net activity. 15,566 shares were sold by Tipermas Marc, worth $293,628 on Wednesday, November 9. McEachern Douglas James had bought 25 shares worth $426.
More recent Willdan Group, Inc. (NASDAQ:WLDN) news were published by: Finance.Yahoo.com which released: “Zacks.com featured highlights: SPS Commerce, CryoLife, FormFactor, Willdan …” on November 10, 2016. Also Streetinsider.com published the news titled: “Form 4/A Willdan Group, Inc. For: Nov 03 Filed by: BIEBER MICHAEL A” on November 15, 2016. Nasdaq.com‘s news article titled: “The Zacks Analyst Blog Highlights: Willdan Group, Gibraltar Industries, MasTec …” with publication date: November 16, 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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