Willdan Group (WLDN) Upgraded at BidaskClub

BidaskClub upgraded shares of Willdan Group (NASDAQ:WLDN) from a hold rating to a buy rating in a research note released on Wednesday.

A number of other equities research analysts have also issued reports on WLDN. ValuEngine raised Willdan Group from a hold rating to a buy rating in a research note on Friday, November 2nd. Canaccord Genuity raised their price target on Willdan Group from $36.00 to $40.00 and gave the stock a buy rating in a research note on Monday, November 5th. Finally, Wedbush raised their price target on Willdan Group from $40.00 to $45.00 and gave the stock an outperform rating in a research note on Monday, November 12th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of $38.50.

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Shares of WLDN stock opened at $38.12 on Wednesday. Willdan Group has a 52-week low of $20.92 and a 52-week high of $39.00. The company has a market cap of $409.75 million, a P/E ratio of 32.31 and a beta of 1.05.

Hedge funds have recently modified their holdings of the stock. Vestor Capital LLC purchased a new position in Willdan Group during the 4th quarter worth $128,000. Legal & General Group Plc grew its stake in Willdan Group by 31.5% during the 4th quarter. Legal & General Group Plc now owns 1,507 shares of the construction company’s stock worth $53,000 after buying an additional 361 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in Willdan Group by 13.8% during the 4th quarter. Thrivent Financial for Lutherans now owns 287,959 shares of the construction company’s stock worth $10,073,000 after buying an additional 34,940 shares during the last quarter. Metropolitan Life Insurance Co. NY purchased a new stake in Willdan Group during the 4th quarter valued at about $112,000. Finally, MetLife Investment Advisors LLC purchased a new stake in Willdan Group during the 4th quarter valued at about $160,000. 58.73% of the stock is owned by hedge funds and other institutional investors.

Willdan Group Company Profile

Willdan Group, Inc, together with its subsidiaries, provides professional technical and consulting services to utilities, private industry, and public agencies at various levels of government primarily in the Unites States. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services, and Homeland Security Services.

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