Willdan Group (NASDAQ:WLDN - Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Willdan Group has set its FY 2024 guidance at 2.000-2.100 EPS and its FY24 guidance at $2.00-2.10 EPS.Parties that wish to register for the company's conference call can do so using this link.
Willdan Group (NASDAQ:WLDN - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The construction company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.15. Willdan Group had a net margin of 3.10% and a return on equity of 12.06%. The company had revenue of $141.00 million for the quarter, compared to analyst estimates of $123.07 million. During the same quarter in the previous year, the firm posted $0.19 earnings per share. On average, analysts expect Willdan Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Willdan Group Stock Performance
Shares of NASDAQ WLDN traded down $0.25 during midday trading on Thursday, hitting $44.20. The company's stock had a trading volume of 74,883 shares, compared to its average volume of 95,222. The stock has a fifty day moving average price of $40.37 and a 200 day moving average price of $34.34. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $618.36 million, a price-to-earnings ratio of 36.14 and a beta of 1.41. Willdan Group has a one year low of $17.09 and a one year high of $46.64.
Insiders Place Their Bets
In other Willdan Group news, CEO Michael A. Bieber sold 750 shares of the business's stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $36.46, for a total value of $27,345.00. Following the completion of the transaction, the chief executive officer now owns 169,726 shares of the company's stock, valued at $6,188,209.96. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Michael A. Bieber sold 10,346 shares of the company's stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $36.61, for a total value of $378,767.06. Following the completion of the sale, the chief executive officer now owns 169,726 shares of the company's stock, valued at approximately $6,213,668.86. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael A. Bieber sold 750 shares of the company's stock in a transaction on Monday, August 12th. The shares were sold at an average price of $36.46, for a total transaction of $27,345.00. Following the completion of the sale, the chief executive officer now directly owns 169,726 shares of the company's stock, valued at $6,188,209.96. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,305 shares of company stock valued at $1,105,451 in the last quarter. Corporate insiders own 9.80% of the company's stock.
Analyst Ratings Changes
A number of analysts recently weighed in on WLDN shares. Wedbush started coverage on shares of Willdan Group in a report on Tuesday, September 3rd. They set an "outperform" rating and a $51.00 target price on the stock. Roth Mkm boosted their price target on shares of Willdan Group from $34.00 to $47.00 and gave the stock a "buy" rating in a research note on Friday, August 2nd. Finally, StockNews.com cut shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, October 9th.
Check Out Our Latest Research Report on Willdan Group
Willdan Group Company Profile
(
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Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.
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