Willdan Group (WLDN) Stock Price, News & Analysis

Company Overview

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. The Engineering and Consulting segment provides building and safety, city engineering and code enforcement, development plan review and inspection, disaster recovery, geotechnical and earthquake engineering, planning and surveying, contract staff support, program and construction management, structural engineering, transportation and traffic engineering, and water resources services. This segment also offers district administration, financial consulting, and federal compliance services. It serves public and governmental agencies, including cities, counties, redevelopment agencies, water districts, school districts, and universities; investor and municipal owned energy utilities; state and federal agencies; and commercial and industrial firms, as well as various other special districts and agencies. The company was founded in 1964 and is headquartered in Anaheim, California.

Key Stats

• Today's Range: $40.09 to $41.12
• 50-Day Range: $40.40 to $47.70
• 52-Week Range: $17.23 to $50.00
• Volume: 27,814 shs
• Average Volume: 104,668 shs
• Market Capitalization: $568.25 million
• P/E Ratio: 24.68
• Dividend Yield: N/A
• Price Target: $49.00
• Consensus Rating: Buy

Willdan Group Stock Analysis - MarketRank™

Willdan Group scored higher than 88% of companies evaluated by MarketBeat, and ranked 49th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Willdan Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Willdan Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.34%

Earnings Growth

Earnings for Willdan Group are expected to grow by 9.34% in the coming year, from $1.82 to $1.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Willdan Group is 24.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Willdan Group is 24.68, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 45.88.

Price to Book Value per Share Ratio

Willdan Group has a P/B Ratio of 2.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.39% of the outstanding shares of Willdan Group have been sold short.

Short Interest Ratio / Days to Cover

Willdan Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Willdan Group has recently increased by 15.29%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Willdan Group does not currently pay a dividend.

Dividend Growth

Willdan Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.1 / 5
• Environmental Score: -0.38

Percentage of Shares Shorted

3.39% of the outstanding shares of Willdan Group have been sold short.

Short Interest Ratio / Days to Cover

Willdan Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Willdan Group has recently increased by 15.29%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.67

News Sentiment

Willdan Group has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Willdan Group this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for WLDN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Willdan Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Willdan Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $936,061.00 in company stock.

Percentage Held by Insiders

Only 9.80% of the stock of Willdan Group is held by insiders.

Percentage Held by Institutions

72.29% of the stock of Willdan Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WLDN Stock Analysis - Frequently Asked Questions

How have WLDN shares performed this year?

Willdan Group's stock was trading at $21.50 at the beginning of 2024. Since then, WLDN shares have increased by 87.1% and is now trading at $40.23.
View the best growth stocks for 2024 here.

How were Willdan Group's earnings last quarter?

Willdan Group, Inc. (NASDAQ:WLDN) announced its quarterly earnings data on Thursday, August, 1st. The construction company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.15. The construction company earned $141 million during the quarter, compared to the consensus estimate of $123.07 million. Willdan Group had a trailing twelve-month return on equity of 13.84% and a net margin of 3.97%.

Does Willdan Group have any subsidiaries?

Willdan Group subsidiaries include these companies: Onsite Energy, The Weidt Group, Lime Energy, Newcomb Anderson McCormick, Integral Analytics, Intergy, Abacus Resource Management Company, and others.

Who are Willdan Group's major shareholders?

Top institutional investors of Willdan Group include Forager Capital Management LLC (5.69%), Lord Abbett & CO. LLC (2.70%), Swedbank AB (2.64%) and Swedbank AB (2.61%). Insiders that own company stock include Fund LP Forager, Thomas Donald Brisbin, Michael A Bieber, Creighton K Early, Micah Chen, Mohammad Shahidehpour, Dennis V Mcginn and Paul Milton Whitelaw.
View institutional ownership trends.

How do I buy shares of Willdan Group?

Shares of WLDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Willdan Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Willdan Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Engineering services
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:WLDN
• CUSIP: N/A
• CIK: 1370450
• Web: www.willdan.com
• Phone: (800) 424-9144
• Fax: 714-940-4920
• Employees: 1,616
• Year Founded: 1964

Price Target and Rating

• Average Stock Price Target: $49.00
• High Stock Price Target: $51.00
• Low Stock Price Target: $47.00
• Potential Upside/Downside: +21.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.63
• Trailing P/E Ratio: 24.79
• Forward P/E Ratio: 22.20
• P/E Growth: N/A
• Net Income: $10.93 million
• Net Margins: 3.97%
• Pretax Margin: 4.63%
• Return on Equity: 13.84%
• Return on Assets: 6.89%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 1.77
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: $577.41 million
• Price / Sales: 0.99
• Cash Flow: $2.61 per share
• Price / Cash Flow: 15.50
• Book Value: $14.64 per share
• Price / Book: 2.76

Miscellaneous

• Outstanding Shares: 14,125,000
• Free Float: 12,741,000
• Market Cap: $570.65 million
• Optionable: Optionable
• Beta: 1.36