Canaccord Genuity set a $36.00 price objective on Willdan Group (NASDAQ:WLDN) in a research report report published on Sunday morning. The brokerage currently has a buy rating on the construction company’s stock.
Separately, Zacks Investment Research reissued a hold rating on shares of Willdan Group in a research note on Saturday, January 6th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of $36.50.
Willdan Group (NASDAQ WLDN) opened at $26.01 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.03. Willdan Group has a 12 month low of $19.25 and a 12 month high of $36.87. The firm has a market cap of $227.94, a P/E ratio of 17.69 and a beta of 1.20.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. lifted its stake in Willdan Group by 0.6% in the 4th quarter. BlackRock Inc. now owns 478,747 shares of the construction company’s stock worth $11,461,000 after purchasing an additional 3,054 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Willdan Group by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 414,920 shares of the construction company’s stock valued at $13,468,000 after buying an additional 6,232 shares during the period. Vanguard Group Inc. raised its position in shares of Willdan Group by 12.8% during the 2nd quarter. Vanguard Group Inc. now owns 306,407 shares of the construction company’s stock valued at $9,361,000 after buying an additional 34,791 shares during the period. Thrivent Financial For Lutherans raised its position in shares of Willdan Group by 33.5% during the 4th quarter. Thrivent Financial For Lutherans now owns 278,314 shares of the construction company’s stock valued at $6,663,000 after buying an additional 69,790 shares during the period. Finally, Eagle Asset Management Inc. raised its position in shares of Willdan Group by 5.4% during the 4th quarter. Eagle Asset Management Inc. now owns 276,434 shares of the construction company’s stock valued at $6,617,000 after buying an additional 14,073 shares during the period. 64.93% of the stock is currently owned by institutional investors and hedge funds.
About Willdan Group
Willdan Group, Inc is a holding company. The Company provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
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