Willdan Group (NASDAQ:WLDN) Upgraded by Wedbush to “Strong-Buy” Rating

Willdan Group (NASDAQ:WLDN) was upgraded by research analysts at Wedbush to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Separately, StockNews.com cut Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Monday, March 3rd.

Willdan Group Trading Down 3.6 %

Shares of NASDAQ WLDN opened at $40.30 on Monday. The company has a market cap of $569.24 million, a PE ratio of 24.72 and a beta of 1.41. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. The firm’s 50 day moving average price is $35.63 and its 200-day moving average price is $39.58. Willdan Group has a 52-week low of $24.21 and a 52-week high of $50.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Willdan Group by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company’s stock worth $275,000 after purchasing an additional 304 shares during the period. Navellier & Associates Inc. increased its holdings in Willdan Group by 4.4% during the fourth quarter. Navellier & Associates Inc. now owns 8,154 shares of the construction company’s stock valued at $311,000 after buying an additional 341 shares during the last quarter. Wulff Hansen & CO. raised its position in Willdan Group by 1.6% in the fourth quarter. Wulff Hansen & CO. now owns 22,821 shares of the construction company’s stock worth $869,000 after acquiring an additional 370 shares during the period. Stifel Financial Corp boosted its stake in shares of Willdan Group by 2.9% during the 4th quarter. Stifel Financial Corp now owns 16,494 shares of the construction company’s stock worth $628,000 after acquiring an additional 461 shares during the last quarter. Finally, Inspire Investing LLC grew its position in shares of Willdan Group by 2.4% during the 4th quarter. Inspire Investing LLC now owns 21,390 shares of the construction company’s stock valued at $815,000 after acquiring an additional 501 shares during the period. Institutional investors own 72.29% of the company’s stock.

About Willdan Group

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.