Wall Street analysts predict that Willdan Group, Inc. (NASDAQ:WLDN – Get Rating) will post earnings per share of $0.21 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Willdan Group’s earnings. The highest EPS estimate is $0.30 and the lowest is $0.11. Willdan Group posted earnings of $0.24 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 12.5%. The firm is expected to announce its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that Willdan Group will report full year earnings of $1.76 per share for the current financial year, with EPS estimates ranging from $1.66 to $1.85. For the next fiscal year, analysts expect that the business will report earnings of $2.07 per share, with EPS estimates ranging from $2.03 to $2.10. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Willdan Group.
Willdan Group (NASDAQ:WLDN – Get Rating) last issued its quarterly earnings results on Thursday, May 5th. The construction company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.06. Willdan Group had a positive return on equity of 2.08% and a negative net margin of 2.30%. The business had revenue of $91.84 million for the quarter, compared to the consensus estimate of $91.26 million. During the same period in the prior year, the firm posted ($0.08) earnings per share.
WLDN has been the subject of several research analyst reports. TheStreet downgraded shares of Willdan Group from a “c” rating to a “d+” rating in a research report on Thursday, March 10th. StockNews.com began coverage on shares of Willdan Group in a report on Thursday, March 31st. They set a “hold” rating for the company.
Shares of WLDN stock traded down $0.78 during mid-day trading on Friday, hitting $26.62. 15,359 shares of the stock were exchanged, compared to its average volume of 43,523. The firm has a fifty day moving average of $27.98 and a 200 day moving average of $31.78. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.57. Willdan Group has a 52-week low of $23.32 and a 52-week high of $43.22. The company has a market cap of $351.65 million, a PE ratio of -39.15 and a beta of 1.23.
In related news, CEO Thomas Donald Brisbin sold 31,904 shares of Willdan Group stock in a transaction on Tuesday, March 15th. The shares were sold at an average price of $28.04, for a total transaction of $894,588.16. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Creighton K. Early sold 8,224 shares of Willdan Group stock in a transaction on Tuesday, March 15th. The stock was sold at an average price of $28.04, for a total transaction of $230,600.96. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 80,601 shares of company stock valued at $2,272,800. Corporate insiders own 12.30% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC increased its stake in Willdan Group by 1.0% in the fourth quarter. Citadel Advisors LLC now owns 35,532 shares of the construction company’s stock valued at $1,251,000 after purchasing an additional 365 shares during the period. Wulff Hansen & CO. boosted its holdings in shares of Willdan Group by 3.9% in the first quarter. Wulff Hansen & CO. now owns 12,515 shares of the construction company’s stock valued at $384,000 after acquiring an additional 471 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in shares of Willdan Group by 33.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 2,864 shares of the construction company’s stock valued at $101,000 after acquiring an additional 719 shares in the last quarter. Credit Suisse AG boosted its holdings in shares of Willdan Group by 9.3% in the third quarter. Credit Suisse AG now owns 9,163 shares of the construction company’s stock valued at $326,000 after acquiring an additional 778 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of Willdan Group by 4.5% in the fourth quarter. Stifel Financial Corp now owns 19,404 shares of the construction company’s stock valued at $684,000 after acquiring an additional 829 shares in the last quarter. Institutional investors own 75.17% of the company’s stock.
About Willdan Group (Get Rating)
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, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, and measurement and verification services, as well as software and data analytics.
Get a free copy of the Zacks research report on Willdan Group (WLDN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Willdan Group right now?
Before you consider Willdan Group, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Willdan Group wasn’t on the list.
While Willdan Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
Tags: #Willdan #Group #NASDAQWLDN #Expected #Announce #Earnings #Share #MarketBeat