Willdan Group (WLDN) Stock Rating Upgraded by BidaskClub

Willdan Group (NASDAQ:WLDN) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.

WLDN has been the topic of a number of other research reports. ValuEngine upgraded Willdan Group from a “hold” rating to a “buy” rating in a research report on Friday, November 2nd. Canaccord Genuity lifted their target price on Willdan Group from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Monday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Willdan Group has a consensus rating of “Buy” and a consensus price target of $36.33.

NASDAQ:WLDN traded down $0.20 on Wednesday, reaching $37.46. The company’s stock had a trading volume of 758 shares, compared to its average volume of 113,116. Willdan Group has a 12-month low of $19.25 and a 12-month high of $38.43. The company has a market capitalization of $409.20 million, a P/E ratio of 31.74 and a beta of 1.37.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Eagle Asset Management Inc. grew its stake in shares of Willdan Group by 11.0% in the third quarter. Eagle Asset Management Inc. now owns 414,094 shares of the construction company’s stock valued at $14,062,000 after buying an additional 40,877 shares in the last quarter. Cadence Capital Management LLC grew its stake in shares of Willdan Group by 20.0% in the third quarter. Cadence Capital Management LLC now owns 94,780 shares of the construction company’s stock valued at $3,219,000 after buying an additional 15,827 shares in the last quarter. Teton Advisors Inc. acquired a new stake in shares of Willdan Group in the third quarter valued at $849,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Willdan Group in the third quarter valued at $228,000. Finally, Rice Hall James & Associates LLC grew its stake in shares of Willdan Group by 1.9% in the third quarter. Rice Hall James & Associates LLC now owns 175,718 shares of the construction company’s stock valued at $5,967,000 after buying an additional 3,315 shares in the last quarter. 68.22% of the stock is owned by institutional investors and hedge funds.

About Willdan Group

Willdan Group, Inc, together with its subsidiaries, provides professional technical and consulting services to utilities, private industry, and public agencies at various levels of government primarily in the Unites States. It operates through four segments: Energy Efficiency Services, Engineering Services, Public Finance Services, and Homeland Security Services.

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