Willdan Group (NASDAQ:WLDN) Raised to “Strong-Buy” at Wedbush

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

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

Willdan Group Trading Down 0.5 %

Shares of WLDN stock opened at $40.11 on Monday. Willdan Group has a 12-month low of $24.77 and a 12-month high of $50.00. The company has a market capitalization of $566.55 million, a P/E ratio of 24.61 and a beta of 1.41. The firm has a 50-day moving average price of $35.67 and a 200 day moving average price of $39.61. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.37.

Institutional Investors Weigh In On Willdan Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WLDN. Quantbot Technologies LP acquired a new stake in Willdan Group in the 3rd quarter valued at about $26,000. Farther Finance Advisors LLC acquired a new stake in shares of Willdan Group during the 4th quarter worth approximately $40,000. Tower Research Capital LLC TRC grew its position in shares of Willdan Group by 470.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the construction company’s stock worth $64,000 after buying an additional 1,387 shares during the period. Legal & General Group Plc grew its position in shares of Willdan Group by 26.4% during the 4th quarter. Legal & General Group Plc now owns 2,597 shares of the construction company’s stock worth $99,000 after buying an additional 542 shares during the period. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Willdan Group during the 4th quarter worth approximately $125,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Willdan Group Company Profile

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.