November 23, 2016 - By Ellis Scott
The financial company have set target price of $23 on Willdan Group (NASDAQ:WLDN) shares. This is 2.95% from the last price. In analysts report revealed to investors on Wednesday, 23 November, Wedbush restate their “Outperform” rating on shares of WLDN.
Out of 2 analysts covering Willdan Group (NASDAQ:WLDN), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $20 is the highest target while $13 is the lowest. The $16.50 average target is -26.14% below today’s ($22.34) stock price. Willdan Group has been the topic of 5 analyst reports since September 1, 2015 according to StockzIntelligence Inc. Seaport Global Securities initiated Willdan Group, Inc. (NASDAQ:WLDN) rating on Friday, January 15. Seaport Global Securities has “Speculative Buy” rating and $13.0 price target. The rating was upgraded by TheStreet on Tuesday, September 1 to “Hold”. The company was maintained on Monday, November 7 by Wedbush. As per Monday, January 18, the company rating was initiated by Seaport Global Securities.
The stock closed at $22.34 during the last session. It is down 106.47% since April 21, 2016 and is uptrending. It has outperformed by 101.14% the S&P500.
Insitutional Activity: The institutional sentiment increased to 2.4 in 2016 Q2. Its up 1.40, from 1 in 2016Q1. The ratio increased, as 1 funds sold all Willdan Group, Inc. shares owned while 12 reduced positions. 2 funds bought stakes while 11 increased positions. They now own 2.64 million shares or 2.88% more from 2.56 million shares in 2016Q1.
Walleye Trading Limited Company holds 0% or 898 shares in its portfolio. Deutsche State Bank Ag last reported 0% of its portfolio in the stock. Perritt Cap Mgmt Incorporated holds 0.27% or 98,070 shares in its portfolio. Bard Associates Inc has 243,664 shares for 1.37% of their US portfolio. Blackrock Grp Limited last reported 12,520 shares in the company. Blackrock Fund holds 18,169 shares or 0% of its portfolio. Dimensional Fund Advsrs L P accumulated 217,341 shares or 0% of the stock. Gsa Capital Prns Llp accumulated 81,048 shares or 0.05% of the stock. Rbf Capital Ltd last reported 0.41% of its portfolio in the stock. Renaissance Limited Company last reported 0.01% of its portfolio in the stock. Globeflex Capital Lp last reported 0% of its portfolio in the stock. Federated Invsts Incorporated Pa has invested 0% of its portfolio in Willdan Group, Inc. (NASDAQ:WLDN). National Bank & Trust Of America De has invested 0% of its portfolio in Willdan Group, Inc. (NASDAQ:WLDN). Geode Capital Management Ltd Liability has 34,711 shares for 0% of their US portfolio. Royal Commercial Bank Of Canada accumulated 33,600 shares or 0% of the stock.
Insider Transactions: Since May 31, 2016, the stock had 4 insider buys, and 3 insider sales for $360,929 net activity. Another trade for 1,122 shares valued at $16,778 was bought by McEachern Douglas James. Tipermas Marc also sold $38,280 worth of Willdan Group, Inc. (NASDAQ:WLDN) on Friday, November 11.
Willdan Group, Inc. is a holding company. The company has a market cap of $190.68 million. The Firm 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 has a 26.8 P/E ratio. It operates through four divisions: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services.
According to Zacks Investment Research, “Willdan Group is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. Nationwide, they enable their clients to realize cost and energy savings by providing a wide range of specialized services. They assist their clients with a broad range of complementary services relating to: Energy Efficiency and Sustainability; Engineering and Planning; Economic and Financial Consulting; and National Preparedness and Interoperability. They operate their business through a network of offices located primarily in California and New York. They also have operations in Arizona, Colorado, Florida, Illinois, Kansas, Oregon, Texas, Washington and Washington, DC.”
Willdan Group, Inc., incorporated on February 13, 2006, is a holding company. The Firm provides professional technical and consulting services to utilities, private industry and public agencies at all levels of government, primarily in California and New York. The Firm enables its clients to provide a range of specialized services without having to incur and maintain the overhead necessary to develop staffing in-house. The Firm operates through four divisions: Energy Efficiency Services, Engineering Services, Public Finance Services and Homeland Security Services. The Firm assists its clients with a range of complementary services relating to energy efficiency and sustainability, engineering and planning, economic and financial consulting, and national preparedness and interoperability. The Firm serves public and governmental agencies, including cities, counties, public utilities, redevelopment agencies, water districts, school districts and universities, state agencies, federal agencies, a range of other special districts and agencies, private utilities and industry and tribal governments.
More news for Willdan Group, Inc. (NASDAQ:WLDN) were recently published by: Latimes.com, which released: “Willdan Group looks beyond California to diversify its client base” on October 05, 2014. Businesswire.com‘s article titled: “Willdan Group to Participate in 2016 Southwest IDEAS Conference” and published on November 14, 2016 is yet another important article.
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By Ellis Scott