Willdan Group, Inc. (NASDAQ:WLDN) is expected to report earnings of $0.21 per share
Wall Street analysts predict that Willdan Group, Inc. (NASDAQ:WLDN – Get a rating) will post earnings per share of $0.21 for the current fiscal quarter, according to Zacks. Two analysts provided earnings estimates for the Willdan Group. The highest EPS estimate is $0.30 and the lowest is $0.11. Willdan Group posted earnings of $0.24 per share in the same quarter last year, suggesting a negative 12.5% year-over-year growth rate. The company is expected to announce its next quarterly earnings report on Monday, January 1.
On average, analysts expect Willdan Group to report annual earnings of $1.76 per share for the current fiscal year, with EPS estimates ranging from $1.66 to $1.85. For the next fiscal year, analysts expect the company to report earnings of $2.07 per share, with EPS estimates ranging from $2.03 to $2.10. Zacks’ earnings per share calculations are an average average based on a survey of sell-side analysts who cover the Willdan Group.
Willdan Group (NASDAQ:WLDN – Get a rating) last released its quarterly results on Thursday, May 5. The construction company reported ($0.13) earnings per share (EPS) for the quarter, beating analyst consensus estimates of ($0.19) by $0.06. Willdan Group recorded a positive return on equity of 2.08% and a negative net margin of 2.30%. The company posted revenue of $91.84 million for the quarter, versus a consensus estimate of $91.26 million. During the same period of the previous year, the company 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 Thursday, March 10 research report. StockNews.com began covering Willdan Group shares in a report on Thursday, March 31. They set a “hold” rating for the company.
Shares of WLDN traded down $0.78 during the midday session on Friday, hitting $26.62. 15,359 shares were traded, against an average volume of 43,523. The company 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 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 capitalization 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 Willdan Group shares in a trade on Tuesday, March 15. 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, accessible via this link. Also, CFO Creighton K. Early sold 8,224 Willdan Group shares in a trade on Tuesday, March 15. The stock was sold at an average price of $28.04, for a total transaction of $230,600.96. Disclosure of this sale can be found here. In the past ninety days, insiders have sold 80,601 shares of the company valued at $2,272,800. Company insiders own 12.30% of the company’s shares.
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. 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 valued at $1,251,000 after purchasing an additional 365 shares during the period. Wulff Hansen & CO. increased its holdings of Willdan Group shares by 3.9% in the first quarter. Wulff Hansen & CO. now owns 12,515 shares of the construction company valued at $384,000 after acquiring 471 additional shares last quarter. BNP Paribas Arbitrage SA increased its stake in Willdan Group shares by 33.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 2,864 shares in the construction company valued at $101,000 after acquiring 719 additional shares last quarter. Credit Suisse AG increased its stake in Willdan Group shares by 9.3% in the third quarter. Credit Suisse AG now owns 9,163 shares of the construction company valued at $326,000 after acquiring 778 additional shares last quarter. Finally, Stifel Financial Corp increased its stake in Willdan Group shares by 4.5% in the fourth quarter. Stifel Financial Corp now owns 19,404 shares of the construction company valued at $684,000 after acquiring 829 additional shares last quarter. Institutional investors hold 75.17% of the company’s shares.
About Willdan Group (Get a 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 investigation, program design, master planning, demand reduction, network optimization, benchmarking, design engineering, construction, performance contracts, installation, alternative financing and measurement and verification, as well as analytical software and data.
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