Willdan Group (WLDN) Scheduled to Post Earnings on Thursday

Willdan Group (NASDAQ:WLDN) will release its earnings data after the market closes on Thursday, October 31st. Analysts expect Willdan Group to post earnings of $0.46 per share for the quarter. Willdan Group has set its FY 2024 guidance at 2.000-2.100 EPS and its FY24 guidance at $2.00-2.10 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Willdan Group (NASDAQ:WLDN) last released its quarterly earnings results on Thursday, August 1st. The construction company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.15. Willdan Group had a net margin of 3.10% and a return on equity of 12.06%. The company had revenue of $141.00 million during the quarter, compared to analysts’ expectations of $123.07 million. During the same quarter in the prior year, the company earned $0.19 earnings per share. On average, analysts expect Willdan Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Willdan Group Trading Up 2.1 %

Shares of NASDAQ:WLDN opened at $46.28 on Tuesday. The firm has a market cap of $647.46 million, a price-to-earnings ratio of 37.63 and a beta of 1.41. Willdan Group has a 12 month low of $17.13 and a 12 month high of $46.90. The company’s fifty day simple moving average is $40.69 and its 200 day simple moving average is $34.63. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.40.

Analyst Ratings Changes

Several research firms have issued reports on WLDN. StockNews.com downgraded Willdan Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 9th. Wedbush began coverage on Willdan Group in a research report on Tuesday, September 3rd. They issued an “outperform” rating and a $51.00 target price on the stock. Finally, Roth Mkm boosted their target price on Willdan Group from $34.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, August 2nd.

Insider Buying and Selling at Willdan Group

In other news, CFO Creighton K. Early sold 10,000 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $36.45, for a total transaction of $364,500.00. Following the completion of the transaction, the chief financial officer now directly owns 68,342 shares in the company, valued at $2,491,065.90. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO Michael A. Bieber sold 10,346 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $36.61, for a total transaction of $378,767.06. Following the transaction, the chief executive officer now directly owns 169,726 shares in the company, valued at approximately $6,213,668.86. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Creighton K. Early sold 10,000 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $36.45, for a total transaction of $364,500.00. Following the completion of the sale, the chief financial officer now owns 68,342 shares of the company’s stock, valued at approximately $2,491,065.90. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,305 shares of company stock worth $1,105,451. Insiders own 9.80% of the company’s stock.

About Willdan Group

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.