Willdan Group Inc (WLDN) Stock Surpasses Analyst Target Price of $130
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: NASDAQ.COM
- Price Breakthrough: Willdan Group's stock price reached $133.99 per share in recent trading, surpassing the analyst-set 12-month target price of $130, indicating market optimism about the company's future performance.
- Analyst Reactions: As the stock exceeds the target price, analysts may either downgrade their valuations or raise their target prices, reflecting confidence in improving fundamentals, which could attract more investor interest.
- Target Price Distribution: Among analysts covered by Zacks, Willdan's target prices range from $120 to $145, with a standard deviation of $13.228, indicating varying market perspectives on the company's future performance, necessitating cautious investor assessment.
- Investor Signal: The stock's breach of the target price provides a good signal for investors to reassess the company, prompting them to consider whether the current valuation is justified or if it is time to take profits to mitigate risk.
Analyst Views on WLDN
Wall Street analysts forecast WLDN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for WLDN is 128.50 USD with a low forecast of 112.00 USD and a high forecast of 145.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 129.210
Low
112.00
Averages
128.50
High
145.00
Current: 129.210
Low
112.00
Averages
128.50
High
145.00
About WLDN
Willdan Group, Inc. is a provider of professional, technical and consulting services to utilities, government agencies, and private industry. The Company’s segments include Energy, and Engineering and Consulting. Its Energy segment provides specialized, and comprehensive energy solutions to businesses, utilities, state agencies, municipalities, and non-profit organizations. Its Energy segment services include comprehensive audit and surveys, program design, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, and others. Its Engineering and Consulting segment provides civil engineering-related construction management, building and safety, city engineering office management, city planning, civil design, geotechnical, material testing and other engineering consulting services to its clients. Its Engineering and Consulting segment services include traffic, bridges, rail, port, water, mining and other civil engineering projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
