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Looking for a Growth Stock? 3 Reasons Why Willdan (WLDN) is a Solid Choice
WilldanWilldan(US:WLDN) ZACKSยท2024-08-12 17:46

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - Willdan Group (WLDN) is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company operates in the energy efficiency and sustainability consulting sector, which is currently positioned for growth [3] Group 2: Earnings Growth - Willdan's historical EPS growth rate stands at 16.7%, with projected EPS growth of 12.6% for the current year, significantly outperforming the industry average of 6.2% [4] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Willdan is reported at 44.2%, well above the industry average of 9% [5] - Over the past 3-5 years, Willdan's annualized cash flow growth rate has been 12.7%, compared to the industry average of 7.7% [6] Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Willdan have been revised upward, with a 5.5% increase in the Zacks Consensus Estimate over the past month [7] Group 5: Investment Positioning - Willdan has achieved a Zacks Rank 1 (Strong Buy) and a Growth Score of B, indicating strong potential for outperformance in the growth stock category [8]