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Willdan (WLDN) Soars 6.7%: Is Further Upside Left in the Stock?
WilldanWilldan(US:WLDN) ZACKS·2024-09-20 20:51

Company Overview - Willdan Group (WLDN) shares increased by 6.7% to $41.12 in the last trading session, with a higher-than-average trading volume, compared to a 4.5% gain over the past four weeks [1] - The company is expanding geographically into high-growth states and diversifying its operations, particularly in the commercial sector with a focus on data centers [2] Financial Performance - Willdan is expected to report quarterly earnings of $0.55 per share, reflecting a year-over-year increase of 48.7%, with revenues projected at $141.7 million, up 6.8% from the previous year [3] - The consensus EPS estimate for the quarter has been revised 7% higher in the last 30 days, indicating a positive trend that typically leads to price appreciation [4] Industry Context - Willdan is part of the Zacks Business - Services industry, where another company, Healthcare Services (HCSG), saw a 1.3% increase to $11.81, with a 9.1% return over the past month [4] - HCSG's consensus EPS estimate has remained unchanged at $0.16, representing a year-over-year decline of 5.9%, and it currently holds a Zacks Rank of 4 (Sell) [5]