Surging Earnings Estimates Signal Upside for Willdan (WLDN) Stock

Core Viewpoint - Willdan Group (WLDN) is positioned as a strong investment opportunity due to its improving earnings outlook and analysts' increasing earnings estimates [1][2]. Earnings Estimates - Analysts are optimistic about Willdan's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2]. - The consensus earnings estimate for the current quarter is $0.81 per share, reflecting a year-over-year increase of +11.0% [7]. - For the full year, the earnings estimate has risen to $3.60 per share, indicating a significant change of +48.2% from the previous year [8]. Estimate Revisions - Over the past 30 days, the Zacks Consensus Estimate for Willdan has increased by 12.98%, with no negative revisions reported [7]. - The consensus estimate for the current year has increased by 33.4%, supported by two upward revisions and no negative changes [9]. Zacks Rank - Willdan currently holds a Zacks Rank 1 (Strong Buy), which is based on favorable estimate revisions and has historically outperformed the market [10]. - Stocks with a Zacks Rank 1 and 2 have shown significant outperformance compared to the S&P 500 [10]. Stock Performance - Willdan shares have appreciated by 29.4% over the past four weeks, indicating strong investor confidence in the company's earnings growth potential [11].