Stock Rating Upgrade
In the last week the Value Trend Rating for Willdan Group Inc (NASDAQ: WLDN) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 11/8/24, Willdan Group Inc (NASDAQ: WLDN) stock rose modestly by 1.0%, closing at $43.79. Moreover, this advance was accompanied by above average trading volume at 129% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -7.4% during the last week.
Current PriceTarget Research Rating
WLDN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Willdan Group has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Willdan Group has a slightly negative Appreciation Score of 31 but a very high Power Rating of 97, leading to the Positive Value Trend Rating.
Be the first to comment