Willdan Group Inc (NASDAQ: WLDN) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Willdan Group Inc (NASDAQ: WLDN) has benefited from small positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
WLDN is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Willdan Group has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Willdan Group has a poor Appreciation Score of 25 but a slightly positive Power Rating of 69, producing the Low Neutral Value Trend Rating.
Recent Price Action
Willdan Group Inc (NASDAQ: WLDN) stock closed at $27.68 on 3/15/24 after a modest gain of 0.4%. Moreover, trading volume in this advance was exceptionally high at 266% of normal. The stock has risen 39.4% during the last week and has performed in line with the market over the last nine months.
Be the first to comment