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Willdan Group (NASDAQ:WLDN) Inc. stock reached a significant milestone, hitting an all-time high of 73.01 USD. With a market capitalization of $1.05 billion, the company has earned a "GREAT" financial health rating according to InvestingPro analysis. This achievement marks a notable moment for the company, reflecting investor confidence and market momentum. Over the past year, Willdan Group Inc. has experienced a remarkable 142.7% increase in its stock price, demonstrating robust growth and strong performance. The company’s revenue grew by 12.4% in the last twelve months, while analysts maintain a Strong Buy consensus. According to InvestingPro, technical indicators suggest the stock is in overbought territory, with 18 additional ProTips available for subscribers. This surge can be attributed to various factors, including strategic business decisions and favorable market conditions, which have contributed to the company’s impressive financial trajectory. Trading at a P/E ratio of 28.9x, the stock appears overvalued compared to its InvestingPro Fair Value. As Willdan Group continues to innovate and expand its services, investors are closely monitoring its progress and potential for future growth, with comprehensive analysis available in the Pro Research Report, part of the extensive coverage of 1,400+ US equities on InvestingPro.
In other recent news, Willdan Group Inc. reported a strong performance for the first quarter of 2025, exceeding analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $0.63, surpassing the projected $0.44, while revenue reached $152.39 million, more than double the anticipated $73.1 million. Additionally, Willdan secured a $9.8 million contract to provide technical services for the California Public Utilities Commission’s Integrated Resource Plan. This contract continues their work in supporting California’s clean energy initiatives. The company also expanded its 2008 Performance Incentive Plan, increasing the share limit for award grants by 150,000 shares, following stockholder approval. During its annual meeting, Willdan’s stockholders elected seven directors and ratified Crowe LLP as the independent auditor for fiscal year 2025. Furthermore, Willdan has raised its financial targets for 2025, projecting net revenue between $325 million and $335 million, and adjusted EBITDA between $65 million and $68 million. The company’s strategic acquisitions and expanded services are noted as key drivers of this growth.
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