Bowman Consulting Group (BWMN) to Release Quarterly Earnings on Monday

Bowman Consulting Group (NASDAQ:BWMN) is set to post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Bowman Consulting Group to post earnings of $0.22 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Bowman Consulting Group (NASDAQ:BWMN) last posted its quarterly earnings results on Monday, March 11th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.38. Bowman Consulting Group had a positive return on equity of 5.14% and a negative net margin of 1.96%. The business had revenue of $92.97 million during the quarter, compared to analysts’ expectations of $88.68 million. On average, analysts expect Bowman Consulting Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bowman Consulting Group Stock Performance

BWMN opened at $31.30 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.17. The stock has a market cap of $482.33 million, a price-to-earnings ratio of -59.85 and a beta of 1.21. Bowman Consulting Group has a 12-month low of $25.52 and a 12-month high of $42.90. The business has a 50 day moving average of $34.20 and a 200-day moving average of $32.48.

Analyst Ratings Changes

A number of equities analysts have commented on BWMN shares. B. Riley reaffirmed a “buy” rating and set a $47.00 price objective (up from $44.00) on shares of Bowman Consulting Group in a research report on Wednesday, March 13th. Roth Mkm reiterated a “buy” rating and issued a $49.00 price target on shares of Bowman Consulting Group in a research note on Monday, April 8th. DA Davidson raised their price objective on shares of Bowman Consulting Group from $36.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th. Finally, TheStreet raised Bowman Consulting Group from a “c” rating to a “b-” rating in a research report on Wednesday, February 14th. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Bowman Consulting Group presently has an average rating of “Buy” and a consensus target price of $47.00.

Insider Buying and Selling

In other Bowman Consulting Group news, CEO Gary Bowman sold 114,705 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $34.00, for a total value of $3,899,970.00. Following the sale, the chief executive officer now owns 977,225 shares of the company’s stock, valued at approximately $33,225,650. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO Gary Bowman sold 114,705 shares of Bowman Consulting Group stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $34.00, for a total transaction of $3,899,970.00. Following the sale, the chief executive officer now directly owns 977,225 shares of the company’s stock, valued at approximately $33,225,650. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Bruce J. Labovitz sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $37.43, for a total transaction of $93,575.00. Following the completion of the sale, the chief financial officer now owns 303,288 shares in the company, valued at approximately $11,352,069.84. The disclosure for this sale can be found here. Insiders sold 184,469 shares of company stock valued at $6,391,454 over the last quarter. 20.40% of the stock is owned by company insiders.

Bowman Consulting Group Company Profile

Bowman Consulting Group Ltd. provides a range of real estate, energy, infrastructure, and environmental management solutions in the United States. It offers civil and site engineering services, such as conceptual land planning, environmental consulting and permitting, planning/zoning and entitlements, roadway and highway designs, erosion and sediment designs, stormwater management designs, construction administration, traffic studies, floodplain studies, and utility relocation designs; and commissioning and energy efficiency services comprise construction observation, direct systems functional performance testing, system development readiness checklist, post occupancy review, review of construction documents, deferred/seasonal functional testing, final commissioning report, and commissioning review of submittals.