Bowman Consulting Group (BWMN) Set to Announce 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. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Bowman Consulting Group (NASDAQ:BWMN) last announced its earnings results on Monday, March 11th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.38. The company had revenue of $92.97 million during the quarter, compared to analyst estimates of $88.68 million. Bowman Consulting Group had a positive return on equity of 5.14% and a negative net margin of 1.96%. 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 Up 1.2 %

Shares of NASDAQ 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 company 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 firm’s 50-day simple moving average is $34.20 and its 200 day simple moving average is $32.48.

Analysts Set New Price Targets

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

Insider Activity

In other news, CEO Gary Bowman sold 3,750 shares of the business’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $31.72, for a total value of $118,950.00. Following the sale, the chief executive officer now directly owns 973,475 shares in the company, valued at $30,878,627. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, 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 transaction, the chief financial officer now directly owns 303,288 shares of the company’s stock, valued at $11,352,069.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gary Bowman sold 3,750 shares of the stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $31.72, for a total transaction of $118,950.00. Following the sale, the chief executive officer now owns 973,475 shares in the company, valued at approximately $30,878,627. The disclosure for this sale can be found here. Insiders sold 184,469 shares of company stock worth $6,391,454 over the last quarter. 20.40% of the stock is currently 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.