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

Bowman Consulting Group (NASDAQ:BWMN) is scheduled to be posting 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 data on Monday, March 11th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.38. The business had revenue of $92.97 million during the quarter, compared to the consensus estimate 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 Performance

Shares of BWMN opened at $31.30 on Friday. The company’s 50 day simple moving average is $34.17 and its 200-day simple moving average is $32.51. The firm has a market cap of $482.33 million, a PE ratio of -60.19 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 company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.17.

Analysts Set New Price Targets

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

Insider Transactions at Bowman Consulting Group

In other Bowman Consulting Group news, CEO Gary Bowman sold 3,750 shares of Bowman Consulting Group stock in a transaction that occurred on 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 owns 973,475 shares of the company’s stock, valued at approximately $30,878,627. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Bowman Consulting Group news, CEO Gary Bowman sold 3,750 shares of the stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $31.72, for a total value of $118,950.00. Following the completion of the transaction, the chief executive officer now owns 973,475 shares in the company, valued at $30,878,627. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Michael Bruen sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $35.57, for a total value of $177,850.00. Following the completion of the sale, the chief operating officer now directly owns 441,074 shares of the company’s stock, valued at approximately $15,689,002.18. The disclosure for this sale can be found here. In the last quarter, insiders sold 184,469 shares of company stock worth $6,391,454. Company insiders own 20.40% of the company’s stock.

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.