Bowman Consulting Group (NASDAQ:BWMN) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Bowman Consulting Group (NASDAQ:BWMN) issued its quarterly earnings data on Tuesday. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.06), Zacks reports. Bowman Consulting Group had a negative net margin of 2.62% and a positive return on equity of 3.76%.

Bowman Consulting Group Price Performance

Shares of NASDAQ BWMN traded up $0.41 during trading on Tuesday, hitting $18.80. The company had a trading volume of 168,817 shares, compared to its average volume of 95,885. Bowman Consulting Group has a fifty-two week low of $17.90 and a fifty-two week high of $42.90. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.16. The stock has a fifty day simple moving average of $23.48 and a two-hundred day simple moving average of $23.94. The firm has a market capitalization of $329.56 million, a price-to-earnings ratio of -23.80 and a beta of 1.32.

Insider Buying and Selling

In other Bowman Consulting Group news, insider Robert Alan Hickey sold 2,500 shares of Bowman Consulting Group stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $22.46, for a total transaction of $56,150.00. Following the sale, the insider now owns 188,177 shares of the company’s stock, valued at $4,226,455.42. The trade was a 1.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 20.40% of the stock is currently owned by 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.