Bowman Consulting Group (BWMN) Scheduled to Post Quarterly Earnings on Wednesday

Bowman Consulting Group (NASDAQ:BWMNGet Rating) will issue its quarterly earnings data after the market closes on Wednesday, May 11th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Bowman Consulting Group (NASDAQ:BWMNGet Rating) last released its quarterly earnings data on Monday, March 21st. The company reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). Bowman Consulting Group had a return on equity of 2.54% and a net margin of 0.07%. On average, analysts expect Bowman Consulting Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BWMN opened at $16.42 on Wednesday. The stock’s fifty day moving average is $16.54 and its two-hundred day moving average is $17.69. The company has a market capitalization of $206.73 million and a P/E ratio of 234.57. Bowman Consulting Group has a 52 week low of $12.60 and a 52 week high of $22.82. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.23.

In related news, CEO Gary Bowman sold 75,000 shares of the business’s stock in a transaction on Friday, February 11th. The stock was sold at an average price of $16.00, for a total transaction of $1,200,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Michael Bruen sold 1,800 shares of the business’s stock in a transaction on Wednesday, March 9th. The stock was sold at an average price of $17.05, for a total value of $30,690.00. The disclosure for this sale can be found here. Company insiders own 30.70% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Morgan Stanley acquired a new stake in Bowman Consulting Group during the 2nd quarter worth about $51,000. Geode Capital Management LLC acquired a new stake in Bowman Consulting Group during the 4th quarter worth about $468,000. Renaissance Technologies LLC acquired a new stake in Bowman Consulting Group during the 4th quarter worth about $654,000. Finally, BlackRock Inc. lifted its position in Bowman Consulting Group by 755.1% during the 4th quarter. BlackRock Inc. now owns 79,509 shares of the company’s stock worth $1,690,000 after acquiring an additional 70,211 shares during the period. Hedge funds and other institutional investors own 64.18% of the company’s stock.

BWMN has been the topic of several research reports. DA Davidson raised their price objective on Bowman Consulting Group from $23.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, January 6th. B. Riley raised their price objective on Bowman Consulting Group from $25.00 to $26.00 and gave the stock a “buy” rating in a report on Wednesday, March 23rd. Finally, Zacks Investment Research downgraded Bowman Consulting Group from a “buy” rating to a “hold” rating in a report on Monday, March 7th.

Bowman Consulting Group Company Profile (Get Rating)

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.

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