Bowman Consulting Group (BWMN) to Release Earnings on Monday

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

Bowman Consulting Group (NASDAQ:BWMN) last issued its quarterly earnings data on Monday, March 11th. The company reported $0.23 earnings per share (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 company had revenue of $92.97 million during the quarter, compared to the consensus estimate 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

Shares of BWMN stock opened at $32.95 on Monday. The stock has a market capitalization of $507.76 million, a PE ratio of -63.37 and a beta of 1.19. The business’s 50 day simple moving average is $34.43 and its 200 day simple moving average is $32.41. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.22 and a quick ratio of 1.22. Bowman Consulting Group has a one year low of $25.52 and a one year high of $42.90.

Analysts Set New Price Targets

Several brokerages recently commented on BWMN. TheStreet upgraded Bowman Consulting Group from a “c” rating to a “b-” rating in a research report on Wednesday, February 14th. B. Riley reaffirmed a “buy” rating and set a $47.00 price objective (up previously from $44.00) on shares of Bowman Consulting Group in a research report on Wednesday, March 13th. 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. Finally, Roth Mkm reissued a “buy” rating and set a $49.00 target price on shares of Bowman Consulting Group in a research note on Monday, April 8th. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Bowman Consulting Group has an average rating of “Buy” and a consensus price target of $47.00.

Insider Buying and Selling at Bowman Consulting Group

In other Bowman Consulting Group news, CFO Bruce J. Labovitz sold 2,500 shares of the firm’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $37.43, for a total value 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Bruce J. Labovitz sold 2,500 shares of the stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $37.43, for a total value of $93,575.00. Following the completion of the sale, 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 document filed with the SEC, which is accessible through the SEC website. Also, CFO Bruce J. Labovitz sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $41.83, for a total value of $418,300.00. Following the completion of the transaction, the chief financial officer now owns 293,288 shares in the company, valued at approximately $12,268,237.04. The disclosure for this sale can be found here. In the last 90 days, insiders sold 184,469 shares of company stock worth $6,391,454. 20.40% of the stock is owned by corporate 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.