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

Bowman Consulting Group (NASDAQ:BWMN) is scheduled 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. Parties interested in listening to the company’s conference call can do so using this link.

Bowman Consulting Group (NASDAQ:BWMN) last posted its earnings results on Monday, March 11th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.38. The company had revenue of $92.97 million for 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 Performance

Shares of Bowman Consulting Group stock opened at $31.30 on Friday. The company has a market capitalization of $482.33 million, a PE ratio of -60.19 and a beta of 1.21. The company has a 50-day simple moving average of $34.17 and a two-hundred day simple moving average of $32.51. Bowman Consulting Group has a one year low of $25.52 and a one year high of $42.90. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.22 and a current ratio of 1.22.

Analysts Set New Price Targets

BWMN has been the subject of several recent analyst reports. Roth Mkm reiterated a “buy” rating and set a $49.00 price objective on shares of Bowman Consulting Group in a research note on Monday, April 8th. B. Riley reaffirmed a “buy” rating and set a $47.00 price target (up from $44.00) on shares of Bowman Consulting Group in a research report on Wednesday, March 13th. DA Davidson raised their price objective on Bowman Consulting Group from $36.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th. Finally, TheStreet raised Bowman Consulting Group from a “c” rating to a “b-” rating in a research report on Wednesday, February 14th. Four research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $47.00.

Insider Buying and Selling

In other news, CEO Gary Bowman sold 3,750 shares of the company’s 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 completion of the transaction, the chief executive officer now directly owns 973,475 shares of the company’s stock, valued at approximately $30,878,627. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, CEO Gary Bowman sold 3,750 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $31.72, for a total value of $118,950.00. Following the transaction, the chief executive officer now directly 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 at this link. Also, insider Robert Alan Hickey sold 8,000 shares of Bowman Consulting Group stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $38.94, for a total value of $311,520.00. Following the completion of the sale, the insider now owns 214,403 shares in the company, valued at $8,348,852.82. The disclosure for this sale can be found here. In the last 90 days, insiders sold 184,469 shares of company stock valued at $6,391,454. 20.40% of the stock is 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.