Bowman Consulting Group (BWMN) Set to Announce Earnings on Wednesday

Bowman Consulting Group (NASDAQ:BWMN) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Bowman Consulting Group (NASDAQ:BWMN) last released its quarterly earnings data on Tuesday, August 6th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.10). The business had revenue of $104.50 million during the quarter, compared to the consensus estimate of $113.01 million. Bowman Consulting Group had a negative net margin of 2.67% and a positive return on equity of 4.40%. On average, analysts expect Bowman Consulting Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bowman Consulting Group Stock Performance

BWMN stock opened at $21.67 on Tuesday. The business has a 50 day moving average of $22.68 and a 200-day moving average of $28.04. The firm has a market cap of $394.39 million, a PE ratio of -28.89 and a beta of 1.12. Bowman Consulting Group has a 12-month low of $19.92 and a 12-month high of $42.90. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.18.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BWMN. Roth Mkm cut their price objective on shares of Bowman Consulting Group from $47.00 to $43.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Robert W. Baird lowered their target price on Bowman Consulting Group from $37.00 to $29.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Bowman Consulting Group presently has an average rating of “Buy” and an average target price of $40.10.

Insider Buying and Selling at Bowman Consulting Group

In other news, insider Robert Alan Hickey sold 2,500 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $23.07, for a total transaction of $57,675.00. Following the sale, the insider now owns 198,332 shares in the company, valued at approximately $4,575,519.24. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Robert Alan Hickey sold 2,500 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $23.07, for a total value of $57,675.00. Following the completion of the transaction, the insider now directly owns 198,332 shares in the company, valued at $4,575,519.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gary Bowman sold 4,002 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $24.08, for a total value of $96,368.16. Following the completion of the sale, the chief executive officer now owns 919,500 shares in the company, valued at approximately $22,141,560. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,402 shares of company stock valued at $242,343. 20.40% of the stock is currently owned by corporate insiders.

About Bowman Consulting Group

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.