Bowman Consulting Group (NASDAQ:BWMN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Bowman Consulting Group (NASDAQ:BWMN - Free Report) from a hold rating to a buy rating in a report released on Saturday morning.

BWMN has been the subject of several other reports. Bank of America reduced their price target on Bowman Consulting Group from $36.50 to $30.50 and set a "buy" rating for the company in a research report on Wednesday, March 12th. B. Riley upgraded Bowman Consulting Group to a "strong-buy" rating in a research report on Tuesday, March 18th. Finally, Robert W. Baird lifted their price target on Bowman Consulting Group from $28.00 to $29.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Bowman Consulting Group has an average rating of "Buy" and an average price target of $34.17.

Bowman Consulting Group Stock Performance

BWMN stock traded up $0.44 during trading on Friday, hitting $25.47. 43,623 shares of the company traded hands, compared to its average volume of 93,476. The stock's 50-day simple moving average is $23.19 and its 200 day simple moving average is $24.06. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 1.43. The company has a market cap of $438.92 million, a PE ratio of -32.24 and a beta of 1.24. Bowman Consulting Group has a 1 year low of $17.90 and a 1 year high of $36.65.

Bowman Consulting Group (NASDAQ:BWMN - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.21). Bowman Consulting Group had a negative net margin of 2.62% and a positive return on equity of 3.76%.

Institutional Trading of Bowman Consulting Group

Institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets acquired a new stake in Bowman Consulting Group in the fourth quarter valued at approximately $42,000. Brooklyn Investment Group acquired a new stake in shares of Bowman Consulting Group in the first quarter worth approximately $45,000. GAMMA Investing LLC boosted its stake in shares of Bowman Consulting Group by 1,856.3% in the first quarter. GAMMA Investing LLC now owns 4,519 shares of the company's stock worth $99,000 after acquiring an additional 4,288 shares during the last quarter. NBC Securities Inc. boosted its stake in shares of Bowman Consulting Group by 100,080.0% in the first quarter. NBC Securities Inc. now owns 5,009 shares of the company's stock worth $109,000 after acquiring an additional 5,004 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Bowman Consulting Group in the fourth quarter worth approximately $147,000. 63.20% of the stock is owned by institutional investors and hedge funds.

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.