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

Bowman Consulting Group (NASDAQ:BWMN - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.22 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:BWMN - Get Free Report) last released its earnings results on Monday, March 11th. The company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.38. The company had revenue of $92.97 million during the quarter, compared to the consensus estimate 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 Price Performance

NASDAQ:BWMN traded up $0.34 during mid-day trading on Monday, reaching $33.29. The stock had a trading volume of 167,002 shares, compared to its average volume of 91,934. The firm has a 50 day moving average price of $34.37 and a two-hundred day moving average price of $32.45. The stock has a market capitalization of $513.00 million, a P/E ratio of -64.02 and a beta of 1.19. 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.

Analyst Ratings Changes

BWMN has been the topic of a number of analyst reports. B. Riley reaffirmed a "buy" rating and issued a $47.00 price target (up from $44.00) on shares of Bowman Consulting Group in a research note on Wednesday, March 13th. DA Davidson lifted their price target on Bowman Consulting Group from $36.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, March 13th. Roth Mkm reaffirmed a "buy" rating and issued a $49.00 price target on shares of Bowman Consulting Group in a research note on Monday, April 8th. Finally, TheStreet raised Bowman Consulting Group from a "c" rating to a "b-" rating in a research note on Wednesday, February 14th. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Bowman Consulting Group has a consensus rating of "Buy" and an average target price of $47.00.

Insider Activity

In other news, CFO Bruce J. Labovitz sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $41.83, for a total transaction of $418,300.00. Following the transaction, the chief financial officer now directly owns 293,288 shares of the company's stock, valued at $12,268,237.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CFO Bruce J. Labovitz sold 10,000 shares of the company's stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $41.83, for a total value of $418,300.00. Following the sale, the chief financial officer now directly owns 293,288 shares of the company's stock, valued at $12,268,237.04. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Bruce J. Labovitz sold 2,500 shares of the company's stock in a transaction 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 in the company, valued at $11,352,069.84. The disclosure for this sale can be found here. Over the last three months, insiders have sold 184,469 shares of company stock valued at $6,391,454. Company insiders own 20.40% of the company's stock.

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.