NASDAQ:BWMN

Bowman Consulting Group (BWMN) Stock Forecast, Price & News

$28.03

+0.10 (+0.36%)

(As of 09/29/2023 ET)

Compare

Today's Range: $27.54
▼
$28.95
50-Day Range: $26.10
▼
$35.58
52-Week Range: $14.00
▼
$36.36

Volume: 134,316 shs
Average Volume: 73,165 shs
Market Capitalization: $409.24 million

P/E Ratio: 103.81
Dividend Yield: N/A
Price Target: $31.50

Bowman Consulting Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 12.4% Upside
$31.50 Price Target
Short Interest: Healthy
1.72% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.18
Based on 8 Articles This Week
Insider Trading: Selling Shares
$1.71 M Sold Last Quarter
Proj. Earnings Growth: 126.23%
From $0.61 to $1.38 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.59 out of 5 stars

Business Services Sector

92nd out of 319 stocks

Management Consulting Services Industry

7th out of 16 stocks

2.5

Analyst's Opinion

Consensus Rating
Bowman Consulting Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.50, Bowman Consulting Group has a forecasted upside of 12.4% from its current price of $28.03.
Amount of Analyst Coverage
Bowman Consulting Group has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.72% of the float of Bowman Consulting Group has been sold short.
Short Interest Ratio / Days to Cover
Bowman Consulting Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Bowman Consulting Group has recently decreased by 4.28%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Bowman Consulting Group does not currently pay a dividend.
Dividend Growth
Bowman Consulting Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BWMN.

3.4

News and Social Media Coverage

News Sentiment
Bowman Consulting Group has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Bowman Consulting Group this week, compared to 2 articles on an average week.
MarketBeat Follows
2 people have added Bowman Consulting Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bowman Consulting Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,711,890.00 in company stock.
Percentage Held by Insiders
26.90% of the stock of Bowman Consulting Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
44.76% of the stock of Bowman Consulting Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Bowman Consulting Group are expected to grow by 126.23% in the coming year, from $0.61 to $1.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bowman Consulting Group is 103.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bowman Consulting Group is 103.81, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 36.47.
Price to Book Value per Share Ratio
Bowman Consulting Group has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Bowman Consulting Group (NASDAQ:BWMN) Stock

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. The company also provides construction management services, including constructability review, value engineering, budgeting and cost estimating, interagency and utility coordination, onsite observation and report evaluation, public communication and outreach, and resident engineer services, as well as bid solicitation, documentation, and preparation services; and environmental consulting services consisting of wetlands and waters of the U.S. delineations, natural resources inventories, wildlife and vegetation surveys, threatened and endangered species surveys, endangered species conservation and management, wetland creation and enhancement design, NEPA documentation, section 404/401 permitting and compliance, NPDES permitting, and phase I environmental site assessment. In addition, it offers landscape architecture, land procurement and right-of-way acquisition, structural engineering, surveying and geospatial engineering, and transportation and water resources engineering services, as well as mechanical, electrical, and plumbing engineering services. The company was incorporated in 1995 and is headquartered in Reston, Virginia.

BWMN Price History

30 days | 90 days | 365 days | Advanced Chart

BWMN Stock News Headlines

September 29, 2023 | finance.yahoo.com

Bowman Issues Clarification Regarding Assignment with Canadian National Railway Company

September 29, 2023 | benzinga.com

Bowman Consulting Buys Excellence Engineering - What's On the Cards?

September 29, 2023 | Chaikin Analytics (Ad)

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September 29, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top Industrial Goods Stocks: Bowman Consulting Group (BWMN), Aspen Aerogels (ASPN)

September 29, 2023 | markets.businessinsider.com

Bowman To Acquire Excellence Engineering

September 29, 2023 | finance.yahoo.com

Bowman Enters into Definitive Purchase Agreement with Petrochemical Industry Experts Excellence Engineering, LLC

September 28, 2023 | markets.businessinsider.com

Bowman Consulting Receives Multi-year Engineering Services Contract From Canadian National Railway

September 28, 2023 | finance.yahoo.com

Bowman Awarded Multi-Year Contract with Canadian National Railway Company

September 29, 2023 | Chaikin Analytics (Ad)

His system isolated NVIDIA - Here's His Next Buy.

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September 21, 2023 | finance.yahoo.com

Insider Sell: Chief Legal Officer Robert Hickey Sells 8,000 Shares of Bowman Consulting Group Ltd

September 20, 2023 | finance.yahoo.com

Bowman Supplying Engineering and Survey for a New Entertainment Center within San Diego’s Midway-Pacific Highway Community

September 16, 2023 | finance.yahoo.com

Insider Sell: COO Michael Bruen Sells 5,000 Shares of Bowman Consulting Group Ltd

September 7, 2023 | benzinga.com

Bowman Consulting Group President Trades $715K In Company Stock

September 6, 2023 | markets.businessinsider.com

Analysts Are Bullish on These Industrial Goods Stocks: Transcat (TRNS), Viad (VVI)

September 6, 2023 | finance.yahoo.com

Is There An Opportunity With Bowman Consulting Group Ltd.'s (NASDAQ:BWMN) 40% Undervaluation?

September 6, 2023 | msn.com

Craig-Hallum Initiates Coverage of Bowman Consulting Group (BWMN) with Buy Recommendation

August 31, 2023 | msn.com

Bowman Consulting Group (BWMN) Price Target Increased by 5.26% to 40.80

August 23, 2023 | finance.yahoo.com

Bowman Promotes Brad Glatfelter, PE, to Fairfax, VA Branch Manager

August 21, 2023 | finance.yahoo.com

Bowman Announces $4.9 Million Funding Authorization for Illinois Department of Transportation I-80 Corridor Improvement Project

August 16, 2023 | finance.yahoo.com

Bowman Awarded More than $1.7 Million in New Engineering and Survey Contracts for Mining Projects

August 8, 2023 | finance.yahoo.com

Bowman Announces Second Quarter 2023 Financial Results

August 8, 2023 | finance.yahoo.com

Bowman Consulting (BWMN) Reports Q2 Loss, Tops Revenue Estimates

August 4, 2023 | fool.com

Bowman Consulting Group (NASDAQ: BWMN)

August 4, 2023 | finance.yahoo.com

Bowman Expands to Tennessee, Appoints Matthew Hamby, PE to Lead Office

August 3, 2023 | finance.yahoo.com

Bowman Increases Borrowing Capacity Under Revolving Credit Facility

July 25, 2023 | finance.yahoo.com

Bowman Awarded New Contract from J. Ranck Electric to Provide Engineering Services on 200 MW Solar Array

July 19, 2023 | msn.com

Bowman Consulting: Great Company, But Already Fairly Valued

See More Headlines

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BWMN Company Calendar

Last Earnings: 8/07/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Management consulting services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:BWMN
CUSIP: N/A
CIK: 1847590
Web: www.bowman.com
Phone: 703-464-1000
Fax: N/A
Employees: 1,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $31.50
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $28.00
Forecasted Upside/Downside: +12.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.27
Trailing P/E Ratio: 103.81
Forward P/E Ratio: 45.95
P/E Growth: N/A
Net Income: $5.01 million
Net Margins: 1.05%
Pretax Margin: -0.34%
Return on Equity: 3.26%
Return on Assets: 1.57%

Debt

Debt-to-Equity Ratio: 0.22
Current Ratio: 1.44
Quick Ratio: 1.44

Sales & Book Value

Annual Sales: $261.71 million
Price / Sales: 1.56
Cash Flow: $1.41 per share
Price / Cash Flow: 19.90
Book Value: $9.24 per share
Price / Book: 3.03

Miscellaneous

Outstanding Shares: 14,600,000
Free Float: 10,675,000
Market Cap: $409.24 million
Optionable: Not Optionable
Beta: 1.14

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Key Executives

Mr. Gary P. Bowman (Age 67)
Pres, CEO & Chairman
Comp: $1.16M

Mr. Bruce J. Labovitz (Age 55)
Exec. VP & Chief Financial Officer
Comp: $757.14k

Mr. Michael G. Bruen (Age 57)
Exec. VP, COO & Director
Comp: $744.78k

Mr. Matthew Mullenix
EVP, Chief Information Officer & Chief Information Security Officer

Mr. Robert Alan Hickey (Age 64)
Exec. VP, Chief Legal Officer & Sec.

Mr. Clay Worley
Exec. VP & Chief HR Officer

Mr. Ronald M Robison
Principal and Director of Environmental Sciences Group

Mr. Timothy M. Vaughn
Exec. VP of Mergers & Acquisitions

Mr. Dan Swayze
Exec. VP of Energy Services

Mr. Ryan Belyea
Chief Digital Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BWMN Stock - Frequently Asked Questions

Should I buy or sell Bowman Consulting Group stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bowman Consulting Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BWMN shares.
View BWMN analyst ratings or view top-rated stocks.
What is Bowman Consulting Group's stock price forecast for 2023?: 2 analysts have issued 12 month price objectives for Bowman Consulting Group's shares. Their BWMN share price forecasts range from $28.00 to $35.00. On average, they predict the company's stock price to reach $31.50 in the next year. This suggests a possible upside of 12.4% from the stock's current price.
View analysts price targets for BWMN or view top-rated stocks among Wall Street analysts.
How have BWMN shares performed in 2023?: Bowman Consulting Group's stock was trading at $21.85 on January 1st, 2023. Since then, BWMN shares have increased by 28.3% and is now trading at $28.03.
View the best growth stocks for 2023 here.
When is Bowman Consulting Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our BWMN earnings forecast.
How were Bowman Consulting Group's earnings last quarter?: Bowman Consulting Group Ltd. (NASDAQ:BWMN) announced its earnings results on Monday, August, 7th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of $0.15 by $0.19. The firm earned $82.76 million during the quarter, compared to analyst estimates of $81.41 million. Bowman Consulting Group had a net margin of 1.05% and a trailing twelve-month return on equity of 3.26%.
What ETF holds Bowman Consulting Group's stock ?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 930 shares of BWMN stock, representing 0.65% of its portfolio.

When did Bowman Consulting Group IPO?: (BWMN) raised $40 million in an initial public offering (IPO) on Friday, May 7th 2021. The company issued 3,100,000 shares at $12.00-$14.00 per share. D.A. Davidson and B. Riley Securities acted as the underwriters for the IPO.
What is Bowman Consulting Group's stock symbol?: Bowman Consulting Group trades on the NASDAQ under the ticker symbol "BWMN."
How do I buy shares of Bowman Consulting Group?: Shares of BWMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Bowman Consulting Group's stock price today?: One share of BWMN stock can currently be purchased for approximately $28.03.
How much money does Bowman Consulting Group make?: Bowman Consulting Group (NASDAQ:BWMN) has a market capitalization of $409.24 million and generates $261.71 million in revenue each year. The company earns $5.01 million in net income (profit) each year or $0.27 on an earnings per share basis.
How many employees does Bowman Consulting Group have?: The company employs 1,600 workers across the globe.
How can I contact Bowman Consulting Group?: The official website for the company is www.bowman.com. The company can be reached via phone at 703-464-1000 or via email at ir@bowman.com.

This page (NASDAQ:BWMN) was last updated on 9/29/2023 by MarketBeat.com Staff

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