Bowman Consulting Group (NASDAQ:BWMN) Announces Quarterly Earnings Results, Beats Expectations By $0.15 EPS

Bowman Consulting Group (NASDAQ:BWMN) announced its quarterly earnings results on Monday. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.15, FiscalAI reports. Bowman Consulting Group had a net margin of 2.02% and a return on equity of 3.98%. The company had revenue of $146.13 million for the quarter, compared to analysts’ expectations of $129.35 million.

Bowman Consulting Group Trading Up 55.8%

NASDAQ BWMN opened at $42.42 on Tuesday. The stock has a market cap of $742.77 million, a PE ratio of 70.70, a PEG ratio of 3.43 and a beta of 1.36. Bowman Consulting Group has a 12 month low of $25.07 and a 12 month high of $45.83. The company’s 50-day moving average price is $28.98 and its 200-day moving average price is $30.83. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.22.

Hedge Funds Weigh In On Bowman Consulting Group

Hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC raised its stake in shares of Bowman Consulting Group by 244.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,301 shares of the company’s stock valued at $66,000 after acquiring an additional 1,633 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Bowman Consulting Group by 478,000.0% during the 3rd quarter. NewEdge Advisors LLC now owns 4,781 shares of the company’s stock worth $203,000 after purchasing an additional 4,780 shares during the period. State of Wyoming bought a new stake in Bowman Consulting Group during the 4th quarter valued at $205,000. Zacks Investment Management purchased a new stake in shares of Bowman Consulting Group in the 3rd quarter worth $207,000. Finally, Brevan Howard Capital Management LP bought a new position in shares of Bowman Consulting Group during the 2nd quarter worth $217,000. 63.20% of the stock is currently owned by institutional investors.

Key Bowman Consulting Group News

Here are the key news stories impacting Bowman Consulting Group this week:

• Positive Sentiment: Cash acquisition establishes a near-term valuation. Bernhard’s $43-per-share offer gives shareholders a defined exit value and explains the stock’s move toward the proposed consideration. Completion risks remain, including financing, approvals, competing bids and potential termination of the agreement. Bowman Acquisition Announcement
• Positive Sentiment: Q2 earnings beat expectations. Revenue increased 19.7% year over year to $146.1 million, exceeding the $129.35 million analyst estimate. Adjusted diluted EPS was $0.62 versus the $0.47 consensus, and adjusted EBITDA rose 19.2% to $24.1 million. Bowman Q2 Earnings Beat
• Positive Sentiment: Backlog growth improves revenue visibility. Gross backlog increased 50.3% to $658.7 million, while organic net service billing growth accelerated to 12.7%. Management reaffirmed 2026 net revenue guidance of $520 million to $540 million and adjusted EBITDA margin guidance of 17.2% to 17.7%.
• Neutral Sentiment: Heavy call-option activity indicates speculative interest. Traders purchased 4,127 call options, approximately 15 times average volume. The activity may reflect expectations for deal completion but does not ensure continued gains.
• Negative Sentiment: Underlying GAAP profitability weakened. Q2 net income declined to $2.5 million from $6.0 million, and first-half results showed a $1.2 million loss versus prior-year profit. Operating cash flow also fell to $3.7 million from $16.3 million. Guidance is below the approximately $594.9 million revenue consensus estimate. Bowman Q2 Key Metrics
• Negative Sentiment: Deal scrutiny creates uncertainty. Investor-rights law firms are investigating whether the $43 offer is fair, potentially adding litigation or delay risk. COO Daniel Swayze also sold 914 shares, although the transaction was executed under a pre-arranged Rule 10b5-1 plan and represented only 3.35% of his holdings.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. B. Riley Financial cut shares of Bowman Consulting Group from a “buy” rating to a “neutral” rating in a research report on Monday. JPMorgan Chase & Co. upped their price objective on Bowman Consulting Group from $38.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Robert W. Baird set a $43.00 price objective on Bowman Consulting Group in a research note on Monday. Wolfe Research set a $43.00 target price on Bowman Consulting Group in a research report on Tuesday. Finally, Roth Capital set a $58.00 price target on Bowman Consulting Group and gave the stock a “buy” rating in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $47.00.

Bowman Consulting Group Company Profile

Bowman Consulting Group Ltd. (NASDAQ: BWMN) is a multidisciplinary professional services firm that provides engineering, environmental, planning and surveying services to public and private sector clients. Its service offerings encompass civil, geotechnical and environmental engineering; land development planning and permitting; construction management; survey and geospatial services; and ecological and water resources consulting. The firm supports infrastructure, real estate, energy, utilities and telecommunications projects, delivering site characterization, design, permitting and construction-phase oversight.

Since its founding in 1980, Bowman Consulting Group has grown organically and through strategic acquisitions to expand its technical capabilities and geographic footprint.