Bowman Consulting Group (NASDAQ:BWMN) Downgraded by Robert W. Baird to Hold

Robert W. Baird downgraded shares of Bowman Consulting Group (NASDAQ:BWMN) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

Several other research analysts also recently commented on the stock. Weiss Ratings raised shares of Bowman Consulting Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th. Capital One Financial set a $43.00 price objective on shares of Bowman Consulting Group in a research note on Tuesday. Wolfe Research set a $43.00 target price on shares of Bowman Consulting Group in a report on Tuesday. Wall Street Zen cut shares of Bowman Consulting Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Roth Capital set a $58.00 price target on shares of Bowman Consulting Group and gave the stock a “buy” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Bowman Consulting Group currently has a consensus rating of “Hold” and a consensus target price of $46.43.

Bowman Consulting Group Price Performance

Shares of Bowman Consulting Group stock opened at $42.37 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $741.90 million, a PE ratio of 105.92, a price-to-earnings-growth ratio of 5.34 and a beta of 1.36. The business’s 50-day moving average price is $29.18 and its 200-day moving average price is $30.88. Bowman Consulting Group has a 12 month low of $25.07 and a 12 month high of $45.83.

Bowman Consulting Group (NASDAQ:BWMN) last released its earnings results on Monday, August 10th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.15. The company had revenue of $146.13 million during the quarter, compared to the consensus estimate of $129.35 million. Bowman Consulting Group had a return on equity of 2.67% and a net margin of 1.30%. Sell-side analysts forecast that Bowman Consulting Group will post 0.82 EPS for the current fiscal year.

Institutional Trading of Bowman Consulting Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Summit Creek Advisors LLC grew its holdings in shares of Bowman Consulting Group by 10.1% in the fourth quarter. Summit Creek Advisors LLC now owns 399,094 shares of the company’s stock worth $13,178,000 after purchasing an additional 36,645 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Bowman Consulting Group by 77.5% during the 1st quarter. Renaissance Technologies LLC now owns 99,379 shares of the company’s stock valued at $2,826,000 after buying an additional 43,379 shares during the last quarter. Royce & Associates LP bought a new stake in Bowman Consulting Group during the 4th quarter valued at $2,141,000. Dimensional Fund Advisors LP raised its holdings in Bowman Consulting Group by 13.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 377,799 shares of the company’s stock valued at $10,744,000 after buying an additional 43,624 shares during the last quarter. Finally, North Star Investment Management Corp. purchased a new stake in Bowman Consulting Group during the 1st quarter valued at $910,000. Institutional investors own 63.20% of the company’s stock.

Bowman Consulting Group News Summary

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

• Positive Sentiment: All-cash acquisition creates a valuation catalyst. Bernhard Capital Partners plans to take Bowman private for $43 per share, with closing expected in the fourth quarter of 2026 or the first quarter of 2027, subject to shareholder, regulatory and other customary approvals. Bowman Acquisition Announcement
• Positive Sentiment: Q2 earnings beat analyst expectations. Revenue rose 19.7% year over year to $146.1 million, exceeding the $129.35 million consensus estimate, while diluted adjusted EPS of $0.62 surpassed expectations of $0.47. Adjusted EBITDA increased 19.2% to $24.1 million. Bowman Q2 Earnings Beat
• Positive Sentiment: Backlog growth improves future revenue visibility. Gross backlog expanded 50.3% to $658.7 million, while organic net service billing growth accelerated to 12.7%. Bowman 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 optimism. Traders purchased 4,127 call options, approximately 15 times average call volume. The activity may reflect expectations for deal completion or a competing offer, but it does not guarantee additional stock gains.
• Neutral Sentiment: Short-interest data provides little usable signal. Reported short interest was zero shares, leaving a zero-day short-interest ratio and making the claimed increase statistically meaningless.
• Negative Sentiment: Profitability and cash flow weakened. GAAP net income declined to $2.5 million from $6.0 million, first-half results showed a $1.2 million loss, and operating cash flow fell to $3.7 million from $16.3 million. The company’s revenue outlook is also below analyst consensus of approximately $594.9 million.
• Negative Sentiment: Shareholder investigations could complicate the transaction. Kahn Swick & Foti, Halper Sadeh and SBS Law are examining whether Bowman’s $43 offer and sale process adequately protect shareholders. Litigation or opposition could delay or derail the deal. The COO’s $24,897 stock sale was conducted under a pre-arranged Rule 10b5-1 plan, reducing its negative significance. Bowman Investor Investigation

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.