Bowman Consulting Group (NASDAQ:BWMN – Get Free Report) was downgraded by investment analysts at Texas Capital from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.
BWMN has been the subject of a number of other reports. Robert W. Baird set a $43.00 price objective on Bowman Consulting Group in a report on Monday. B. Riley Financial cut Bowman Consulting Group from a “buy” rating to a “neutral” rating in a report on Monday. Capital One Financial set a $43.00 target price on Bowman Consulting Group in a research report on Tuesday. Wall Street Zen lowered Bowman Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Craig Hallum cut shares of Bowman Consulting Group from a “buy” rating to a “hold” rating and set a $43.00 price target on the stock. in a research report on Tuesday. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $46.43.
Read Our Latest Stock Analysis on Bowman Consulting Group
Bowman Consulting Group Stock Performance
Bowman Consulting Group (NASDAQ:BWMN – Get Free Report) last released its earnings results on Monday, August 10th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.15. Bowman Consulting Group had a return on equity of 2.67% and a net margin of 1.30%.The business had revenue of $146.13 million for the quarter, compared to analysts’ expectations of $129.35 million. As a group, equities research analysts predict that Bowman Consulting Group will post 0.82 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Franklin Resources Inc. lifted its stake in shares of Bowman Consulting Group by 3.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,289 shares of the company’s stock valued at $436,000 after acquiring an additional 377 shares during the last quarter. Deutsche Bank AG boosted its holdings in Bowman Consulting Group by 4.9% during the 4th quarter. Deutsche Bank AG now owns 9,473 shares of the company’s stock valued at $313,000 after acquiring an additional 444 shares during the period. Creative Planning grew its position in Bowman Consulting Group by 5.0% during the 3rd quarter. Creative Planning now owns 13,818 shares of the company’s stock worth $585,000 after acquiring an additional 661 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Bowman Consulting Group by 5.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,880 shares of the company’s stock worth $558,000 after acquiring an additional 865 shares during the last quarter. Finally, ARS Investment Partners LLC increased its stake in Bowman Consulting Group by 16.9% in the 4th quarter. ARS Investment Partners LLC now owns 6,179 shares of the company’s stock worth $204,000 after purchasing an additional 892 shares during the period. 63.20% of the stock is owned by institutional investors.
Bowman Consulting Group News Roundup
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.
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