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

Bowman Consulting Group (NASDAQ:BWMN) released its quarterly earnings data on Monday. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.15, FiscalAI reports. The business had revenue of $146.13 million during the quarter, compared to analyst estimates of $129.35 million. Bowman Consulting Group had a net margin of 1.30% and a return on equity of 2.67%.

Bowman Consulting Group Price Performance

Shares of NASDAQ BWMN opened at $42.37 on Wednesday. The firm has a market capitalization of $741.90 million, a P/E ratio of 105.92, a P/E/G ratio of 5.34 and a beta of 1.36. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.22. The stock’s 50-day simple moving average is $29.18 and its two-hundred day simple moving average is $30.88. Bowman Consulting Group has a twelve month low of $25.07 and a twelve month high of $45.83.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Bowman Consulting Group by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 802,969 shares of the company’s stock worth $34,014,000 after buying an additional 13,366 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Bowman Consulting Group by 3,560.2% during the 3rd quarter. Alliancebernstein L.P. now owns 524,867 shares of the company’s stock worth $22,233,000 after acquiring an additional 510,527 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Bowman Consulting Group by 9.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 334,175 shares of the company’s stock worth $11,036,000 after acquiring an additional 29,189 shares in the last quarter. Polar Asset Management Partners Inc. increased its stake in Bowman Consulting Group by 30.2% in the fourth quarter. Polar Asset Management Partners Inc. now owns 285,024 shares of the company’s stock valued at $9,411,000 after acquiring an additional 66,029 shares during the last quarter. Finally, State Street Corp increased its stake in Bowman Consulting Group by 4.8% in the fourth quarter. State Street Corp now owns 278,504 shares of the company’s stock valued at $9,196,000 after acquiring an additional 12,829 shares during the last quarter. 63.20% of the stock is currently owned by institutional investors.

More Bowman Consulting Group News

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

• Positive Sentiment: Bernhard acquisition provides a clear valuation floor. Bernhard Capital Partners agreed to acquire Bowman for $43 per share in cash, with closing expected in the fourth quarter of 2026 or the first quarter of 2027, subject to shareholder, regulatory and other customary approvals. The limited spread to the offer price suggests investors are primarily focused on deal completion. Bowman Acquisition Announcement
• Positive Sentiment: Second-quarter results beat expectations. Revenue increased 19.7% year over year to $146.1 million, exceeding the $129.35 million consensus estimate, while reported EPS of $0.62 surpassed expectations of $0.47. Adjusted EBITDA rose 19.2% to $24.1 million. Bowman Q2 Earnings Beat
• Positive Sentiment: Backlog growth supports future revenue visibility. Gross backlog surged 50.3% to $658.7 million, organic net service billing growth accelerated to 12.7%, and management reaffirmed 2026 net revenue guidance of $520 million to $540 million.
• Neutral Sentiment: Options activity indicates heightened speculation. Call-option purchases reached 4,127 contracts, approximately 15 times typical volume, likely reflecting expectations surrounding the acquisition, but this activity does not establish a sustained investment trend.
• Negative Sentiment: Two firms downgraded the stock. Texas Capital and Robert W. Baird each cut Bowman from “strong-buy” to “hold,” potentially pressuring the shares after their recent surge and signaling limited upside beyond the $43 transaction price.
• Negative Sentiment: Deal scrutiny and weaker GAAP profitability add risk. Investor-rights law firms are investigating whether shareholders are receiving adequate consideration and whether the sale process was appropriate. Separately, second-quarter net income declined to $2.5 million from $6.0 million, while first-half results showed a net loss and lower operating cash flow. A COO stock sale under a pre-arranged Rule 10b5-1 plan is a minor additional negative.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price target 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. Roth Capital set a $58.00 target price on Bowman Consulting Group and gave the stock a “buy” rating in a research note on Thursday, May 7th. Robert W. Baird set a $43.00 price target on Bowman Consulting Group in a research report on Monday. Wolfe Research set a $43.00 price objective on shares of Bowman Consulting Group in a research report on Tuesday. Finally, Weiss Ratings raised shares of Bowman Consulting Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Bowman Consulting Group currently has an average rating of “Hold” and an average price target of $46.43.

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.