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

Bowman Consulting Group (NASDAQ:BWMN) was downgraded by research analysts at Robert W. Baird from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Other equities research analysts also recently issued reports about the company. Weiss Ratings upgraded Bowman Consulting Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 8th. Wall Street Zen downgraded shares of Bowman Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. JPMorgan Chase & Co. lifted their price objective on shares of Bowman Consulting Group from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Wolfe Research set a $43.00 target price on shares of Bowman Consulting Group in a research note on Tuesday. Finally, Roth Capital set a $58.00 target price on shares of Bowman Consulting Group and gave the stock a “buy” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $46.43.

Bowman Consulting Group Stock Down 0.1%

NASDAQ:BWMN opened at $42.37 on Monday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market capitalization of $741.90 million, a price-to-earnings ratio of 105.92, a price-to-earnings-growth ratio of 5.34 and a beta of 1.36. Bowman Consulting Group has a one year low of $25.07 and a one year high of $45.83. The stock has a 50-day simple moving average of $29.18 and a 200 day simple moving average of $30.88.

Bowman Consulting Group (NASDAQ:BWMN) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $146.13 million for the quarter, compared to analysts’ expectations of $129.35 million. Sell-side analysts predict that Bowman Consulting Group will post 0.82 EPS for the current fiscal year.

Institutional Trading of Bowman Consulting Group

Several hedge funds have recently made changes to their positions in BWMN. New York State Teachers Retirement System acquired a new position in Bowman Consulting Group during the 4th quarter valued at approximately $42,000. Tower Research Capital LLC TRC increased its position in Bowman Consulting Group by 244.5% in the second quarter. Tower Research Capital LLC TRC now owns 2,301 shares of the company’s stock worth $66,000 after buying an additional 1,633 shares during the period. State of Alaska Department of Revenue increased its position in Bowman Consulting Group by 169.6% in the fourth quarter. State of Alaska Department of Revenue now owns 2,599 shares of the company’s stock worth $84,000 after buying an additional 1,635 shares during the period. Fifth Third Bancorp bought a new stake in Bowman Consulting Group in the first quarter valued at $196,000. Finally, NewEdge Advisors LLC lifted its stake in Bowman Consulting Group by 478,000.0% in the third quarter. NewEdge Advisors LLC now owns 4,781 shares of the company’s stock valued at $203,000 after buying an additional 4,780 shares during the last quarter. Institutional investors own 63.20% of the company’s stock.

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.