Bowman Consulting Group (NASDAQ:BWMN) Lowered to “Hold” Rating by Texas Capital

Texas Capital cut shares of Bowman Consulting Group (NASDAQ:BWMN) from a strong-buy rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

A number of other research firms also recently issued reports on BWMN. Robert W. Baird set a $43.00 price objective on Bowman Consulting Group in a report on Monday. JPMorgan Chase & Co. increased their target price on Bowman Consulting Group from $38.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Craig Hallum cut Bowman Consulting Group from a “buy” rating to a “hold” rating and set a $43.00 target price on the stock. in a research report on Tuesday. Capital One Financial set a $43.00 price target on Bowman Consulting Group in a research note on Tuesday. Finally, Weiss Ratings raised shares of Bowman Consulting Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Bowman Consulting Group presently has an average rating of “Hold” and an average target price of $46.43.

Bowman Consulting Group Stock Down 0.1%

Shares of Bowman Consulting Group stock opened at $42.37 on Tuesday. Bowman Consulting Group has a twelve month low of $25.07 and a twelve month high of $45.83. 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 company’s 50 day moving average is $29.18 and its 200 day moving average is $30.88. The company has a market cap 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 (NASDAQ:BWMN) last announced its earnings results on Monday, August 10th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.15. 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%. Research analysts anticipate that Bowman Consulting Group will post 0.82 EPS for the current year.

Hedge Funds Weigh In On Bowman Consulting Group

A number of hedge funds have recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of Bowman Consulting Group by 51.0% during the 1st quarter. Royal Bank of Canada now owns 48,613 shares of the company’s stock valued at $1,061,000 after purchasing an additional 16,421 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Bowman Consulting Group by 4.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 50,176 shares of the company’s stock worth $1,095,000 after buying an additional 2,203 shares during the period. Jane Street Group LLC bought a new position in Bowman Consulting Group in the 1st quarter worth $287,000. JPMorgan Chase & Co. increased its stake in Bowman Consulting Group by 40.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,128 shares of the company’s stock worth $262,000 after buying an additional 2,608 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in Bowman Consulting Group by 8.2% in the 2nd quarter. Rhumbline Advisers now owns 20,369 shares of the company’s stock worth $586,000 after buying an additional 1,540 shares in the last quarter. 63.20% of the stock is currently owned by institutional investors.

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.