From what 6 stock analysts predict, the share price for Bowman Consulting Group Ltd. (BWMN) might increase by 26.73% in the next year. This is based on a 12-month average estimation for BWMN. Price targets go from $27 to $43. The majority of stock analysts believe BWMN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Bowman Consulting Group Ltd. has a total of 6 Wall St Analyst ratings. There are 6 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Bowman Consulting Group Ltd. will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BWMN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andrew Wittmann Baird | Outperform | $27 | Maintains | Nov 8, 2024 |
Andrew Wittmann Baird | Outperform | $29 | Maintains | Aug 8, 2024 |
Jeff Martin Roth MKM | Buy | $43 | Maintains | Aug 8, 2024 |
Andrew Wittmann Baird | Outperform | $37 | Initiates | Jun 3, 2024 |
Sherif El-Sabbahy B of A Securities | Buy | $36.5 | Initiates | May 24, 2024 |
Jeff Martin Roth MKM | Buy | $47 | Maintains | May 8, 2024 |
Jeff Martin Roth MKM | Buy | $49 | Reiterates | Apr 8, 2024 |
Brent Thielman DA Davidson | Buy | $45 | Maintains | Mar 13, 2024 |
Jeff Martin Roth MKM | Buy | $49 | Maintains | Mar 13, 2024 |
Alex Rygiel B. Riley Securities | Buy | $47 | Reiterates | Mar 13, 2024 |
Jeff Martin Roth MKM | Buy | $45 | Initiates | Dec 8, 2023 |
Aaron Spychalla Craig-Hallum | Buy | $46 | Initiates | Sep 5, 2023 |
Alex Rygiel B. Riley Securities | Buy | $35 | Maintains | Mar 13, 2023 |
Alex Rygiel B. Riley Securities | Buy | $27 | Maintains | Aug 15, 2022 |
Alex Rygiel B. Riley Securities | Buy | $26 | Maintains | Mar 23, 2022 |
Alex Rygiel B. Riley Securities | Buy | $22 | Maintains | Nov 12, 2021 |
B. Riley Securities | Buy | Initiates | Jun 1, 2021 | |
DA Davidson | Buy | Initiates | Jun 1, 2021 |
When did it IPO
N/A
Staff Count
2,250
Country
United States
Sector/Industry
Industrials/Engineering & Construction
CEO
Mr. Gary P. Bowman
Market Cap
$496.8M
In 2023, BWMN generated $346.3M in revenue, which was a increase of 32.30% from the previous year. This can be seen as a signal that BWMN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Bowman Consulting Group Ltd. (NASDAQ:BWMN) increased its share repurchase program from $25 million to $35 million, with about $16 million remaining. The program ends on July 31, 2025.
Why It Matters - Bowman's increased share repurchase program signals confidence in financial health, potentially enhancing shareholder value and indicating management's commitment to returning capital.
Summary - Bowman Consulting Group Ltd. (NASDAQ: BWMN) has secured a multi-year contract with the Illinois Tollway for systemwide construction management services, focusing on phase III management.
Why It Matters - Bowman's multi-year contract with the Illinois Tollway enhances its revenue stream and boosts credibility, potentially leading to increased stock value and investor interest.
Summary - Bowman Consulting Group Ltd. (NASDAQ:BWMN) will hold its Q3 2024 earnings conference call on November 7, 2024, at 9:00 AM ET, featuring CEO Gary Bowman and CFO Bruce Labovitz.
Why It Matters - The scheduled earnings call for Bowman Consulting Group on November 7, 2024, indicates transparency and could reveal insights on financial performance, impacting stock valuation and investor sentiment.
Summary - Bowman Consulting (BWMN) reported Q3 earnings of $0.30 per share, below the Zacks estimate of $0.44 and down from $0.34 per share year-over-year.
Why It Matters - Bowman Consulting's earnings miss signals potential operational issues, declining profitability, and could negatively impact investor confidence and stock performance.
Summary - Bowman Consulting Group Ltd. (Nasdaq: BWMN) reported financial results for Q3 and YTD September 30, 2024, achieving over $100 million in revenue for the first time, signaling profitable growth.
Why It Matters - Bowman Consulting's financial results show strong growth, surpassing $100 million in revenue, indicating robust performance and potential for continued investor interest and confidence.
Summary - Bowman Consulting Group Ltd. (NASDAQ: BWMN) has signed a definitive agreement to acquire Exeltech Consulting, Inc., enhancing its capabilities in transportation infrastructure and civil engineering.
Why It Matters - Bowman's acquisition of Exeltech enhances its service offerings in transportation infrastructure, potentially driving growth and increasing market competitiveness, which can positively impact stock performance.