Bowman Consulting Group (NASDAQ:BWMN) Announces Earnings Results

Bowman Consulting Group (NASDAQ:BWMN) announced its earnings results on Tuesday. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.06), Zacks reports. Bowman Consulting Group had a positive return on equity of 3.76% and a negative net margin of 2.62%.

Bowman Consulting Group Price Performance

Bowman Consulting Group stock traded up $0.41 during mid-day trading on Tuesday, reaching $18.80. 168,517 shares of the company were exchanged, compared to its average volume of 95,883. The company has a fifty day simple moving average of $23.48 and a 200-day simple moving average of $23.94. The firm has a market cap of $329.56 million, a PE ratio of -23.80 and a beta of 1.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 1.43. Bowman Consulting Group has a 12 month low of $17.90 and a 12 month high of $42.90.

Insider Buying and Selling

In other Bowman Consulting Group news, insider Robert Alan Hickey sold 2,500 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $22.46, for a total transaction of $56,150.00. Following the sale, the insider now directly owns 188,177 shares in the company, valued at $4,226,455.42. This represents a 1.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 20.40% of the stock is owned by company insiders.

About Bowman Consulting Group

Bowman Consulting Group Ltd. provides a range of real estate, energy, infrastructure, and environmental management solutions in the United States. It offers civil and site engineering services, such as conceptual land planning, environmental consulting and permitting, planning/zoning and entitlements, roadway and highway designs, erosion and sediment designs, stormwater management designs, construction administration, traffic studies, floodplain studies, and utility relocation designs; and commissioning and energy efficiency services comprise construction observation, direct systems functional performance testing, system development readiness checklist, post occupancy review, review of construction documents, deferred/seasonal functional testing, final commissioning report, and commissioning review of submittals.