In the latest session, Bowman Consulting Group Ltd (NASDAQ: BWMN) closed at $35.69 down -9.60% from its previous closing price of $39.48. In other words, the price has decreased by -$3.79 from its previous closing price. On the day, 688809 shares were traded. BWMN stock price reached its highest trading level at $36.00 during the session, while it also had its lowest trading level at $34.53.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
For a deeper understanding of Bowman Consulting Group Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.85. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on December 08, 2023, initiated with a Buy rating and assigned the stock a target price of $45.
On September 05, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $46.
On June 01, 2021, DA Davidson started tracking the stock assigning a Buy rating and target price of $18.DA Davidson initiated its Buy rating on June 01, 2021, with a $18 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 21 ’24 when Labovitz Bruce J sold 10,000 shares for $41.83 per share. The transaction valued at 418,300 led to the insider holds 293,288 shares of the business.
Labovitz Bruce J sold 2,500 shares of BWMN for $93,575 on Mar 19 ’24. The Chief Financial Officer now owns 303,288 shares after completing the transaction at $37.43 per share. On Mar 18 ’24, another insider, Hickey Robert Alan, who serves as the Chief Legal Officer of the company, sold 8,000 shares for $38.94 each. As a result, the insider received 311,480 and left with 214,403 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BWMN now has a Market Capitalization of 547.46M and an Enterprise Value of 667.46M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 3.30. Its current Enterprise Value per Revenue stands at 1.93 whereas that against EBITDA is 37.80.
Stock Price History:
Over the past 52 weeks, BWMN has reached a high of $42.90, while it has fallen to a 52-week low of $25.52. The 50-Day Moving Average of the stock is 34.89, while the 200-Day Moving Average is calculated to be 31.56.
Shares Statistics:
For the past three months, BWMN has traded an average of 70.67K shares per day and 196.67k over the past ten days. A total of 15.09M shares are outstanding, with a floating share count of 11.58M. Insiders hold about 24.52% of the company’s shares, while institutions hold 46.46% stake in the company. Shares short for BWMN as of Feb 29, 2024 were 216.3k with a Short Ratio of 3.15, compared to 202.54k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.48% and a Short% of Float of 1.97%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of $0.05 and a low estimate of -$0.18, while EPS last year was $0.04. The consensus estimate for the next quarter is $0.11, with high estimates of $0.19 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.67 and $0.2 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is $1.09, with 4 analysts recommending between $1.8 and $0.64.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $95.63M this quarter.It ranges from a high estimate of $99.09M to a low estimate of $92.01M. As of the current estimate, Bowman Consulting Group Ltd’s year-ago sales were $76.1M, an estimated increase of 25.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $106.8M, an increase of 29.10% over than the figure of $25.70% in the same quarter last year. There is a high estimate of $108.74M for the next quarter, whereas the lowest estimate is $105.6M.
A total of 4 analysts have provided revenue estimates for BWMN’s current fiscal year. The highest revenue estimate was $424.62M, while the lowest revenue estimate was $418.25M, resulting in an average revenue estimate of $421.07M. In the same quarter a year ago, actual revenue was $346.26M, up 21.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $463.17M in the next fiscal year. The high estimate is $467M and the low estimate is $460M. The average revenue growth estimate for next year is up 10.00% from the average revenue estimate for this year.
