BWMN Stock Analysis: Bowman Consulting | NASDAQ
Engineering & Construction | NASDAQ, USA | Market Cap: 515m USD | 12M Return: -4.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.00M
Qual. Beats: -1
Rev. Trend: 99.1%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Bowman Consulting Group Ltd. (NASDAQ: BWMN) is a U.S.-based engineering, technical consulting, and program management firm headquartered in Reston, Virginia, founded in 1995. The company operates as a professional services provider, generating revenue through fee-based contracts with public agencies, utilities, and private developers across multiple infrastructure end-markets. It is classified within the Industrials sector and trades as a small-cap stock following its May 2021 IPO.
The companys service portfolio spans three broad areas: traditional infrastructure engineering (site/civil design, structural, MEP, transportation, ports, aviation, and bridge inspection); energy and utility infrastructure (LNG pipeline systems, power generation facility design, grid resiliency planning, data center feasibility, utility undergrounding, and transmission corridor design); and asset management services (geospatial imaging, drone inspection, LiDAR, GIS mapping, right-of-way acquisition, and digital tools such as AI-enabled feasibility studies and digital twin technology).
The business model is project-driven and benefits from multi-year tailwinds in U.S. infrastructure spending, including federal initiatives supporting grid modernization, transportation upgrades, and data center expansion. Revenue is tied to demand for outsourced technical consulting rather than product sales, exposing the firm to public-sector budget cycles and private-sector capital expenditure trends.
- IIJA infrastructure spending accelerates transportation and utility revenue
- Data center design pipeline expands amid AI and cloud buildout
- Acquisition-driven growth pressures margins as labor costs rise
| Net Income: 10.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.19 > 1.0 |
| NWC/Revenue: -3.15% < 20% (prev 8.63%; Δ -11.78% < -1%) |
| CFO/TA 0.06 > 3% & CFO 35.4m > Net Income 10.6m |
| Net Debt (331.8m) to EBITDA (46.0m): 7.21 < 3 |
| Current Ratio: 0.93 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.5m) vs 12m ago 0.60% < -2% |
| Gross Margin: 46.34% > 18% (prev 52.38%; Δ -6.04% > 0.5%) |
| Asset Turnover: 90.04% > 50% (prev 84.08%; Δ 5.96% > 0%) |
| Interest Coverage Ratio: 1.32 > 6 (EBIT TTM 16.6m / Interest Expense TTM 12.5m) |
| A: -0.03 (Total Current Assets 222.1m - Total Current Liabilities 237.9m) / Total Assets 589.8m |
| B: -0.02 (Retained Earnings -14.2m / Total Assets 589.8m) |
| C: 0.03 (EBIT TTM 16.6m / Avg Total Assets 559.3m) |
| D: 0.74 (Book Value of Equity 250.9m / Total Liabilities 338.9m) |
| Altman-Z'' = 0.72 = B |
| DSRI: 0.76 (Receivables 135.9m/158.8m, Revenue 503.6m/444.6m) |
| GMI: 1.13 (GM 52.38% / 46.34%) |
| AQI: 0.94 (AQ_t 0.46 / AQ_t-1 0.48) |
| SGI: 1.13 (Revenue 503.6m / 444.6m) |
| TATA: -0.04 (NI 10.6m - CFO 35.4m) / TA 589.8m) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of July 09, 2026, the stock is trading at USD 28.11 with a total of 89,313 shares traded. Over the past week, the price has changed by -3.73%, over one month by -13.11%, over three months by -8.23% and over the past year by -4.87%.
Current recommended Stop Loss: 26.40 (which is 6.1% or 1.4 ATR below the current price).
Bowman Consulting has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy BWMN.
- StrongBuy: 5
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 48.3 | 71.9% |
P/E Trailing = 47.4839
P/E Forward = 33.0033
P/S = 1.0236
P/B = 2.0048
Revenue TTM = 503.6m USD
EBIT TTM = 16.6m USD
EBITDA TTM = 46.0m USD
Long Term Debt = 29.3m USD (from longTermDebt, last quarter)
Short Term Debt = 155.8m USD (from shortTermDebt, last quarter)
Debt = 343.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 92.4m
Net Debt = 331.8m USD (calculated: Debt 343.8m - CCE 12.0m)
Enterprise Value = 847.2m USD (515.4m + Debt 343.8m - CCE 12.0m)
Interest Coverage Ratio = 1.32 (Ebit TTM 16.6m / Interest Expense TTM 12.5m)
EV/FCF = 26.67x (Enterprise Value 847.2m / FCF TTM 31.8m)
FCF Yield = 3.75% (FCF TTM 31.8m / Enterprise Value 847.2m)
FCF Margin = 6.31% (FCF TTM 31.8m / Revenue TTM 503.6m)
Net Margin = 2.10% (Net Income TTM 10.6m / Revenue TTM 503.6m)
Gross Margin = 46.34% ((Revenue TTM 503.6m - Cost of Revenue TTM 270.2m) / Revenue TTM)
Gross Margin QoQ = 45.45% (prev 38.98%)
Tobins Q-Ratio = 1.44 (Enterprise Value 847.2m / Total Assets 589.8m)
Interest Expense / Debt = 3.64% (Interest Expense 12.5m / Debt 343.8m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 13.1m (EBIT 16.6m * (1 - 21.00%))
Current Ratio = 0.93 (Total Current Assets 222.1m / Total Current Liabilities 237.9m)
Debt / Equity = 1.37 (Debt 343.8m / totalStockholderEquity, last quarter 250.9m)
Debt / EBITDA = 7.21 (Net Debt 331.8m / EBITDA 46.0m)
Debt / FCF = 10.45 (Net Debt 331.8m / FCF TTM 31.8m)
Total Stockholder Equity = 255.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.89% (Net Income 10.6m / Total Assets 589.8m)
RoE = 4.14% (Net Income TTM 10.6m / Total Stockholder Equity 255.9m)
RoCE = 5.82% (EBIT 16.6m / Capital Employed (Equity 255.9m + L.T.Debt 29.3m))
RoIC = 2.65% (NOPAT 13.1m / Invested Capital 495.6m)
WACC = 7.59% (E(515.4m)/V(859.2m) * Re(10.74%) + D(343.8m)/V(859.2m) * Rd(3.64%) * (1-Tc(0.21)))
Discount Rate = 10.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 51.11 | Cagr: 10.88%
[DCF] Terminal Value 76.40% ; FCFF base≈30.8m ; Y1≈33.0m ; Y5≈39.5m
[DCF] Fair Price = 15.71 (EV 606.9m - Net Debt 331.8m = Equity 275.1m / Shares 17.5m; r=8.35% [WACC [floored]]; 5y FCF grow 7.72% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.93 | # QB: -1
Revenue Correlation: 99.14 | Revenue CAGR: 19.82% | SUE: -0.89 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.46 | Chg30d=-14.40% | Revisions=-62% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.50 | Chg30d=-4.71% | Revisions=-12% | Analysts=5
EPS current Year (2026-12-31): EPS=1.70 | Chg30d=-1.37% | Revisions=+12% | GrowthEPS=+1.1% | GrowthRev=+21.0%
EPS next Year (2027-12-31): EPS=2.37 | Chg30d=+4.00% | Revisions=+29% | GrowthEPS=+39.6% | GrowthRev=+18.5%
[Analyst] Revisions Ratio: -14% (up=8, down=11)