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Bowman Consulting (BWMN) Soars 5.9%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-25 16:45
Bowman Consulting (BWMN) shares rallied 5.9% in the last trading session to close at $35.95. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 20% gain over the past four weeks.The stock is gaining momentum due to a mix of encouraging developments and growing investor confidence. Key drivers include the announcement of a $25 million innovation fund, the acquisition of e3i Engineers, and strategic contract wins ...
Bowman Announces Dates for Second Quarter 2025 Earnings Release and Webcast
Globenewswire· 2025-07-11 11:30
Core Viewpoint - Bowman Consulting Group Ltd. is set to release its financial results for the second quarter of 2025 on August 6, 2025, with a subsequent webcast scheduled for August 7, 2025, to discuss these results [1]. Company Overview - Bowman Consulting Group Ltd. is a national engineering services and project management firm headquartered in Reston, Virginia, providing infrastructure solutions across various regulated end markets [3]. - The company employs over 2,400 individuals and operates 100 offices throughout the United States, offering a range of services including planning, engineering, geospatial, construction management, commissioning, environmental consulting, and land procurement [3]. - Bowman trades on the Nasdaq under the ticker symbol BWMN [3].
Bowman to Lead Multi-State Aerial Lidar Work Under U.S. Geological Survey's 3D Elevation Program
Globenewswire· 2025-07-10 11:30
Core Insights - Bowman Consulting Group Ltd. has been awarded a federal task order by the U.S. Geological Survey to lead aerial lidar data collection for the 3D Elevation Program, which aims to create a national baseline of high-resolution topographic data [1][2] - The task order covers over 8,800 square miles in regions affected by Hurricane Helene, with Bowman responsible for aerial acquisition and lidar processing, while Merrick & Company will manage the project and conduct ground surveys [2][3] - Bowman has successfully collected and processed over 150,000 square miles of lidar data under the Geospatial Products and Services Contract, reinforcing its position in high-barrier federal programs [3] Company Overview - Bowman Consulting Group is headquartered in Reston, Virginia, and employs over 2,400 staff across more than 100 locations in the U.S., providing a range of engineering and project management services [5] - The company specializes in infrastructure, technology, and project management solutions for clients in various regulated markets [5]
Bowman Acquisition of e3i Engineers Immediately Expands Data Center Design and Interior Systems Engineering Capabilities
Globenewswire· 2025-07-02 11:30
Core Viewpoint - Bowman Consulting Group Ltd. has entered into a definitive purchase agreement to acquire e3i Engineers, enhancing its capabilities in data center engineering and energy infrastructure [1][3]. Company Overview - Bowman Consulting Group Ltd. is a national engineering services firm headquartered in Reston, Virginia, with over 2,400 employees across 100 locations in the U.S. [5]. - e3i Engineers, based in Boston, Massachusetts, specializes in the design of data centers and energy infrastructure, with a portfolio exceeding 3.2 million square feet of designed data center space [2][4]. Strategic Importance of Acquisition - The acquisition of e3i is seen as a strategic move to expand Bowman's services beyond site and civil infrastructure into the core of data center engineering [3]. - e3i's expertise in AI-optimized data center design and innovative cooling technologies positions Bowman for long-term growth in data, digital, and distributed energy markets [2][3]. Financial Aspects - The acquisition will be financed through a combination of cash, seller notes, and a convertible note, aligning with previously discussed target multiples and operating metrics [3]. - Bowman anticipates that the acquisition will initially operate at an annualized net service billing run rate of approximately $2.0 million [3].
Bowman Awarded Phase II Geospatial Assignment for Large-Scale Federal Project
Globenewswire· 2025-06-25 13:20
Contract extends company’s support of 11.2-million-acre nationwide aerial acquisition and orthoimagery project for National Resource Inventory (NRI) programRESTON, Va., June 25, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, was awarded a continuation contract to provide aerial acquisition and orthoimagery services under a new Phase II contract for the National Resource Inventory (NRI) program. The work is to be performed un ...
Bowman Consulting Group (BWMN) Earnings Call Presentation
2025-06-25 08:11
NASDAQ: BWMN INFRASTRUCTURE ENGINEERING FOR THE BUILT ENVIRONMENT TRANSPORTATION POWER & UTILITIES ENERGY BUILDINGS & STRUCTURES NATURAL RESOURCES Fireside Chat | Bank of America | December 10, 2024 Bruce Labovitz Chief Financial Officer Safe Harbor Statement Please note that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future ...
Bowman Consulting Group (BWMN) FY Earnings Call Presentation
2025-06-25 08:09
NASDAQ: BWMN INFRASTRUCTURE PLANNING, ENGINEERING & MANAGEMENT OF THE BUILT ENVIRONMENT TRANSPORTATION POWER & UTILITIES ENERGY BUILDING INFRASTRUCTURE NATURAL RESOURCES 25th Annual B. Riley Securities Investor Conference May 21, 2025 Bruce Labovitz Chief Financial Officer Safe Harbor Statement Please note that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and u ...
Bowman Consulting Group (BWMN) 2025 Earnings Call Presentation
2025-06-25 08:07
TRANSPORTATION POWER & UTILITIES ENERGY BUILDING INFRASTRUCTURE NATURAL RESOURCES Stifel 2025 Boston Cross Sector 1x1 Conference June 4, 2025 NASDAQ: BWMN INFRASTRUCTURE PLANNING, ENGINEERING & MANAGEMENT OF THE BUILT ENVIRONMENT Bruce Labovitz Chief Financial Officer Safe Harbor Statement Please note that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncert ...
Bowman Leads $24 Million Water System Upgrades in Del Norte, CO
Globenewswire· 2025-06-18 11:30
Core Insights - Bowman Consulting Group Ltd. has been awarded a $1.5 million contract for a $24 million municipal water system upgrade in Del Norte, Colorado, marking the town's largest water infrastructure project to date [1][2] - The project will replace a water system over 60 years old, addressing issues such as line breaks and rising maintenance costs, and includes significant infrastructure upgrades [3][4] Company Overview - Bowman Consulting has a decade-long relationship with Del Norte, having supported nearly ten local initiatives, including roadway improvements and a downtown beautification initiative [2] - The company emphasizes its experience in water infrastructure as a critical factor in capturing a growing market, with the EPA estimating over $625 billion needed for water infrastructure improvements in the next 20 years [4][5] Strategic Positioning - The project aligns with Bowman's long-term strategy to expand its presence in essential public infrastructure, aiming to generate durable, high-value backlog [3][4] - Bowman's capabilities in managing complex infrastructure projects are highlighted as a strength that supports steady business growth and community benefits [5]
Bowman Announces Authorization of New $25 Million Share Repurchase Program
Globenewswire· 2025-06-06 11:30
RESTON, Va., June 06, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN) (“Bowman” or the “Company”), a national provider of technical engineering and program management services, today announced the authorization by its Board of Directors of a new share repurchase program under which the Company may repurchase up to $25 million of its common stock over the next 12 months commencing June 9, 2025. This new authorization replaces the Company’s stock repurchase authorization, which terminates ...