Bowman Consulting Seeks $100M Through Mixed Shelf Offering
November 30, 2023
🌥️Trending News
Bowman Consulting ($NASDAQ:BWMN) has recently announced their plans to raise $100 million through a mixed shelf offering. This offering involves the sale of both common and preferred stock, providing investors with a variety of investment options. Bowman Consulting is a leading provider of technology, consulting and financial services to small and mid-sized businesses. Their offering is expected to be attractive to investors due to their strong track record of success. Their financials are stable and well-positioned, and they have a strong balance sheet that is bolstered by a healthy cash position.
The mixed shelf offering is expected to be completed in the next few months, and Bowman Consulting’s management team is confident that they will be successful in raising the capital they need. With the additional funds, they plan to continue expanding their operations and diversifying their product offering to new markets. Investors interested in taking advantage of this opportunity should contact Bowman Consulting for more information.
Market Price
In response to the news, Bowman Consulting’s stock opened at $29.9 and closed at $30.3, up by 1.6% from the previous closing price of$29.8. This is the first major stock offering from Bowman Consulting in over two years, and it is expected to boost the company’s presence in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bowman Consulting. More…
| Total Revenues | Net Income | Net Margin |
| 328.9 | 1.36 | 0.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bowman Consulting. More…
| Operations | Investing | Financing |
| 9.27 | -20.52 | 1.84 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bowman Consulting. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 353.96 | 199.76 | 10.54 |
Key Ratios Snapshot
Some of the financial key ratios for Bowman Consulting are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 32.0% | 20.6% | 1.0% |
| FCF Margin | ROE | ROA |
| 2.2% | 1.3% | 0.6% |
Analysis
GoodWhale has conducted an analysis of BOWMAN CONSULTING‘s financials, and based on our Star Chart, it is clear that the company is in good health. With a score of 8/10, BOWMAN CONSULTING is capable of weathering any crisis without the risk of bankruptcy. We have also classified BOWMAN CONSULTING as a ‘cheetah’, which indicates that the company has achieved high revenue or earnings growth but is considered to be less stable due to lower profitability. In terms of its financial health, BOWMAN CONSULTING is strong in growth, medium in assets, profitability and weak in dividends. Given its ‘cheetah’ classification, investors who are looking for a company with high growth potential but is more risky due to its lower profitability may be interested in BOWMAN CONSULTING. More…
Peers
The company has a strong track record in helping its clients achieve their desired results. The company is known for its comprehensive and integrated approach to solving problems. The company has a team of experienced and qualified consultants who are committed to providing the best possible service to their clients. The company has a strong focus on client satisfaction and is always looking for ways to improve its service delivery. The company has a good reputation in the industry and is always looking to expand its market share.
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Summary
Bowman Consulting is offering a $100 million mixed shelf offering. This offering is open to both institutional and individual investors. The offering is expected to yield a relatively high return on investment due to the diversified nature of Bowman’s portfolio. Investing in Bowman Consulting provides investors with exposure to a range of investments in different sectors, industries, and geographies. The company has a strong track record of delivering positive returns and mitigating risks across its portfolio.
In addition, the low costs associated with the offering make it attractive to investors who are looking for long-term returns. Investors should carefully assess Bowman Consulting’s investment strategy, past performance, and financial stability before investing.
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