Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
RESTON, Va. - Bowman Consulting Group Ltd. (NASDAQ:BWMN), a $646 million market cap engineering firm showing impressive 19.5% revenue growth, has entered into a $4.5 million master service agreement with the DuPage Water Commission to provide construction engineering services for Section 2 of the WaterLink Pipeline Project, according to a press release statement issued Tuesday. According to InvestingPro analysis, the company appears undervalued despite trading near its 52-week high of $37.70.
The agreement covers construction engineering for approximately six miles of new 54-inch diameter water transmission main, which is part of a larger 30-mile pipeline extension. The WaterLink Pipeline is a $250 million infrastructure initiative designed to expand potable water services to growing suburban communities in Illinois. This contract adds to Bowman’s robust project pipeline, with the company maintaining an impressive 52.7% gross profit margin.
Under the contract, Bowman will oversee construction that involves complex installation adjacent to high-tension overhead electrical lines and requires crossing highways, rail lines, utility corridors and streams using specialized construction methods.
The WaterLink project aims to bring Lake Michigan drinking water to the Kendall County communities of Montgomery, Oswego and Yorkville by extending service from a connection point in Naperville. Construction is scheduled to begin in 2025 and continue through 2028.
This contract adds to Bowman’s portfolio of construction engineering assignments for infrastructure projects in the region, which includes work on the Mile Long Bridge, I-80, I-55 and I-90.
Bowman Consulting Group, headquartered in Reston, Virginia, is a national engineering services firm with over 2,400 employees across more than 100 locations throughout the United States. The company provides planning, engineering, geospatial, construction management, commissioning, environmental consulting and other technical services. InvestingPro subscribers can access 18 additional investment tips and a comprehensive Pro Research Report, offering deep insights into BWMN’s financial health and growth prospects.
In other recent news, Bowman Consulting Group Ltd reported impressive financial results for the second quarter of 2025, exceeding analyst expectations. The company achieved an earnings per share of $0.55, a significant 139.13% above the projected $0.23. Additionally, Bowman Consulting’s revenue reached $122.1 million, surpassing the anticipated $106.33 million by 14.83%. In a separate development, DA Davidson raised its price target for Bowman Consulting to $43.00 from $32.00, maintaining a Buy rating. The firm highlighted the company’s strong margin execution and high-single-digit net revenue organic growth as key factors for the upgrade. Furthermore, improved backlog figures were noted, indicating robust business demand. These developments reflect a positive outlook for Bowman Consulting Group Ltd.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.