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Badger Meter (BMI)
NYSE:BMI
Holding BMI?
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BMI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$139.50 - $239.11
Previous Close$217.72
Volume455.45K
Average Volume (3M)199.55K
Market Cap
$6.40B
Enterprise Value$6.14B
Total Cash (Recent Filing)$258.95M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)54.0
Beta1.02
Next Earnings
Jan 24, 2025EPS Estimate
$1.07Last Dividend Ex-Date
Nov 22, 2024Dividend Yield0.56%
Share Statistics
EPS (TTM)4.03
Shares Outstanding29,410,656
10 Day Avg. Volume5,109,605
30 Day Avg. Volume199,546
Standard Deviation0.08
R-Squared0.27
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)10.83
Price to Sales (P/S)7.97
Price to Cash Flow (P/CF)35.50
P/FCF Ratio36.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.64
Enterprise Value/Gross Profit22.23
Enterprise Value/Ebitda33.75
Forecast
1Y Price Target
$222.75Price Target Upside2.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Badger Meter News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBadger Meter reported a strong 2Q24 operating beat with upside on sales and margins.
Market PositionBadger Meter, a U.S. market leader in water metering solutions, has been outperforming the category with growth strategies in hardware, communications and software which are well aligned with category trends.
Strategic GrowthBadger Meter noted a strong funnel of niche water mergers and acquisitions targets, particularly in sensor technology, with a solid funding position of $259M cash and no debt.
Bears Say
Backlog ImpactNon-repeating elevated backlog conversion aided sales in the quarter and this dampened some of the initial enthusiasm.
Operating MarginOperating margin expansion will also moderate, impacting overall financial performance.
Sales GrowthModerating year-over-year sales growth may constrain price-to-earnings expansion, despite ongoing sales mix shift offering positive tailwinds.
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Ownership Overview
0.40% Insiders
22.80% Mutual Funds
15.63% Other Institutional Investors
24.59% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BMI FAQ
What was Badger Meter’s price range in the past 12 months?
Badger Meter lowest stock price was $139.50 and its highest was $239.10 in the past 12 months.
What is Badger Meter’s market cap?
Currently, no data Available
When is Badger Meter’s upcoming earnings report date?
Badger Meter’s upcoming earnings report date is Jan 24, 2025 which is in 33 days.
How were Badger Meter’s earnings last quarter?
Badger Meter released its earnings results on Oct 17, 2024. The company reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.11 by -$0.03.
Is Badger Meter overvalued?
According to Wall Street analysts Badger Meter’s price is currently Undervalued.
Does Badger Meter pay dividends?
Badger Meter pays a Quarterly dividend of $0.34 which represents an annual dividend yield of 0.56%. See more information on Badger Meter dividends here
What is Badger Meter’s EPS estimate?
Badger Meter’s EPS estimate is $1.07.
How many shares outstanding does Badger Meter have?
Badger Meter has 29,410,656 shares outstanding.
What happened to Badger Meter’s price movement after its last earnings report?
Badger Meter reported an EPS of $1.08 in its last earnings report, missing expectations of $1.11. Following the earnings report the stock price went down -6.289%.
Which hedge fund is a major shareholder of Badger Meter?
Among the largest hedge funds holding Badger Meter’s share is Driehaus Capital Management LLC. It holds Badger Meter’s shares valued at 31M.
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Badger Meter Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$222.75 (2.31% Upside)
$222.75 (2.31% Upside)
Blogger Sentiment
Bullish
BMI Sentiment 88%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 55.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.11%
12-Months-Change
Fundamentals
Return on Equity
21.95%
Trailing 12-Months
Asset Growth
16.40%
Trailing 12-Months
Company Description
Badger Meter
Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serves water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation. Municipal water products comprises of water meters and related technologies to municipal water utilities. Flow Instrumentation products includes meters and valves sold worldwide to various industries for water and other fluids. The company was founded in 1905 and is headquartered in Milwaukee, WI.
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BMI Company Deck
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BMI Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, including significant sales growth and record cash flow, bolstered by increasing reliance on their digital solutions. However, potential weather-related project delays and increased tax rates were noted as challenges. The overall sentiment is positive with a focus on continued growth and strategic investments.Read More>---
BMI Revenue Breakdown
88.28% U.S.
5.56% Europe
1.93% Asia
1.84% Canada
2.39% Other
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BMI Stock 12 Month Forecast
Average Price Target
$222.75
▲(2.31% Upside)
Best Analysts Covering BMI
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+34.63%
reiterated a buy rating 2 months ago
Copying Tate Sullivan's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +34.63% per trade.
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