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NYSE:BMI

Badger Meter (BMI) Stock Price, News & Analysis

Badger Meter logo
$221.00 +2.11 (+0.96%)
(As of 11/22/2024 ET)

About Badger Meter Stock (NYSE:BMI)

Key Stats

Today's Range
$218.93
$222.06
50-Day Range
$199.03
$229.79
52-Week Range
$139.50
$230.76
Volume
184,482 shs
Average Volume
179,525 shs
Market Capitalization
$6.50 billion
P/E Ratio
54.84
Dividend Yield
0.62%
Price Target
$214.75
Consensus Rating
Hold

Company Overview

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. In addition, the company offers ORION Cellular endpoints to power network as a service; ORION mobile read endpoints support for deploying AMR solution; radio products; hardware, instruments, and sensors, and related software, to enhance connected data to a water utility's operation; water quality monitoring solutions, including optical sensing and electrochemical instruments; and high frequency pressure and leak detection sensors to aid in burst pipe and leak events; as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software directly, as well as through resellers and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.

Badger Meter Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

BMI MarketRank™: 

Badger Meter scored higher than 86% of companies evaluated by MarketBeat, and ranked 149th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Badger Meter has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Badger Meter has only been the subject of 3 research reports in the past 90 days.

  • Read more about Badger Meter's stock forecast and price target.
  • Earnings Growth

    Earnings for Badger Meter are expected to grow by 11.69% in the coming year, from $4.19 to $4.68 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Badger Meter is 54.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Badger Meter is 54.84, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 249.71.

  • Price to Earnings Growth Ratio

    Badger Meter has a PEG Ratio of 2.65. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Badger Meter has a P/B Ratio of 11.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Badger Meter's valuation and earnings.
  • Percentage of Shares Shorted

    3.39% of the outstanding shares of Badger Meter have been sold short.
  • Short Interest Ratio / Days to Cover

    Badger Meter has a short interest ratio ("days to cover") of 5.7.
  • Change versus previous month

    Short interest in Badger Meter has recently decreased by 14.16%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Badger Meter has a dividend yield of 0.64%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Badger Meter has been increasing its dividend for 32 years.

  • Dividend Coverage

    The dividend payout ratio of Badger Meter is 33.75%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Badger Meter will have a dividend payout ratio of 29.06% next year. This indicates that Badger Meter will be able to sustain or increase its dividend.

  • Read more about Badger Meter's dividend.
  • Percentage of Shares Shorted

    3.39% of the outstanding shares of Badger Meter have been sold short.
  • Short Interest Ratio / Days to Cover

    Badger Meter has a short interest ratio ("days to cover") of 5.7.
  • Change versus previous month

    Short interest in Badger Meter has recently decreased by 14.16%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Badger Meter has a news sentiment score of 1.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Badger Meter this week, compared to 6 articles on an average week.
  • Search Interest

    7 people have searched for BMI on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Badger Meter to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Badger Meter insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.80% of the stock of Badger Meter is held by insiders.

  • Percentage Held by Institutions

    89.01% of the stock of Badger Meter is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Badger Meter's insider trading history.
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BMI Stock News Headlines

Badger Meter, Inc. (BMI): A Bull Case Theory
Badger Meter: Slowing Growth And A High Price Tag
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Seaport Global Remains a Buy on Badger Meter (BMI)
See More Headlines

BMI Stock Analysis - Frequently Asked Questions

Badger Meter's stock was trading at $154.37 at the beginning of 2024. Since then, BMI shares have increased by 43.2% and is now trading at $221.00.
View the best growth stocks for 2024 here
.

Badger Meter, Inc. (NYSE:BMI) issued its earnings results on Thursday, October, 17th. The scientific and technical instruments company reported $1.08 earnings per share for the quarter, missing analysts' consensus estimates of $1.11 by $0.03. The firm's quarterly revenue was up 11.9% compared to the same quarter last year.

Badger Meter shares split before market open on Friday, September 16th 2016. The 2-1 split was announced on Friday, August 12th 2016. The newly created shares were distributed to shareholders after the closing bell on Thursday, September 15th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Top institutional shareholders of Badger Meter include State Street Corp (4.98%), Geode Capital Management LLC (2.65%), Impax Asset Management Group plc (1.56%) and Charles Schwab Investment Management Inc. (1.15%). Insiders that own company stock include William R A Bergum, Kimberly K Stoll, Fred J Begale and Todd A Adams.
View institutional ownership trends
.

Shares of BMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Badger Meter investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Ex-Dividend for 9/6 Dividend
8/23/2024
Dividend Payable
9/06/2024
Last Earnings
10/17/2024
Today
11/22/2024
Ex-Dividend for 12/6 Dividend
11/22/2024
Dividend Payable
12/06/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/24/2025

Industry, Sector and Symbol

Industry
Fluid meters & counting devices
Sub-Industry
Electronic Equipment & Instruments
CUSIP
05652510
CIK
9092
Employees
2,140
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$214.75
High Stock Price Target
$235.00
Low Stock Price Target
$203.00
Potential Upside/Downside
-2.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$92.60 million
Pretax Margin
19.63%

Debt

Sales & Book Value

Annual Sales
$703.59 million
Cash Flow
$4.31 per share
Book Value
$20.10 per share

Miscellaneous

Free Float
29,176,000
Market Cap
$6.50 billion
Optionable
Optionable
Beta
0.78

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This page (NYSE:BMI) was last updated on 11/23/2024 by MarketBeat.com Staff
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