Table of Contents In addition, certain water utilities are converting from mechanical to static meters. Ultrasonic water metering maintains a high level of measurement accuracy over the life of the meter, reducing a utility's non-revenue water. The Company has over a decade of proven reliability in the market with its ultrasonic meters. Acquisitions The total purchase consideration for Syrinix, net of cash acquired, was $17.1 million. The Company's allocation of the purchase price at December 31, 2023 inclu ...

In the past year, shares of BMI have gained 16.5% compared with the sub-industry's growth of 15.2%. Image Source: Zacks Investment Research Other Details Cash Flow & Liquidity NVIDIA Corporation (NVDA) , sporting a Zacks Rank #1 (Strong Buy) at present, delivered a trailing fourquarter earnings surprise of 18.43%, on average. In the last reported quarter, it delivered an earnings surprise of 11.48%. You can see the complete list of today's Zacks #1 Rank stocks here. Silicon Motion Technology Corporation (SI ...

Badger Meter, Inc. (NYSE:BMI) Q2 2024 Earnings Call Transcript July 19, 2024 11:00 AM ET Company Participants Karen Bauer - VP of IR, Corporate Strategy and Treasurer Ken Bockhorst - Chairman, President and CEO Bob Wrocklage - CFO Conference Call Participants Nathan Jones - Stifel Andrew Krill - Deutsche Bank Rob Mason - Baird Operator Ladies and gentlemen, welcome to the Second Quarter 2024 Badger Meter Earnings Conference Call. After the prepared remarks, there will be an opportunity to ask questions. [Op ...

fi | --- | --- | --- | --- | --- | |---------------------|-------|-------|-------|-------| | | | | | | | | | | | | | Badger Meter | | | | | | Second Quarter 2024 | | | | | | Financial Results | | | | | | July 19, 2024 | | | | | | | | | | | | | | | | | In this presentation certain non-GAAP financial measures may be used. Please see the supplemental financial schedules at the end of this presentation for a reconciliation to the appropriate GAAP measure. 3 • Healthy pipeline and bid funnel; back half of year f ...

Over the last four quarters, the company has surpassed consensus EPS estimates four times. Badger Meter shares have added about 25.7% since the beginning of the year versus the S&P 500's gain of 16.2%. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings es ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ CURRENT REPORT Badger Meter, Inc. (Exact name of registrant as specified in its charter) 1-6706 (Commission File Number) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | --- | --- | --- | |---------------------------|-------------------|------------------------------------------------------ ...

That is because Badger Meter is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for BMI in this report. Why is this Important? Given that BMI has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of ear ...

Core Insights - Badger Meter is identified as a potential outperformer and a solid choice for growth investors due to its favorable Growth Score and top Zacks Rank [7][9][20] Earnings Growth - Earnings growth is a critical factor for investors, with Badger Meter's projected EPS growth at 25.5% this year, significantly higher than the industry average of 15.2% [17] - The historical EPS growth rate for Badger Meter stands at 16.8% [17] Cash Flow Growth - Badger Meter's year-over-year cash flow growth is reported at 30.2%, surpassing the industry average of 25.6% [18] - The company's annualized cash flow growth rate over the past 3-5 years is 11.8%, compared to the industry average of 9.1% [12] Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for Badger Meter, with the Zacks Consensus Estimate increasing by 1.3% over the past month [13] - A positive trend in earnings estimate revisions is noted as a strong indicator of near-term stock price movements [19] Growth Investment Focus - Growth investors prioritize stocks with above-average financial growth, which helps attract market attention and deliver solid returns [8] - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [15]

Group 1 - Badger Meter is part of the Computer and Technology group, which ranks 6 in the Zacks Sector Rank among 16 groups [1] - Badger Meter has a Zacks Rank of 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook [3][4] - Year-to-date, Badger Meter has achieved a return of approximately 30.5%, outperforming the average return of 26.4% for its peers in the Computer and Technology sector [7] Group 2 - Badger Meter belongs to the Instruments - Control industry, currently ranked 12 in the Zacks Industry Rank, with an average gain of 19.2% this year [5] - Turtle Beach, another stock in the Computer and Technology sector, has a year-to-date return of 46% and a Zacks Rank of 2 (Buy) [2][8] - The Computer - Peripheral Equipment industry, which includes Turtle Beach, is ranked 19 and has declined by 20.5% this year [5]

Group 1: Earnings Expectations - Wingstop (WING), Badger Meter (BMI), and Packaging Corporation of America (PKG) are expected to deliver positive earnings surprises, supported by favorable Zacks Rank and positive Earnings ESP scores [1][17] - The earnings season is anticipated to be strong, particularly driven by the technology sector [8][26] Group 2: Company Performance - Badger Meter (BMI) reported earnings and revenue growth rates of 50% and 23% respectively, contributing to a significant post-earnings stock movement [5] - Wingstop (WING) shares have increased by 50% in 2024, outperforming the S&P 500, due to better-than-expected results [10] - Badger Meter (BMI) shares have gained 28% year-to-date, also outperforming the S&P 500's 20% increase [12] - Packaging Corporation of America (PKG) shares have lagged with a 15% gain in 2024, but have shown recovery after facing pressure post-earnings [14] Group 3: Financial Metrics - Badger Meter (BMI) achieved free cash flow of $18.8 million, a 37% year-over-year increase, which supports its quarterly dividend yielding 0.6% annually [13] - Wingstop's Zacks Consensus EPS estimate is $0.79, reflecting an 11% increase over recent months and suggesting nearly 40% year-over-year growth [20] - Packaging Corporation of America (PKG) has a quarterly sales estimate of $2.0 billion, which has increased by 3.5% over recent months, with expected earnings and revenue growth of 29% and 14% respectively [23]