Badger Meter(BMI)
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Badger Meter (BMI) to Post Q2 Earnings: Key Factors to Note
ZACKS· 2024-07-15 15:31
Core Insights - The Zacks Consensus Estimate for Badger Meter, Inc. (BMI) revenues is $200.9 million, indicating a growth of 14.23% year-over-year, while the earnings estimate is 98 cents per share, reflecting a 29% increase from the previous year [1][3]. Group 1: Company Performance - BMI's revenue growth is attributed to rising demand for innovative smart water solutions, including E-Series ultrasonic meters, ORION Cellular endpoints, and BEACON Software-as-a-Service, with utility water sales increasing by 29% in the last reported quarter [3]. - The introduction of the BlueEdge solution in May 2024 is expected to contribute positively to top-line expansion [12]. - Synergies from acquisitions, particularly the remote water monitoring solutions from Trimble, are likely to have favorably impacted BMI's top-line results [13]. Group 2: Market Conditions - The company faces challenges from a volatile global macroeconomic environment, foreign exchange fluctuations, and intensified competition, which may have negatively affected its second-quarter performance [5]. - Rising expenses are anticipated to exert pressure on BMI's profit margins [5]. Group 3: Earnings Predictions - BMI is predicted to beat earnings estimates based on a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [6][18]. - The company has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 12.7% [11].
Badger Meter (BMI) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-12 15:02
Core Viewpoint - Badger Meter (BMI) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with a consensus EPS estimate of $0.98 per share, reflecting a 29% increase compared to the previous year [1][2]. Earnings Expectations - The expected quarterly revenue for Badger Meter is $200.88 million, representing a 14.2% increase from the same quarter last year [16]. - The Most Accurate Estimate for Badger Meter is higher than the Zacks Consensus Estimate, leading to a positive Earnings ESP of +1.18%, indicating a likelihood of beating the consensus EPS estimate [5][12]. Historical Performance - Over the last four quarters, Badger Meter has consistently beaten consensus EPS estimates, achieving a surprise of +16.47% in the last reported quarter [13][20]. - The consensus EPS estimate has been revised 3.19% higher in the last 30 days, reflecting analysts' reassessment of the company's earnings potential [23]. Analyst Sentiment - Analysts have recently become more optimistic about Badger Meter's earnings prospects, as indicated by the positive Earnings ESP and a Zacks Rank of 2 (Buy) [5][19]. - The predictive power of the Earnings ESP is notably strong when combined with a favorable Zacks Rank, which increases the likelihood of a positive earnings surprise [18].
Badger Meter (BMI) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-06-28 23:05
The latest trading session saw Badger Meter (BMI) ending at $186.35, denoting a +0.11% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.41%. Elsewhere, the Dow lost 0.12%, while the tech-heavy Nasdaq lost 0.71%. Shares of the manufacturer of products that measure gas and water flow witnessed a loss of 3.13% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 6.52% and the S&P 500's gain of 3.53%. Market participants w ...
Badger Meter (BMI) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-06-24 23:21
It's also important to note that BMI currently trades at a PEG ratio of 3.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Instruments - Control industry held an average PEG ratio of 2.29. The the stock of manufacturer of products that measure gas and water flow has fallen by 6.1% in the past month, lagging the Computer and Technology sector's gain of 6.41% and the S&P 500's ...
Badger Meter (BMI) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-06-17 23:05
Company Performance - Badger Meter (BMI) closed at $189.01, reflecting a +1.36% change from the previous session, outperforming the S&P 500's daily gain of 0.77% [1] - Analysts expect Badger Meter to report earnings of $0.98 per share, indicating a year-over-year growth of 28.95%, with revenue projected at $199.75 million, a 13.58% increase compared to the same quarter last year [2][10] - Over the past month, Badger Meter shares experienced a loss of 5.45%, underperforming the Computer and Technology sector's loss of 3.05% and the S&P 500's gain of 3.71% [6] Valuation Metrics - Badger Meter has a PEG ratio of 3.08, compared to the industry average of 2.29, indicating a higher valuation relative to expected earnings growth [4] - The company is currently trading at a Forward P/E ratio of 47.95, which is a premium compared to the industry average Forward P/E of 26.16 [8] Analyst Estimates and Rankings - Recent changes in analyst estimates for Badger Meter are crucial as positive revisions indicate a favorable business outlook [7] - Badger Meter holds a Zacks Rank of 1 (Strong Buy), with a historical average annual gain of +25% for 1 ranked stocks since 1988 [11] - The Instruments - Control industry, which includes Badger Meter, has a Zacks Industry Rank of 8, placing it in the top 4% of over 250 industries [12]
Badger Meter (BMI) Surges 22.1% YTD: Will the Rally Continue?
ZACKS· 2024-06-14 11:31
Badger Meter, Inc. (BMI) is continuing its upward trajectory, with a gain of 22.1% year to date compared with the S&P 500 composite and sub-industry's growth of 7.6% and 13.9%, respectively. Apart from a favorable rank, BMI has a Growth Score of B. Per Zacks' proprietary methodology, stocks with a combination of a Zacks Rank #1 or 2 (Buy) and a Growth Score of A or B offer solid investment opportunities. Image Source: Zacks Investment Research Badger Meter is a leading provider of water solutions, which inc ...
Badger Meter (BMI) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-06-11 23:01
Company Performance - Badger Meter (BMI) ended the latest trading session at $185.98, reflecting a slight increase of +0.01% from the previous close, underperforming the S&P 500's daily gain of 0.27% [1] - Over the last month, Badger Meter's shares have decreased by 4.24%, which is better than the Computer and Technology sector's loss of 4.82% but worse than the S&P 500's gain of 2.85% [6] Earnings and Revenue Estimates - For the entire fiscal year, earnings are projected at $3.89 per share and revenue at $799.07 million, indicating increases of +23.89% and +13.57% respectively from the prior year [2] - The upcoming earnings report is expected to show EPS of $0.98, representing a growth of 28.95% from the same quarter last year, with revenue forecasted at $199.75 million, indicating a 13.58% increase year-over-year [7] Analyst Ratings and Valuation - Badger Meter currently holds a Zacks Rank of 1 (Strong Buy), which has historically produced an average annual return of +25% since 1988 [3] - The company is trading at a Forward P/E ratio of 47.82, which is a premium compared to the industry average Forward P/E of 26.37 [4] - The PEG ratio for Badger Meter is 3.07, higher than the industry average PEG ratio of 2.3 [10] Industry Context - The Instruments - Control industry, which includes Badger Meter, ranks in the top 4% of all industries according to the Zacks Industry Rank [11]
Badger Meter (BMI) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-05-30 23:01
Badger Meter (BMI) closed the most recent trading day at $192.15, moving +0.8% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.6%. Elsewhere, the Dow lost 0.86%, while the tech-heavy Nasdaq lost 1.08%. The manufacturer of products that measure gas and water flow's stock has climbed by 4.44% in the past month, falling short of the Computer and Technology sector's gain of 7.76% and outpacing the S&P 500's gain of 3.15%. Investors will be eagerly watching f ...
5 Dividend Aristocrats To Sell Before It's Too Late
seekingalpha.com· 2024-05-25 11:00
LumerB The stock market recently recorded its 24th record high this year. 24th Record High of The Year (May 21st) VA S&P 500 Total Return (*SPXTR) Level % Change Nasdaq-100 Total Return (*NA100TR) Level % Change 12.19% 11.58% 12.19% 10.00% 5.00% 0.00% -5.00% Jan '24 Feb '24 Mar '24 Apr '24 May '24 May 22, 2024, 8:58 AM EDT Powered by 丫CHARTS Ycharts Naturally, many investors are worried about buying at record highs, thinking stocks are overvalued. Buying Stocks At Record Highs Is A Smart Long-Term Choice Fi ...
Badger Meter (BMI) Advances But Underperforms Market: Key Facts
zacks.com· 2024-05-24 23:01
Badger Meter (BMI) ended the recent trading session at $200.64, demonstrating a +0.5% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.7%. Elsewhere, the Dow gained 0.01%, while the tech-heavy Nasdaq added 1.1%. The manufacturer of products that measure gas and water flow's stock has climbed by 8.64% in the past month, exceeding the Computer and Technology sector's gain of 8.26% and the S&P 500's gain of 4.03%. Market participants will be closely f ...