Most investors will see Wall Street analysts take a new view on the stock and move past it, only weighing how much upside there could be in that specific pick. However, the true benefit of following analyst ratings and valuation targets is that investors can reverse engineer some of these views into a broader industry or peer group sentiment, which then connects the dots to what the economy might take on. With President Trump having announced the April 2 trade tariffs—dubbed “Liberation Day” by some—the mov ...

In the latest market close, Badger Meter (BMI) reached $192.38, with a -1.72% movement compared to the previous day. This change lagged the S&P 500's 1.12% loss on the day. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw a decrease of 2.04%.The the stock of manufacturer of products that measure gas and water flow has fallen by 5.7% in the past month, lagging the Computer and Technology sector's loss of 4.05% and the S&P 500's loss of 2.91%.The investment community wil ...

Badger Meter, Inc. (BMI) , a leading provider of smart water solutions, has witnessed a share price decline of 7.7% year to date (YTD). This decline is steeper than the S&P 500 composite and the Instruments-Control industry’s decline of 2.3% and 2.2%, respectively.Price PerformanceImage Source: Zacks Investment ResearchWith a challenging start to 2025 for BMI, investors must be contemplating how to strategize their investment.Challenges Loom Ahead for BMIRising expenses and intense competition amid broader ...

Company Overview - Badger Meter is the leading North American provider of water management solutions, offering a range of products from flow measurement to software solutions for data analytics [5] - The company is set to celebrate its 120th anniversary in March and aims to modernize outdated water utilities through its technology-focused BlueEdge offering [6] Recent Performance - Badger Meter has experienced a significant pullback, down 16% from its highs in late 2024, despite a long history of outperforming the S&P 500 [3][4] - The company has seen its revenue growth accelerate as customers invest in aging infrastructure rather than just cutting costs [7] Strategic Acquisitions - Badger Meter has made 14 tuck-in acquisitions since 2010 to enhance revenue growth and technological capabilities [8] - The recent $185 million acquisition of SmartCover positions Badger Meter as the largest provider of sewer line monitoring in the U.S., capturing around 50% market share [9][10] Market Trends - The company is well-positioned to benefit from megatrends such as aging infrastructure, stricter environmental regulations, and population growth that demands a more resilient water grid [10] Profitability and Financial Metrics - Badger Meter's SaaS revenue has grown by 28% annually over the last six years, contributing to higher profit margins [14] - The company's return on invested capital (ROIC) stands at 22%, indicating strong management performance in generating profits [16] Dividend Growth - The company raised its dividend by 26% this year, marking 32 consecutive years of annual increases, with a low payout ratio of 25% of free cash flow [17] - Historical performance shows that an investor who bought Badger Meter in 2000 would now receive a 36% yield compared to their original cost basis [18] Valuation - Trading at 41 times free cash flow, Badger Meter is considered more expensive than the market, but its improving profitability and dividend history make it a compelling investment opportunity [20]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to______ Commission File No. 001-06706 BADGER METER, INC. (Exact name of registrant as specified in its charter) | Wisconsin | 39-0143280 | | --- | --- | | (State or other juri ...

Badger Meter, Inc. (BMI) reported earnings per share (EPS) of $1.04 for fourth-quarter 2024, beating the Zacks Consensus Estimate by 3%. Also, the bottom line compared favorably with the year-ago quarter’s EPS of 84 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly net sales were $205.2 million, up around 12.5% from $182.4 million in the year-ago quarter. The uptick resulted from higher sales in the utility water and flow instrumentation segments.Also, the top line sur ...

Badger Meter (BMI) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.97%. A quarter ago, it was expected that this manufacturer of products that measure gas and water flow would post earnings of $1.02 per share when it actually produced earnings of $1.08, delivering a surprise of 5.88 ...

Financial Results Announcement - Badger Meter, Inc. announced its financial results for Q4 2024 on January 31, 2025[4] - The press release detailing the financial results is available as Exhibit 99.1[5] Company Information - The company is listed on the New York Stock Exchange under the symbol BMI[2] - The report was signed by Robert A. Wrocklage, Senior Vice President – Chief Financial Officer[10]

Core Viewpoint - Badger Meter, Inc. (BMI) is expected to report its fourth-quarter 2024 earnings on January 31, with revenue and earnings estimates indicating growth compared to the previous year [1][2]. Financial Performance Expectations - The Zacks Consensus Estimate for revenues is $198.9 million, reflecting a 9% increase year-over-year [2]. - The consensus estimate for earnings is $1.01 per share, indicating a year-over-year increase of 20.2% [2]. - Analysts have raised their earnings estimates by 1 cent in the past 60 days [2]. - BMI has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 10.4% [3]. Factors Influencing Earnings - Continued demand for BMI's smart water solutions, including mechanical and E-Series Ultrasonic meters, ORION Cellular endpoints, and BEACON Software-as-a-Service revenues, is expected to drive revenue growth [4]. - Secular trends in the water industry are increasing demand for digital water solutions, supported by a strong opportunity funnel and order book rates [5]. - The introduction of the BlueEdge platform in May 2024 is anticipated to contribute to revenue growth, with utility water sales rising 14% in the last quarter due to its adoption [6]. Market Expansion and Challenges - BMI is enhancing its presence in selected international markets with growth potential, likely increasing its market share in water-related applications [8]. - Management expressed caution regarding fewer operating days in Q4 due to the holiday season and potential delays in utility projects in the Southeastern U.S. due to hurricane recovery efforts [8][10]. - The company expects high single-digit sales growth rates moving forward, facing challenges from increased expenses, global macroeconomic uncertainty, forex volatility, and intensified competition [10].

Industry Overview - The Zacks Instruments – Control industry comprises manufacturers of precision and specialty motion-control components and systems used in a wide range of industries, including flow measurement, control, and communication solutions for air, water, and other gases and liquids [3] - The industry faces challenges such as unpredictable raw material prices, high capital expenditures, market volatility, supply-chain disruptions, and high customer inventory levels [1] - Despite these challenges, the industry is expected to benefit from a focus on energy-efficient production processes and integrated software systems [1] Key Drivers and Challenges - **Margin Erosion**: The industry faces intense price-sensitive competition, particularly from low-cost suppliers in China, which is expected to erode margins [4] - **Digitized Technologies**: Growth is driven by the adoption of digitized technologies, such as the Industrial Internet of Things, process automation, and safety automation systems [5] - **Raw Material Volatility**: Inflationary pressures, rising transportation costs, and geopolitical tensions have led to increased raw material prices, affecting production schedules and profitability [6] - **Industrial Automation**: Increased adoption of automation across industries, particularly in North America, is expected to drive growth, supported by infrastructural investments and favorable government policies [7] Industry Performance and Valuation - The Zacks Instruments – Control industry has underperformed the S&P 500 and the broader Zacks Computer and Technology sector, with an 8% growth compared to 25.3% and 28.4%, respectively [10] - The industry's trailing 12-month EV/EBITDA ratio is 10.79X, lower than the S&P 500's 19.02X and the sector's 19.28X [12] Key Companies - **Watts Water Technologies (WTS)**: Focuses on water safety and flow control products, benefiting from cost-reduction actions and a strong balance sheet. The company has a long-term earnings growth expectation of 6.8% and delivered an average earnings surprise of 7.1% in the trailing four quarters [14] - **Badger Meter (BMI)**: Provides flow measurement and control solutions, with a focus on digital solutions and real-time data analysis. The company has a long-term earnings growth expectation of 19% and delivered an average earnings surprise of 10.4% in the trailing four quarters [16][17] - **Thermon (THR)**: Offers industrial process heating solutions and has expanded its product lines through acquisitions. The company delivered an average earnings surprise of 14.9% in the trailing four quarters [19] Future Outlook - The industry is expected to benefit from the growing emphasis on digitized technologies, industrial automation, and energy efficiency, despite ongoing challenges such as raw material price volatility and competitive pressures [5][7]