Badger Meter(BMI)

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Badger Meter(BMI) - 2024 Q2 - Quarterly Results
2024-07-19 12:35
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: | --- | --- | --- | |---------------------------|-------------------|------------------------------------------------------ ...
Is a Surprise Coming for Badger Meter (BMI) This Earnings Season?
ZACKS· 2024-07-18 13:51
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 ...
3 Reasons Why Growth Investors Shouldn't Overlook Badger Meter (BMI)
ZACKS· 2024-07-17 17:45
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]
Is Badger Meter (BMI) Stock Outpacing Its Computer and Technology Peers This Year?
ZACKS· 2024-07-17 14:40
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]
Earnings Season: 3 Stocks that Could Positively Surprise
ZACKS· 2024-07-16 00:11
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]
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
Badger Meter (BMI) closed the latest trading day at $189.01, indicating a +1.36% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.77%. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 0.95%. The investment community will be paying close attention to the earnings performance of Badger Meter in its upcoming release. In that report, analysts expect Badger Meter to post earnings of $0.98 per share. This wo ...