Badger Meter (BMI) Beats Stock Market Upswing: What Investors Need to Know

Company Performance - Badger Meter (BMI) closed at $209.78, reflecting a +1.49% change from the previous day, outperforming the S&P 500 which gained 0.12% [1] - Over the past month, shares of Badger Meter have decreased by 10.27%, underperforming the Computer and Technology sector's loss of 3.73% and the S&P 500's loss of 3.45% [2] Earnings Expectations - Badger Meter is expected to release its earnings on January 31, 2025, with an anticipated EPS of $1, representing a 19.05% increase year-over-year [3] - The consensus estimate for revenue is $198.92 million, indicating a 9.04% increase compared to the same quarter of the previous year [3] Analyst Projections - Investors should monitor recent shifts in analyst projections for Badger Meter, as positive estimate revisions can indicate optimism about the company's business outlook [4] - Changes in estimates are correlated with near-term stock prices, which is utilized in the Zacks Rank system to provide a rating [5] Zacks Rank and Valuation - Badger Meter currently holds a Zacks Rank of 2 (Buy), with the Zacks Rank system showing an average annual return of +25% for 1 ranked stocks since 1988 [6] - The company has a Forward P/E ratio of 43.59, which is a premium compared to the industry average Forward P/E of 22.13 [7] - Badger Meter's PEG ratio is 2.29, aligning with the industry average PEG ratio of 2.29 [7] Industry Context - The Instruments - Control industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 177, placing it in the bottom 30% of over 250 industries [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating the relative weakness of the current industry ranking [8]