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Is Badger Meter (BMI) Outperforming Other Computer and Technology Stocks This Year?
Badger MeterBadger Meter(US:BMI) zacks.comยท2024-05-24 14:45

Company Performance - Badger Meter (BMI) has gained approximately 29.3% year-to-date, outperforming the average return of 16.8% in the Computer and Technology sector [4] - The Zacks Consensus Estimate for BMI's full-year earnings has increased by 9.9% over the past three months, indicating improved analyst sentiment and a more positive earnings outlook [4] Industry Comparison - Badger Meter belongs to the Instruments - Control industry, which is ranked 11 in the Zacks Industry Rank and has seen an average gain of 18.6% this year, indicating BMI's strong performance within its industry [6] - In contrast, Diebold Nixdorf, Incorporated (DBD), which belongs to the Internet - Software industry ranked 58, has returned 53.3% year-to-date, with a consensus EPS estimate increase of 83.8% over the past three months [5][6] Zacks Rank - Badger Meter currently holds a Zacks Rank of 1 (Strong Buy), suggesting it has the characteristics to outperform the market in the near term [3] - Diebold Nixdorf also has a Zacks Rank of 1 (Strong Buy), indicating strong potential for continued performance [5]