Badger Meter, Inc. provides flow measurement, control, and communication solutions worldwide. It offers mechanical and electronic water meters, and related technologies and services to municipal water utilities; and meters and valves to measure and control materials flowing through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases, as well as for use in water/wastewater, heating, ventilating and air conditioning, oil and gas, chemical and petrochemical, test and measurement, automotive aftermarket, and the concrete construction process industries. The company also provides flow instrumentation technologies to original equipment manufacturers as the primary flow measurement device within a product or system; ORION Migratable for mobile meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that creates alerts for specific conditions and consumer engagement tools that allow end water customers to view and manage their water usage activity. It also serves municipalities, and commercial and industrial customers. The company sells its products through employees, resellers, and representatives. Badger Meter, Inc. was founded in 1905 and is headquartered in Milwaukee, Wisconsin.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fluid meters & counting devices
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
SymbolNYSE:BMI
CUSIP05652510
Phone414-355-0400
Debt
Debt-to-Equity RatioN/A
Current Ratio1.88
Quick Ratio0.92
Price-To-Earnings
Trailing P/E Ratio38.70
Forward P/E Ratio33.86
P/E Growth3.75
Sales & Book Value
Annual Sales$402.44 million
Price / Sales3.33
Cash Flow$2.0251 per share
Price / Cash22.74
Book Value$9.53 per share
Price / Book4.83
Profitability
EPS (Most Recent Fiscal Year)$1.19
Net Income$34.57 million
Net Margins8.22%
Return on Equity12.11%
Return on Assets8.60%
Miscellaneous
Employees1,632
Outstanding Shares29,110,000
Market Cap$1,340.70
Badger Meter (NYSE:BMI) Frequently Asked Questions
What is Badger Meter's stock symbol?
Badger Meter trades on the New York Stock Exchange (NYSE) under the ticker symbol "BMI."
How often does Badger Meter pay dividends? What is the dividend yield for Badger Meter?
Badger Meter announced a quarterly dividend on Friday, April 27th. Stockholders of record on Thursday, May 31st will be given a dividend of $0.13 per share on Friday, June 15th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Wednesday, May 30th. View Badger Meter's Dividend History.
When did Badger Meter's stock split? How did Badger Meter's stock split work?
Badger Meter's stock split before market open on Friday, September 16th 2016. The 2-1 split was announced on Friday, August 12th 2016. The newly minted shares were distributed to shareholders after the closing bell on Thursday, September 15th 2016. An investor that had 100 shares of Badger Meter stock prior to the split would have 200 shares after the split.
How will Badger Meter's stock buyback program work?
Badger Meter declared that its Board of Directors has authorized a stock repurchase plan on Sunday, April 9th 2017, which permits the company to buyback 400,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.
How were Badger Meter's earnings last quarter?
Badger Meter, Inc. (NYSE:BMI) released its earnings results on Tuesday, April, 17th. The scientific and technical instruments company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.11. The scientific and technical instruments company earned $105.04 million during the quarter, compared to analysts' expectations of $107.17 million. Badger Meter had a return on equity of 12.11% and a net margin of 8.22%. The business's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.30 earnings per share. View Badger Meter's Earnings History.
When is Badger Meter's next earnings date?
What price target have analysts set for BMI?
5 Wall Street analysts have issued 12-month price objectives for Badger Meter's stock. Their forecasts range from $41.00 to $65.00. On average, they anticipate Badger Meter's share price to reach $48.25 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Ratings for Badger Meter.
What is the consensus analysts' recommendation for Badger Meter?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Badger Meter in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about Badger Meter stock?
Here are some recent quotes from research analysts about Badger Meter stock:
- 1. According to Zacks Investment Research, "Badger Meter has underperformed the industry on an average in the past year. Increased copper prices will continue to dent the company’s margins in the near term. This apart, the company will likely incur charges related to the termination of its frozen pension plan in 2018, which might affect earnings. Badger Meter‘s stretched valuation is a concern. The company’s trailing 12-month price earnings ratio is higher than that of its industry. Earnings estimates have reduced by 14.4% in the last three months from $1.60 per share to $1.37 on negative investor sentiments. However, Badger Meter remains optimistic about earnings potential in 2018 due to significant rise in backlog and increased order rates. The company is further expected to gain from growing demand for E-Series meters and ORION cellular endpoints." (7/14/2018)
- 2. Canaccord Genuity analysts commented, "We expect Badger will continue to benefit from favorable demand for water/flow measurement and conservation technologies in the future. While we historically have had no issues paying a premium for shares in general, we believe risk outweighs reward right here." (4/4/2018)
Who are some of Badger Meter's key competitors?
Some companies that are related to Badger Meter include Siliconware Precision Industries (SPIL), MKS Instruments (MKSI), 2U (TWOU), GEMALTO NV/S (GTOMY), Eutelsat Communications (EUTLF), Teradata (TDC), GCI Liberty Inc Class A (GLIBA), Etsy (ETSY), Turkcell Iletisim Hizmetleri A.S. (TKC), Rocket Internet (RCKZF), HubSpot (HUBS), BROTHER INDUSTR/ADR (BRTHY), Wix.Com (WIX), DST Systems (DST) and Entegris (ENTG).
Who are Badger Meter's key executives?
Badger Meter's management team includes the folowing people:
- Mr. Richard A. Meeusen, Chairman & CEO (Age 63)
- Mr. Kenneth C. Bockhorst, Pres (Age 45)
- Mr. Richard E. Johnson, Sr. VP of Fin., CFO & Treasurer (Age 63)
- Mr. Kimberly K. Stoll, VP of Sales & Marketing (Age 52)
- Mr. Horst E. Gras, VP of International Operations (Age 62)
Has Badger Meter been receiving favorable news coverage?
News stories about BMI stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Badger Meter earned a media sentiment score of 0.07 on Accern's scale. They also assigned news stories about the scientific and technical instruments company an impact score of 47.53 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Badger Meter's major shareholders?
Badger Meter's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (0.26%) and Xact Kapitalforvaltning AB (0.02%). Company insiders that own Badger Meter stock include Andrew J Policano, Beverly L P Smiley, Fred J Begale, Gale E Klappa, Gregory M Gomez, Horst Gras, Kimberly K Stoll, Raymond G Serdynski, Richard A Meeusen, Richard E Johnson, Ronald H Dix and William R A Bergum. View Institutional Ownership Trends for Badger Meter.
Which major investors are selling Badger Meter stock?
BMI stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB. Company insiders that have sold Badger Meter company stock in the last year include Andrew J Policano, Beverly L P Smiley, Fred J Begale, Gale E Klappa, Kimberly K Stoll, Richard A Meeusen and Richard E Johnson. View Insider Buying and Selling for Badger Meter.
Which major investors are buying Badger Meter stock?
How do I buy shares of Badger Meter?
Shares of BMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Badger Meter's stock price today?
One share of BMI stock can currently be purchased for approximately $46.05.
How big of a company is Badger Meter?
Badger Meter has a market capitalization of $1.34 billion and generates $402.44 million in revenue each year. The scientific and technical instruments company earns $34.57 million in net income (profit) each year or $1.19 on an earnings per share basis. Badger Meter employs 1,632 workers across the globe.
How can I contact Badger Meter?
Badger Meter's mailing address is 4545 WEST BROWN DEER ROAD, MILWAUKEE WI, 53223. The scientific and technical instruments company can be reached via phone at 414-355-0400 or via email at [email protected]
MarketBeat Community Rating for Badger Meter (NYSE BMI)
MarketBeat's community ratings are surveys of what our community members think about Badger Meter and other stocks. Vote "Outperform" if you believe BMI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
