Badger Meter, Inc. (BMI)
- Previous Close
181.14 - Open
181.87 - Bid 185.04 x 900
- Ask 185.33 x 800
- Day's Range
182.20 - 186.78 - 52 Week Range
128.94 - 186.78 - Volume
225,455 - Avg. Volume
186,282 - Market Cap (intraday)
5.479B - Beta (5Y Monthly) 0.86
- PE Ratio (TTM)
53.56 - EPS (TTM)
3.48 - Earnings Date Jul 18, 2024 - Jul 22, 2024
- Forward Dividend & Yield 1.04 (0.57%)
- Ex-Dividend Date Feb 22, 2024
- 1y Target Est
173.20
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. In addition, the company offers ORION Cellular endpoints to power network as a service; ORION mobile read endpoints support for deploying AMR solution; radio products; hardware, instruments, and sensors, and related software, to enhance connected data to a water utility's operation; water quality monitoring solutions, including optical sensing and electrochemical instruments; and high frequency pressure and leak detection sensors to aid in burst pipe and leak events; as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software directly, as well as through resellers and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.
www.badgermeter.com2,140
Full Time Employees
December 31
Fiscal Year Ends
Sector
Scientific & Technical Instruments
Industry
Recent News: BMI
Performance Overview: BMI
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: BMI
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Statistics: BMI
Valuation Measures
Market Cap
5.32B
Enterprise Value
5.13B
Trailing P/E
52.20
Forward P/E
52.63
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
7.21
Price/Book (mrq)
9.94
Enterprise Value/Revenue
6.92
Enterprise Value/EBITDA
32.31
Financial Highlights
Profitability and Income Statement
Profit Margin
13.81%
Return on Assets (ttm)
11.75%
Return on Equity (ttm)
20.59%
Revenue (ttm)
740.77M
Net Income Avi to Common (ttm)
102.31M
Diluted EPS (ttm)
3.48
Balance Sheet and Cash Flow
Total Cash (mrq)
199.31M
Total Debt/Equity (mrq)
1.00%
Levered Free Cash Flow (ttm)
85.54M
Research Analysis: BMI
Company Insights: BMI
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: BMI
The Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.
Analyst Report: Badger Meter Inc.
Badger Meter Inc. offers water meters and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline. Its products are in use in over 50 countries. The company is based in Milwaukee, Wisconsin, and has about 1,800 employees.
RatingPrice TargetMarket Update: DFS, PG, SANM, VLO, BMI, AA
At midday, U.S. stocks are treading water as investors seemingly await big earnings news that is due out after the close, with Microsft and Alphabet both reporting. Also keeping a lid on trading is pending news from the Federal Reserve that will come on Wednesday afternoon, though it is deemed almost a certainty that interst rates will not be changed. In intraday news, GM shares are solidly higher after the company easily beat expectatiosn for both sales and revenue. As of this writing, the S&P 500 is essentially unchanged, the Dow is slightly higher, and the Nasdaq and Rusell 2000 are both slightly lower. Crude oil and gold are both up, at about 1.2% and 0.35%, respectively.
The Argus Dividend Growth Model Portfolio
Dividend income is often overlooked amid gyrations in the stock market. But dividends are an important element of return. Dividend income accounted for 42% of the total return of the S&P 500 between 1930 and 2012, according to Hartford Funds. And that's just the average. In some of those decades, dividends accounted for more than 50% of total returns and even 100% of returns. More recently, dividends have accounted for a smaller portion of returns, at around 15%-20%. Not all dividends are created equal, though, and it is important to understand the difference between the two main categories: high-yield stocks and dividend-growth stocks. High-yield stocks typically have dividends that pay out in the 5%-8% range. Though the income appears attractive, the share prices of high-yield stocks may be at risk. Dividend-growth stocks typically have lower yields, often in the 1.0%-2.5% range. But the lower-yielding dividends are not likely to be a huge component of cash flow, leaving management teams with other value-additive options for deploying cash. Further, while the yields are not as high, management teams may be more likely to boost the payouts over time, as earnings grow.