We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Badger Meter (BMI) Registers a Bigger Fall Than the Market: Important Facts to Note
Read MoreHide Full Article
Badger Meter (BMI - Free Report) closed the most recent trading day at $180.87, moving -1.72% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 1.16% for the day. Elsewhere, the Dow lost 0.47%, while the tech-heavy Nasdaq lost 1.81%.
The manufacturer of products that measure gas and water flow's shares have seen an increase of 6.98% over the last month, surpassing the Computer and Technology sector's gain of 1% and the S&P 500's gain of 1.03%.
Investors will be eagerly watching for the performance of Badger Meter in its upcoming earnings disclosure. In that report, analysts expect Badger Meter to post earnings of $1.14 per share. This would mark year-over-year growth of 9.62%. Our most recent consensus estimate is calling for quarterly revenue of $231.63 million, up 12.89% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.79 per share and a revenue of $927.59 million, signifying shifts of +13.24% and +12.22%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Badger Meter. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.13% lower within the past month. Badger Meter is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Badger Meter's current valuation metrics, including its Forward P/E ratio of 38.41. Its industry sports an average Forward P/E of 25.1, so one might conclude that Badger Meter is trading at a premium comparatively.
Meanwhile, BMI's PEG ratio is currently 3.04. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Instruments - Control industry currently had an average PEG ratio of 2.19 as of yesterday's close.
The Instruments - Control industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 45, finds itself in the top 19% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BMI in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Badger Meter (BMI) Registers a Bigger Fall Than the Market: Important Facts to Note
Badger Meter (BMI - Free Report) closed the most recent trading day at $180.87, moving -1.72% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 1.16% for the day. Elsewhere, the Dow lost 0.47%, while the tech-heavy Nasdaq lost 1.81%.
The manufacturer of products that measure gas and water flow's shares have seen an increase of 6.98% over the last month, surpassing the Computer and Technology sector's gain of 1% and the S&P 500's gain of 1.03%.
Investors will be eagerly watching for the performance of Badger Meter in its upcoming earnings disclosure. In that report, analysts expect Badger Meter to post earnings of $1.14 per share. This would mark year-over-year growth of 9.62%. Our most recent consensus estimate is calling for quarterly revenue of $231.63 million, up 12.89% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.79 per share and a revenue of $927.59 million, signifying shifts of +13.24% and +12.22%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Badger Meter. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.13% lower within the past month. Badger Meter is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Badger Meter's current valuation metrics, including its Forward P/E ratio of 38.41. Its industry sports an average Forward P/E of 25.1, so one might conclude that Badger Meter is trading at a premium comparatively.
Meanwhile, BMI's PEG ratio is currently 3.04. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Instruments - Control industry currently had an average PEG ratio of 2.19 as of yesterday's close.
The Instruments - Control industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 45, finds itself in the top 19% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BMI in the coming trading sessions, be sure to utilize Zacks.com.