BMI - Badger Meter Inc Stock Price, Fair Value and News

191.76USD+1.04 (+0.55%)Market Closed

Market Summary

USD191.76+1.04

Market Closed

0.55%

BMI Alerts

Big jump in Earnings (Y/Y)

BMI Stock Price

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BMI RSI Chart

BMI Valuation

Market Cap

5.6B

Price/Earnings (Trailing)

54.95

Price/Sales (Trailing)

7.59

EV/EBITDA

36.03

Price/Free Cashflow

54.48

BMI Price/Sales (Trailing)

BMI Profitability

EBT Margin

18.15%

Return on Equity

19.1%

Return on Assets

13.76%

Free Cashflow Yield

1.84%

BMI Fundamentals

BMI Revenue

Revenue (TTM)

740.8M

Rev. Growth (Yr)

23.37%

Rev. Growth (Qtr)

7.59%

BMI Earnings

Earnings (TTM)

102.3M

Earnings Growth (Yr)

50.04%

Earnings Growth (Qtr)

17.84%

Breaking Down BMI Revenue

Last 7 days

4.8%

Last 30 days

20.5%

Last 90 days

34.0%

Trailing 12 Months

39.2%

How does BMI drawdown profile look like?

BMI Financial Health

Current Ratio

3.48

BMI Investor Care

Dividend Yield

0.54%

Dividend/Share (TTM)

1.04

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

3.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	740.8M	0	0	0
2023	592.3M	630.3M	668.5M	703.6M
2022	519.8M	534.7M	554.0M	565.6M
2021	434.9M	466.6M	481.8M	505.2M
2020	428.3M	415.8M	420.8M	425.5M
2019	433.6M	423.5M	421.5M	424.6M
2018	405.9M	415.3M	426.0M	433.7M
2017	394.8M	395.2M	398.9M	402.4M
2016	394.6M	399.5M	396.4M	393.8M
2015	364.9M	368.1M	371.3M	377.7M
2014	345.8M	353.1M	356.4M	364.8M
2013	315.2M	321.6M	327.4M	334.1M
2012	281.8M	288.6M	306.0M	319.7M
2011	272.2M	273.1M	267.0M	262.9M
2010	0	259.1M	267.9M	276.6M
2009	0	0	0	250.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Badger Meter Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 29, 2024	cook melanie k.	acquired	83,963	185	452	-
Apr 29, 2024	tellock glen e	acquired	83,963	185	452	-
Apr 29, 2024	mcgill james w	acquired	83,963	185	452	-
Apr 29, 2024	brooks henry f	acquired	83,963	185	452	-
Apr 29, 2024	myers tessa m.	acquired	83,963	185	452	-
Apr 29, 2024	stern james f	acquired	83,963	185	452	-
Mar 06, 2024	bockhorst kenneth	sold (taxes)	-1,188,500	162	-7,295	chairman, president & ceo
Mar 06, 2024	begale fred j	sold	-195,993	162	-1,203	vp-engineering
Mar 06, 2024	bergum william r a	sold	-218,150	162	-1,339	vp-gen. counsel and secretary
Mar 06, 2024	weltzien daniel r	sold (taxes)	-62,561	162	-384	vp-controller

Which funds bought or sold BMI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Envestnet Portfolio Solutions, Inc.	added	7.91	36,347	313,610	-%
May 06, 2024	Advisory Services Network, LLC	added	106	133,919	248,455	0.01%
May 06, 2024	HighTower Advisors, LLC	reduced	-12.25	-99,000	1,208,000	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	90.34	2,146,000	4,303,000	0.03%
May 06, 2024	Candriam S.C.A.	added	15.1	1,532,170	8,955,700	0.06%
May 06, 2024	VitalStone Financial, LLC	unchanged	-	-	3,000	-%
May 06, 2024	Quantbot Technologies LP	added	99.81	782,171	1,496,900	0.08%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	38.00	810	-%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	242,494	4,155,930	0.03%
May 06, 2024	SG Americas Securities, LLC	reduced	-7.1	-65,000	2,391,000	0.01%

Are Funds Buying or Selling BMI?

Are funds buying BMI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BMI

No. of Funds

BMI Alerts

Big jump in Earnings (Y/Y)

Unveiling Badger Meter Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.44%	3,651,786	SC 13G/A
Jan 24, 2024	state street corp	5.60%	1,642,226	SC 13G/A
Jan 19, 2024	blackrock inc.	17.6%	5,160,764	SC 13G/A
Feb 09, 2023	vanguard group inc	12.00%	3,512,449	SC 13G/A
Feb 01, 2023	state street corp	6.30%	1,843,709	SC 13G/A
Jan 20, 2023	blackrock inc.	17.8%	5,220,667	SC 13G/A
Feb 14, 2022	impax asset management group plc	3.73%	1,091,204	SC 13G
Feb 10, 2022	state street corp	5.87%	1,717,486	SC 13G
Feb 09, 2022	vanguard group inc	11.60%	3,393,097	SC 13G/A
Jan 27, 2022	blackrock inc.	17.0%	4,963,228	SC 13G/A

Recent SEC filings of Badger Meter Inc

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	8-K	Current Report
Apr 19, 2024	10-Q	Quarterly Report

Peers (Alternatives to Badger Meter Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.8T	381.6B	7.54%	5.11%	27.86	7.33	-0.90%	6.43%
APH	74.9B	12.8B	6.23%	65.48%	36.76	5.83	1.52%	6.35%
GLW	28.6B	12.4B	2.70%	6.20%	46.36	2.31	-9.51%	-33.28%
FTV	27.1B	6.1B	-8.59%	18.87%	30.14	4.42	3.71%	17.79%
FLEX	12.3B	29.4B	0.24%	39.85%	16.29	0.42	-1.12%	-8.06%
MID-CAP
CGNX	7.9B	847.2M	13.56%	-7.48%	79.08	9.3	-8.39%	-42.67%
ARW	6.8B	31.3B	-0.25%	7.84%	9.49	0.22	-14.93%	-46.67%
BMI	5.6B	740.8M	20.51%	39.19%	54.95	7.59	25.07%	42.99%
AVT	4.6B	24.7B	5.30%	23.61%	8.08	0.19	-6.09%	-33.76%
ESE	2.8B	968.8M	5.52%	13.28%	30.31	2.91	9.35%	8.73%
SMALL-CAP
CNXN	1.6B	2.8B	-4.93%	60.32%	19.99	0.6	-10.09%	0.74%
BHE	1.4B	2.8B	30.69%	87.76%	21.38	0.5	-4.25%	-5.27%
GPRO	278.0M	986.2M	-9.80%	-57.11%	-0.77	0.28	-6.21%	-5303.34%
AEY	32.0M	56.7M	-14.40%	28.92%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.8M	26.4M	-1.11%	-35.97%	33.65	0.98	-2.48%	-64.63%

Badger Meter Inc News

Latest updates

Badger Meter Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	7.6%	196	182	186	176	159	147	148	138	132	136	129	123	118	112	114	91.00	109	108	109	104	105
Gross Profit	8.0%	77.00	71.00	73.00	69.00	63.00	57.00	58.00	55.00	51.00	55.00	51.00	50.00	49.00	44.00	45.00	36.00	43.00	41.00	42.00	40.00	40.00
S&GA Expenses	3.1%	41.00	39.00	41.00	40.00	38.00	34.00	34.00	33.00	32.00	32.00	32.00	31.00	32.00	27.00	26.00	23.00	27.00	25.00	25.00	25.00	26.00
EBITDA Margin	4.2%	0.20*	0.19*	0.19*	0.18*	0.18*	0.18*	0.18*	0.18*	0.17*	0.18*	0.18*	0.18*	0.18*	0.18*	0.18*	0.17*	0.17*	0.17*	0.17*	-	-
Interest Expenses	9.2%	2.00	1.00	1.00	1.00	1.00	0.00	0.00	-0.01	-0.01	0.00	-0.01	-0.01	-0.01	-0.01	0.00	-0.03	-0.03	0.00	-0.07	-0.08	-0.13
Income Taxes	2.7%	9.00	9.00	7.00	8.00	6.00	5.00	6.00	5.00	4.00	6.00	4.00	5.00	4.00	4.00	5.00	3.00	4.00	4.00	4.00	4.00	3.00
Earnings Before Taxes	13.9%	38.00	33.00	33.00	30.00	26.00	23.00	24.00	22.00	19.00	23.00	19.00	19.00	18.00	17.00	20.00	13.00	16.00	16.00	16.00	15.00	14.00
EBT Margin	4.7%	0.18*	0.17*	0.17*	0.16*	0.16*	0.16*	0.16*	0.16*	0.15*	0.16*	0.15*	0.16*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.14*	-	-
Net Income	17.8%	29.00	25.00	26.00	22.00	19.00	18.00	18.00	17.00	14.00	17.00	16.00	14.00	14.00	13.00	15.00	10.00	12.00	12.00	13.00	11.00	11.00
Net Income Margin	4.9%	0.14*	0.13*	0.13*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.11*	0.11*	0.11*	0.11*	-	-
Free Cashflow	-47.7%	19.00	36.00	28.00	20.00	14.00	29.00	22.00	18.00	8.00	26.00	14.00	12.00	29.00	13.00	19.00	20.00	29.00	18.00	19.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.7%	743	717	690	659	633	603	574	560	546	531	519	499	486	471	449	440	431	422	417	405	403
Current Assets	6.4%	471	442	423	389	361	348	326	304	281	261	246	219	204	224	233	223	211	200	192	176	171
Cash Equivalents	3.9%	199	192	163	142	128	138	115	100	89.00	87.00	67.00	57.00	51.00	72.00	94.00	85.00	70.00	49.00	38.00	24.00	15.00
Inventory	4.4%	160	154	148	145	132	120	114	111	103	100	92.00	91.00	84.00	82.00	77.00	77.00	74.00	82.00	85.00	83.00	81.00
Net PPE	-1.3%	73.00	74.00	74.00	75.00	75.00	74.00	72.00	74.00	76.00	78.00	80.00	82.00	82.00	83.00	82.00	83.00	85.00	86.00	87.00	89.00	89.00
Goodwill	0.3%	113	113	113	114	114	101	99.00	101	103	104	105	106	17.00	89.00	71.00	71.00	71.00	71.00	71.00	71.00	4.00
Current Liabilities	2.4%	135	132	129	119	116	110	102	97.00	89.00	82.00	80.00	72.00	72.00	68.00	60.00	63.00	60.00	57.00	59.00	54.00	58.00
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.00	4.00	4.00	4.00	5.00	11.00
Shareholder's Equity	3.7%	536	516	493	476	458	442	423	416	410	403	392	382	370	361	352	341	336	331	324	316	309
Retained Earnings	4.6%	480	459	442	424	408	395	384	373	362	354	342	332	323	315	307	297	293	286	279	271	264
Additional Paid-In Capital	2.2%	60.00	59.00	58.00	56.00	54.00	53.00	52.00	51.00	50.00	49.00	48.00	47.00	46.00	45.00	44.00	43.00	43.00	42.00	40.00	40.00	39.00
Accumulated Depreciation	1.3%	154	152	154	153	150	147	144	143	141	139	137	135	135	135	132	130	127	124	122	125	126
Shares Outstanding	-	29.00	-	29.00	29.00	29.00	-	29.00	29.00	29.00	-	29.00	29.00	29.00	-	29.00	29.00	29.00	-	29.00	29.00	29.00
Float	-	-	-	-	4,300	-	-	-	2,350	-	-	-	2,850	-	-	-	1,820	-	-	-	1,720	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-43.4%	21,460	37,945	31,433	22,769	17,970	29,708	23,831	19,662	9,250	27,076	15,365	14,513	30,556	15,900	21,392	21,748	30,538	19,575	20,236	23,088	17,815
Share Based Compensation	3.8%	1,271	1,225	1,356	1,601	1,006	978	704	851	615	793	590	573	374	374	336	398	307	332	328	289	265
Cashflow From Investing	-176.3%	-5,676	-2,054	-3,014	-2,739	-21,323	-1,201	-1,917	-1,632	-1,141	-903	-1,636	-2,564	-46,320	-32,338	-2,276	-1,637	-1,942	-1,907	-1,123	-2,306	-2,160
Cashflow From Financing	2.6%	-7,712	-7,918	-7,008	-6,591	-6,568	-5,947	-6,519	-6,270	-5,869	-5,838	-4,154	-5,670	-4,845	-5,808	-9,831	-5,308	-6,872	-6,654	-5,196	-12,152	-13,707
Dividend Payments	0.3%	7,942	7,918	7,917	6,591	6,626	6,589	6,580	5,843	5,869	5,837	5,839	5,240	5,239	5,232	5,230	4,940	4,938	4,943	4,935	4,360	4,357
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	182	61.00	406	2,467	1,849	521	964	1,873

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BMI Income Statement

2024-03-31

Consolidated Condensed Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 196,280	$ 159,101
Cost of sales	119,102	96,285
Gross margin	77,178	62,816
Selling, engineering and administration	40,600	37,770
Operating earnings	36,578	25,046
Interest income, net	(1,526)	(622)
Other pension and postretirement costs	12	32
Earnings before income taxes	38,092	25,636
Provision for income taxes	8,961	6,221
Net earnings	$ 29,131	$ 19,415
Earnings per share:
Basic	$ 0.99	$ 0.66
Diluted	0.99	0.66
Dividends declared per common share	$ 0.27	$ 0.23
Shares used in computation of earnings per share:
Basic	29,320,483	29,255,184
Impact of dilutive securities	174,005	165,770
Diluted	29,494,488	29,420,954

BMI Balance Sheet

2024-03-31

Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 199,310	$ 191,782
Receivables	92,287	83,507
Inventories:
Finished goods	37,414	34,764
Work in process	41,178	41,261
Raw materials	81,852	77,649
Total inventories	160,444	153,674
Prepaid expenses and other current assets	18,557	13,214
Total current assets	470,598	442,177
Property, plant and equipment, at cost	227,043	225,988
Less accumulated depreciation	(154,109)	(152,110)
Net property, plant and equipment	72,934	73,878
Intangible assets, at cost less accumulated amortization	52,471	53,737
Other assets	11,293	11,249
Deferred income taxes	22,704	22,715
Goodwill	113,474	113,163
Total assets	743,474	716,919
Current liabilities:
Payables	90,617	81,807
Accrued compensation and employee benefits	15,588	29,871
Warranty and after-sale costs	12,425	11,102
Other current liabilities	16,464	9,168
Total current liabilities	135,094	131,948
Long-term deferred revenue	54,181	49,763
Deferred income taxes	4,894	5,061
Accrued non-pension postretirement benefits	3,831	3,614
Other accrued employee benefits	5,404	5,293
Other long-term liabilities	4,503	4,758
Commitments and contingencies (Note 5)
Shareholders’ equity:
Common stock, $1 par, authorized 80,000,000, issued 37,221,098 shares in 2024 and 2023	37,221	37,221
Capital in excess of par value	60,468	59,185
Reinvested earnings	479,925	458,719
Accumulated other comprehensive loss	(5,268)	(1,646)
Less: Treasury stock, at cost, 7,827,368 shares in 2024 and 7,873,781 in 2023	(36,779)	(36,997)
Total shareholders’ equity	535,567	516,482
Total liabilities and shareholders’ equity	$ 743,474	$ 716,919

About Badger Meter Inc

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static 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, including water, air, steam, oil, 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 (SE) for traditional fixed network applications; and ORION Cellular for utility-owned fixed network infrastructure, 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, industrial, and other industries. It sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is based in Milwaukee, Wisconsin.

CEO	Mr. Kenneth C. Bockhorst
WEBSITE	badgermeter.com
INDUSTRY	Consumer Electronics
EMPLOYEES	1976

Badger Meter Inc Frequently Asked Questions

What is the ticker symbol for Badger Meter Inc? What does BMI stand for in stocks?

BMI is the stock ticker symbol of Badger Meter Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Badger Meter Inc (BMI)?

As of Tue May 07 2024, market cap of Badger Meter Inc is 5.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BMI stock?

You can check BMI's fair value in chart for subscribers.

What is the fair value of BMI stock?

You can check BMI's fair value in chart for subscribers. The fair value of Badger Meter Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Badger Meter Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BMI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Badger Meter Inc a good stock to buy?

The fair value guage provides a quick view whether BMI is over valued or under valued. Whether Badger Meter Inc is cheap or expensive depends on the assumptions which impact Badger Meter Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BMI.

What is Badger Meter Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, BMI's PE ratio (Price to Earnings) is 54.95 and Price to Sales (PS) ratio is 7.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BMI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Badger Meter Inc's stock?

In the past 10 years, Badger Meter Inc has provided 0.24 (multiply by 100 for percentage) rate of return.