Last 7 days
4.8%
Last 30 days
20.5%
Last 90 days
34.0%
Trailing 12 Months
39.2%
Historical Charts for Stock Metrics
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 |
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.
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 DetailsDatesorted 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% |
Unveiling Badger Meter Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | 27.86 | 7.33 | ||||
APH | 74.9B | 12.8B | 36.76 | 5.83 | ||||
GLW | 28.6B | 12.4B | 46.36 | 2.31 | ||||
FTV | 27.1B | 6.1B | 30.14 | 4.42 | ||||
FLEX | 12.3B | 29.4B | 16.29 | 0.42 | ||||
MID-CAP | ||||||||
CGNX | 7.9B | 847.2M | 79.08 | 9.3 | ||||
ARW | 6.8B | 31.3B | 9.49 | 0.22 | ||||
BMI | 5.6B | 740.8M | 54.95 | 7.59 | ||||
AVT | 4.6B | 24.7B | 8.08 | 0.19 | ||||
ESE | 2.8B | 968.8M | 30.31 | 2.91 | ||||
SMALL-CAP | ||||||||
CNXN | 1.6B | 2.8B | 19.99 | 0.6 | ||||
BHE | 1.4B | 2.8B | 21.38 | 0.5 | ||||
GPRO | 278.0M | 986.2M | -0.77 | 0.28 | ||||
AEY | 32.0M | 56.7M | -3.8 | 0.59 | ||||
CPSH | 25.8M | 26.4M | 33.65 | 0.98 |
Badger Meter Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
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 | ||||||||||||||||||||||
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 (Quarterly) | ||||||||||||||||||||||
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 |
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 |
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 |