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Badger Meter Inc

BMI

148.33USD-1.87 (-1.25%)Market Closed
Watchlist

Market Summary

USD148.33-1.87
Market Closed
-1.25%

BMI Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

BMI Stock Price

View Fullscreen

BMI RSI Chart

BMI Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

51.51

Price/Sales (Trailing)

6.58

EV/EBITDA

33.81

Price/Free Cashflow

48.5

BMI Price/Sales (Trailing)

BMI Profitability

EBT Margin

16.67%

Return on Equity

17.34%

Return on Assets

12.38%

Free Cashflow Yield

2.06%

BMI Fundamentals

BMI Revenue

Revenue (TTM)

668.5M

Revenue Y/Y

25.8%

Revenue Q/Q

5.88%

BMI Earnings

Earnings (TTM)

85.4M

Earnings Y/Y

44.81%

Earnings Q/Q

15.45%

Price Action

52 Week Range

103.93170.86
(Low)(High)

Last 7 days

2.3%

Last 30 days

5.8%

Last 90 days

-7.6%

Trailing 12 Months

33.4%

How does BMI drawdown profile look like?

BMI Financial Health

Current Ratio

3.28

BMI Investor Care

Dividend Yield

0.64%

Dividend/Share (TTM)

0.96

Shares Dilution (1Y)

0.27%

Diluted EPS (TTM)

2.9

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023592.3M630.3M668.5M0
2022519.8M534.7M554.0M565.6M
2021434.9M466.6M481.8M505.2M
2020428.3M415.8M420.8M425.5M
2019433.6M423.5M421.5M424.6M
2018405.9M415.3M426.0M433.7M
2017394.8M395.2M398.9M402.4M
2016394.6M399.5M396.4M393.8M
2015364.9M368.1M371.3M377.7M
2014345.8M353.1M356.4M364.8M
2013315.2M321.6M327.4M334.1M
2012281.8M288.6M306.0M319.7M
2011272.2M273.1M267.0M262.9M
2010256.9M263.5M270.1M276.6M
2009000250.3M

Latest Insider Trading transactions for BMI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Aug 02, 2023
adams todd a.
sold
-427,247
162
-2,627
-
Aug 02, 2023
adams todd a.
acquired
101,271
38.55
2,627
-
Jun 12, 2023
bockhorst kenneth
gifted
-
-
-1,310
chairman, president & ceo
May 01, 2023
mcgill james w
acquired
78,106
136
572
-
May 01, 2023
tellock glen e
acquired
78,106
136
572
-
May 01, 2023
stern james f
acquired
78,106
136
572
-
May 01, 2023
myers tessa m.
acquired
78,106
136
572
-
May 01, 2023
cook melanie k.
acquired
78,106
136
572
-
May 01, 2023
brooks henry f
acquired
78,106
136
572
-
Mar 07, 2023
begale fred j
sold
-55,408
117
-470
vp-engineering

1–10 of 50

Which funds bought or sold BMI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 05, 2023
TAP Consulting, LLC
reduced
-22.18
-669,009
2,103,390
0.54%
Dec 04, 2023
Phoenix Holdings Ltd.
new
-
590,062
590,062
-%
Nov 27, 2023
USA FINANCIAL FORMULAS
reduced
-0.46
-2,826
92,940
0.14%
Nov 27, 2023
TRUST CO OF VERMONT
unchanged
-
-1,845
71,935
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-15.53
-1,703,000
7,951,550
-%
Nov 22, 2023
Graham Capital Management, L.P.
new
-
640,940
640,940
0.01%
Nov 22, 2023
KBC Group NV
unchanged
-
-
36,911,000
0.15%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-30.36
-2,464,860
5,213,270
0.04%
Nov 21, 2023
COMERICA BANK
added
43.29
2,187,200
2,187,200
0.01%
Nov 21, 2023
Carlson Capital Management
unchanged
-
-33,475
1,305,190
0.08%

1–10 of 48

Latest Funds Activity

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

Schedule 13G FIlings of Badger Meter Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jan 25, 2022
blackrock inc.
17.0%
4,963,228
SC 13G/A
Feb 16, 2021
impax asset management group plc
6.32%
1,840,773
SC 13G
Feb 10, 2021
vanguard group inc
11.29%
3,286,785
SC 13G/A

Recent SEC filings of Badger Meter Inc

View All Filings
Date Filed Form Type Document
Oct 24, 2023
10-Q
Quarterly Report
Oct 19, 2023
8-K
Current Report
Oct 03, 2023
4
Insider Trading
Oct 03, 2023
4
Insider Trading

Peers (Alternatives to Badger Meter Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.0T
383.3B
7.30% 34.57%
30.83
7.8
-2.80% -2.81%
55.1B
12.5B
9.35% 18.49%
28.7
4.42
0.45% 3.30%
26.5B
13.0B
3.86% -13.49%
28.4
1.93
-10.09% -68.03%
24.1B
6.0B
4.71% 3.23%
29.15
4.01
6.01% 19.45%
11.1B
30.0B
-2.70% 19.27%
14.07
0.37
5.10% -3.68%
MID-CAP
6.6B
34.6B
-2.63% 10.66%
6.27
0.19
-6.07% -26.90%
6.6B
880.3M
7.06% -20.49%
42.16
7.53
-12.90% -26.40%
4.4B
668.5M
5.79% 33.36%
51.51
6.58
20.67% 28.96%
4.4B
26.1B
-0.45% 6.09%
5.66
0.16
2.54% 3.99%
2.5B
956.0M
4.73% 13.15%
28.38
2.71
11.49% 12.42%
SMALL-CAP
1.6B
2.9B
4.79% 18.43%
21.05
0.57
-9.59% -15.59%
894.5M
2.9B
2.24% -10.75%
13.16
0.31
4.68% 14.39%
545.6M
1.0B
28.83% -33.77%
-11.44
0.53
-11.40% -160.83%
46.6M
56.7M
1062.96% 127.54%
-5.3
0.82
-41.04% -726.48%
33.4M
26.9M
-5.71% -24.26%
22.27
1.24
0.90% -27.90%

Badger Meter Inc News

Latest updates
MarketBeat06 Dec 202301:05 pm32 hours ago
Yahoo Finance06 Dec 202308:41 am36 hours ago
MarketBeat05 Dec 202307:31 pm2 days ago
Yahoo Finance04 Dec 202303:40 pm3 days ago
Nasdaq23 Nov 202308:00 am14 days ago
Nasdaq20 Nov 202308:00 am17 days ago
Yahoo Finance10 Nov 202308:00 am27 days ago
Yahoo Finance01 Nov 202307:00 am36 days ago
StreetInsider.com30 Oct 202308:14 pm38 days ago
The Motley Fool19 Oct 202307:00 am49 days ago
Seeking Alpha19 Oct 202307:00 am49 days ago
Markets Insider19 Oct 202307:00 am49 days ago
Nasdaq16 Oct 202307:00 am52 days ago
Yahoo Finance13 Oct 202307:00 am55 days ago

Financials for Badger Meter Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue5.9%18617615914714813813213612912311811211491.00109108109104105104111
Gross Profit4.7%73.0069.0063.0057.0058.0055.0051.0055.0051.0050.0049.0044.0045.0036.0043.0041.0042.0040.0040.0040.0044.00
  S&GA Expenses3.4%41.0040.0038.0034.0034.0033.0032.0032.0032.0031.0032.0027.0026.0023.0027.0025.0025.0025.0026.0025.0028.00
EBITDA Margin1.2%0.19*0.18*0.18*0.18*0.18*0.18*0.17*0.18*0.18*0.18*0.15*0.15*0.15*0.15*0.15*0.14*0.14*0.11*0.09*0.08*-
Interest Expenses45.1%1.001.001.000.000.00-0.01-0.010.00-0.01-0.01-0.01-0.010.00-0.03-0.030.00-0.07-0.08-0.13-0.16-0.29
Income Taxes-15.1%7.008.006.005.006.005.004.006.004.005.004.004.005.003.004.004.004.004.003.003.001.00
Earnings Before Taxes7.6%33.0030.0026.0023.0024.0022.0019.0023.0019.0019.0018.0017.0020.0013.0016.0016.0016.0015.0014.0015.004.00
EBT Margin2.2%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*0.11*0.09*0.08*-
Net Income15.5%26.0022.0019.0018.0018.0017.0014.0017.0016.0014.0014.0013.0015.0010.0012.0012.0013.0011.0011.0011.003.00
Net Income Margin4.1%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*0.09*0.07*0.06*-
Free Cashflow41.4%28.0020.0014.0029.0022.0018.008.0026.0014.0012.0029.0013.0019.0020.0029.0018.0019.0021.0016.0019.00-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets4.6%690659633603574560546531519499486471449440431422417405403393401
  Current Assets8.8%423389361348326304281261246219204224233223211200192176171165171
    Cash Equivalents14.9%16314212813811510089.0087.0067.0057.0051.0072.0094.0085.0070.0049.0038.0024.0015.0013.0011.00
  Inventory2.1%14814513212011411110310092.0091.0084.0082.0077.0077.0074.0082.0085.0083.0081.0081.0084.00
  Net PPE-0.4%74.0075.0075.0074.0072.0074.0076.0078.0080.0082.0082.0083.0082.0083.0085.0086.0087.0089.0089.0090.0092.00
  Goodwill-1.0%11311411410199.0010110310410510617.0089.0071.0071.0071.0071.0071.0071.004.0071.0071.00
  Current Liabilities8.3%12911911611010297.0089.0082.0080.0072.0072.0068.0060.0063.0060.0057.0059.0054.0058.0060.0078.00
  Short Term Borrowings--------------4.004.004.004.005.0011.0018.0036.00
Shareholder's Equity3.6%493476458442423416410403392382370361352341336331324316309304295
  Retained Earnings4.3%442424408395384373362354342332323315307297293286279271264257250
  Additional Paid-In Capital3.8%58.0056.0054.0053.0052.0051.0050.0049.0048.0047.0046.0045.0044.0043.0043.0042.0040.0040.0039.0038.0037.00
Accumulated Depreciation0.3%154153150147144143141139137135135135132130127124122125126123123
Shares Outstanding0.1%29.0029.0029.00-29.0029.0029.00-29.0029.0029.00-29.0029.0029.00-29.0029.0029.00-29.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations38.1%31,433,00022,769,00017,970,00029,708,00023,831,00019,662,0009,250,00027,076,00015,365,00014,513,00030,556,00015,900,00021,392,00021,748,00030,538,00019,575,00020,236,00023,088,00017,815,00020,467,00014,684,000
  Share Based Compensation-15.3%1,356,0001,601,0001,006,000978,000704,000851,000615,000793,000590,000573,000374,000374,000336,000398,000307,000332,000328,000289,000265,000800,0002,430,000
Cashflow From Investing-10.0%-3,014,000-2,739,000-21,323,000-1,201,000-1,917,000-1,632,000-1,141,000-903,000-1,636,000-2,564,000-46,320,000-32,338,000-2,276,000-1,637,000-1,942,000-1,907,000-1,123,000-2,306,000-2,160,000-1,424,000-1,977,000
Cashflow From Financing-6.3%-7,008,000-6,591,000-6,568,000-5,947,000-6,519,000-6,270,000-5,869,000-5,838,000-4,154,000-5,670,000-4,845,000-5,808,000-9,831,000-5,308,000-6,872,000-6,654,000-5,196,000-12,152,000-13,707,000-16,789,000-14,482,000
  Dividend Payments20.1%7,917,0006,591,0006,626,0006,589,0006,580,0005,843,0005,869,0005,837,0005,839,0005,240,0005,239,0005,232,0005,230,0004,940,0004,938,0004,943,0004,935,0004,360,0004,357,0004,370,0004,353,000
  Buy Backs------------182,00061,000406,0002,467,0001,849,000521,000964,0001,873,000344,0002,462,000

BMI Income Statement

2023-09-30
Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Net sales$ 186,193$ 148,009$ 521,152$ 418,244
Cost of sales113,47090,487316,179255,239
Gross margin72,72357,522204,973163,005
Selling, engineering and administration41,30133,651119,00398,184
Operating earnings31,42223,87185,97064,821
Interest income, net(1,200)(108)(2,649)(86)
Other pension and postretirement costs32329797
Earnings before income taxes32,59023,94788,52264,810
Provision for income taxes6,6216,01420,64515,853
Net earnings$ 25,969$ 17,933$ 67,877$ 48,957
Earnings per share:    
Basic$ 0.89$ 0.61$ 2.32$ 1.68
Diluted0.880.612.31.67
Dividends declared per common share$ 0.27$ 0.23$ 0.72$ 0.63
Shares used in computation of earnings per share:    
Basic29,294,88629,215,98229,275,44529,211,488
Impact of dilutive securities178,488156,482173,030151,609
Diluted29,473,37429,372,46429,448,47529,363,097

BMI Balance Sheet

2023-09-30
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 162,910$ 138,052
Receivables89,06376,651
Inventories:  
Finished goods34,91031,350
Work in process35,94023,577
Raw materials76,93864,929
Total inventories147,788119,856
Prepaid expenses and other current assets23,19113,273
Total current assets422,952347,832
Property, plant and equipment, at cost227,998220,945
Less accumulated depreciation(153,559)(147,403)
Net property, plant and equipment74,43973,542
Intangible assets, at cost less accumulated amortization54,63453,607
Other assets12,22514,048
Deferred income taxes12,80912,757
Goodwill112,698101,261
Total assets689,757603,047
Current liabilities:  
Payables84,99771,440
Accrued compensation and employee benefits25,50220,513
Warranty and after-sale costs10,8209,606
Other current liabilities7,4638,753
Total current liabilities128,782110,312
Other long-term liabilities53,13137,808
Deferred income taxes6,4414,648
Accrued non-pension postretirement benefits3,6473,917
Other accrued employee benefits5,0503,940
Commitments and contingencies (Note 5)
Shareholders’ equity:  
Common stockCommon stock: $1 par; authorized 80,000,000 and 40,000,000 shares in 2023 and 2022, respectively; issued 37,221,098 shares in 2023 and 202237,22137,221
Capital in excess of par value57,96253,282
Reinvested earnings441,922395,155
Accumulated other comprehensive (loss) income(7,399)5,983
Less: Treasury stock, at cost, 7,874,224 shares in 2023 and 7,928,071 shares in 2022(37,000)(37,253)
Total shareholders’ equity492,706442,422
Total liabilities and shareholders’ equity$ 689,757$ 603,047
BMI
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
 WEBSITEwww.badgermeter.com
 EMPLOYEES1976

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 Wed Dec 06 2023, market cap of Badger Meter Inc is 4.4 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. 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 Wed Dec 06 2023, BMI's PE ratio (Price to Earnings) is 51.51 and Price to Sales (PS) ratio is 6.58. 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 0.198 (multiply by 100 for percentage) rate of return.