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

161.24USD+0.24 (+0.15%)Delayed as of 28 Mar 2024, 01:33 pm ET

Market Summary

BMI
USD161.24+0.24
Delayedas of 28 Mar 2024, 01:33 pm
0.15%

BMI Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

BMI Stock Price

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BMI RSI Chart

BMI Valuation

Market Cap

4.7B

Price/Earnings (Trailing)

51.07

Price/Sales (Trailing)

6.72

EV/EBITDA

33.13

Price/Free Cashflow

48.2

BMI Price/Sales (Trailing)

BMI Profitability

EBT Margin

17.33%

Return on Equity

17.93%

Return on Assets

12.92%

Free Cashflow Yield

2.07%

BMI Fundamentals

BMI Revenue

Revenue (TTM)

703.6M

Rev. Growth (Yr)

23.84%

Rev. Growth (Qtr)

-2.02%

BMI Earnings

Earnings (TTM)

92.6M

Earnings Growth (Yr)

40.95%

Earnings Growth (Qtr)

-4.81%

Breaking Down BMI Revenue

52 Week Range

117.53170.86
(Low)(High)

Last 7 days

4.2%

Last 30 days

1.8%

Last 90 days

3.7%

Trailing 12 Months

33.2%

How does BMI drawdown profile look like?

BMI Financial Health

Current Ratio

3.35

BMI Investor Care

Dividend Yield

0.62%

Dividend/Share (TTM)

1

Shares Dilution (1Y)

0.20%

Diluted EPS (TTM)

3.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023592.3M630.3M668.5M703.6M
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
20100259.1M267.9M276.6M
2009000250.3M

Tracking the Latest Insider Buys and Sells of Badger Meter Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 06, 2024
bockhorst kenneth
sold (taxes)
-1,188,500
162
-7,295
chairman, president & ceo
Mar 06, 2024
stoll kimberly k
sold (taxes)
-78,690
162
-483
vp-sales & marketing
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
Mar 06, 2024
begale fred j
sold
-195,993
162
-1,203
vp-engineering
Mar 06, 2024
bauer karen m.
sold (taxes)
-67,448
162
-414
vp-ir, strategy & treasurer
Mar 06, 2024
wrocklage robert
sold (taxes)
-206,583
162
-1,268
svp-cfo
Mar 04, 2024
begale fred j
sold
-33,186
159
-208
vp-engineering
Mar 04, 2024
bergum william r a
sold
-30,952
159
-194
vp-gen. counsel and secretary
Mar 04, 2024
bauer karen m.
sold (taxes)
-10,849
159
-68.00
vp-ir, strategy & treasurer

1–10 of 50

Which funds bought or sold BMI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
0.66
257,427
3,475,720
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
unchanged
-
72,450
1,065,150
-%
Mar 11, 2024
VANGUARD GROUP INC
added
1.04
43,741,300
563,726,000
0.01%
Mar 08, 2024
TRUST CO OF VERMONT
unchanged
-
5,250
77,185
-%
Mar 04, 2024
CONGRESS ASSET MANAGEMENT CO /MA
added
10.95
6,022,370
37,633,800
0.30%
Mar 01, 2024
Transcendent Capital Group LLC
new
-
235,569
235,569
0.16%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
167
79,985,400
122,759,000
0.01%
Feb 29, 2024
ACIMA PRIVATE WEALTH, LLC
sold off
-100
-5,035
-
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.82
149,135
2,471,770
0.01%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
98,000
1,437,000
0.01%

1–10 of 48

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

Unveiling Badger Meter Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 18, 2024
DEF 14A
DEF 14A
Mar 08, 2024
ARS
ARS
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading

What is the Fair Value of BMI?

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>

Cheap
or
Expensive?


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

Peers (Alternatives to Badger Meter Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.7T
385.7B
-5.50% 16.24%
26.52
6.94
-0.47% 6.03%
69.2B
12.6B
8.43% 49.41%
35.87
5.51
-0.54% 1.35%
30.2B
6.1B
1.59% 32.49%
34.91
4.98
4.11% 14.65%
28.2B
12.6B
2.07% -2.25%
47.02
2.24
-11.28% -55.18%
12.1B
29.4B
1.81% 24.43%
16.01
0.41
-1.12% -8.06%
MID-CAP
7.3B
837.5M
9.76% -14.22%
64.39
8.71
-16.75% -47.46%
7.0B
33.1B
7.38% 3.73%
7.74
0.21
-10.82% -36.63%
4.7B
703.6M
1.80% 33.18%
51.07
6.72
24.40% 39.25%
4.5B
25.6B
6.11% 9.41%
6.67
0.17
-2.73% -21.96%
2.7B
968.8M
-1.62% 13.82%
29.4
2.82
9.35% 8.73%
SMALL-CAP
1.7B
2.9B
-4.12% 49.78%
20.81
0.61
-8.78% -6.67%
1.1B
2.8B
-4.45% 26.83%
16.8
0.38
-1.64% -5.74%
342.0M
1.0B
-2.11% -52.94%
-6.43
0.34
-8.05% -284.36%
27.3M
26.9M
-21.01% -32.13%
19.92
1.01
0.90% -35.71%
89.7K
56.7M
-40.00% -99.55%
-0.01
0
-41.04% -726.48%

Badger Meter Inc News

Latest updates
Defense World • 32 hours ago
MarketBeat • 25 Mar 2024 • 03:39 am
Yahoo Finance • 01 Feb 2024 • 08:00 am
Yahoo Finance • 30 Jan 2024 • 08:00 am

Badger Meter Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-2.0%18218617615914714813813213612912311811211491.00109108109104105104
Gross Profit-1.7%71.0073.0069.0063.0057.0058.0055.0051.0055.0051.0050.0049.0044.0045.0036.0043.0041.0042.0040.0040.0040.00
  S&GA Expenses-4.6%39.0041.0040.0038.0034.0034.0033.0032.0032.0032.0031.0032.0027.0026.0023.0027.0025.0025.0025.0026.0025.00
EBITDA Margin3.8%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*0.14*--
Interest Expenses16.5%1.001.001.001.000.000.00-0.01-0.010.00-0.01-0.01-0.01-0.010.00-0.03-0.030.00-0.07-0.08-0.13-0.16
Income Taxes31.7%9.007.008.006.005.006.005.004.006.004.005.004.004.005.003.004.004.004.004.003.003.00
Earnings Before Taxes2.6%33.0033.0030.0026.0023.0024.0022.0019.0023.0019.0019.0018.0017.0020.0013.0016.0016.0016.0015.0014.0015.00
EBT Margin4.0%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*0.11*--
Net Income-4.8%25.0026.0022.0019.0018.0018.0017.0014.0017.0016.0014.0014.0013.0015.0010.0012.0012.0013.0011.0011.0011.00
Net Income Margin3.0%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*0.09*--
Free Cashflow26.3%36.0028.0020.0014.0029.0022.0018.008.0026.0014.0012.0029.0013.0019.0020.0029.0018.0019.0021.00--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.9%717690659633603574560546531519499486471449440431422417405403393
  Current Assets4.5%442423389361348326304281261246219204224233223211200192176171165
    Cash Equivalents17.7%19216314212813811510089.0087.0067.0057.0051.0072.0094.0085.0070.0049.0038.0024.0015.0013.00
  Inventory4.0%15414814513212011411110310092.0091.0084.0082.0077.0077.0074.0082.0085.0083.0081.0081.00
  Net PPE-0.8%74.0074.0075.0075.0074.0072.0074.0076.0078.0080.0082.0082.0083.0082.0083.0085.0086.0087.0089.0089.0090.00
  Goodwill0.4%11311311411410199.0010110310410510617.0089.0071.0071.0071.0071.0071.0071.004.0071.00
  Current Liabilities2.5%13212911911611010297.0089.0082.0080.0072.0072.0068.0060.0063.0060.0057.0059.0054.0058.0060.00
  Short Term Borrowings---------------4.004.004.004.005.0011.0018.00
Shareholder's Equity4.8%516493476458442423416410403392382370361352341336331324316309304
  Retained Earnings3.8%459442424408395384373362354342332323315307297293286279271264257
  Additional Paid-In Capital2.1%59.0058.0056.0054.0053.0052.0051.0050.0049.0048.0047.0046.0045.0044.0043.0043.0042.0040.0040.0039.0038.00
Accumulated Depreciation-0.9%152154153150147144143141139137135135135132130127124122125126123
Shares Outstanding-100.0%-29.0029.0029.00-29.0029.0029.00-29.0029.0029.00-29.0029.0029.00-29.0029.0029.00-
Float---4,300---2,350---2,850---1,820---1,720--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations20.7%37,94531,43322,76917,97029,70823,83119,6629,25027,07615,36514,51330,55615,90021,39221,74830,53819,57520,23623,08817,81520,467
  Share Based Compensation-9.7%1,2251,3561,6011,006978704851615793590573374374336398307332328289265800
Cashflow From Investing31.9%-2,054-3,014-2,739-21,323-1,201-1,917-1,632-1,141-903-1,636-2,564-46,320-32,338-2,276-1,637-1,942-1,907-1,123-2,306-2,160-1,424
Cashflow From Financing-13.0%-7,918-7,008-6,591-6,568-5,947-6,519-6,270-5,869-5,838-4,154-5,670-4,845-5,808-9,831-5,308-6,872-6,654-5,196-12,152-13,707-16,789
  Dividend Payments0.0%7,9187,9176,5916,6266,5896,5805,8435,8695,8375,8395,2405,2395,2325,2304,9404,9384,9434,9354,3604,3574,370
  Buy Backs-------------18261.004062,4671,8495219641,873344

BMI Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 703,592$ 565,568$ 505,198
Cost of sales427,154345,598299,714
Gross margin276,438219,970205,484
Selling, engineering and administration158,389132,675126,761
Operating earnings118,04987,29578,723
Interest income, net(4,047)(552)(20)
Other pension and postretirement costs130130120
Earnings before income taxes121,96687,71778,623
Provision for income taxes29,36821,22117,739
Net earnings$ 92,598$ 66,496$ 60,884
Earnings per share:   
Basic$ 3.16$ 2.28$ 2.09
Diluted$ 3.14$ 2.26$ 2.08
Shares used in computation of earnings per share:   
Basic29,28429,21829,144
Impact of dilutive securities172158194
Diluted29,45629,37629,338

BMI Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 191,782$ 138,052
Receivables83,50776,651
Inventories:  
Finished goods34,76431,350
Work in process41,26123,577
Raw materials77,64964,929
Total inventories153,674119,856
Prepaid expenses and other current assets13,21413,273
Total current assets442,177347,832
Property, plant and equipment, at cost:  
Land and improvements9,2578,947
Building and improvements72,14970,845
Machinery and equipment144,582141,153
Property, plant and equipment, at cost225,988220,945
Less accumulated depreciation(152,110)(147,403)
Net property, plant and equipment73,87873,542
Intangible assets, at cost less accumulated amortization53,73753,607
Other assets11,24914,048
Deferred income taxes22,71512,757
Goodwill113,163101,261
Total assets716,919603,047
Current liabilities:  
Payables81,80771,440
Accrued compensation and employee benefits29,87120,513
Warranty and after-sale costs11,1029,606
Other current liabilities9,1688,753
Total current liabilities131,948110,312
Other long-term liabilities4,7585,568
Long-term deferred revenue49,76332,240
Deferred income taxes5,0614,648
Accrued non-pension postretirement benefits3,6143,917
Other accrued employee benefits5,2933,940
Commitments and contingencies (Note 6)
Shareholders’ equity:  
Common stock, $1 par, authorized 80,000,000 and 40,000,000 shares in 2023 and 2022, respectively; issued 37,221,098 shares in 2023 and 202237,22137,221
Capital in excess of par value59,18553,282
Reinvested earnings458,719395,155
Accumulated other comprehensive loss(1,646)(5,983)
Less: Treasury stock, at cost, 7,873,781 shares in 2023 and 7,928,071 shares in 2022(36,997)(37,253)
Total shareholders’ equity516,482442,422
Total liabilities and shareholders’ equity$ 716,919$ 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 Mar 27 2024, market cap of Badger Meter Inc is 4.73 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 Wed Mar 27 2024, BMI's PE ratio (Price to Earnings) is 51.07 and Price to Sales (PS) ratio is 6.72. 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 0.206 (multiply by 100 for percentage) rate of return.