BMI RSI Chart
Last 7 days
4.2%
Last 30 days
1.8%
Last 90 days
3.7%
Trailing 12 Months
33.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold BMI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
Unveiling Badger Meter Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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.
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 | 2.7T | 385.7B | 26.52 | 6.94 | ||||
APH | 69.2B | 12.6B | 35.87 | 5.51 | ||||
FTV | 30.2B | 6.1B | 34.91 | 4.98 | ||||
GLW | 28.2B | 12.6B | 47.02 | 2.24 | ||||
FLEX | 12.1B | 29.4B | 16.01 | 0.41 | ||||
MID-CAP | ||||||||
CGNX | 7.3B | 837.5M | 64.39 | 8.71 | ||||
ARW | 7.0B | 33.1B | 7.74 | 0.21 | ||||
BMI | 4.7B | 703.6M | 51.07 | 6.72 | ||||
AVT | 4.5B | 25.6B | 6.67 | 0.17 | ||||
ESE | 2.7B | 968.8M | 29.4 | 2.82 | ||||
SMALL-CAP | ||||||||
CNXN | 1.7B | 2.9B | 20.81 | 0.61 | ||||
BHE | 1.1B | 2.8B | 16.8 | 0.38 | ||||
GPRO | 342.0M | 1.0B | -6.43 | 0.34 | ||||
CPSH | 27.3M | 26.9M | 19.92 | 1.01 | ||||
AEY | 89.7K | 56.7M | -0.01 | 0 |
Badger Meter Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -2.0% | 182 | 186 | 176 | 159 | 147 | 148 | 138 | 132 | 136 | 129 | 123 | 118 | 112 | 114 | 91.00 | 109 | 108 | 109 | 104 | 105 | 104 |
Gross Profit | -1.7% | 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 | 40.00 |
S&GA Expenses | -4.6% | 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 | 25.00 |
EBITDA Margin | 3.8% | 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 Expenses | 16.5% | 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 | -0.16 |
Income Taxes | 31.7% | 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 | 3.00 |
Earnings Before Taxes | 2.6% | 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 | 15.00 |
EBT Margin | 4.0% | 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% | 25.00 | 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 | 11.00 |
Net Income Margin | 3.0% | 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 Cashflow | 26.3% | 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 | 21.00 | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 3.9% | 717 | 690 | 659 | 633 | 603 | 574 | 560 | 546 | 531 | 519 | 499 | 486 | 471 | 449 | 440 | 431 | 422 | 417 | 405 | 403 | 393 |
Current Assets | 4.5% | 442 | 423 | 389 | 361 | 348 | 326 | 304 | 281 | 261 | 246 | 219 | 204 | 224 | 233 | 223 | 211 | 200 | 192 | 176 | 171 | 165 |
Cash Equivalents | 17.7% | 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 | 13.00 |
Inventory | 4.0% | 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 | 81.00 |
Net PPE | -0.8% | 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 | 90.00 |
Goodwill | 0.4% | 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 | 71.00 |
Current Liabilities | 2.5% | 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 | 60.00 |
Short Term Borrowings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 11.00 | 18.00 |
Shareholder's Equity | 4.8% | 516 | 493 | 476 | 458 | 442 | 423 | 416 | 410 | 403 | 392 | 382 | 370 | 361 | 352 | 341 | 336 | 331 | 324 | 316 | 309 | 304 |
Retained Earnings | 3.8% | 459 | 442 | 424 | 408 | 395 | 384 | 373 | 362 | 354 | 342 | 332 | 323 | 315 | 307 | 297 | 293 | 286 | 279 | 271 | 264 | 257 |
Additional Paid-In Capital | 2.1% | 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 | 38.00 |
Accumulated Depreciation | -0.9% | 152 | 154 | 153 | 150 | 147 | 144 | 143 | 141 | 139 | 137 | 135 | 135 | 135 | 132 | 130 | 127 | 124 | 122 | 125 | 126 | 123 |
Shares Outstanding | -100.0% | - | 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 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 20.7% | 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 | 20,467 |
Share Based Compensation | -9.7% | 1,225 | 1,356 | 1,601 | 1,006 | 978 | 704 | 851 | 615 | 793 | 590 | 573 | 374 | 374 | 336 | 398 | 307 | 332 | 328 | 289 | 265 | 800 |
Cashflow From Investing | 31.9% | -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 Payments | 0.0% | 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 | 4,370 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | 182 | 61.00 | 406 | 2,467 | 1,849 | 521 | 964 | 1,873 | 344 |
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 sales | 427,154 | 345,598 | 299,714 |
Gross margin | 276,438 | 219,970 | 205,484 |
Selling, engineering and administration | 158,389 | 132,675 | 126,761 |
Operating earnings | 118,049 | 87,295 | 78,723 |
Interest income, net | (4,047) | (552) | (20) |
Other pension and postretirement costs | 130 | 130 | 120 |
Earnings before income taxes | 121,966 | 87,717 | 78,623 |
Provision for income taxes | 29,368 | 21,221 | 17,739 |
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: | |||
Basic | 29,284 | 29,218 | 29,144 |
Impact of dilutive securities | 172 | 158 | 194 |
Diluted | 29,456 | 29,376 | 29,338 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 191,782 | $ 138,052 |
Receivables | 83,507 | 76,651 |
Inventories: | ||
Finished goods | 34,764 | 31,350 |
Work in process | 41,261 | 23,577 |
Raw materials | 77,649 | 64,929 |
Total inventories | 153,674 | 119,856 |
Prepaid expenses and other current assets | 13,214 | 13,273 |
Total current assets | 442,177 | 347,832 |
Property, plant and equipment, at cost: | ||
Land and improvements | 9,257 | 8,947 |
Building and improvements | 72,149 | 70,845 |
Machinery and equipment | 144,582 | 141,153 |
Property, plant and equipment, at cost | 225,988 | 220,945 |
Less accumulated depreciation | (152,110) | (147,403) |
Net property, plant and equipment | 73,878 | 73,542 |
Intangible assets, at cost less accumulated amortization | 53,737 | 53,607 |
Other assets | 11,249 | 14,048 |
Deferred income taxes | 22,715 | 12,757 |
Goodwill | 113,163 | 101,261 |
Total assets | 716,919 | 603,047 |
Current liabilities: | ||
Payables | 81,807 | 71,440 |
Accrued compensation and employee benefits | 29,871 | 20,513 |
Warranty and after-sale costs | 11,102 | 9,606 |
Other current liabilities | 9,168 | 8,753 |
Total current liabilities | 131,948 | 110,312 |
Other long-term liabilities | 4,758 | 5,568 |
Long-term deferred revenue | 49,763 | 32,240 |
Deferred income taxes | 5,061 | 4,648 |
Accrued non-pension postretirement benefits | 3,614 | 3,917 |
Other accrued employee benefits | 5,293 | 3,940 |
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 2022 | 37,221 | 37,221 |
Capital in excess of par value | 59,185 | 53,282 |
Reinvested earnings | 458,719 | 395,155 |
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’ equity | 516,482 | 442,422 |
Total liabilities and shareholders’ equity | $ 716,919 | $ 603,047 |