Badger Meter Inc. (BMI) Stock: A Closer Look

Badger Meter Inc. [BMI] stock prices are up 16.65% to $178.48 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BMI shares have gain 15.72% over the last week, with a monthly amount glided 14.51%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Badger Meter Inc. [NYSE: BMI] stock has seen the most recent analyst activity on April 18, 2024, when Northcoast upgraded its rating to a Neutral. Previously, Northcoast downgraded its rating to Sell on September 29, 2023, and kept the price target unchanged to $120. On June 29, 2023, Deutsche Bank initiated with a Hold rating and assigned a price target of $142 on the stock. Northcoast started tracking the stock assigning a Neutral rating. Maxim Group upgraded its rating to a Buy but $125 remained the price target by the analyst firm on January 31, 2022. Morgan Stanley started tracking with a Underweight rating for this stock on March 31, 2021, and assigned it a price target of $95. In a note dated June 30, 2020, Argus initiated an Buy rating and provided a target price of $71 on this stock.

The stock price of Badger Meter Inc. [BMI] has been fluctuating between $119.02 and $170.86 over the past year. Badger Meter Inc. [NYSE: BMI] shares were valued at $178.48 at the most recent close of the market.

Analyzing the BMI fundamentals

The Badger Meter Inc. [NYSE:BMI] reported sales of 740.77M for trailing twelve months, representing a surge of 23.37%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.17 and Total Capital is 0.19.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 168.79 points at the first support level, and at 159.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 183.84, and for the 2nd resistance point, it is at 189.20.

Ratios To Look Out For

It’s worth pointing out that Badger Meter Inc. [NYSE:BMI]’s Current Ratio is 3.48. On the other hand, the Quick Ratio is 2.30, and the Cash Ratio is 1.48. Considering the valuation of this stock, the price to sales ratio is 7.07, the price to book ratio is 10.14 and price to earnings (TTM) ratio is 51.38.

Transactions by insiders

Recent insider trading involved BERGUM WILLIAM R A, VP-Gen. Counsel and Secretary, that happened on Mar 06 ’24 when 1339.0 shares were sold. VP-Engineering, Begale Fred J completed a deal on Mar 06 ’24 to sell 1203.0 shares. Meanwhile, VP-Engineering Begale Fred J sold 208.0 shares on Mar 04 ’24.

Related Posts