Analysts See $0.40 EPS for Badger Meter, Inc. (BMI)

June 19, 2018 - By Adrian Mccoy

Investors sentiment decreased to 1.24 in Q1 2018. Its down 0.10, from 1.34 in 2017Q4. It dropped, as 9 investors sold Badger Meter, Inc. shares while 53 reduced holdings. 22 funds opened positions while 55 raised stakes. 22.96 million shares or 4.87% less from 24.14 million shares in 2017Q4 were reported.
Parametric Associate Ltd Liability Corporation has invested 0% in Badger Meter, Inc. (NYSE:BMI). Jefferies Grp Limited Liability Corporation holds 0% or 10,542 shares. Cardinal Capital holds 20,677 shares or 0.31% of its portfolio. Rhumbline Advisers owns 85,181 shares or 0.01% of their US portfolio. Employees Retirement System Of Texas stated it has 0.04% in Badger Meter, Inc. (NYSE:BMI). Ubs Asset Americas Incorporated stated it has 666,636 shares or 0% of all its holdings. Texas Permanent School Fund invested 0.01% in Badger Meter, Inc. (NYSE:BMI). First Republic Investment Incorporated, a California-based fund reported 14,593 shares. Teachers Retirement Sys Of The State Of Kentucky holds 7,365 shares. Signaturefd Ltd holds 64 shares or 0% of its portfolio. Parkside Savings Bank Trust holds 0% or 28 shares. Blair William & Il holds 0% or 8,439 shares. Dubuque Financial Bank Company holds 1,300 shares. Louisiana State Employees Retirement System accumulated 12,900 shares or 0.03% of the stock. Price T Rowe Associate Incorporated Md holds 0.01% or 742,258 shares.

Since February 20, 2018, it had 0 insider buys, and 10 sales for $3.01 million activity. On Friday, February 23 KLAPPA GALE E sold $601,933 worth of Badger Meter, Inc. (NYSE:BMI) or 12,000 shares. Begale Fred J had sold 450 shares worth $21,949 on Wednesday, March 7. MEEUSEN RICHARD A also sold $303,407 worth of Badger Meter, Inc. (NYSE:BMI) on Tuesday, February 20. JOHNSON RICHARD E sold 10,000 shares worth $447,645. GOMEZ GREGORY M sold $89,454 worth of stock or 1,834 shares.

Analysts expect Badger Meter, Inc. (NYSE:BMI) to report $0.40 EPS on July, 19.They anticipate $0.04 EPS change or 11.11 % from last quarter’s $0.36 EPS. BMI’s profit would be $11.64 million giving it 29.50 P/E if the $0.40 EPS is correct. After having $0.26 EPS previously, Badger Meter, Inc.’s analysts see 53.85 % EPS growth. The stock increased 1.40% or $0.65 during the last trading session, reaching $47.2. About 106,307 shares traded. Badger Meter, Inc. (NYSE:BMI) has risen 11.13% since June 19, 2017 and is uptrending. It has underperformed by 1.44% the S&P500.

Badger Meter, Inc. (NYSE:BMI) Ratings Coverage

Among 3 analysts covering Badger Meter (NYSE:BMI), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Badger Meter had 9 analyst reports since January 16, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, February 6 by Stifel Nicolaus. Canaccord Genuity maintained the stock with “Sell” rating in Wednesday, April 18 report. Stifel Nicolaus maintained it with “Hold” rating and $41 target in Thursday, April 19 report. On Tuesday, January 16 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock of Badger Meter, Inc. (NYSE:BMI) has “Hold” rating given on Tuesday, February 6 by Robert W. Baird. The stock of Badger Meter, Inc. (NYSE:BMI) earned “Hold” rating by Canaccord Genuity on Thursday, February 1. Robert W. Baird maintained the shares of BMI in report on Thursday, April 19 with “Neutral” rating. On Friday, June 15 the stock rating was upgraded by Canaccord Genuity to “Hold”. On Tuesday, February 27 the stock rating was downgraded by Canaccord Genuity to “Sell”.

Badger Meter, Inc. provides flow measurement, control, and communication solutions worldwide. The company has market cap of $1.37 billion. It offers mechanical and electronic water meters, and related technologies and services to municipal water utilities; and meters and valves to measure and control materials flowing through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases, as well as for use in water/wastewater, heating, ventilating and air conditioning, gas and oil, chemical and petrochemical, test and measurement, automotive aftermarket, and the concrete construction process industries. It has a 41.04 P/E ratio. The firm provides flow instrumentation technologies to original equipment manufacturers as the primary flow measurement device within a product or system; ORION Migratable for mobile meter reading; ORION Fixed Network for traditional fixed network applications; and ORION Cellular for infrastructure-free meter reading.

More news for Badger Meter, Inc. (NYSE:BMI) were recently published by: Businesswire.com, which released: “Badger Meter Announces Second Quarter Conference Call” on June 12, 2018. Globenewswire.com‘s article titled: “Market Trends Toward New Normal in Colony NorthStar, Badger Meter, Dun & Bradstreet, Ryman Hospitality …” and published on May 21, 2018 is yet another important article.

Badger Meter, Inc. (NYSE:BMI) Institutional Positions Chart

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