Analyst Ratings for Badger Meter Inc. (BMI)

Updated: 2017-07-28

Analysts covering Badger Meter Inc. (NYSE:BMI) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for BMI last month.

Of the 5 analysts covering the stock, 1 gave it a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for BMI. The most optimistic analyst gave a price target of 52, implying a possible profit of 15.43 percent. The most pessimistic price target was 40, implying potential capital losses of -11.21 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 7.87 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.87 percent. Meanwhile, fiscal year estimates have been revised upwards by 4.08 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 4.08 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of BMI to grow at a rate of 7.39 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BMI is 5.21.

BMI has traded between a high of 46.85 and a low of 29.30 over the past year. The current market price is above the trailing year's low by 53.75 percent, and 3.84 percent below the high. BMI has a P/E ratio of 38.5. Investors typically compare the P/E ratio to a company's peers in the industry. The BMI value stock report compares BMI to some of its peers using value stock charts. The stock has a market capitalization of $1.31 billion. BMI will post this quarters earnings in days, on 0000-00-00.