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.

Investment analysts gave a few price targets for BMI. The most optimistic analyst gave a price target of 52, which equates to a potential upside of 15.43 percent. The most pessimistic analyst gave a price target of 40, which equates to a potential downside of -11.21 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 7.87 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.87 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 4.08 percent, as compared to a month ago. 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 have revised their quarterly estimates upwards in the past 30 days, 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.

BMI has an estimated earnings growth rate of 7.39 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. BMI has a PEG ratio of 5.21.

In the last 52-weeks, BMI has achieved a high of 46.85 and a low of 29.30. 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's next earnings release will be on 0000-00-00, which is days away.