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, which equates to a potential upside of 15.43 percent. The lowest price target was 40, which equates to a potential downside of -11.21 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 7.87 percent. That number becomes 7.87 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 4.08 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.08 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

BMI has an estimated earnings growth rate of 7.39 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. BMI has a PEG ratio of 5.21.

In the trailing 52-weeks, BMI hit 46.85 at the highest peak, while it's lowest trading point was 29.30. The current market price is above the trailing year's low by 53.75 percent, and 3.84 percent lower than its 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.