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 maximum price target given was 52, which equates to a potential upside of 15.43 percent. The most pessimistic analyst gave a price target of 40, implying potential capital losses of -11.21 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 7.87 percent on average, compared to last month. That number becomes 7.87 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 4.08 percent, as compared to a month ago. 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. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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 will post this quarters earnings in days, on 0000-00-00.