Badger Meter. which can be found using ticker (BMI) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 135 and 108 with the average target price sitting at $117.67. Given that the stocks previous close was at $116.20 and the analysts are correct then we can expect a percentage increase in value of 1.3%. It’s also worth noting that there is a 50 day moving average of $116.96 and the 200 day MA is $102.50. The company has a market cap of $3,353m. Visit the company website at: https://www.badgermeter.com
The potential market cap would be $3,396m based on the market consensus.
Badger Meter. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation productsluding meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipelineluding water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers’ representatives. In addition, the company offers ORION (SE) for traditional fixed network applications; and ORION Cellular for utility-owned fixed network infrastructure, as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, industrial, and other industries. It sells its products directly, as well as through resellers and representatives. Badger Meter. was incorporated in 1905 and is based in Milwaukee, Wisconsin.
The company has a dividend yield of 0.79% with the ex dividend date set at 23-2-2023 (DMY).
Other points of data to note are a P/E ratio of 50.65, revenue per share of 19.36 and a 9.61% return on assets.
