While Badger Meter Inc has overperformed by 0.57%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BMI rose by 44.21%, with highs and lows ranging from $239.11 to $139.50, whereas the simple moving average jumped by 6.83% in the last 200 days.
On October 18, 2024, Maxim Group Reiterated Badger Meter Inc (NYSE: BMI) to Buy. A report published by Seaport Research Partners on September 11, 2024, Initiated its previous ‘Buy’ rating for BMI. Maxim Group also reiterated BMI shares as ‘Buy’, quoting a target price of $207 on the company’s shares in a report dated April 19, 2024. Northcoast September 29, 2023d its ‘Neutral’ rating to ‘Sell’ for BMI, as published in its report on September 29, 2023. Deutsche Bank’s report from June 29, 2023 suggests a price prediction of $142 for BMI shares, giving the stock a ‘Hold’ rating. Northcoast also rated the stock as ‘Neutral’.
Analysis of Badger Meter Inc (BMI)
BMI currently pays a dividend of $1.22 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 11.95%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Badger Meter Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 21.95% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.87, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 205.42K can be a very valuable indicator of volatility for BMI stock. On a monthly basis, the volatility of the stock is set at 2.59%, whereas on a weekly basis, it is put at 2.18%, with a gain of 3.63% over the past seven days. Furthermore, long-term investors anticipate a median target price of $225.40, showing growth from the present price of $215.17, which can serve as yet another indication of whether BMI is worth investing in or should be passed over.
How Do You Analyze Badger Meter Inc Shares?
The USA based company Badger Meter Inc (BMI) is one of the biggest names in Scientific & Technical Instruments. When comparing Badger Meter Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 53.39, there is a growth in quarterly earnings of 23.06%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.42%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 91.61% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BMI shares are owned by institutional investors to the tune of 91.61% at present.
