Badger Meter (BMI) Set to Announce Earnings on Monday

Badger Meter (NYSE:BMI) is scheduled to be releasing its earnings data after the market closes on Monday, February 5th. Analysts expect Badger Meter to post earnings of $0.25 per share for the quarter.

Badger Meter (NYSE:BMI) opened at $48.15 on Friday. Badger Meter has a 1-year low of $34.40 and a 1-year high of $52.10. The firm has a market capitalization of $1,403.22 and a PE ratio of 42.24.

Several research firms have weighed in on BMI. Robert W. Baird restated a “hold” rating and set a $44.00 target price on shares of Badger Meter in a report on Tuesday, October 17th. Stifel Nicolaus restated a “hold” rating and set a $43.00 target price (down from $49.00) on shares of Badger Meter in a report on Tuesday, October 17th. Canaccord Genuity restated a “hold” rating and set a $40.00 target price on shares of Badger Meter in a report on Friday, October 6th. Finally, Zacks Investment Research upgraded Badger Meter from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a report on Thursday, January 18th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Badger Meter currently has an average rating of “Hold” and a consensus target price of $51.20.

In other news, CFO Richard E. Johnson sold 7,200 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $45.55, for a total value of $327,960.00. Following the sale, the chief financial officer now directly owns 105,976 shares of the company’s stock, valued at $4,827,206.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Fred J. Begale sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $45.60, for a total value of $91,200.00. Following the completion of the sale, the vice president now directly owns 7,609 shares in the company, valued at $346,970.40. The disclosure for this sale can be found here. 4.50% of the stock is owned by company insiders.

TRADEMARK VIOLATION WARNING: This report was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this report on another site, it was stolen and reposted in violation of US and international trademark & copyright law. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/03/badger-meter-bmi-set-to-announce-earnings-on-monday.html.

Badger Meter Company Profile

Badger Meter, Inc is a manufacturer and marketer of products incorporating flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers around the world. The Company’s products measure water, oil, chemicals and other fluids, provide and communicate timely measurement data.

Earnings History for Badger Meter (NYSE:BMI)

Receive News & Ratings for Badger Meter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Badger Meter and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply