Analysts See $0.40 EPS for Badger Meter, Inc. (BMI)

June 15, 2018 - By Eva Godbolt

Investors sentiment decreased to 1.24 in Q1 2018. Its down 0.10, from 1.34 in 2017Q4. It worsened, as 9 investors sold Badger Meter, Inc. shares while 53 reduced holdings. 22 funds opened positions while 55 raised stakes. 22.96 million shares or 4.87% less from 24.14 million shares in 2017Q4 were reported.
Bluemountain Ltd Llc has 1,684 shares. Tortoise Cap Advsrs Llc holds 53 shares or 0% of its portfolio. 8,439 are owned by Blair William Company Il. Morgan Stanley has invested 0% of its portfolio in Badger Meter, Inc. (NYSE:BMI). Qs Ltd Liability Com stated it has 0% of its portfolio in Badger Meter, Inc. (NYSE:BMI). Carroll Finance Associates Inc invested in 0.01% or 1,200 shares. State Street Corp reported 0% of its portfolio in Badger Meter, Inc. (NYSE:BMI). Citadel Advisors Limited Liability Corporation owns 37,592 shares or 0% of their US portfolio. Ls Inv Advsr Lc accumulated 0% or 849 shares. Moreover, Jefferies Gru Ltd Limited Liability Company has 0% invested in Badger Meter, Inc. (NYSE:BMI). Nelson Van Denburg And Campbell Wealth Mgmt Group Inc Ltd Liability Com owns 9,772 shares. Gamco Investors Inc Et Al invested in 0.06% or 175,350 shares. Citigroup has 7,103 shares for 0% of their portfolio. Employees Retirement System Of Texas reported 0.04% in Badger Meter, Inc. (NYSE:BMI). Tiaa Cref Inv Management Lc has 0% invested in Badger Meter, Inc. (NYSE:BMI) for 83,753 shares.

Since February 20, 2018, it had 0 buys, and 10 sales for $3.01 million activity. Shares for $89,454 were sold by GOMEZ GREGORY M on Wednesday, March 7. $303,407 worth of Badger Meter, Inc. (NYSE:BMI) was sold by MEEUSEN RICHARD A. 10,000 shares were sold by JOHNSON RICHARD E, worth $447,645 on Wednesday, June 6. 1,834 shares were sold by Stoll Kimberly K, worth $89,454 on Wednesday, March 7. Begale Fred J had sold 500 shares worth $21,253.

Analysts expect Badger Meter, Inc. (NYSE:BMI) to report $0.40 EPS on July, 19.They anticipate $0.04 EPS change or 11.11 % from last quarter’s $0.36 EPS. BMI’s profit would be $11.65M giving it 28.19 P/E if the $0.40 EPS is correct. After having $0.26 EPS previously, Badger Meter, Inc.’s analysts see 53.85 % EPS growth. The stock increased 1.23% or $0.55 during the last trading session, reaching $45.1. About 128,350 shares traded. Badger Meter, Inc. (NYSE:BMI) has risen 11.13% since June 15, 2017 and is uptrending. It has underperformed by 1.44% the S&P500.

Badger Meter, Inc. (NYSE:BMI) Ratings Coverage

Among 3 analysts covering Badger Meter (NYSE:BMI), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Badger Meter had 8 analyst reports since January 16, 2018 according to SRatingsIntel. As per Thursday, February 1, the company rating was maintained by Canaccord Genuity. The rating was maintained by Robert W. Baird with “Neutral” on Thursday, April 19. The firm earned “Hold” rating on Thursday, April 19 by Stifel Nicolaus. As per Wednesday, April 18, the company rating was maintained by Canaccord Genuity. The firm has “Sell” rating by Canaccord Genuity given on Tuesday, February 27. Robert W. Baird maintained the shares of BMI in report on Tuesday, February 6 with “Hold” rating. Stifel Nicolaus maintained it with “Hold” rating and $51.0 target in Tuesday, January 16 report. Stifel Nicolaus maintained Badger Meter, Inc. (NYSE:BMI) on Tuesday, February 6 with “Hold” rating.

Badger Meter, Inc. provides flow measurement, control, and communication solutions worldwide. The company has market cap of $1.31 billion. It offers mechanical and electronic water meters, and related technologies and services to municipal water utilities; and meters and valves to measure and control materials flowing through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases, as well as for use in water/wastewater, heating, ventilating and air conditioning, gas and oil, chemical and petrochemical, test and measurement, automotive aftermarket, and the concrete construction process industries. It has a 39.22 P/E ratio. The firm provides flow instrumentation technologies to original equipment manufacturers as the primary flow measurement device within a product or system; ORION Migratable for mobile meter reading; ORION Fixed Network for traditional fixed network applications; and ORION Cellular for infrastructure-free meter reading.

More news for Badger Meter, Inc. (NYSE:BMI) were recently published by: Globenewswire.com, which released: “Market Trends Toward New Normal in Colony NorthStar, Badger Meter, Dun & Bradstreet, Ryman Hospitality …” on May 21, 2018. Businesswire.com‘s article titled: “Badger Meter Announces Second Quarter Conference Call” and published on June 12, 2018 is yet another important article.

Badger Meter, Inc. (NYSE:BMI) Institutional Positions Chart

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