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

June 15, 2018 - By Henry Gaston

Investors sentiment decreased to 1.24 in 2018 Q1. 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.
Sg Americas Ltd Limited Liability Company, New York-based fund reported 3,460 shares. Shell Asset Management owns 0.01% invested in Badger Meter, Inc. (NYSE:BMI) for 12,444 shares. 20,677 were reported by Cardinal Capital Management. 989 were accumulated by Regions. Citigroup holds 7,103 shares. Caprock Gp accumulated 5,771 shares or 0.06% of the stock. Strs Ohio reported 0% in Badger Meter, Inc. (NYSE:BMI). Bb&T holds 0.01% of its portfolio in Badger Meter, Inc. (NYSE:BMI) for 7,597 shares. Signaturefd Ltd Liability Corporation invested in 0% or 64 shares. Nelson Van Denburg Campbell Wealth Mgmt Grp Ltd Limited Liability Company has invested 0.11% in Badger Meter, Inc. (NYSE:BMI). Northern Tru Corporation accumulated 382,227 shares. Ameriprise Fincl Incorporated, Minnesota-based fund reported 199,936 shares. Citadel Advsrs Ltd Liability Co has invested 0% in Badger Meter, Inc. (NYSE:BMI). Ameritas Invest stated it has 0.01% of its portfolio in Badger Meter, Inc. (NYSE:BMI). Parametric Port Associates Ltd Liability Corporation holds 0% or 35,475 shares in its portfolio.

Since February 20, 2018, it had 0 insider purchases, and 10 selling transactions for $3.01 million activity. Begale Fred J sold $21,949 worth of stock. Shares for $640,424 were sold by MEEUSEN RICHARD A on Wednesday, March 7. The insider GOMEZ GREGORY M sold 1,834 shares worth $89,454. On Wednesday, March 7 the insider Stoll Kimberly K sold $89,454. The insider JOHNSON RICHARD E sold $447,645.

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. The firm has “Hold” rating given on Tuesday, January 16 by Stifel Nicolaus. Canaccord Genuity downgraded the stock to “Sell” rating in Tuesday, February 27 report. Stifel Nicolaus maintained the shares of BMI in report on Tuesday, February 6 with “Hold” rating. The firm has “Hold” rating by Robert W. Baird given on Tuesday, February 6. The company was maintained on Wednesday, April 18 by Canaccord Genuity. As per Thursday, February 1, the company rating was maintained by Canaccord Genuity. Robert W. Baird maintained Badger Meter, Inc. (NYSE:BMI) rating on Thursday, April 19. Robert W. Baird has “Neutral” rating and $43 target. Stifel Nicolaus maintained Badger Meter, Inc. (NYSE:BMI) rating on Thursday, April 19. Stifel Nicolaus has “Hold” rating and $41 target.

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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