EPS for Badger Meter, Inc. (BMI) Expected At $0.34

September 17, 2017 - By Michael Collier

 EPS for Badger Meter, Inc. (BMI) Expected At $0.34
Investors sentiment decreased to 1.32 in Q4 2016. Its down 0.51, from 1.83 in 2016Q3. It dropped, as 19 investors sold Badger Meter, Inc. shares while 37 reduced holdings. 18 funds opened positions while 56 raised stakes. 23.43 million shares or 47.86% less from 44.93 million shares in 2016Q3 were reported.
Alliancebernstein Lp holds 0% of its portfolio in Badger Meter, Inc. (NYSE:BMI) for 59,128 shares. Moreover, Van Eck Assoc has 0.01% invested in Badger Meter, Inc. (NYSE:BMI). Employees Retirement Of Texas has invested 0.03% in Badger Meter, Inc. (NYSE:BMI). Moreover, Vanguard Grp has 0.01% invested in Badger Meter, Inc. (NYSE:BMI). Texas Permanent School Fund has invested 0.01% in Badger Meter, Inc. (NYSE:BMI). 81,976 are owned by Dorsey & Whitney Tru Limited Liability Com. State Common Retirement Fund invested 0% of its portfolio in Badger Meter, Inc. (NYSE:BMI). Jpmorgan Chase And holds 131,907 shares or 0% of its portfolio. Los Angeles Capital Mgmt And Equity Research invested in 20,490 shares or 0.01% of the stock. 133,579 are held by Deutsche Fincl Bank Ag. Capstone Asset Mgmt holds 0.01% of its portfolio in Badger Meter, Inc. (NYSE:BMI) for 7,526 shares. Stifel Fin holds 0% or 20,751 shares in its portfolio. 624,140 were accumulated by State Street Corp. Mairs And Power Inc owns 2.11M shares. 14,303 were accumulated by Blackrock.

Since May 2, 2017, it had 0 buys, and 7 selling transactions for $2.64 million activity. Shares for $177,738 were sold by GRAS HORST. JOHNSON RICHARD E also sold $525,505 worth of Badger Meter, Inc. (NYSE:BMI) shares. Another trade for 2,000 shares valued at $82,133 was sold by DIX RONALD H. The insider SMILEY BEVERLY L P sold $890,717. 9,000 shares were sold by GOMEZ GREGORY M, worth $354,025.

Analysts await Badger Meter, Inc. (NYSE:BMI) to report earnings on October, 16 after the close. They expect $0.34 earnings per share, up 13.33 % or $0.04 from last year’s $0.3 per share. BMI’s profit will be $9.87M for 33.68 P/E if the $0.34 EPS becomes a reality. After $0.36 actual earnings per share reported by Badger Meter, Inc. for the previous quarter, Wall Street now forecasts -5.56 % negative EPS growth. The stock increased 0.55% or $0.25 on September 15, reaching $45.8. About 315,475 shares traded or 308.52% up from the average. Badger Meter, Inc. (NYSE:BMI) has risen 7.67% since September 17, 2016 and is uptrending. It has underperformed by 9.03% the S&P500.

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

Among 6 analysts covering Badger Meter (NYSE:BMI), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Badger Meter had 12 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, April 12, the company rating was initiated by Sidoti. Robert W. Baird downgraded the stock to “Neutral” rating in Wednesday, April 20 report. The rating was downgraded by Robert W. Baird on Tuesday, July 21 to “Neutral”. The stock has “Hold” rating by Canaccord Genuity on Thursday, May 25. The stock of Badger Meter, Inc. (NYSE:BMI) has “Hold” rating given on Thursday, July 13 by Canaccord Genuity. The rating was upgraded by Sidoti to “Buy” on Tuesday, January 10. As per Friday, March 18, the company rating was downgraded by Ladenburg Thalmann. The firm earned “Outperform” rating on Wednesday, February 3 by Robert W. Baird. Gabelli initiated Badger Meter, Inc. (NYSE:BMI) rating on Wednesday, October 7. Gabelli has “Hold” rating and $50 target.

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 clients around the world. The company has market cap of $1.33 billion. The Company’s products measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. It has a 38.87 P/E ratio. The Company’s product lines include two categories: sales of water meters and related technologies to municipal water utilities , and sales of meters to various industries for water and other fluids (flow instrumentation).

More notable recent Badger Meter, Inc. (NYSE:BMI) news were published by: Jsonline.com which released: “Sales fall in fourth quarter during record year for Badger Meter” on February 06, 2017, also Jsonline.com with their article: “Badger Meter reports record first quarter” published on April 19, 2017, Jsonline.com published: “Badger Meter acquires Swedish company” on April 26, 2017. More interesting news about Badger Meter, Inc. (NYSE:BMI) were released by: Jsonline.com and their article: “Badger Meter hires Actuant executive Bockhorst to be COO” published on September 08, 2017 as well as Biztimes.com‘s news article titled: “Badger Meter acquires new steam technology” with publication date: March 02, 2017.

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