Badger Meter, Inc. (BMI) Analysts See $0.35 EPS

July 18, 2017 - By Winifred Garcia

 Badger Meter, Inc. (BMI) Analysts See $0.35 EPS
Investors sentiment decreased to 1.32 in 2016 Q4. Its down 0.51, from 1.83 in 2016Q3. It is negative, 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.
New York State Teachers Retirement System owns 17,360 shares. 8,471 were reported by First Republic Investment Management Incorporated. Joel Isaacson And Co Ltd Liability Com holds 190 shares or 0% of its portfolio. Bb&T Limited Liability Corporation stated it has 0.01% of its portfolio in Badger Meter, Inc. (NYSE:BMI). Aperio Group Inc Limited Liability accumulated 31,307 shares. Sei Com invested in 0% or 99 shares. Creative Planning reported 236 shares stake. Ls Advsrs Lc has 1,014 shares for 0% of their portfolio. Gemmer Asset Management Ltd Llc reported 0% in Badger Meter, Inc. (NYSE:BMI). Fincl Bank Of Montreal Can invested in 0% or 16,994 shares. Swiss Retail Bank owns 0% invested in Badger Meter, Inc. (NYSE:BMI) for 47,900 shares. The Pennsylvania-based Bryn Mawr Trust has invested 0.24% in Badger Meter, Inc. (NYSE:BMI). Comml Bank Of Mellon invested in 0.01% or 527,775 shares. Suntrust Banks Inc owns 57,224 shares or 0.01% of their US portfolio. Cardinal Capital invested in 0.36% or 25,590 shares.

Since March 6, 2017, it had 0 insider buys, and 17 insider sales for $4.42 million activity. BERGUM WILLIAM R A had sold 1,324 shares worth $45,820. GOMEZ GREGORY M sold 9,000 shares worth $354,025. $177,738 worth of stock was sold by GRAS HORST on Monday, May 8. $525,505 worth of Badger Meter, Inc. (NYSE:BMI) was sold by JOHNSON RICHARD E. The insider SMILEY BEVERLY L P sold 3,884 shares worth $136,134. MEEUSEN RICHARD A sold $370,380 worth of Badger Meter, Inc. (NYSE:BMI) on Tuesday, March 14. Another trade for 2,000 shares valued at $82,133 was made by DIX RONALD H on Friday, June 9.

Analysts await Badger Meter, Inc. (NYSE:BMI) to report earnings on July, 19. They expect $0.35 earnings per share, up 9.37 % or $0.03 from last year’s $0.32 per share. BMI’s profit will be $10.23M for 29.07 P/E if the $0.35 EPS becomes a reality. After $0.30 actual earnings per share reported by Badger Meter, Inc. for the previous quarter, Wall Street now forecasts 16.67 % EPS growth. The stock increased 0.25% or $0.1 on July 17, reaching $40.7. About shares traded. Badger Meter, Inc. (NYSE:BMI) has risen 7.67% since July 18, 2016 and is uptrending. It has underperformed by 9.03% the S&P500.

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

Among 5 analysts covering Badger Meter (NYSE:BMI), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Badger Meter has $63 highest and $3700 lowest target. $50’s average target is 22.85% above currents $40.7 stock price. Badger Meter had 11 analyst reports since July 21, 2015 according to SRatingsIntel. Sidoti initiated the shares of BMI in report on Tuesday, April 12 with “Neutral” rating. Canaccord Genuity maintained Badger Meter, Inc. (NYSE:BMI) rating on Thursday, July 13. Canaccord Genuity has “Hold” rating and $3700 target. The rating was initiated by Gabelli on Wednesday, October 7 with “Hold”. The stock has “Sell” rating by Ladenburg Thalmann on Friday, March 18. The company was downgraded on Wednesday, April 20 by Robert W. Baird. The rating was upgraded by Robert W. Baird on Wednesday, February 3 to “Outperform”. The stock of Badger Meter, Inc. (NYSE:BMI) has “Hold” rating given on Thursday, May 25 by Canaccord Genuity. As per Tuesday, July 21, the company rating was downgraded by Robert W. Baird. The stock of Badger Meter, Inc. (NYSE:BMI) has “Buy” rating given on Tuesday, January 10 by Sidoti.

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 $1.19 billion. The Company’s products measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. It has a 35.79 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: “Badger Meter acquires Swedish company” on April 26, 2017, also Jsonline.com with their article: “Sales fall in fourth quarter during record year for Badger Meter” published on February 06, 2017, Jsonline.com published: “Badger Meter not planning to sell” on August 12, 2016. More interesting news about Badger Meter, Inc. (NYSE:BMI) were released by: Jsonline.com and their article: “Badger Meter reports record first quarter” published on April 19, 2017 as well as Biztimes.com‘s news article titled: “Badger Meter puts an end to sale speculation” with publication date: August 13, 2016.

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