Badger Meter (BMI) ended the recent trading session at $140.12, demonstrating a -2.82% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.79%. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 1.55%.
The manufacturer of products that measure gas and water flow's stock has climbed by 9.45% in the past month, exceeding the Computer and Technology sector's gain of 3.44% and the S&P 500's gain of 4.28%.
The investment community will be closely monitoring the performance of Badger Meter in its forthcoming earnings report. The company is scheduled to release its earnings on July 22, 2026. In that report, analysts expect Badger Meter to post earnings of $1.01 per share. This would mark a year-over-year decline of 13.68%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $219.66 million, down 7.75% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.51 per share and a revenue of $909.27 million, representing changes of -5.85% and -0.81%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Badger Meter. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, Badger Meter holds a Zacks Rank of #3 (Hold).
In the context of valuation, Badger Meter is at present trading with a Forward P/E ratio of 31.97. This expresses no noticeable deviation compared to the average Forward P/E of 31.97 of its industry.
We can also see that BMI currently has a PEG ratio of 2.58. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Instruments - Control industry was having an average PEG ratio of 1.95.
The Instruments - Control industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 48, positioning it in the top 20% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Badger Meter, Inc. (BMI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).