Badger Meter (BMI) closed the most recent trading day at $149.79, moving +2.69% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.72%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.12%.
The stock of manufacturer of products that measure gas and water flow has risen by 15.28% in the past month, leading the Computer and Technology sector's loss of 6.12% and the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Badger Meter in its upcoming release. The company plans to announce its earnings on July 22, 2026. The company is forecasted to report an EPS of $1.01, showcasing a 13.68% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $219.66 million, indicating a 7.75% decline compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $4.51 per share and a revenue of $909.27 million, demonstrating changes of -5.85% and -0.81%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Badger Meter. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Badger Meter currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Badger Meter is currently trading at a Forward P/E ratio of 32.34. For comparison, its industry has an average Forward P/E of 32.34, which means Badger Meter is trading at no noticeable deviation to the group.
We can additionally observe that BMI currently boasts a PEG ratio of 2.61. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Instruments - Control industry was having an average PEG ratio of 1.96.
The Instruments - Control industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 44, positioning it in the top 18% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within 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).