In the latest trading session, Badger Meter (BMI) closed at $131.38, marking a +2.91% move from the previous day. This change outpaced the S&P 500's 0.6% gain on the day. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.64%.
Heading into today, shares of the manufacturer of products that measure gas and water flow had gained 2.12% over the past month, lagging the Computer and Technology sector's gain of 4.03% and outpacing the S&P 500's gain of 1.34%.
The upcoming earnings release of Badger Meter will be of great interest to investors. The company's earnings report is expected on October 22, 2026. The company's upcoming EPS is projected at $1.21, signifying a 1.68% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $240.55 million, up 2.08% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.5 per share and a revenue of $912.38 million, signifying shifts of -6.05% and -0.47%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Badger Meter. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Badger Meter is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Badger Meter has a Forward P/E ratio of 28.34 right now. This valuation marks no noticeable deviation compared to its industry average Forward P/E of 28.34.
One should further note that BMI currently holds a PEG ratio of 3.15. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Instruments - Control stocks are, on average, holding a PEG ratio of 2.21 based on yesterday's closing prices.
The Instruments - Control industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 43, which puts it in the top 18% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Badger Meter, Inc. (BMI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).