News headlines about Badger Meter (NYSE:BMI) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Badger Meter earned a news impact score of 0.11 on Accern’s scale. Accern also gave news stories about the scientific and technical instruments company an impact score of 46.3266093303519 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Badger Meter, Inc. – Value Analysis (NYSE:BMI) : December 4, 2017 (finance.yahoo.com)
- Badger Meter, Inc. (BMI) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- Badger Meter, Inc. breached its 50 day moving average in a Bullish Manner : BMI-US : December 1, 2017 (finance.yahoo.com)
- Badger Meter, Inc. : BMI-US: Dividend Analysis : November 30th, 2017 (record date) : By the numbers : November 30, 2017 (finance.yahoo.com)
- $0.23 EPS Expected for Badger Meter, Inc. (BMI) This Quarter (americanbankingnews.com)
Several brokerages have issued reports on BMI. Canaccord Genuity reiterated a “hold” rating and issued a $40.00 price target on shares of Badger Meter in a report on Friday, October 6th. Zacks Investment Research lowered Badger Meter from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 20th. Sidoti increased their price target on Badger Meter from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, October 5th. Robert W. Baird reaffirmed a “hold” rating and set a $44.00 price target on shares of Badger Meter in a research report on Tuesday, October 17th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $43.00 target price (down from $49.00) on shares of Badger Meter in a research report on Tuesday, October 17th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Badger Meter has an average rating of “Hold” and an average target price of $48.00.
Badger Meter (NYSE:BMI) last issued its quarterly earnings results on Monday, October 16th. The scientific and technical instruments company reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.08). The firm had revenue of $100.00 million for the quarter, compared to the consensus estimate of $102.86 million. Badger Meter had a return on equity of 12.62% and a net margin of 8.39%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $0.30 EPS. equities analysts anticipate that Badger Meter will post 1.18 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be issued a $0.13 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $0.52 annualized dividend and a dividend yield of 1.14%. Badger Meter’s dividend payout ratio is currently 45.61%.
In other Badger Meter news, CFO Richard E. Johnson sold 7,200 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $45.55, for a total transaction of $327,960.00. Following the transaction, the chief financial officer now owns 105,976 shares in the company, valued at approximately $4,827,206.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Beverly L. P. Smiley sold 7,550 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $45.26, for a total value of $341,713.00. Following the completion of the sale, the vice president now directly owns 56,449 shares in the company, valued at $2,554,881.74. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,750 shares of company stock worth $760,873. Company insiders own 4.50% of the company’s stock.
Badger Meter Company Profile
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 customers around the world. The Company’s products measure water, oil, chemicals and other fluids, provide and communicate timely measurement data.
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