Badger Meter BMI, a present Zacks Rank #1 (Robust Purchase), is a world supplier of industry-leading water options that embrace movement measurement, high quality, and different system parameters. Its choices present prospects with the information and analytics important to optimize their operations and contribute to the sustainable use and safety of water.
Analysts have raised their earnings expectations throughout the board.
Picture Supply: Zacks Funding Analysis
Along with favorable earnings estimate revisions, the inventory resides within the Zacks Devices – Management {industry}, presently ranked within the high 37% of all Zacks industries. Let’s take a more in-depth take a look at how the corporate presently stacks up.
Badger Meter
Badger Meter shares have displayed a pleasant degree of relative power during the last three months, gaining 26% in comparison with the S&P 500’s 3% acquire. Shares popped post-earnings following its newest launch, with traders happy with the outcomes.
Picture Supply: Zacks Funding Analysis
Regarding the above-mentioned launch, BMI exceeded the Zacks Consensus EPS estimate by almost 17% and posted gross sales 7% forward of the consensus, reflecting progress charges of fifty% and 24%, respectively. The corporate’s gross sales progress has remained significantly robust during the last a number of years, as we are able to see under.
Picture Supply: Zacks Funding Analysis
Earnings-focused traders is also , with BMI shares presently yielding 0.6% yearly. And the corporate has persistently more and more rewarded its shareholders, boasting a 12% five-year annualized dividend progress fee.
Picture Supply: Zacks Funding Analysis
Consensus expectations for its present fiscal yr counsel 24% larger earnings on 14% larger gross sales, with FY25 expectations alluding to a further 10% pop in earnings paired with a 4% gross sales climb.
Backside Line
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The highest 5% of all shares obtain the extremely coveted Zacks Rank #1 (Robust Purchase). These shares ought to outperform the market greater than every other rank.
Badger Meter BMI can be a wonderful inventory for traders to think about, as displayed by its Zack Rank #1 (Robust Purchase).
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Badger Meter, Inc. (BMI) : Free Stock Analysis Report
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