Media coverage about Badger Meter (NYSE:BMI) has trended somewhat positive this week, AlphaOne Sentiment Analysis reports. The research group, a subsidiary of Accern, identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Badger Meter earned a media sentiment score of 0.13 on AlphaOne’s scale. AlphaOne also assigned media headlines about the scientific and technical instruments company an impact score of 14 out of 100, meaning that recent press coverage is very unlikely to have an impact on the company’s share price in the near future.
Shares of Badger Meter (NYSE:BMI) traded up 1.98% during midday trading on Friday, reaching $38.55. 64,187 shares of the company were exchanged. The firm has a 50-day moving average of $37.83 and a 200 day moving average of $36.81. Badger Meter has a 52 week low of $29.30 and a 52 week high of $41.70. The firm has a market capitalization of $1.12 billion, a P/E ratio of 34.12 and a beta of 0.55.
Badger Meter (NYSE:BMI) last posted its earnings results on Wednesday, April 19th. The scientific and technical instruments company reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.04. Badger Meter had a net margin of 8.20% and a return on equity of 13.01%. The company had revenue of $101.60 million for the quarter, compared to analysts’ expectations of $102.63 million. During the same quarter in the prior year, the company posted $0.55 earnings per share. Badger Meter’s revenue for the quarter was up 1.0% compared to the same quarter last year. On average, equities research analysts expect that Badger Meter will post $1.24 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Wednesday, May 31st will be given a $0.115 dividend. The ex-dividend date is Friday, May 26th. This represents a $0.46 dividend on an annualized basis and a yield of 1.22%. Badger Meter’s payout ratio is currently 41.44%.
Separately, Zacks Investment Research upgraded shares of Badger Meter from a “sell” rating to a “hold” rating in a report on Thursday, February 9th.
In other news, Chairman Richard A. Meeusen sold 12,500 shares of the stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $40.66, for a total transaction of $508,250.00. Following the sale, the chairman now owns 224,320 shares of the company’s stock, valued at $9,120,851.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Richard E. Johnson sold 28,004 shares of the stock in a transaction dated Tuesday, April 25th. The stock was sold at an average price of $41.34, for a total transaction of $1,157,685.36. The disclosure for this sale can be found here. Insiders sold 115,046 shares of company stock worth $4,415,623 in the last ninety days. 4.60% of the stock is currently owned by corporate insiders.
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.
Receive News & Ratings for Badger Meter Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Badger Meter Inc. and related companies with MarketBeat.com's FREE daily email newsletter.