- Badger Meter‘s net sales for the fourth quarter reached $205.2 million, a 12% increase compared to the same period last year, aligning with estimates of $203.6 million.
- Earnings per share (EPS) rose to $1.04, up from 84 cents in the previous year.
- Operating earnings were reported at $39.2 million, slightly below the estimated $41.3 million.
- Expenses related to selling, engineering, and administration totaled $43.5 million, an 11% increase year-over-year, surpassing the estimate of $42.2 million.
- The company is committed to focusing on customer outcomes, delivering innovative solutions, and maintaining operational excellence to provide strong shareholder returns and protect valuable resources.
- Analyst recommendations on Badger Meter include 3 buys, 4 holds, and no sell ratings.
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Badger Meter on Smartkarma
Baptista Research analysts have been closely following Badger Meter‘s performance on Smartkarma, an independent investment research network. In their report titled “Badger Meter: Expanding Product Portfolio & Innovation To Set New Standards! – Major Drivers,” the analysts highlighted Badger Meter‘s strong financial performance in the third quarter of 2024 despite challenging market conditions. The company reported a 12% year-over-year increase in top-line sales, driven by the utility water product line, particularly the BlueEdge suite of smart water solutions.
In another report titled “Badger Meter Inc.: Initiation Of Coverage – Dealing With Financial Performance Stability and Margin Pressure! – Major Drivers,” Baptista Research discussed Badger Meter Inc.’s robust second-quarter earnings for 2024. The company surpassed expectations with quarterly revenues reaching $217 million, a 23% year-over-year increase. This growth was attributed to strong market demand and efficient backlog conversion, surpassing anticipated levels.
A look at Badger Meter Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Badger Meter, Inc. manufactures flow measurement products for various industries. The company’s smart scores indicate a positive long-term outlook, with strong scores in Growth and Resilience. A high Growth score suggests potential for expansion and development, while a solid Resilience score signifies the company’s ability to withstand economic challenges.
Although Badger Meter scores lower in Value and Dividend, its momentum score holds steady. This indicates a moderate level of market interest and activity. Overall, the company appears well-positioned for future growth and stability, particularly with its focus on flow measurement and control products in diverse applications.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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