News headlines about Badger Meter (NYSE:BMI) have been trending somewhat negative recently, Alpha One Sentiment reports. The research group, a service of Accern, identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Alpha One 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 -0.02 on Alpha One’s scale. Alpha One also gave media headlines about the scientific and technical instruments company an impact score of 41 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected AlphaOne’s analysis:
- BidaskClub Lowers Badger Meter, Inc. (BMI) to Hold (americanbankingnews.com)
- Beverly L. P. Smiley Sells 22,100 Shares of Badger Meter, Inc. (BMI) Stock (americanbankingnews.com)
- Badger Meter, Inc. (BMI) Chairman Richard A. Meeusen Sells 4,301 Shares (americanbankingnews.com)
- BRIEF-Badger Meter CEO Meeusen sells 4,301 shares of co’s common stock on June 13-14 (feeds.reuters.com)
- Badger Meter, Inc. Common Stock (NYSE:BMI) Trading Down – Insiders Selling, Short Interest Growing (highlightpress.com)
Shares of Badger Meter (NYSE BMI) traded down 0.75% during midday trading on Friday, hitting $39.80. 329,516 shares of the stock were exchanged. Badger Meter has a 1-year low of $29.30 and a 1-year high of $41.70. The firm has a 50-day moving average of $39.25 and a 200-day moving average of $37.59. The company has a market capitalization of $1.16 billion, a P/E ratio of 35.22 and a beta of 0.54.
Badger Meter (NYSE:BMI) last announced its quarterly earnings results on Wednesday, April 19th. The scientific and technical instruments company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.04. Badger Meter had a net margin of 8.37% and a return on equity of 13.02%. 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 previous year, the business posted $0.55 earnings per share. Badger Meter’s quarterly revenue was up 1.0% on a year-over-year basis. On average, equities analysts expect that Badger Meter will post $1.24 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Wednesday, May 31st were given a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 1.15%. The ex-dividend date was Friday, May 26th. Badger Meter’s dividend payout ratio is presently 40.53%.
A number of equities analysts have commented on BMI shares. Zacks Investment Research cut shares of Badger Meter from a “hold” rating to a “sell” rating in a research note on Tuesday, April 11th. Canaccord Genuity reissued a “hold” rating and issued a $37.00 price target on shares of Badger Meter in a research note on Wednesday, May 24th. Finally, BidaskClub cut shares of Badger Meter from a “buy” rating to a “hold” rating in a research note on Thursday.
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In related news, VP Beverly L. P. Smiley sold 22,100 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $40.30, for a total value of $890,630.00. Following the sale, the vice president now owns 95,633 shares in the company, valued at $3,854,009.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Richard A. Meeusen sold 12,500 shares of the business’s stock in a transaction on Thursday, April 27th. The stock was sold at an average price of $40.66, for a total transaction of $508,250.00. Following the completion of the sale, the chairman now owns 224,320 shares in the company, valued at approximately $9,120,851.20. The disclosure for this sale can be found here. Insiders sold 120,908 shares of company stock worth $4,908,212 in the last 90 days. 4.50% of the stock is currently owned by company insiders.
About Badger Meter
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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