Added to YB: 2025-01-15
Pitch date: 2024-11-30
BMI [bearish]
Badger Meter, Inc.
+27.96%
current return
Author Info
No bio for this author
Company Info
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide.
Market Cap
$4.4B
Pitch Price
$215.75
Price Target
108.41 (-30%)
Dividend
1.07%
EV/EBITDA
18.89
P/E
31.22
EV/Sales
4.53
Sector
Electronic Equipment, Instruments and Components
Category
value
Badger Meter, Inc. - $BMI
BMI short: Water meter maker benefiting from temporary tailwinds (ARPA subsidies, labor costs, water rates). Peak cycle likely passed. Supply costs declining, pressuring margins. $1B market, 25% share. 3% historical growth implies robust competition. LT $3 EPS, 25x P/E = >50% downside. M&A unlikely due to size. Revenue/earnings miss risk for 2025.
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