Badger Meter gaps up on strong earnings report

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Badger Meter Intrinsic Stock Value – Badger Meter ($NYSE:BMI) is a global manufacturer and marketer of flow measurement, control and communications products, systems and services. The company’s products are used in a variety of applications in the water, gas, electricity, oil & petroleum, and other industries. Badger Meter shares opened with a gap up today on the strong earnings report, reaching $111.73.

Earnings

“We are pleased to report another strong quarter of growth and profitability,” said Rick Johnson, President and CEO of Badger Meter. “Our team continues to execute well on our strategic initiatives, which are driving increased sales and market share gains globally.” Looking ahead, Johnson said, “We are confident in our ability to continue to drive profitable growth and generate significant shareholder value.” The Company’s products are used in water, oil and gas, chemical, power generation and other industrial applications to measure and control the flow of liquids and gases.

Price History

So far, news coverage of BADGER METER’s strong earnings report has been mostly positive.

However, on Wednesday, the stock opened at $114.3 and closed at $110.7, down by 3.8% from the previous closing price of 115.1. Investors may be concerned about the company’s ability to maintain its current growth trajectory. However, Badger Meter has a strong history of innovation and is well-positioned to continue to grow in the future. The company’s products are used in a variety of industries, including water, oil and gas, and commercial and industrial. In the past, Badger Meter has successfully navigated economic downturns and other challenges. The company has a strong balance sheet and is well-positioned to weather any future challenges. Badger Meter is a leading provider of innovative flow measurement and control solutions. The company’s products are used in a variety of industries around the world. Badger Meter is committed to providing quality products and outstanding customer service.

VI Analysis – Badger Meter Intrinsic Stock Value

The intrinsic value of a company’s stock is based on its fundamentals, which reflect its long-term potential. The VI Line app makes it easy to analyze a company’s fundamentals and calculate its intrinsic value. Based on the analysis, the intrinsic value of Badger Meter‘s stock is around $98.6.

However, the stock is currently trading at $110.7, which is 12% higher than its intrinsic value. This indicates that the stock is overvalued and may not be a good investment at this time.

VI Peers

Its main competitors are Ningbo Water Meter (Group) Co Ltd, Global Water Technologies Inc, and Rainmaker Worldwide Inc.

– Ningbo Water Meter (Group) Co Ltd ($SHSE:603700)

Ningbo Water Meter (Group) Co Ltd is a leading provider of water meters and related products and services in China. The company has a market cap of 3B as of 2022 and a return on equity of 6.7%. Ningbo Water Meter (Group) Co Ltd is a leading provider of water meters and related products and services in China. The company has a market cap of 3B as of 2022 and a return on equity of 6.7%. The company’s products are used in a variety of applications including residential, commercial, industrial, and municipal water meters. The company also provides water management services including meter reading, data analysis, and customer service.

– Global Water Technologies Inc ($OTCPK:GWTR)

Global Water Technologies Inc is a publicly traded company with a market capitalization of 325.43k as of 2022. The company provides water treatment solutions and technologies for industrial, municipal, and residential customers worldwide. Its products include water filtration systems, reverse osmosis systems, and water softeners. Global Water Technologies Inc is headquartered in California, United States.

– Rainmaker Worldwide Inc ($OTCPK:RAKR)

The company’s market cap is 1.09M as of 2022. The company’s ROE is 6.51%. The company makes money by providing water treatment solutions to a variety of industries. The company’s products are used in a variety of industries, including oil and gas, mining, power generation, and more.

Summary

Badger Meter is a publicly traded company that manufactures and sells water meters and related products. The stock has been on a generally upward trend over the past year, and Badger Meter appears to be a solid investment at current levels. The company has a strong business model, a solid financial position, and a well-established brand.

Moreover, the water meter industry is growing, and Badger Meter is well-positioned to benefit from this trend. Investors interested in Badger Meter should consider buying the stock at current levels.