Badger Meter Intrinsic Stock Value – Principal Financial Group reduces stake in Badger Meter,
November 13, 2024
🌥️Trending News
Badger Meter ($NYSE:BMI), Inc. is a leading manufacturer of flow measurement and control technology for various industries including water utilities, oil and gas, and industrial applications. The company’s stock, listed on the New York Stock Exchange under the ticker symbol BMI, has seen a steady growth over the years, making it a popular choice among investors. Principal Financial Group’s decision to reduce its stake in Badger Meter might come as a surprise to some investors, especially considering the company’s strong financial performance in recent years. The company also expects to continue this positive trend throughout the year. So why did Principal Financial Group choose to reduce its investment? It could be due to a variety of reasons, including portfolio diversification or reallocation of funds. It is also worth noting that Principal Financial Group still holds a significant number of shares in Badger Meter, which could indicate that they still have confidence in the company’s future prospects.
This reduction in investment may not have a significant impact on Badger Meter’s stock performance, but it does serve as a reminder that even successful companies can see changes in their shareholding structure. As with any investment decision, it is important for investors to continuously monitor any developments related to the companies they have invested in. In conclusion, while Principal Financial Group’s reduced stake in Badger Meter may raise some eyebrows, it is important to remember that it does not necessarily reflect the company’s overall performance or outlook. Badger Meter remains a strong player in its industry and has a track record of delivering solid financial results. It will be interesting to see how the company continues to perform and adapt to any changes in its shareholder base in the future.
Price History
On Monday, financial services company Principal Financial Group announced that it had reduced its stake in Badger Meter, Inc. This news caused a stir in the stock market, as BADGER METER stock opened at $225.38 and closed at $226.87, showing a 1.52% increase from the previous closing price of $223.47. Principal Financial Group had previously held a significant stake in Badger Meter, Inc., a leading manufacturer of flow measurement and control solutions for various industries.
However, with this recent decision to reduce its stake, it appears that the financial services company is shifting its investment strategy. This move by Principal Financial Group may have been influenced by a variety of factors, including the current state of the stock market and the overall performance of BADGER METER. The reduction in stake by Principal Financial Group may also suggest a shift in their confidence in BADGER METER’s future prospects. This could be a reflection of the company’s financial performance and potential growth opportunities in the near future. It is unclear at this time how this change in investment strategy will affect BADGER METER and its shareholders. However, it will be interesting to see how the market responds to this news in the coming days and weeks. Overall, Principal Financial Group’s decision to reduce their stake in BADGER METER has caused some buzz in the stock market and raises questions about the future direction of the company. Investors will be keeping a close eye on any further developments and their potential impact on the company’s stock performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Badger Meter. More…
| Total Revenues | Net Income | Net Margin |
| 703.59 | 92.6 | 13.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Badger Meter. More…
| Operations | Investing | Financing |
| 110.12 | -29.13 | -28.09 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Badger Meter. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 716.92 | 200.44 | 16.79 |
Key Ratios Snapshot
Some of the financial key ratios for Badger Meter are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.2% | 22.0% | 16.8% |
| FCF Margin | ROE | ROA |
| 13.9% | 15.0% | 10.3% |
Analysis – Badger Meter Intrinsic Stock Value
As a financial analysis platform, GoodWhale has conducted a thorough evaluation of BADGER METER‘s current state of well-being. Our comprehensive analysis takes into account various factors such as the company’s financial performance, market trends, and industry outlook. Based on our proprietary Valuation Line, we have determined that the fair value of BADGER METER’s share is approximately $140.7. This valuation takes into consideration multiple factors such as the company’s revenue, earnings, and growth potential. However, at the current trading price of $226.87, BADGER METER’s stock is significantly overvalued, with a 61.2% premium over its fair value. This suggests that investors may be paying a higher price for the stock than its actual worth. We advise investors to carefully consider this information when making investment decisions regarding BADGER METER. It is important to note that market fluctuations and changes in company performance can affect the stock’s value over time, so regular monitoring is recommended. More…
Peers
Its main competitors are Ningbo Water Meter (Group) Co Ltd, Global Water Technologies Inc, and Rainmaker Worldwide Inc.
– Ningbo Water Meter (Group) Co Ltd ($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
Principal Financial Group Inc. has decreased its stake in Badger Meter, Inc., a company that provides flow measurement and control solutions. This move by Principal Financial Group suggests a lack of confidence in the company’s performance or potential for growth. It could also indicate a shift in their investment strategy. Investors should monitor Badger Meter’s financial performance and any changes in the company’s leadership or strategy to determine if this decreased investment is warranted.
Additionally, they should consider diversifying their investments to mitigate the potential risks associated with a decrease in stake by a major investor.
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