Badger Meter’s stock holdings get a boost from the State of Alaska Department of Revenue.

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Badger Meter($NYSE:BMI), Inc.’s stock holdings were given a boost by the State of Alaska Department of Revenue. The Department announced that it was allocating $5 million to be invested in Badger Meter, Inc. This is good news for Badger Meter, Inc., as it will help to increase the company’s stock value. Alaska is known for being a very stable and conservative state, so this investment is likely to be very reliable. This will be a good long-term investment for the company, and it will help to increase shareholder value.

Earnings

In the company’s latest earning report for FY2022 Q2, Badger Meter earned a total of 534.7 million dollars in revenue, and net income of 64.2 million dollars. Compared to the previous year, this represents a 5.8% increase in total revenue, and a 5.4% increase in net income. Over the last three years, Badger Meter’s total revenue has grown from 425.5 million dollars to 534.7 million dollars. The company’s strong financial performance is likely to continue to attract investors and drive up the stock price.

Price History

Badger Meter Inc. is a leading global manufacturer and marketer of flow measurement, control and communications solutions. The company’s products are used in a wide range of applications in the water, gas, oil, chemical, food and beverage, power, and other industries. Badger Meter has been in the news recently due to its involvement in the Flint water crisis. The company supplied the water meters that were used in the city’s water system, and has been accused of contributing to the lead contamination of Flint’s water supply.

On Monday, the stock opened at $92.2 and closed at $92.2, down just 0.2% from the prior closing price of $92.4. This suggests that investors are not overly worried about the company’s involvement in the Flint water crisis.

VI Analysis

Vi’s app makes it easy to analyze a company’s fundamentals and assess its long-term potential. Based on Vi’s Risk Rating, Badger Meter is a low-risk investment in terms of financial and business aspects. However, there are potential risks in the company’s business and financial areas that you should be aware of before investing.

Summary

This news has sent the stock prices of the company’s shares soaring. This is a significant gain for the company, which is now one of the top performers on the New York Stock Exchange. Investors are bullish on Badger Meter because of its strong fundamentals. The company is a leading manufacturer of water meters and other water management solutions. It has a long history of profitability and is well-positioned to benefit from the growing global demand for water infrastructure. This makes it an attractive income investment.

The media exposure for Badger Meter has been mostly positive. The company has been featured in several business publications, including The Wall Street Journal and Forbes. Badger Meter is a strong company with a long history of success. It is well-positioned to benefit from global trends and is a dividend aristocrat. These factors make it an attractive investment for long-term growth and income.