Raymond James Financial Services Advisors Trims Position in Badger Meter,
November 8, 2023
🌥️Trending News
Raymond James Financial Services Advisors Inc. has recently disclosed that they have trimmed their position in Badger Meter ($NYSE:BMI), Inc., a leading manufacturer of flow measurement and control products. The company offers a range of products including water meters, turbine flow meters, electronic flow meters, automated meter reading systems, and smart water solutions. Badger Meter primarily serves the water utility and industrial markets across North America, Europe, and Asia Pacific.
Badger Meter has been providing innovative solutions for over one hundred years and continues to be focused on providing exceptional customer service and dependable, high-quality products. The company’s goal is to enable their customers to better measure and manage their resources in order to reduce costs, improve efficiency, and create a sustainable environment.
Share Price
On Monday, the stock of Badger Meter opened at $142.4 and closed at $142.0, down from the previous closing price of $142.9. It is important to note that the reduction in share value in Badger Meter, Inc. is most likely an isolated incident and should not be taken as an indicator of potential decline in future stock prices. Badger Meter, Inc. is still a highly valuable stock that has been steadily increasing over the past few years. It is likely that this slight downturn in stock price will not affect the company’s overall growth trajectory. 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 |
| 668.48 | 85.42 | 12.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Badger Meter. More…
| Operations | Investing | Financing |
| 101.88 | -28.28 | -26.11 |
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 |
| 689.76 | 197.05 | 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 |
| 16.7% | 19.0% | 16.2% |
| FCF Margin | ROE | ROA |
| 13.6% | 14.0% | 9.8% |
Analysis
At GoodWhale, we take a deep dive into the fundamentals of BADGER METER. According to our Star Chart, BADGER METER has one of the highest health scores, earning a 10 out of 10. This reflects its strong cashflows and debt capabilities, meaning that it is able to pay off debt and fund future operations. Based on our analysis, we have concluded that BADGER METER is a ‘gorilla’, meaning that it has achieved stable and high revenue growth due to its strong competitive advantage. For investors who are looking for a company with strong fundamentals, BADGER METER is an attractive option. Our analysis reveals that BADGER METER is strong in assets, dividends, growth, and profitability. 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
Badger Meter, Inc. is a publicly-traded company that manufactures and markets specialized flow measurement products for industrial, commercial, and water utility markets worldwide. Raymond James Financial Services Advisors Inc. has recently trimmed their position in the company. For potential investors, thorough analysis is essential before making an investment decision. Key factors to consider include the company’s financial performance, future prospects, competitive landscape and positioning within the industry, market dynamics, management team, and the overall macroeconomic environment. Analyzing financial statements such as the balance sheet, income statement, and cash flow statement to identify trends and potential risks is also recommended.
Additionally, investors should review analyst opinions and target stock prices to gain insights into the sentiment of the market and potential investment returns.
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