We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's How Much a $1000 Investment in Badger Meter Made 10 Years Ago Would Be Worth Today
Read MoreHide Full Article
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in Badger Meter (BMI - Free Report) ten years ago? It may not have been easy to hold on to BMI for all that time, but if you did, how much would your investment be worth today?
Badger Meter's Business In-Depth
With that in mind, let's take a look at Badger Meter's main business drivers.
Incorporated in 1905 and headquartered in Milwaukee, WI, Badger Meter, Inc. is a leading provider of water solutions, which include flow measurement, quality and other system parameters. The company’s products measure water, oil, chemicals, and other fluids and are known for accuracy, long-lasting durability, and for providing valuable and timely measurement data. The company’s cloud-hosted software suite, BEACON, allows consumer engagement tools that permit end-water customers to view and manage their water usage activity. The ORION branded family of radio endpoints includes ORION (ME), ORION (SE) applications, and ORION Cellular for an infrastructure-free AMI solution.
Badger Meter’s product lines fall into two categories — utility water and flow instrumentation. The utility water product line consists of either mechanical or static (ultrasonic) water meters and related radio and software technologies and services that are used by water utilities to generate water and wastewater revenues. Badger Meter estimates that about 70% of water meters installed in the United States have been converted to some form of radio solution technology.
The flow instrumentation product line mainly caters to water applications in the wider industrial markets. This product line consists of meters, valves, and other sensing devices for measuring and controlling the volume of liquids and gases, such as water, air, and steam, that pass through a pipe or pipeline. Badger Meter estimates that more than 90% of its products are used in water-related applications. Typically, flow instrumentation instruments are sold through manufacturers' agents and to original equipment manufacturers as the main flow-measuring component of a system or product.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Badger Meter ten years ago, you're likely feeling pretty good about your investment today.
A $1000 investment made in July 2014 would be worth $8,187.40, or a gain of 718.74%, as of July 17, 2024, according to our calculations. This return excludes dividends but includes price appreciation.
The S&P 500 rose 186% and the price of gold increased 79.63% over the same time frame in comparison.
Analysts are anticipating more upside for BMI.
Badger Meter is gaining momentum from healthy customer demand for its differentiated smart water solutions and smooth operational execution. Steady traction in E-Series ultrasonic meters, cellular AMI solution, ORION Cellular endpoint sales and higher BEACON Software-as-a-Service sales is likely to cushion top-line expansion. Its efforts to broaden the global footprint are creating a tailwind. Margins are gaining from higher volumes and structural positive sales mix trends. A debt-free balance sheet and synergies from acquisitions are key catalysts. However, management expects to witness tougher year-over-year comparisons as the year progresses and expects higher expenses owing to incremental growth investments. An uncertain global macroeconomic backdrop, forex volatility and intensified competition are added headwinds.
Shares have gained 5.70% over the past four weeks and there have been 1 higher earnings estimate revisions for fiscal 2024 compared to none lower. The consensus estimate has moved up as well.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's How Much a $1000 Investment in Badger Meter Made 10 Years Ago Would Be Worth Today
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in Badger Meter (BMI - Free Report) ten years ago? It may not have been easy to hold on to BMI for all that time, but if you did, how much would your investment be worth today?
Badger Meter's Business In-Depth
With that in mind, let's take a look at Badger Meter's main business drivers.
Incorporated in 1905 and headquartered in Milwaukee, WI, Badger Meter, Inc. is a leading provider of water solutions, which include flow measurement, quality and other system parameters. The company’s products measure water, oil, chemicals, and other fluids and are known for accuracy, long-lasting durability, and for providing valuable and timely measurement data. The company’s cloud-hosted software suite, BEACON, allows consumer engagement tools that permit end-water customers to view and manage their water usage activity. The ORION branded family of radio endpoints includes ORION (ME), ORION (SE) applications, and ORION Cellular for an infrastructure-free AMI solution.
Badger Meter’s product lines fall into two categories — utility water and flow instrumentation. The utility water product line consists of either mechanical or static (ultrasonic) water meters and related radio and software technologies and services that are used by water utilities to generate water and wastewater revenues. Badger Meter estimates that about 70% of water meters installed in the United States have been converted to some form of radio solution technology.
The flow instrumentation product line mainly caters to water applications in the wider industrial markets. This product line consists of meters, valves, and other sensing devices for measuring and controlling the volume of liquids and gases, such as water, air, and steam, that pass through a pipe or pipeline. Badger Meter estimates that more than 90% of its products are used in water-related applications. Typically, flow instrumentation instruments are sold through manufacturers' agents and to original equipment manufacturers as the main flow-measuring component of a system or product.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Badger Meter ten years ago, you're likely feeling pretty good about your investment today.
A $1000 investment made in July 2014 would be worth $8,187.40, or a gain of 718.74%, as of July 17, 2024, according to our calculations. This return excludes dividends but includes price appreciation.
The S&P 500 rose 186% and the price of gold increased 79.63% over the same time frame in comparison.
Analysts are anticipating more upside for BMI.
Badger Meter is gaining momentum from healthy customer demand for its differentiated smart water solutions and smooth operational execution. Steady traction in E-Series ultrasonic meters, cellular AMI solution, ORION Cellular endpoint sales and higher BEACON Software-as-a-Service sales is likely to cushion top-line expansion. Its efforts to broaden the global footprint are creating a tailwind. Margins are gaining from higher volumes and structural positive sales mix trends. A debt-free balance sheet and synergies from acquisitions are key catalysts. However, management expects to witness tougher year-over-year comparisons as the year progresses and expects higher expenses owing to incremental growth investments. An uncertain global macroeconomic backdrop, forex volatility and intensified competition are added headwinds.
Shares have gained 5.70% over the past four weeks and there have been 1 higher earnings estimate revisions for fiscal 2024 compared to none lower. The consensus estimate has moved up as well.