(BMI) Badger Meter - Ratings and Ratios

Badger Meter Inc. is a leading provider of innovative flow measurement, quality control, and communication solutions, serving a diverse range of industries including water utilities, commercial, and industrial sectors. The companys comprehensive product portfolio includes smart metering solutions, flow instrumentation products, and advanced software technologies, enabling customers to optimize their operations, improve efficiency, and reduce costs.

With a strong presence in the water utilities market, Badger Meters products and services help municipalities manage their water resources effectively. The companys ORION Cellular endpoints and BEACON software suite provide advanced data analytics and customer engagement tools, allowing water utilities to detect leaks, manage water usage, and improve overall system efficiency. Additionally, Badger Meters flow instrumentation products are used in various applications, including heating, ventilating, and air conditioning, and corporate sustainability initiatives.

From a technical analysis perspective, Badger Meters stock price is currently trading near its 52-week high, with a last price of $246.90. The stock is above its 20-day SMA of $245.24, indicating a positive short-term trend. The 50-day SMA of $218.66 and 200-day SMA of $213.47 suggest a strong uptrend, with the stock having broken through key resistance levels. With an ATR of 5.56, representing a 2.25% daily price range, the stock is experiencing moderate volatility.

Fundamentally, Badger Meters market capitalization stands at $7.32 billion, with a P/E ratio of 54.61 and a forward P/E of 52.91. The companys return on equity is 22.35%, indicating a strong ability to generate profits. Given the current technical and fundamental data, it is likely that Badger Meters stock will continue to trade within a narrow range, potentially consolidating around the $247.5 resistance level. A breakout above this level could lead to further gains, targeting the $254.17 level, while a decline below the $218.9 support level could signal a reversal, targeting the $213.3 and $205.4 levels.

Forecasting the next 6-12 months, we expect Badger Meters stock to continue its upward trend, driven by the companys strong fundamentals, innovative product offerings, and growing demand for smart water management solutions. As the stock approaches the $254.17 level, we anticipate a potential pullback, followed by a continued uptrend, driven by the companys expanding presence in the water utilities and industrial sectors. Key support levels to watch include $218.9, $213.3, and $205.4, while resistance levels to monitor include $247.5 and $254.17.