Badger Meter shares rose 1.1% to $127.50, outpacing a 0.45% loss for the S&P 500, as investors positioned ahead of the company's upcoming quarterly results. The maker of gas and water flow measurement products is expected to report earnings per share of $1.21, up 1.68% from the prior-year quarter, on revenue of $240.55 million, a 2.08% increase. For the full year, the Zacks Consensus Estimates forecast earnings of $4.5 per share and revenue of $912.38 million, changes of -6.05% and -0.47% respectively from the previous year. Over the past month, the consensus EPS estimate has shifted 1.73% upward, and Badger Meter currently holds a Zacks Rank of #3 (Hold). The stock trades at a forward P/E ratio of 28, in line with its industry average, while its PEG ratio of 3.11 compares with an average of 2.18 for the Instruments - Control industry.
Badger Meter IncShares rose 1.1% as investors positioned ahead of upcoming quarterly earnings, with consensus estimates and a Zacks #3 Hold rating discussed.
