Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Badger Meter Inc before investing.

In this article, we go over a few key elements for understanding Badger Meter Inc’s stock price such as:

• Badger Meter Inc’s current stock price and volume
• Why Badger Meter Inc’s stock price changed recently
• Upgrades and downgrades for BMI from analysts
• BMI’s stock price momentum as measured by its relative strength

About Badger Meter Inc (BMI)

Before we jump into Badger Meter Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its solutions encompass smart measurement hardware, reliable communications, data and analytics software as well as ongoing support to optimize customers' operations. Its smart measurement hardware is primarily comprised of product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions, including optical sensing and electrochemical instruments that provide real-time, on-demand data parameters, and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions, which include the ORION branded family of radio endpoints, for communicating data from hardware into usable applications. It also offers training, project management, technical support and other collaborative services for customers.

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Badger Meter Inc’s Stock Price as of Market Close

As of July 22, 2024, 4:00 PM, CST, Badger Meter Inc’s stock price was $201.52.

Badger Meter Inc is up 5.75% from its previous closing price of $190.56.

During the last market session, Badger Meter Inc’s stock traded between $181.00 and $194.59. Currently, there are 29.32 million shares of Badger Meter Inc stock available for purchase.

Badger Meter Inc’s price-earnings (P/E) ratio is currently at 54.9, which is high compared to the Industrial Machinery & Equipment industry median of 25.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Badger Meter Inc Stock Price History

Badger Meter Inc’s (BMI) price is currently up 8.14% so far this month.

During the month of July, Badger Meter Inc’s stock price has reached a high of $202.16 and a low of $181.00.

Over the last year, Badger Meter Inc has hit prices as high as $202.81 and as low as $134.06. Year to date, Badger Meter Inc’s stock is up 84.83%.

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What Caused Badger Meter Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 19, 2024, there were 0 analysts who downgraded Badger Meter Inc’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Badger Meter Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Badger Meter Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Badger Meter Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Badger Meter Inc (BMI) by visiting AAII Stock Evaluator.

Relative Price Strength of Badger Meter Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 19, 2024, Badger Meter Inc has a weighted four-quarter relative price strength of -0.30%, which translates to a Momentum Score of 67 and is considered to be Strong.

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Badger Meter Inc Stock Price: Bottom Line

As of July 22, 2024, Badger Meter Inc’s stock price is $201.52, which is up 5.75% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Badger Meter Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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