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How to Buy Badger Meter Stock

Badger Meter Inc

Badger Meter is a scientific & technical instrument company located in Wisconsin, United States, which is part of the Technology sector, and is traded under the ticker BMI on the NYSE exchange.

Badger Meter stock last closed at $161.81, up 0.5% from the previous day, and has increased 36.28% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.25 percentage points. Badger Meter stock is currently +37.68% from its 52-week low of $117.53, and -5.3% from its 52-week high of $170.86.

As of Mar 28, 2024, there are 29.35M shares of BMI outstanding. The market capitalization of BMI is $4.75B. In the last 24 hours, 198,632 BMI shares were traded.

How to Buy Badger Meter Stock

Wondering how to invest in Badger Meter stock? Here's how.
  1. Decide where to buy Badger Meter stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Badger Meter stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your method of payment and add your information.
  4. Research Badger Meter stock: The Badger Meter ticker symbol is BMI. Is Badger Meter stock a good investment? Should you buy shares of BMI? How do BMI's underlying business fundamentals look? Do top analysts think Badger Meter is a good buy? Why has BMI's stock price moved recently? (Hint: Our stock market research tools can help you decide if BMI is a good stock to buy).
  5. Place your BMI purchase: Decide if you will purchase BMI shares at the current market price or use a limit order to buy BMI stock at a particular price.
  6. Keep an eye on your BMI investment: Create a watchlist to keep tabs on your new investment in Badger Meter shares.

Step 1: Decide where to buy Badger Meter stock

You will need a brokerage account to access the NYSE market and buy BMI shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the best brokerage, you'll need to fill out some personal details so you can invest in BMI today.

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  2. Input your personal details to start your new trading account.
  1. Send your application by pressing the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've filled out your info on a mobile trading app, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of depositing money into your new brokerage account.

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Step 4: Research Badger Meter stock

After you have selected the best place to buy Badger Meter stock, it's crucial to research their stock prior to investing, so you truly wrap your head around the risk as well as the upside.

Badger Meter Metrics

BMI Price
$161.81
1w %
1.74%
1y %
36.28%
5y %
191.71%
P/E
51.21x
P/B
9.2x
P/S
6.73x
PEG
30.85x
Revenue
$703.59M
Earnings
$92.60M
Fore. Rev. Growth
7.58%
Fore. Earn. Growth
1.66%
Market Cap
$4.75B
Next Earnings
Apr 18, 2024
Next Dividend
N/A

Fundamentals of Badger Meter

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on BMI's stock page.

Is BMI stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge BMI's intrinsic value.

Using relative valuations metrics:

  • BMI could be undervalued based on its P/E ratio of 51.21x, relative to Scientific & Technical Instruments industry P/E ratio of -6.86x
  • BMI could be overvalued based on its P/B ratio of 9.2x, relative to Scientific & Technical Instruments industry P/B ratio of 3.33x
  • BMI may be overvalued based on its PEG ratio of 30.85x

You can do more valuation analysis on BMI's stock here.

BMI Financial Health

Positive Health Checks:

  • BMI earnings of $121.97M is not enough to cover its interest payments.
  • BMI profit margin has gone up from 11.8% to 13.2% in the past year.
  • BMI's operating cash flow of $110.12M allows it to safely service it's debt of $0.00.
  • There are more short-term assets than long-term liabilities on the BMI balance sheet.
  • BMI has a low debt to equity ratio of 0.39.
  • There are more short-term assets than short-term liabilities on the BMI balance sheet.

Negative Health Checks:

  • Total BMI debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy Badger Meter stock

Out of 1 Wall Street analysts who research BMI, the consensus analyst rating on Badger Meter is a Hold

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Badger Meter stock forecast page.

BMI Momentum

SMA10
157.97
SMA20
158.55
SMA50
154.02
SMA100
152
SMA200
152.09
MACD
1.34
MACD Signal
1.14
MACD Histogram
0.2
RSI
61.05
Stochastic %K
68.34
Stochastic %D
61.54
StochRSI %K
73.93
StochRSI %D
60.71

BMI Growth Numbers

Last year, BMI earnings were $92.60M. In the past 5 year, BMI's earnings have grown by 26.91% per year. This was faster than the Scientific & Technical Instruments industry average of 7.28%.

Last year, BMI revenue was $703.59M. Over the past five year, BMI's revenue has gone up by 10.16% per year. This was faster than the Scientific & Technical Instruments industry average of 9.3%.

Dig into BMI's earnings and revenue performance here.

What are BMI executives and large shareholders up to?

Over the past 12 months, insiders at BMI have sold more shares than they have bought.

Karen M. Bauer, VP-IR Strategy Treasurer of BMI, was the latest BMI insider to sell. They sold $67,448.88 worth of BMI shares on Mar 6, 2024.

Learn more about who owns BMI stock here.

Does BMI provide a stable income stream?

Badger Meter pays a dividend of 0.64%, compared to the Scientific & Technical Instruments industry's average dividend yield of 0.73%. If you owned $1,000 of BMI stock, you would have been paid $6.40 in the past 12 months.

Badger Meter dividend payments have consistently grown over the past decade but have not remained stable.

Find more data about Badger Meter dividend yield and history here.

What do other investors have to say about BMI?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your BMI purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, use a limit order.

Hit the Open Trade button and eToro will place the order.

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Step 6: Keep an eye on your BMI investment

Now that you own some BMI shares, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to monitor your BMI stock.

BMI Feed

How to Buy Stock in Badger Meter

To summarize, here are the 6 steps to buy stock in Badger Meter:

  1. Decide where to buy Badger Meter stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Research Badger Meter stock
  5. Place your BMI purchase
  6. Keep an eye on your BMI investment

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Badger Meter, click below.

NYSE: BMI
$161.81+0.81 (+0.5%)
Updated Mar 28, 2024
Open eToro Account
NYSE: BMI
$161.81+0.81 (+0.5%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Badger Meter share?

As of Mar 28, 2024, it costs $161.81 to buy one share of Badger Meter stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.618 shares of BMI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Badger Meter stock?

According to 1 Wall Street analysts who monitor Badger Meter, their consensus recommendation is to hold Badger Meter stock.

What is the best way to buy Badger Meter stock?

One way to place an order for Badger Meter stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.