Badger Meter (BMI) Receives a Buy from Stifel Nicolaus

Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on Badger Meter yesterday and set a price target of $166.00.

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According to TipRanks, Jones is a top 25 analyst with an average return of 24.0% and a 76.65% success rate. Jones covers the Industrials sector, focusing on stocks such as Parker Hannifin, Lincoln Electric Holdings, and Ingersoll Rand.

In addition to Stifel Nicolaus, Badger Meter also received a Buy from TipRanks – DeepSeek’s DeepSeek Hardware Equipment and Parts in a report issued on February 23. However, on February 26, Barclays maintained a Sell rating on Badger Meter (NYSE: BMI).

Based on Badger Meter’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $220.71 million and a net profit of $33.58 million. In comparison, last year the company earned a revenue of $205.18 million and had a net profit of $30.72 million

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BMI in relation to earlier this year. Last month, Kenneth Bockhorst, the COB, Pres & CEO of BMI bought 3,300.00 shares for a total of $502,986.00.