Jefferies has initiated coverage on Badger Meter Inc (BMI) with a Buy rating, marking the firm's first assessment of the company. Badger Meter, based in Milwaukee, Wisconsin, engages in the provision of flow measurement, control products, and communications solutions tailored for water utilities, municipalities, and various commercial and industrial customers worldwide. The company employs 2,210 full-time staff and offers a suite of solutions under the BlueEdge brand, which integrates water management technology with software and support services.
As of December 11, 2025, Badger Meter's stock is priced at $183.19, with a market capitalization of $5.4 billion and a P/E ratio of 38.62. The company reported an EPS of 4.69 and boasts a dividend yield of 90.2%. Upcoming earnings are anticipated on July 20, 2026, with an estimated EPS of $1.39 and revenue of $261.8 million.
Analyst ratings and price targets serve as professional opinions based on research and financial models. While they can offer valuable insights, they are based on assumptions that may not materialise as expected. Investment decisions should take into account a range of factors, including company fundamentals and industry trends. Analyst views should be considered as one of many inputs in the investment decision-making process.
The recent consensus among analysts indicates a Buy rating, with 3 Strong Buy, 6 Buy, and 6 Hold ratings. Notably, Jefferies' initiation comes after several recent actions, including an upgrade by Stifel to Buy from Hold on October 22, 2025. Analyst opinions can evolve as new information becomes available, reflecting the dynamic nature of market assessments.