Docoh
Loading...

BMI Badger Meter

Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serves water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation. Municipal water products comprises of water meters and related technologies to municipal water utilities. Flow Instrumentation products includes meters and valves sold worldwide to various industries for water and other fluids. The company was founded in 1905 and is headquartered in Milwaukee, WI.

Company profile

Ticker
BMI
Exchange
CEO
Kenneth Bockhorst
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
390143280

BMI stock data

(
)

Calendar

28 Apr 21
14 Jun 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 51.4M 51.4M 51.4M 51.4M 51.4M 51.4M
Cash burn (monthly) 6.96M 1.58M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 17.16M 3.9M n/a n/a n/a n/a
Cash remaining 34.24M 47.5M n/a n/a n/a n/a
Runway (months of cash) 4.9 30.0 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
3 May 21 Tellock Glen E Common Stock Grant Aquire A No No 92.4 635 58.67K 5,314
3 May 21 Stern James F Common Stock Grant Aquire A No No 92.4 635 58.67K 5,314
3 May 21 Myers Tessa M. Common Stock Grant Aquire A No No 92.4 635 58.67K 2,676
3 May 21 James W McGill Common Stock Grant Aquire A No No 92.4 635 58.67K 1,656
3 May 21 Lione Gail A Common Stock Grant Aquire A No No 92.4 635 58.67K 17,839

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

84.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 255 256 -0.4%
Opened positions 35 58 -39.7%
Closed positions 36 17 +111.8%
Increased positions 75 76 -1.3%
Reduced positions 106 86 +23.3%
13F shares
Current Prev Q Change
Total value 2.3B 2.4B -4.2%
Total shares 24.73M 25.54M -3.2%
Total puts 9.3K 6.5K +43.1%
Total calls 30.8K 34.1K -9.7%
Total put/call ratio 0.3 0.2 +58.4%
Largest owners
Shares Value Change
BLK Blackrock 4.94M $459.95M +4.6%
Vanguard 3.33M $310.03M +1.3%
STT State Street 1.54M $143.18M +61.3%
IPXAF Impax Asset Management 1.04M $96.24M -48.5%
JPM JPMorgan Chase & Co. 973.95K $90.65M +5.3%
IVZ Invesco 933.03K $86.84M -7.4%
Dimensional Fund Advisors 911.43K $84.83M -6.2%
Kayne Anderson Rudnick Investment Management 667.54K $62.13M +8.0%
Geode Capital Management 479.64K $44.64M +7.6%
GS Goldman Sachs 463.59K $43.15M +4.2%
Largest transactions
Shares Bought/sold Change
IPXAF Impax Asset Management 1.04M -978.21K -48.5%
STT State Street 1.54M +584.51K +61.3%
Norges Bank 0 -341.13K EXIT
BLK Blackrock 4.94M +216.65K +4.6%
Allianz Asset Management GmbH 391.8K +132.96K +51.4%
Millennium Management 119.39K +104.67K +711.3%
MNGPF Man 159.48K +96.35K +152.6%
Ergoteles 0 -81.7K EXIT
Arrowstreet Capital, Limited Partnership 75.09K -74.48K -49.8%
IVZ Invesco 933.03K -74.26K -7.4%

Financial report summary

?
Management Discussion
  • With more than a century of water technology innovation, Badger Meter is a global provider of industry leading water solutions encompassing flow measurement, quality and other system parameters.  These offerings provide customers with the data and analytics essential to optimize their operations and contribute to the sustainable use and protection of the world’s most precious resource.  The Company’s flow measurement products measure water and other fluids and are known for accuracy, long-lasting durability and for providing valuable and timely measurement data through various methods.  The Company’s water quality monitoring solutions include optical sensing and electrochemical instruments that provide real-time, on-demand data parameters. The Company’s product lines fall into two categories: sales of water meters, radios and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves and other products for industrial applications in water, wastewater, and other industries (flow instrumentation).  The Company estimates that approximately 90% of its products are used in water related applications.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: acquire, acquired, added, adding, agility, Analytical, Asia, assumed, ATi, augment, Austria, broader, century, chlorine, clean, climate, Collegeville, core, currency, cybersecurity, discharge, drove, electrochemical, encompassing, ensure, Excluding, expanded, flat, fully, GmbH, goodwill, headquartered, inclusion, incorporated, inflation, inhibit, input, intangible, integration, labor, leading, LLC, logistical, method, navigating, offer, offered, offering, online, optical, Pennsylvania, pH, political, preliminary, pressure, protect, protection, publicly, recycled, resin, resource, revise, safe, scope, sensing, sensor, shortage, skilled, sluggish, smarter, source, Southeast, successful, support, thereto, turbidity, Vienna
Removed: AB, achieve, actuarial, adverse, adversely, age, Aid, April, assessment, calendar, capability, carefully, carryback, cautioned, chemical, computation, conduct, conducting, constrained, contingent, debt, decline, deduction, deferment, delayed, depreciation, deterioration, discretionary, disruption, document, drawn, effect, effort, eligible, employee, employer, evaluating, exposure, expressed, external, Failure, financing, freeze, gas, globally, governmental, healthcare, hired, hiring, hold, hour, impacted, Inability, indefinite, inherent, innovator, launching, law, light, limit, lingering, located, mandated, medical, meeting, negative, noted, October, outbreak, outlined, Ownership, pay, payroll, pension, petrochemical, plan, planning, portion, postretirement, predicted, prevented, produced, pursuant, qualified, quickly, raw, recession, reclassified, reduced, reflect, refundable, registered, reliance, Relief, requested, response, resume, resumption, salary, Section, serving, set, spending, spreading, supplemental, technical, threat, transportation, travel, uncertain, undue, urged, volatility, workforce

Patents

APP
Utility
Ultrasonic Flow Meter Calibration System and Method
18 Feb 21
An ultrasonic flow meter configured to measure a flow within a conduit configured for autozeroing during active flow operation of the flow meter.
APP
Utility
Ultrasonic Flowmeter Element
9 Dec 20
A signal path definition element defining an ultrasonic signal path for ultrasonic signals transmitted and received by an ultrasonic flow meter is provided.
APP
Utility
System And Method For Utilizing District Metering Areas Based On Meter Designations
25 Nov 20
A computer implemented method implemented on a computer system includes non-transient memory storing instructions for configuring a plurality of district metering areas within a utility supply network.
APP
Utility
System And Method For Outdoor Leak Detection
11 Nov 20
A computer implemented method implemented on a computer system including non-transient memory storing instructions for identifying leak locations based on environmental includes tracking a utility supply usage environment in environmental imagery captured over a period of time, identifying changes in the environmental imagery indicative of a leak location, applying a property profile to the utility supply usage environment to generate leak location property data, identifying one or more flow measurement devices based on the leak location and leak location property data, and generating a leak notification based on the leak location in the environmental imagery, the property profile data and meter data from the identified one or more flow measurement devices
GRANT
Utility
System and method for correcting meter sizing
26 Oct 20
A computer implemented method for selecting an appropriately sized meter for use in a selected application implemented by a computer processor implementing instructions stored in a non-transient memory is described.