Badger Meter Stock Piotroski F Score
BMI Stock | USD 154.40 0.56 0.36% |
Badger | Piotroski F Score |
At this time, it appears that Badger Meter's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets | Positive | Focus |
Change in Return on Assets | Increased | Focus |
Cash Flow Return on Assets | Positive | Focus |
Current Quality of Earnings (accrual) | Improving | Focus |
Asset Turnover Growth | Increase | Focus |
Current Ratio Change | Decrease | Focus |
Long Term Debt Over Assets Change | N/A | Focus |
Change In Outstending Shares | Increase | Focus |
Change in Gross Margin | Increase | Focus |
Badger Meter Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Badger Meter is to make sure Badger is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Badger Meter's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Badger Meter's financial numbers are properly reported.
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Return On Assets | 0.14 | 0.1292 |
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Asset Turnover | 1.5 | 0.9814 |
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Gross Profit Margin | 0.42 | 0.3929 |
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Total Current Liabilities | 138.5 M | 131.9 M |
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Non Current Liabilities Total | 71.9 M | 68.5 M |
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Total Assets | 752.8 M | 716.9 M |
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Total Current Assets | 464.3 M | 442.2 M |
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Total Cash From Operating Activities | 115.6 M | 110.1 M |
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Badger Meter F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Badger Meter's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Badger Meter in a much-optimized way.
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About Badger Meter Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.Common Stock Shares Outstanding |
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About Badger Meter Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Badger Meter's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Badger Meter using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Badger Meter based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. Badger Meter, Inc. was incorporated in 1905 and is headquartered in Milwaukee, Wisconsin. Badger Meter operates under Scientific Technical Instruments classification in the United States and is traded on New York Stock Exchange. It employs 1837 people.
Badger Meter Investors Sentiment
The influence of Badger Meter's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Badger. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Badger Meter's public news can be used to forecast risks associated with an investment in Badger. The trend in average sentiment can be used to explain how an investor holding Badger can time the market purely based on public headlines and social activities around Badger Meter. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Badger Meter's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Badger Meter's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Badger Meter's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Badger Meter.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Badger Meter in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Badger Meter's short interest history, or implied volatility extrapolated from Badger Meter options trading.
Pair Trading with Badger Meter
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Badger Meter position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Badger Meter will appreciate offsetting losses from the drop in the long position's value.Moving against Badger Stock
0.53 | FCUV | Focus Universal Report 29th of March 2024 | PairCorr |
The ability to find closely correlated positions to Badger Meter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Badger Meter when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Badger Meter - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Badger Meter to buy it.
The correlation of Badger Meter is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Badger Meter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Badger Meter moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Badger Meter can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Badger Meter Altman Z Score, Badger Meter Correlation, Badger Meter Valuation, as well as analyze Badger Meter Alpha and Beta and Badger Meter Hype Analysis. For more detail on how to invest in Badger Stock please use our How to Invest in Badger Meter guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Badger Stock analysis
When running Badger Meter's price analysis, check to measure Badger Meter's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Badger Meter is operating at the current time. Most of Badger Meter's value examination focuses on studying past and present price action to predict the probability of Badger Meter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Badger Meter's price. Additionally, you may evaluate how the addition of Badger Meter to your portfolios can decrease your overall portfolio volatility.
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Is Badger Meter's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Badger Meter. If investors know Badger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Badger Meter listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.424 | Dividend Share 0.99 | Earnings Share 3.14 | Revenue Per Share 24.026 | Quarterly Revenue Growth 0.238 |
The market value of Badger Meter is measured differently than its book value, which is the value of Badger that is recorded on the company's balance sheet. Investors also form their own opinion of Badger Meter's value that differs from its market value or its book value, called intrinsic value, which is Badger Meter's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Badger Meter's market value can be influenced by many factors that don't directly affect Badger Meter's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Badger Meter's value and its price as these two are different measures arrived at by different means. Investors typically determine if Badger Meter is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Badger Meter's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.