Badger Meter Inc. is an AMEX listed security that has been trading in a range between $20.55 and $31.91 over the past year. With 14,227,790 shares outstanding, a recent price of $31.02 gives a total market capitalization of $430,390,648. While there are certainly larger companies, Badger Meter Inc. has definitely earned its place in the pack. Last year, Badger Meter Inc. created $0.41 in earnings for every share outstanding.
Badger Meter Inc. is currently priced by the market at 31.60 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, Badger Meter Inc. could be an interesting value proposition.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment