Badger Meter

Setback used, Q3 results depress the share price

First purchase💰📈

A pleasantly boring company for my buy & hold strategy - add to the portfolio and leave lassen👍🏻

On the side I build up the positions $5OGU and $IS3R (+0.55%) further, through individual purchases and savings plans.

Two shares in short check ⬇️

The first company we are talking about is Lindsay Corporation. $LNN (-0.97%)

What is Lindsay Corporation and what does it do?

Lindsay Corporation provides a variety of products and services in the areas of water management and road infrastructure. The company is engaged in the manufacture and sale of agricultural irrigation equipment.

In which segments does the company operate: 🤔

The company operates in two segments. The Irrigation segment involves the manufacture and sale of irrigation systems used primarily in agriculture to increase or stabilize crop production while conserving water, energy and labor. The segment also manufactures and sells repair and replacement parts for its irrigation systems and controls. The Infrastructure segment includes the manufacture and marketing of movable barriers, specialty barriers, impact pads and end pieces, road markings and road safety equipment, large diameter steel pipe, and railroad signals and structures. The segment also provides outsourced manufacturing and production services.

How many employees does the company have: 🙋🏽‍♂️🙋🏻‍♀️

The company currently employs around 1,300 people.

P/E RATIO:

Lindsay Corporation has a current P/E ratio of just under 23, which is in the mid-range.

Foundation: 🏦

Lindsay Corporation was founded in 1955.

Market capitalization:

Currently, Lindsay has a market capitalization of approximately 1.5 billion euros.

Dividend yield: 💰

The company pays its shareholders an annual dividend of around 0.95%. This is distributed 4 times a year. It is paid out in February, May, August and November.

Strengths of the share: 📈

• The average price target of analysts is relatively far from the current price, which suggests a potentially significant increase in value.
• The average price target of analysts following the stock has been revised upward significantly in the last four months.
• Predictability on the company's business activity is excellent. The analysts following the company are very close in their estimates of future sales growth. This low dispersion of estimates makes it possible to confirm both the good predictability of sales in the current year and in the following years.
• The company pays its shareholders a dividend of 0.95%.
• The company is not exactly expensively valued with a P/E ratio of 23

Weaknesses of the share: 📉

• According to analysts' estimates, the group belongs to the category of companies with the weakest growth prospects.

How does the share look chart-wise? (USD converted into euros) 📈📉

Chart-wise, the stock unfortunately doesn't look that great the last few months. In November 2022, the share had its high at 170.00€. This mark is now a resistance. After this zone was approached, it went downhill and the first support zone at 160.00 € was approached. However, this was also quickly broken through and now acts as a strong resistance. This has now been approached several times, but the share was sold off directly to this mark. A very important resistance is currently at just under 150 €. This has now also been approached several times, but not broken through. Important support zones are currently at just under 135.00 € and 133.00 €. Currently still holds the zone at 135.00 € but I am curious how long. Perhaps the share now also gets again aufwind and goes slowly back to resistance at 150.00 €.

As a second company I have chosen today Badger Meter. ⬇️ $BMI (-0.95%)

What is Badger Meter and what does it do?

Badger Meter is a manufacturer and marketer of products that include flow measurement, quality, control and other system solutions, serving markets worldwide. The company offers water solutions that include flow measurement, quality, and other system parameters. These offerings provide customers with the data and analytics to optimize their operations and contribute to sustainable use and protection of the resource. Its flow measurement products measure water and other fluids. Water quality monitoring solutions include optical sensors and electrochemical instruments that provide real-time and on-demand data parameters.

Badger Meter products: ⬇️

The company's products can be divided into two product lines: the sale of water meters, radios, software and related technologies, and water quality monitoring solutions to water utilities, and the sale of meters and other measuring instruments, valves, software and other solutions for industrial applications in the water, wastewater and other industries.

How many employees does the company have: 🙋🏽‍♂️🙋🏻‍♀️

Currently, Badger Meter has a total of approximately 200 employees.

Foundation:

Badger Meter was founded back in 1905 in Milwaukee, Wisconsin.

KGV:

The company is very highly valued in my opinion with a current P/E ratio of just under 47.

Market capitalization: 🏦

Currently, Badger Meter has a market capitalization of around 3.2 billion euros.

Dividend yield: 💰

The company also pays out a quarterly dividend yield of around 0.78% per share. This is paid out to shareholders in March, June, September and December.

Strengths of the share: 📈

• Badger Meter pays its shareholders a dividend of around 0.8% annually.
• Over the past four months, the average analyst price target has been revised upward significantly.
• Analysts' opinions have improved significantly in the last four months.

Weaknesses of the share: 📉

• The valuation level of the company is particularly high given the cash flow generated.
• In my opinion, the company is fairly highly valued with a P/E ratio of just under 47.

How does the stock look chart-wise? (USD converted into euros) 📈📉

Let's take a look at this company chart-wise as well. In recent weeks, the share has tried three times to get above the 116€ mark. Unfortunately, it did not succeed in doing so. There we have a very strong resistance. After the third attempt, the share was also sold off well at this price and has tried to form a first bottom at just under 110 €. Unfortunately, this did not succeed. Very important, this zone is now considered resistance. Now the next support zone is in sight. This lies at just under 105 €. If this does not hold and is also sustainably broken through, the next support zone is waiting. This would be at just under 100 €.

My conclusion: 📝

As always, I find both companies very exciting and I don't have either of them in my portfolio yet. Especially with Bager Meter, I am now looking closely at the zones and will possibly venture a short-term or long-term trade when the time comes.

Your opinion: ⬇️

Now I would like to hear your opinions on these two stocks in the comments.

What do you think of Lindsay Corporation and Badger Meter and did you already know these companies? 🧐

Do you guys have either or both of these stocks in your portfolio perhaps? 🤔

Feel free to let me know in the comments.

This is of course not investment advice but just my own opinion that I want to share with you! ⁉️