Badger Meter (NYSE:BMI) Stock

Badger Meter

Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Its product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.

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Have you been paying attention to shares of Badger Meter (NYSE: BMI)? Shares have been on the move with the stock up 6% over the past month. The stock hit a new 52-week high of $215.94 in the previous session.

Badger Meter, Inc. Hit a 52 Week High, Can the Run Continue?

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Paul Eitelman, chief investment strategist at Russell Investments, highlights small-cap sectors with potential amidst economic uncertainty.

EXCLUSIVE: Russell Strategist Uncovers Top Small-Cap Picks — Seizing Opportunities In A Low-Rate Environment

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Autodesk (NASDAQ: ADSK) reported second-quarter fiscal 2025 non-GAAP earnings of $2.15 per share, which beat the Zacks Consensus Estimate by 7.5% and improved 12.6% year over year.

Autodesk Q2 Earnings and Sales Surpass Estimates, Improve Y/Y

Badger Meter Inc

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BEACON MINERALS LTD by Beacon Minerals Ltd.

Maxim Group analyst Tate Sullivan maintains Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) with a Buy and raises the price target from $235 to $245.

Price Target

Maxim Group Maintains Buy on Badger Meter, Raises Price Target to $245

Stifel analyst Nathan Jones maintains Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) with a Hold and raises the price target from $208 to $209.

Stifel Maintains Hold on Badger Meter, Raises Price Target to $209

Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) announced its Q4 earnings on Friday, January 31, 2025 at 08:30 AM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
Badger Meter missed estimated earnings by -5.0%, reporting an EPS of $1.04 versus an estimate of $1.1.
Revenue was up $22.74 million from the same period last year.
<h3>Past Earnings Performance</h3>
The company missed on EPS by $0.03 in the last quarter, resulting in a 1.0% increase share price change the following day.
Here's a look at Badger Meter's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.11</td>
<td>1.03</td>
<td>0.82</td>
<td>0.82</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.08</td>
<td>1.12</td>
<td>0.99</td>
<td>0.84</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>212.15M</td>
<td>203.45M</td>
<td>182.26M</td>
<td>182.32M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>208.44M</td>
<td>216.66M</td>
<td>196.28M</td>
<td>182.44M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Badger Meter <a href="https://www.benzinga.com/quote/BMI/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Badger Meter Q4 Earnings Assessment

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.badgermeter.com%2F&amp;esheet=54196406&amp;newsitemid=20250131597165&amp;lan=en-US&amp;anchor=Badger+Meter%2C+Inc&amp;index=1&amp;md5=79e93767458d6c843ccfd9e98f9593ee">Badger Meter, Inc</a>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) today announced the acquisition of SmartCover&#xAE; Systems ("SmartCover") from XPV Water Partners, for $185 million. The transaction, funded with available cash, adds real-time monitoring of utility water collection systems, with a focus on sewer line and lift station monitoring, to the network monitoring applications already offered under Badger Meter's BlueEdge suite of water management solutions.

Badger Meter Snapped SmartCover Systems From XPV Water Partners For $185M

Earnings Misses

Badger Meter Q4 2024 GAAP EPS $1.04 Misses $1.09 Estimate, Sales $205.182M Beat $202.221M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Novartis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVS#NYSE">NVS</a>) is estimated to report quarterly earnings at $1.79 per share on revenue of $12.77 billion. 
• Zapp Electric Vehicles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) is projected to report earnings for its Fiscal Year 2024. 
• Dorian LPG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPG#NYSE">LPG</a>) is estimated to report quarterly earnings at $0.70 per share on revenue of $89.89 million. 
• Piper Sandler (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NYSE">PIPR</a>) is projected to report quarterly earnings at $3.96 per share on revenue of $452.49 million. 
• WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) is projected to report quarterly earnings at $0.18 per share on revenue of $111.06 million. 
• RBC Bearings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) is estimated to report quarterly earnings at $2.20 per share on revenue of $394.43 million. 
• OneMain Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMF#NYSE">OMF</a>) is projected to report quarterly earnings at $1.15 per share on revenue of $1.20 billion. 
• W.W. Grainger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) is likely to report quarterly earnings at $9.74 per share on revenue of $4.24 billion. 
• Virtus Inv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NYSE">VRTS</a>) is likely to report quarterly earnings at $7.66 per share on revenue of $214.69 million. 
• Eaton Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) is expected to report quarterly earnings at $2.82 per share on revenue of $6.36 billion. 
• Imperial Oil (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) is likely to report quarterly earnings at $2.02 per share on revenue of $13.18 billion. 
• First Hawaiian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHB#NASDAQ">FHB</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $203.83 million. 
• Broadridge Financial Soln (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BR#NYSE">BR</a>) is estimated to report quarterly earnings at $1.35 per share on revenue of $1.57 billion. 
• Vestis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSTS#NYSE">VSTS</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $688.89 million. 
• Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is expected to report quarterly earnings at $1.79 per share on revenue of $88.23 billion. 
• Revvity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVTY#NYSE">RVTY</a>) is expected to report quarterly earnings at $1.38 per share on revenue of $730.10 million. 
• Janus Henderson Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHG#NYSE">JHG</a>) is projected to report quarterly earnings at $0.97 per share on revenue of $683.02 million. 
• Church &amp; Dwight Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHD#NYSE">CHD</a>) is estimated to report quarterly earnings at $0.76 per share on revenue of $1.57 billion. 
• Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) is estimated to report quarterly earnings at $4.26 per share on revenue of $4.21 billion. 
• Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) is expected to report quarterly earnings at $1.07 per share on revenue of $201.60 million. 
• Franklin Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEN#NYSE">BEN</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $2.73 billion. 
• Autoliv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALV#NYSE">ALV</a>) is expected to report quarterly earnings at $2.85 per share on revenue of $2.73 billion. 
• LyondellBasell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $9.49 billion. 
• Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) is likely to report quarterly earnings at $0.94 per share on revenue of $35.07 billion. 
• Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is expected to report quarterly earnings at $2.40 per share on revenue of $48.68 billion. 
• Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) is estimated to report quarterly earnings at $9.18 per share on revenue of $13.89 billion. 
• Brookfield Business (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBUC#NYSE">BBUC</a>) is likely to report earnings for its fourth quarter. 
• Brookfield Bus Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBU#NYSE">BBU</a>) is estimated to report earnings for its fourth quarter. 
• Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEPC#NYSE">BEPC</a>) is likely to report quarterly loss at $0.36 per share on revenue of $2.01 billion. 
• Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEP#NYSE">BEP</a>) is expected to report quarterly loss at $0.35 per share on revenue of $1.53 billion. 
• ArcBest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCB#NASDAQ">ARCB</a>) is estimated to report quarterly earnings at $1.12 per share on revenue of $1.01 billion. 
• Gentex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $598.58 million. 
• AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) is estimated to report quarterly earnings at $2.98 per share on revenue of $14.81 billion. 
• Banco De Chile (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCH#NYSE">BCH</a>) is projected to report quarterly earnings at $0.53 per share on revenue of $804.00 billion. 
• Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) is expected to report quarterly earnings at $1.51 per share on revenue of $2.86 billion. 
• Colgate-Palmolive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) is likely to report quarterly earnings at $0.90 per share on revenue of $5.05 billion. 
<h3>Companies Reporting After The Bell</h3>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Janus Henderson Group plc Ordinary Shares

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Earnings Scheduled For January 31, 2025

Stifel analyst Nathan Jones maintains Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) with a Hold and raises the price target from $203 to $208.

Stifel Maintains Hold on Badger Meter, Raises Price Target to $208

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Next Technology Holding Inc. - Ordinary Shares

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Shares of companies within the broader technology sector are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

Baird analyst Robert Mason maintains Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) with a Neutral and raises the price target from $184 to $203.

Baird Maintains Neutral on Badger Meter, Raises Price Target to $203

Badger Meter shares are trading lower after the company reported worse-than-expected Q3 financial results.

Badger Meter Q3 2024 GAAP EPS $1.08 Misses $1.09 Estimate, Sales $208.438M Miss $212.150M Estimate

Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) is preparing to release its quarterly earnings on Thursday, 2024-10-17. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Badger Meter to report an earnings per share (EPS) of $1.11.
Badger Meter bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Earnings History Snapshot</h3>
The company's EPS beat by $0.09 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at Badger Meter's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.03</td>
<td>0.82</td>
<td>0.82</td>
<td>0.81</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.12</td>
<td>0.99</td>
<td>0.84</td>
<td>0.88</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>-1.0%</td>
<td>-6.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729090847_0.png" alt="eps graph" />
<h3>Market Performance of Badger Meter's Stock</h3>
Shares of Badger Meter were trading at $222.06 as of October 15. Over the last 52-week period, shares are up 59.04%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/BMI/earnings">To track all earnings releases for Badger Meter visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For Badger Meter

Stifel analyst Nathan Jones maintains Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) with a Hold and raises the price target from $189 to $203.

Stifel Maintains Hold on Badger Meter, Raises Price Target to $203

Have you been paying attention to shares of Badger Meter (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmi#NYSE">BMI</a>)? Shares have been on the move with the stock up 6% over the past month. The stock hit a new 52-week high of $215.94 in the previous session. Badger Meter has gained 38.4% since the start of the year compared to the 20.3% move for the Zacks Computer and Technology sector and the 11.1% return for the Zacks Instruments - Control industry.
<h2>What&#39;s Driving the Outperformance?</h2>
The stock has an impressive record of positive earnings surprises, as it hasn&#39;t missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 19, 2024, Badger Meter reported EPS of $1.12 versus consensus estimate of $0.98 while it beat the consensus revenue estimate by 7.86%.
For the current fiscal year, Badger Meter is expected to post earnings of $4.09 per share on $821.88 million in revenues. This represents a 30.25% change in EPS on a 16.81% change in revenues. For the next fiscal year, the company is expected to earn $4.66 per share on $891.5 million in revenues. This represents a year-over-year change of 13.92% and 8.47%, respectively.
<h2>Valuation Metrics</h2>
Badger Meter may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
Badger Meter has a Value Score of D. The stock&#39;s Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 52.3X current fiscal year EPS estimates, which is a premium to the peer industry average of 25.4X. On a trailing cash flow basis, the stock currently trades at 51.9X versus its peer group&#39;s average of 20.7X. Additionally, the stock has a PEG ratio of 2.92. This isn&#39;t enough to put the company in the top echelon of all stocks we cover from a value perspective.
<h2>Zacks Rank</h2>
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Badger Meter currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Badger Meter meets the list of requirements. Thus, it seems as though Badger Meter shares could have potential in the weeks and months to come.
<a href="https://www.zacks.com/stock/news/2337755/badger-meter-inc-bmi-hit-a-52-week-high-can-the-run-continue?cid=CS-BENZ-FT-52_week_high-2337755">To read this article on Zacks.com click here.</a>

Seaport Global analyst Scott Graham initiates coverage on Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) with a Buy rating and announces Price Target of $235.

Initiation

Seaport Global Initiates Coverage On Badger Meter with Buy Rating, Announces Price Target of $235

In a recent exclusive interview with Benzinga, Paul Eitelman, chief investment strategist for North America at Russell Investments, provided insights into the sectors of small-cap stocks that stand out <a href="https://www.benzinga.com/trading-ideas/small-cap-analysis">amidst economic uncertainty</a>.
While small-caps as a whole face some macroeconomic risks, Eitelman highlights several specific sectors that could offer substantial opportunities.
<h1 class="wp-block-heading">Where Small-Cap Managers Are Finding Opportunities</h1>
Eitelman notes that &#8220;dedicated small-cap managers are finding opportunities to tilt their portfolio strategies toward banks, technology and select highly indebted companies that are likely to benefit from lower interest rates going forward.&#8221; These sectors are positioned to thrive, especially as interest rates begin to decline.
Technology continues to dominate market discussions, and small-cap tech companies could be key beneficiaries of economic shifts, particularly those aligned with innovative growth areas like AI and data services.
The Russell 2000 index is one of the more popular indices tracking small cap U.S. equity. ETFs that track this index include the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), the Vanguard Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTWO#NYSE">VTWO</a>) and the Avantis US Small Cap Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVSC#NYSE">AVSC</a>). The Invesco S&amp;P SmallCap Information Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSCT#NYSE">PSCT</a>) is a lesser-known but technology-focused ETF tracking small cap companies. The top 3 holdings of this ETF are Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>), SPS Commerce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>) and Badger Meter Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>).
Read Also: <a href="https://www.benzinga.com/news/24/08/40423157/small-cap-ai-stocks-on-the-rise-3-hidden-gems-you-shouldnt-miss">Small-Cap AI Stocks On The Rise: 3 Hidden Gems You Shouldn&#8217;t Miss</a>
<h1 class="wp-block-heading">Stock Selection: Primary Driver Of Risk, Return</h1>
However, Eitelman cautions that given the high macroeconomic uncertainty, broad sector bets are risky. He recommends a more refined approach: "Our preference into high macro uncertainty is to target only modest sector tilts and let stock selection shine as the primary driver of risk and return."
This focus on stock selection over aggressive sector rotation makes sense in an environment where not all companies are equally positioned to navigate fluctuating interest rates or economic slowdowns. 
Banks, for example, are likely to benefit from a soft landing scenario, while indebted companies could see relief as rates fall. Tech remains a favorite sector due to its long-term growth prospects, even amid near-term uncertainty.
Overall, Eitelman's strategy emphasizes precision and caution, advising investors to prioritize stock-picking and avoid broad over-exposure in the small-cap space.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40749609/this-small-cap-top-pick-is-positioned-for-strong-gains-jpmorgan-sees-over-50-upside">This Small Cap &#8216;Top Pick&#8217; Is Positioned For Strong Gains, JPMorgan Sees Over 50% Upside</a></li>
</ul>
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Get exclusive access to CEO presentations, 1:1 meetings with investors, and valuable insights from top financial experts. Whether you&#8217;re a trader, entrepreneur, or investor, this event offers unparalleled opportunities to grow your portfolio and network with industry leaders.
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Photo: Borka Kiss via Shutterstock

Autodesk (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adsk#NASDAQ">ADSK</a>) reported second-quarter fiscal 2025 non-GAAP earnings of $2.15 per share, which beat the Zacks Consensus Estimate by 7.5% and improved 12.6% year over year.
The company reported revenues of $1.5 billion, which beat the consensus mark by 1.54%. The figure grew 11.9% year over year. The company generated broad-based growth across products and regions in AEC and manufacturing, which was partly offset by softness in media and entertainment, primarily due to the lingering effects of the Hollywood strike.
<div class="chart_embed">
<h2>Autodesk, Inc. Price, Consensus and EPS Surprise</h2>
<img alt="Autodesk, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/e0/1725018942.png" style="height:310px; width:620px" title="" />
Autodesk, Inc. price-consensus-eps-surprise-chart | Autodesk, Inc. Quote
</div>
<h2>Top-Line Details of ADSK</h2>
Autodesk&#39;s subscription revenues (93.6% of total revenues) increased 10.9% year over year to $1.4 billion. Maintenance revenues (0.7% of total revenues) declined 21.4% from the year-ago quarter to $11 million. Other revenues (5.7% of total revenues) increased 41% to $86 million in the reported quarter.
Recurring revenues contributed 97% to Autodesk&#39;s second-quarter fiscal 2025 revenues. The net revenue retention rate was within the company&#39;s 100-110% targeted range, on a constant currency basis.
Region-wise, revenues from the Americas (44% of revenues) increased 12.4% from the year-ago quarter&#39;s levels to $662 million. Revenues from the EMEA, which accounted for 37.9% of revenues, climbed 12.6% to $570 million. Revenues from the Asia-Pacific (18.1% of revenues) increased 9.2% to $273 million.
Billings of $1.24 billion increased 13% year over year in the reported quarter.
<h2>Product Top-Line Details</h2>
Autodesk offers primarily four product families &mdash; Architecture, Engineering and Construction, AutoCAD and AutoCAD LT, Manufacturing and Media and Entertainment (M&amp;E).
AEC (47.4% of revenues) revenues increased 13.7% year over year to $713 million. AutoCAD and AutoCAD LT (25.8% of revenues) revenues rose 6.9% to $389 million. MFG (19.7% of revenues) revenues increased 15.6% to $296 million. M&amp;E (5.1% of revenues) revenues increased 4.1% to $77 million.
<h2>Operating Results</h2>
Autodesk reported a non-GAAP operating income of $560 million, up 14.5% year over year.
The non-GAAP operating margin was 37%, up 1 percentage point.
<h2>Balance Sheet &amp; Cash Flow</h2>
As of July 31, 2024, Autodesk had cash and cash equivalents (including marketable securities) of $1.87 billion compared with $1.99 billion as of April 30, 2024.
Deferred revenues decreased 13% to $3.69 billion. Unbilled deferred revenues were $2.17 billion, representing an increase of $1.18 billion compared with the year-ago quarter. Remaining performance obligations (RPO) increased 12% to $5.86 billion. Current RPO increased 11% to $3.9 billion.
Cash flow from operating activities was $212 million, representing an increase of $77 million compared with the year-ago quarter. Free cash flow was $203 million, reflecting an increase of $75 million compared with the second quarter of fiscal 2024.
<h2>Fiscal 2025 Guidance</h2>
Autodesk projects fiscal 2025 revenues between $6.08 billion and $6.13 billion, indicating approximately 11% growth. Billings are estimated in the $5.88-$5.98 billion band, suggesting an increase of 13-15% year over year.
Non-GAAP earnings per share are expected between $8.18 and $8.31. ADSK expects a non-GAAP operating margin between 35% and 36% year over year.
Free cash flow is anticipated in the $1.45-$1.5 billion band.
For the third quarter of fiscal 2025, Autodesk expects revenues between $1.555 billion and $1.57 billion. Non-GAAP earnings are anticipated in the range of $2.08-$2.14 per share.
<h2>Zacks Rank &amp; Key Picks</h2>
Autodesk carries a Zacks Rank #3 (Hold) at present. Shares of ADSK have returned 6.1% year to date.
Some better-ranked stocks from the broader Computer and Technology sector are Arista Networks (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>), Badger Meter (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmi#NYSE">BMI</a>) and Audioeye (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aeye#NASDAQ">AEYE</a>), each sporting a Zacks Rank #1 (Strong Buy) at present.
Arista Networks&#39; shares have rallied 46.8% in the year-to-date period. The long-term earnings growth rate for ANET is anticipated to be 17.2%.
Badger Meter&#39;s shares have gained 32.5% in the year-to-date period. The long-term earnings growth rate for BMI is projected at 17.91%.
Shares of Audioeye have surged 342.6% in the year-to-date period. The long-term earnings growth rate for AEYE is expected to be 25%.
<a href="https://www.zacks.com/stock/news/2329679/autodesk-q2-earnings-and-sales-surpass-estimates-improve-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2329679">To read this article on Zacks.com click here.</a>

Nutanix (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntnx#NASDAQ">NTNX</a>) reported fourth-quarter fiscal 2024 non-GAAP earnings of 27 cents per share, which surpassed the Zacks Consensus Estimate by 35% and increased 12.5% year over year.
Nutanix&#39;s revenues climbed 11% year over year to $548 million, beating the Zacks Consensus Estimate by 2.02% and the guided range of $530-$540 million.
The top line was primarily driven by growth in NTNX&#39;s core hyper-converged infrastructure software and the solid adoption of its new capabilities. Nutanix continues to witness a strong adoption of its hybrid multi-cloud solutions across Fortune 100 and Global 2000 companies.
NTNX noted that the average contract term length in the fiscal fourth quarter was 3.1 years, 0.1 years higher than the fiscal third quarter.
During the fiscal fourth quarter, Nutanix&#39;s Annual Contract Value (ACV) billings jumped 21% to $338 million, which was above the guided range of $295-$305 million.
<div class="chart_embed">
<h2>Nutanix Price, Consensus and EPS Surprise</h2>
<img alt="Nutanix Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/78/1724929813.png" style="height:310px; width:620px" title="" />
Nutanix price-consensus-eps-surprise-chart | Nutanix Quote
</div>
<h2>Top-Line Details of NTNX</h2>
Product revenues (48.5% of total revenues) increased 10.6% year over year to $265.9 million. Support, entitlements &amp; other services revenues (51.5% of total revenues) rose 11.2% to $282.05 million.
Subscription revenues (94.7% of total revenues) climbed 12.9% from the year-ago quarter&#39;s figure to $518.7 million. Professional services revenues (4.9% of total revenues) improved 11.4% to $26.7 million. Other non-subscription product revenues (0.5% of total revenues) decreased 76.8% to $2.49 million.
Billings were up 23.5% year over year to $672.86 million. Annual recurring revenues climbed 22% to $1.91 billion.
During the fiscal fourth quarter, Nutanix added 670 customers, taking the total number of clients to 26,530.
The company&#39;s largest win in the fiscal fourth quarter was a multimillion-dollar ACV deal with a North American-based Fortune 100 financial services company, which replaced its existing solution with the Nutanix Cloud platform, including AHV hypervisor as well as Nutanix cloud manager.
<h2>Operating Details</h2>
In the fiscal fourth quarter, Nutanix&#39;s non-GAAP gross margin expanded 110 basis points year over year to 86.9%.
Non-GAAP operating expenses increased 12% year over year to $405.5 million.
Non-GAAP operating income came in at $70.5 million compared with $63.3 million reported in the year-ago quarter.
<h2>Balance Sheet &amp; Cash Flow</h2>
As of July 31, 2024, cash and cash equivalents plus short-term investments were $994.3 million, down from $1.44 billion at the end of the third quarter of fiscal 2024.
During the fourth quarter of fiscal 2024, cash generated through operating activities was $244.7 million and free cash flow was $224.3 million.
<h2>Outlook</h2>
For the first quarter of fiscal 2025, revenues are estimated between $565 million and $575 million.&nbsp; Non-GAAP operating margin is expected in the band of 14.5-15.5%. The company expects fully diluted weighted average shares outstanding of approximately 287 million shares.
For fiscal 2025, revenues are estimated in the range of $2.435-$2.465 billion, indicating year-over-year growth of 14% at the midpoint. The company expects free cash flow in the range of $540-$600 million, suggesting a free cash flow margin of 23% at the midpoint.
Non-GAAP operating margin is expected in the band of 15.5-17%.
<h2>Zacks Rank &amp; Key Picks</h2>
Nutanix carries a Zacks Rank #3 (Hold) at present.
Some better-ranked stocks from the broader Computer and Technology sector are Arista Networks, Badger Meter (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmi#NYSE">BMI</a>) and Audioeye (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aeye#NASDAQ">AEYE</a>), each sporting a Zacks Rank #1 (Strong Buy) at present.
Arista Networks&#39; shares have rallied 46.8% in the year-to-date period. The long-term earnings growth rate for ANET is anticipated to be 17.2%.
Badger Meter&#39;s shares have gained 32.5% in the year-to-date period. The long-term earnings growth rate for BMI is projected at 17.91%.
Shares of Audioeye have surged 342.6% in the year-to-date period. The long-term earnings growth rate for AEYE is expected to be 25%.
<a href="https://www.zacks.com/stock/news/2328935/nutanix-q4-earnings-surpass-estimates-revenues-increase-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2328935">To read this article on Zacks.com click here.</a>

NTNX

Nutanix Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

GoDaddy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gddy#NYSE">GDDY</a>) is expanding its footprint in the digital marketing space with the launch of its all-in-one Digital Marketing product. The tool is designed to empower small business owners by simplifying and enhancing their online marketing activities.
Recognizing challenges that entrepreneurs face, such as limited time, budget and expertise, GoDaddy&#39;s new offering integrates essential tools like Search Engine Optimization (SEO), social media and email marketing into a single platform.
The latest launch enables businesses to manage their marketing strategies more efficiently and effectively, regardless of where their website is hosted.
With advanced AI-powered features, including customizable content creation, digital ads and a unified inbox for streamlined communication, GoDaddy Digital Marketing provides a comprehensive solution for small businesses aiming to grow and thrive in the competitive digital landscape.
<div class="chart_embed">
<h3>GoDaddy Inc. Price and Consensus</h3>
<img alt="GoDaddy Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/4f/1724254030.png" style="height:281px; width:620px" title="" />
GoDaddy Inc. price-consensus-chart | GoDaddy Inc. Quote
</div>
<h3>GoDaddy&#39;s Strong Portfolio Aids Prospect</h3>
The latest move will solidify GDDY&#39;s presence by offering an all-in-one digital marketing solution that simplifies and enhances small business marketing efforts.
Per a Mordor Intelligence report, the digital market is expected to be valued at USD 1.38 trillion in 2024. It is projected to reach USD 3.62 trillion by 2029, exhibiting a CAGR of 21.32% between 2024 and 2029.
Strong momentum in the promising digital market is expected to instill investor optimism in the stock.
GDDY&#39;s focus on small businesses and expanding clientele has been a major growth driver.
In the second quarter of 2024, the company launched the Digital Marketing Suite, a new customer onboarding path offering personalized marketing tools and content on a single dashboard to help users build their brand, generate leads and grow their businesses, even without a website.
In May, the company expanded its Small Business GenAI Prompt Library, offering more than 185 updated prompts and new capabilities to support small business owners globally.
GoDaddy also introduced the Smart Terminal Flex in April, a compact and versatile Point of Sale terminal designed to improve efficiency for small businesses through modern features and seamless integration across various sales channels.
GDDY&#39;s efforts are expected to help it acquire numerous small businesses as customers, which, in turn, will drive its top-line growth in the days ahead.
GoDaddy expects third-quarter 2024 revenues in the band of $1.13-$1.15 billion, indicating year-over-year growth of 7% at the mid-point. The Zacks Consensus Estimate for the same is pegged at $1.14 billion, suggesting a rise of 6.83%.
The consensus mark for earnings is pegged at $1.25 per share, up by a penny in the past 30 days. The projection suggests a 40.45% year-over-year growth.
<h3>Zacks Rank &amp; Other Stocks to Consider</h3>
Currently, GoDaddy carries a Zacks Rank #2 (Buy).
The stock has surged 53.5% against the Zacks Computer and Technology sector&#39;s growth of 22.5% in the year-to-date period.
Some other top-ranked stocks in the broader technology sector are Arista Networks (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>), Badger Meter (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmi#NYSE">BMI</a>) and Daktronics (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dakt#NASDAQ">DAKT</a>), each sporting a Zacks Rank #1(Strong Buy) at present.
Arista Networks&#39; shares have appreciated 50.2% in the year-to-date period. The long-term earnings growth rate for ANET is pegged at 17.20%.&nbsp;
Badger Meter&#39;s shares have gained 30.5% in the year-to-date period. The long-term earnings growth rate for BMI is pegged at 17.91%.
Shares of Daktronics have surged 79.3% in the year-to-date period. The long-term earnings growth rate for DAKT is pegged at 30%.
<a href="https://www.zacks.com/stock/news/2325270/godaddy-gddy-aids-small-business-marketing-in-digital-sector?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2325270">To read this article on Zacks.com click here.</a>

DAKT

GDDY

GoDaddy Aids Small Business Marketing in Digital Sector

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market&#39;s attention and deliver solid returns. But finding a great growth stock is not easy at all.
That&#39;s because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, it&#39;s pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score, which looks beyond the traditional growth attributes to analyze a company&#39;s real growth prospects.
Badger Meter (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmi#NYSE">BMI</a>) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
Here are three of the most important factors that make the stock of this manufacturer of products that measure gas and water flow a great growth pick right now.
<h2>Earnings Growth</h2>
Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Badger Meter is 19.1%, investors should actually focus on the projected growth. The company&#39;s EPS is expected to grow 29.2% this year, crushing the industry average, which calls for EPS growth of 17.4%.
<h2>Cash Flow Growth</h2>
Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That&#39;s because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.
Right now, year-over-year cash flow growth for Badger Meter is 30.2%, which is higher than many of its peers. In fact, the rate compares to the industry average of 25.6%.
While investors should actually consider the current cash flow growth, it&#39;s worth taking a look at the historical rate too for putting the current reading into proper perspective. The company&#39;s annualized cash flow growth rate has been 11.8% over the past 3-5 years versus the industry average of 9.1%.
<h2>Promising Earnings Estimate Revisions</h2>
Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Badger Meter. The Zacks Consensus Estimate for the current year has surged 3% over the past month.
<h2>Bottom Line</h2>
Badger Meter has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #1 because of the positive earnings estimate revisions.
This combination indicates that Badger Meter is a potential outperformer and a solid choice for growth investors.
<a href="https://www.zacks.com/stock/news/2323989/3-reasons-why-growth-investors-shouldn-t-overlook-badger-meter-bmi?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_11_growth-2323989">To read this article on Zacks.com click here.</a>

3 Reasons Why Growth Investors Shouldn't Overlook Badger Meter

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