1 Overlooked ETF to Invest in Small-Cap Tech Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 23 2024
0mins
Should l Buy BMI?
Source: NASDAQ.COM
Small-Cap Stocks Surge: Small-cap stocks, particularly represented by the Russell 2000 Index, have gained over 10% year-to-date due to rising expectations for an interest rate cut by the Federal Reserve, attracting investors seeking alternatives to high-valued mega-cap tech stocks.
Invesco S&P SmallCap Information Technology ETF (PSCT): The PSCT ETF focuses on small-cap tech companies and has shown potential for growth despite recent underperformance compared to larger indices; it offers a unique investment opportunity in the burgeoning small-cap tech sector with a competitive expense ratio.
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Analyst Views on BMI
Wall Street analysts forecast BMI stock price to rise
7 Analyst Rating
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 157.020
Low
157.00
Averages
214.86
High
243.00
Current: 157.020
Low
157.00
Averages
214.86
High
243.00
About BMI
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its offerings, marketed as BlueEdge, include a suite of tailorable solutions that connect water management technology, software and support services to deliver insights enabling the proactive management of water across the water cycle. Its solutions include measurement and control hardware, connectivity and communication, data visualization and software-delivered actionable insights, and ongoing support to optimize customers' operations. Its measurement and control hardware, instruments and sensors include product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions including the ORION branded family of radio endpoints.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Badger Meter to Announce Q1 Earnings on April 17
- Earnings Announcement Schedule: Badger Meter (BMI) is set to announce its Q1 2023 earnings on April 17 before market open, with consensus EPS estimate at $1.22, reflecting a 6.2% year-over-year decline, and revenue estimate at $230.88 million, indicating a 3.9% year-over-year increase, which will provide crucial performance insights for investors.
- Historical Performance Review: Over the past two years, BMI has surpassed EPS estimates 75% of the time and revenue estimates 88% of the time, indicating a level of stability and reliability in financial performance that may bolster investor confidence.
- Expectation Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates, with 7 downward adjustments, while revenue estimates also saw no upward revisions and 5 downward adjustments, reflecting a cautious market outlook on the company's future performance that investors should monitor closely.
- Shareholder Return Plan: Badger Meter has declared a $0.40 per share dividend and expanded its share buyback program by $75 million, which not only demonstrates confidence in future cash flows but also enhances long-term shareholder returns, potentially increasing the attractiveness of its stock in the market.
See More
Badger Meter Stock Fluctuates Ahead of Earnings Report
- Stock Movement: Badger Meter (BMI) closed at $151.93, down 2.25% from the previous session, underperforming the S&P 500's gain of 0.08%, indicating market caution regarding its short-term performance.
- Earnings Expectations: The company is set to report earnings on April 17, 2026, with projected EPS of $1.22, reflecting a 6.15% decrease year-over-year, while revenue is expected to be $231.56 million, up 4.21%, suggesting some growth potential amid challenges.
- Analyst Optimism: The Zacks Consensus estimates forecast annual EPS of $5.04 and revenue of $966.41 million, indicating increases of 5.22% and 5.43% respectively compared to last year, reflecting analysts' positive outlook on the company's profitability.
- Valuation Analysis: Badger Meter currently trades at a Forward P/E ratio of 30.82, significantly above the industry average of 26.63, with a PEG ratio of 2.49, suggesting high market expectations for future growth, although this also implies higher investment risks.
See More
Nordson and Badger Meter's Dividend Growth
- Dividend Growth Performance: Nordson has raised its dividend for 62 consecutive years, with a 5% increase in 2025, making it a Dividend King with a current yield of 1.22%; Badger Meter has increased its dividend for 33 years, with a 17.6% rise in 2025 and a yield of 1.01%, showcasing both companies' strong capabilities in stable income growth.
- Strong Performance: In Q1 2026, Nordson achieved record revenue of $669 million, up 9% year-over-year, with EPS rising 44% to $2.38, primarily driven by a 23% sales increase in its advanced technology solutions segment, reflecting robust demand in high-tech applications.
- Optimistic Market Outlook: Nordson raised its annual revenue guidance to $2.86 billion to $2.98 billion, a 4.6% increase at the midpoint over 2025, with adjusted EPS expected between $11 and $11.60, up 10.3%, indicating the company's confidence in future performance.
- Growth Drivers for Badger Meter: Badger Meter reported 2025 sales of $916.7 million, an 11% increase, with SaaS sales growing 27% and an additional $40 million in revenue from the SmartCover acquisition, demonstrating its technological transformation and market adaptability in water resource management.
See More
Nordson and Badger Meter: Stability and Growth in Dividends
- Stable Dividend Growth: Nordson has increased its dividend for 62 consecutive years, with a 5% increase in 2025, making it a Dividend King with a current yield of 1.22%; Badger Meter has raised its dividend for 33 years, including a 17.6% increase in 2025, with a yield of 1.01%, showcasing strong dividend growth from both companies.
- Strong Financial Performance: In Q1 2026, Nordson reported record revenue of $669 million, up 9% year-over-year, with earnings per share (EPS) rising 44% to $2.38, driven by a 23% sales increase in its advanced technology solutions segment, indicating robust demand in high-tech applications.
- Upgraded Guidance: Nordson raised its annual revenue guidance to between $2.86 billion and $2.98 billion for 2026, reflecting a 4.6% increase at the midpoint over 2025, with adjusted EPS expected between $11 and $11.60, up 10.3%, demonstrating confidence in future growth.
- Acquisition-Driven Growth: Badger Meter achieved sales of $916.7 million in 2025, an 11% increase, with SaaS sales growing by 27%, and the acquisition of SmartCover contributing $40 million in revenue, highlighting its strategic pivot towards technology in water management.
See More
Badger Meter Reports Weak Earnings Amid Industry Growth
- Earnings Report: Badger Meter reported revenues of $220.7 million, reflecting a year-over-year increase of 7.6%, yet it fell short of analysts' expectations by 4.9%, indicating a relatively weak performance within the industry.
- Stock Reaction: Following the disappointing earnings report, Badger Meter's stock has declined by 4.7%, currently trading at $156.75, which reflects market concerns regarding its future growth prospects.
- Industry Comparison: Among the inspection instruments sector, Badger Meter exhibited the weakest performance, while peers like Keysight and Viavi Solutions achieved revenue growth of 23.3% and 36.4%, respectively, highlighting significant disparities within the industry.
- Market Trends: Although the overall inspection instruments sector reported revenues exceeding analysts' expectations by 0.9%, Badger Meter's underperformance may undermine investor confidence in its future results, particularly against the backdrop of economic cycle fluctuations.
See More
Badger Meter Schedules Q1 2026 Earnings Release and Conference Call
- Earnings Release Schedule: Badger Meter will issue its Q1 2026 earnings report before the market opens on April 17, 2026, reflecting the company's ongoing commitment to transparency and shareholder communication.
- Conference Call Timing: Following the earnings release, the company will host a conference call at 10:00 AM CT, providing investors with a direct opportunity to interact with management, thereby enhancing investor confidence.
- Webcast Availability: The call will be accessible via a live webcast from the Events & Presentations section of the company's investor relations website, ensuring that all stakeholders can obtain key information in real-time, thus improving information accessibility.
- Long-term Support Commitment: Badger Meter's BlueEdge® solutions showcase its century-long innovation in water management technology, emphasizing the company's leadership in sustainable resource use and protection within the industry.
See More
Badger Meter to Announce Q1 Earnings on April 17
- Earnings Announcement Schedule: Badger Meter (BMI) is set to announce its Q1 2023 earnings on April 17 before market open, with consensus EPS estimate at $1.22, reflecting a 6.2% year-over-year decline, and revenue estimate at $230.88 million, indicating a 3.9% year-over-year increase, which will provide crucial performance insights for investors.
- Historical Performance Review: Over the past two years, BMI has surpassed EPS estimates 75% of the time and revenue estimates 88% of the time, indicating a level of stability and reliability in financial performance that may bolster investor confidence.
- Expectation Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates, with 7 downward adjustments, while revenue estimates also saw no upward revisions and 5 downward adjustments, reflecting a cautious market outlook on the company's future performance that investors should monitor closely.
- Shareholder Return Plan: Badger Meter has declared a $0.40 per share dividend and expanded its share buyback program by $75 million, which not only demonstrates confidence in future cash flows but also enhances long-term shareholder returns, potentially increasing the attractiveness of its stock in the market.
See More
Badger Meter Stock Fluctuates Ahead of Earnings Report
- Stock Movement: Badger Meter (BMI) closed at $151.93, down 2.25% from the previous session, underperforming the S&P 500's gain of 0.08%, indicating market caution regarding its short-term performance.
- Earnings Expectations: The company is set to report earnings on April 17, 2026, with projected EPS of $1.22, reflecting a 6.15% decrease year-over-year, while revenue is expected to be $231.56 million, up 4.21%, suggesting some growth potential amid challenges.
- Analyst Optimism: The Zacks Consensus estimates forecast annual EPS of $5.04 and revenue of $966.41 million, indicating increases of 5.22% and 5.43% respectively compared to last year, reflecting analysts' positive outlook on the company's profitability.
- Valuation Analysis: Badger Meter currently trades at a Forward P/E ratio of 30.82, significantly above the industry average of 26.63, with a PEG ratio of 2.49, suggesting high market expectations for future growth, although this also implies higher investment risks.
See More
Nordson and Badger Meter's Dividend Growth
- Dividend Growth Performance: Nordson has raised its dividend for 62 consecutive years, with a 5% increase in 2025, making it a Dividend King with a current yield of 1.22%; Badger Meter has increased its dividend for 33 years, with a 17.6% rise in 2025 and a yield of 1.01%, showcasing both companies' strong capabilities in stable income growth.
- Strong Performance: In Q1 2026, Nordson achieved record revenue of $669 million, up 9% year-over-year, with EPS rising 44% to $2.38, primarily driven by a 23% sales increase in its advanced technology solutions segment, reflecting robust demand in high-tech applications.
- Optimistic Market Outlook: Nordson raised its annual revenue guidance to $2.86 billion to $2.98 billion, a 4.6% increase at the midpoint over 2025, with adjusted EPS expected between $11 and $11.60, up 10.3%, indicating the company's confidence in future performance.
- Growth Drivers for Badger Meter: Badger Meter reported 2025 sales of $916.7 million, an 11% increase, with SaaS sales growing 27% and an additional $40 million in revenue from the SmartCover acquisition, demonstrating its technological transformation and market adaptability in water resource management.
See More
Nordson and Badger Meter: Stability and Growth in Dividends
- Stable Dividend Growth: Nordson has increased its dividend for 62 consecutive years, with a 5% increase in 2025, making it a Dividend King with a current yield of 1.22%; Badger Meter has raised its dividend for 33 years, including a 17.6% increase in 2025, with a yield of 1.01%, showcasing strong dividend growth from both companies.
- Strong Financial Performance: In Q1 2026, Nordson reported record revenue of $669 million, up 9% year-over-year, with earnings per share (EPS) rising 44% to $2.38, driven by a 23% sales increase in its advanced technology solutions segment, indicating robust demand in high-tech applications.
- Upgraded Guidance: Nordson raised its annual revenue guidance to between $2.86 billion and $2.98 billion for 2026, reflecting a 4.6% increase at the midpoint over 2025, with adjusted EPS expected between $11 and $11.60, up 10.3%, demonstrating confidence in future growth.
- Acquisition-Driven Growth: Badger Meter achieved sales of $916.7 million in 2025, an 11% increase, with SaaS sales growing by 27%, and the acquisition of SmartCover contributing $40 million in revenue, highlighting its strategic pivot towards technology in water management.
See More
Badger Meter Reports Weak Earnings Amid Industry Growth
- Earnings Report: Badger Meter reported revenues of $220.7 million, reflecting a year-over-year increase of 7.6%, yet it fell short of analysts' expectations by 4.9%, indicating a relatively weak performance within the industry.
- Stock Reaction: Following the disappointing earnings report, Badger Meter's stock has declined by 4.7%, currently trading at $156.75, which reflects market concerns regarding its future growth prospects.
- Industry Comparison: Among the inspection instruments sector, Badger Meter exhibited the weakest performance, while peers like Keysight and Viavi Solutions achieved revenue growth of 23.3% and 36.4%, respectively, highlighting significant disparities within the industry.
- Market Trends: Although the overall inspection instruments sector reported revenues exceeding analysts' expectations by 0.9%, Badger Meter's underperformance may undermine investor confidence in its future results, particularly against the backdrop of economic cycle fluctuations.
See More
Badger Meter Schedules Q1 2026 Earnings Release and Conference Call
- Earnings Release Schedule: Badger Meter will issue its Q1 2026 earnings report before the market opens on April 17, 2026, reflecting the company's ongoing commitment to transparency and shareholder communication.
- Conference Call Timing: Following the earnings release, the company will host a conference call at 10:00 AM CT, providing investors with a direct opportunity to interact with management, thereby enhancing investor confidence.
- Webcast Availability: The call will be accessible via a live webcast from the Events & Presentations section of the company's investor relations website, ensuring that all stakeholders can obtain key information in real-time, thus improving information accessibility.
- Long-term Support Commitment: Badger Meter's BlueEdge® solutions showcase its century-long innovation in water management technology, emphasizing the company's leadership in sustainable resource use and protection within the industry.
See More
