Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2024
0mins
Source: NASDAQ.COM
Overview of Invesco S&P SmallCap Information Technology ETF (PSCT): Launched in 2010, PSCT is a passively managed ETF that provides diversified exposure to small-cap U.S. technology companies, with low operating expenses of 0.29% and a current asset size of over $313 million.
Performance and Investment Considerations: The ETF has experienced a slight decline of -2.21% recently but is up 8.57% year-to-date; it holds a Zacks ETF Rank of 1 (Strong Buy) and is considered a high-risk investment due to its beta of 1.16 and standard deviation of 25.93%.
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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: 120.030
Low
157.00
Averages
214.86
High
243.00
Current: 120.030
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 Completes Acquisition of UDlive
- Acquisition Completed: Badger Meter announced the completion of its acquisition of UK-based UDlive, which is expected to enhance its competitiveness in the sewer monitoring market and drive global expansion.
- Product Integration: UDlive will be integrated into Badger Meter's BlueEdge® water management solutions, enhancing the product portfolio alongside SmartCover® and further solidifying market leadership in the U.S. and U.K.
- Market Expansion: By combining SmartCover's strong presence in the U.S. with UDlive's leadership in the U.K., Badger Meter aims to capture a larger share of the rapidly growing sewer monitoring market, addressing increasing regulatory demands.
- Technological Advantage: UDlive's hardware-enabled software solutions provide real-time insights into wastewater networks, improving operational efficiency and visibility, thus assisting utilities in navigating evolving regulatory expectations in resource-constrained environments.
See More
Badger Meter Faces Investigation After Disappointing Q1 Results
- Disappointing Earnings: Badger Meter reported Q1 2026 earnings per share of $0.93, missing consensus estimates by $0.26, and revenue of $202.03 million, falling short of expectations by $28.58 million, indicating a decline in the company's market competitiveness.
- Sales Decline: The company's utility water sales dropped 10% year-over-year, attributed to project timing and weaker municipal customer orders, which could adversely affect future revenue growth and market share.
- Stock Price Plunge: Following the disappointing financial results, Badger Meter's stock price fell over 24%, reflecting investor concerns about the company's financial health and potentially leading to further erosion of investor confidence.
- Legal Investigation: Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws by Badger Meter, suggesting that affected investors may have legal rights, indicating the company faces significant legal risks.
See More
Badger Meter Under Investigation Amid Significant Stock Drop
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, with revenue of $202.03 million falling short by $28.58 million, indicating significant financial challenges for the company.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker municipal customer ordering, reflecting a potential decrease in market demand that could impact future revenue growth.
- Stock Price Plunge: Following the earnings report, Badger Meter's stock price dropped by $36.75, or 24.13%, closing at $115.54, indicating heightened investor concerns regarding the company's outlook.
- Legal Investigation: Pomerantz LLP is investigating whether Badger Meter and its executives engaged in securities fraud or other unlawful business practices, which could lead to further legal risks and financial repercussions.
See More
Badger Meter Under Investigation Amid Stock Plunge
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, with revenue of $202.03 million falling short of expectations by $28.58 million, indicating significant financial strain on the company.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker short-cycle municipal customer orders, reflecting diminished market demand and potential operational challenges.
- Stock Plunge: Following the earnings report, Badger Meter's stock price fell by $36.75, or 24.13%, closing at $115.54, signaling heightened investor concerns regarding the company's future outlook.
- Legal Investigation: Pomerantz LLP is investigating whether Badger Meter has engaged in securities fraud or other unlawful business practices, which could further impact the company's reputation and shareholder confidence.
See More
Badger Meter Under Investigation for Securities Violations
- Investigation Launched: The Schall Law Firm has announced an investigation into Badger Meter, focusing on whether the company issued false or misleading statements or failed to disclose information critical to investors, which could impact the company's reputation and shareholder confidence.
- Earnings Miss: Badger Meter's Q1 2026 financial results, released on April 17, revealed earnings per share that fell short of market expectations, reflecting pressure on the company's financial performance and potentially raising concerns among investors about future results.
- Sales Decline: The company reported a 10% year-over-year decline in utility water sales, primarily attributed to project timing and short-cycle municipal ordering, which may weaken its competitive position in the market.
- Stock Price Plunge: Following this news, Badger Meter's shares fell by more than 24.1% on the same day, indicating strong investor concerns about the company's outlook and potentially triggering further legal actions.
See More
Badger Meter Declares Quarterly Dividend of $0.40
- Quarterly Dividend Announcement: Badger Meter has declared a quarterly dividend of $0.40 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flow despite challenges in meeting revenue and EPS expectations for Q1.
- Dividend Yield: The forward yield of 1.31% reflects the company's commitment to shareholder returns, and despite the negative market reaction to its Q1 earnings report, the dividend policy helps bolster investor confidence in the company's financial health.
- Payment Schedule: The dividend is payable on June 5, with a record date of May 22 and an ex-dividend date also set for May 22, ensuring that shareholders receive timely returns, which further solidifies the company's shareholder base.
- Acquisition Plans: Badger Meter anticipates organic revenue for 2026 to align with 2025 and has agreed to acquire UDlive for $100 million, a move that not only aids in expanding its market share but also has the potential to enhance future revenue growth prospects.
See More
Badger Meter Completes Acquisition of UDlive
- Acquisition Completed: Badger Meter announced the completion of its acquisition of UK-based UDlive, which is expected to enhance its competitiveness in the sewer monitoring market and drive global expansion.
- Product Integration: UDlive will be integrated into Badger Meter's BlueEdge® water management solutions, enhancing the product portfolio alongside SmartCover® and further solidifying market leadership in the U.S. and U.K.
- Market Expansion: By combining SmartCover's strong presence in the U.S. with UDlive's leadership in the U.K., Badger Meter aims to capture a larger share of the rapidly growing sewer monitoring market, addressing increasing regulatory demands.
- Technological Advantage: UDlive's hardware-enabled software solutions provide real-time insights into wastewater networks, improving operational efficiency and visibility, thus assisting utilities in navigating evolving regulatory expectations in resource-constrained environments.
See More
Badger Meter Faces Investigation After Disappointing Q1 Results
- Disappointing Earnings: Badger Meter reported Q1 2026 earnings per share of $0.93, missing consensus estimates by $0.26, and revenue of $202.03 million, falling short of expectations by $28.58 million, indicating a decline in the company's market competitiveness.
- Sales Decline: The company's utility water sales dropped 10% year-over-year, attributed to project timing and weaker municipal customer orders, which could adversely affect future revenue growth and market share.
- Stock Price Plunge: Following the disappointing financial results, Badger Meter's stock price fell over 24%, reflecting investor concerns about the company's financial health and potentially leading to further erosion of investor confidence.
- Legal Investigation: Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws by Badger Meter, suggesting that affected investors may have legal rights, indicating the company faces significant legal risks.
See More
Badger Meter Under Investigation Amid Significant Stock Drop
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, with revenue of $202.03 million falling short by $28.58 million, indicating significant financial challenges for the company.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker municipal customer ordering, reflecting a potential decrease in market demand that could impact future revenue growth.
- Stock Price Plunge: Following the earnings report, Badger Meter's stock price dropped by $36.75, or 24.13%, closing at $115.54, indicating heightened investor concerns regarding the company's outlook.
- Legal Investigation: Pomerantz LLP is investigating whether Badger Meter and its executives engaged in securities fraud or other unlawful business practices, which could lead to further legal risks and financial repercussions.
See More
Badger Meter Under Investigation Amid Stock Plunge
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, with revenue of $202.03 million falling short of expectations by $28.58 million, indicating significant financial strain on the company.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker short-cycle municipal customer orders, reflecting diminished market demand and potential operational challenges.
- Stock Plunge: Following the earnings report, Badger Meter's stock price fell by $36.75, or 24.13%, closing at $115.54, signaling heightened investor concerns regarding the company's future outlook.
- Legal Investigation: Pomerantz LLP is investigating whether Badger Meter has engaged in securities fraud or other unlawful business practices, which could further impact the company's reputation and shareholder confidence.
See More
Badger Meter Under Investigation for Securities Violations
- Investigation Launched: The Schall Law Firm has announced an investigation into Badger Meter, focusing on whether the company issued false or misleading statements or failed to disclose information critical to investors, which could impact the company's reputation and shareholder confidence.
- Earnings Miss: Badger Meter's Q1 2026 financial results, released on April 17, revealed earnings per share that fell short of market expectations, reflecting pressure on the company's financial performance and potentially raising concerns among investors about future results.
- Sales Decline: The company reported a 10% year-over-year decline in utility water sales, primarily attributed to project timing and short-cycle municipal ordering, which may weaken its competitive position in the market.
- Stock Price Plunge: Following this news, Badger Meter's shares fell by more than 24.1% on the same day, indicating strong investor concerns about the company's outlook and potentially triggering further legal actions.
See More
Badger Meter Declares Quarterly Dividend of $0.40
- Quarterly Dividend Announcement: Badger Meter has declared a quarterly dividend of $0.40 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flow despite challenges in meeting revenue and EPS expectations for Q1.
- Dividend Yield: The forward yield of 1.31% reflects the company's commitment to shareholder returns, and despite the negative market reaction to its Q1 earnings report, the dividend policy helps bolster investor confidence in the company's financial health.
- Payment Schedule: The dividend is payable on June 5, with a record date of May 22 and an ex-dividend date also set for May 22, ensuring that shareholders receive timely returns, which further solidifies the company's shareholder base.
- Acquisition Plans: Badger Meter anticipates organic revenue for 2026 to align with 2025 and has agreed to acquire UDlive for $100 million, a move that not only aids in expanding its market share but also has the potential to enhance future revenue growth prospects.
See More
