Franklin Electric (NASDAQ:FELE) Releases FY 2025 Earnings Guidance

Franklin Electric (NASDAQ:FELE - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.950-4.250 for the period, compared to the consensus EPS estimate of 4.200. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Franklin Electric Price Performance

NASDAQ:FELE traded up $3.00 during mid-day trading on Friday, reaching $88.35. The stock had a trading volume of 208,980 shares, compared to its average volume of 202,812. The stock has a market capitalization of $4.04 billion, a P/E ratio of 22.95, a P/E/G ratio of 2.11 and a beta of 1.02. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.06 and a current ratio of 2.22. Franklin Electric has a one year low of $78.87 and a one year high of $111.94. The firm has a 50 day moving average price of $93.78 and a two-hundred day moving average price of $99.25.

Franklin Electric (NASDAQ:FELE - Get Free Report) last issued its earnings results on Tuesday, April 29th. The industrial products company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.06). The firm had revenue of $455.25 million during the quarter, compared to analysts' expectations of $471.21 million. Franklin Electric had a return on equity of 14.46% and a net margin of 8.92%. The firm's quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.70 earnings per share. As a group, analysts expect that Franklin Electric will post 4.19 earnings per share for the current year.

Franklin Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be given a dividend of $0.265 per share. The ex-dividend date is Thursday, May 8th. This represents a $1.06 annualized dividend and a yield of 1.20%. Franklin Electric's payout ratio is 27.75%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. StockNews.com cut Franklin Electric from a "buy" rating to a "hold" rating in a research report on Thursday. Robert W. Baird dropped their price target on Franklin Electric from $111.00 to $94.00 and set a "neutral" rating on the stock in a research note on Wednesday.

Insiders Place Their Bets

In other Franklin Electric news, insider Delancey W. Davis sold 961 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $103.14, for a total value of $99,117.54. Following the completion of the transaction, the insider now directly owns 7,701 shares in the company, valued at $794,281.14. This represents a 11.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.72% of the stock is owned by company insiders.

About Franklin Electric

Franklin Electric Co, Inc, together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment.