NASDAQ:FELE - Franklin Electric Stock Price, News, & Analysis

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$51.05 +0.55 (+1.09 %)
(As of 09/18/2018 04:00 PM ET)
Previous Close$50.50
Today's Range$50.07 - $51.45
52-Week Range$38.45 - $51.45
Volume102,600 shs
Average Volume116,481 shs
Market Capitalization$2.35 billion
P/E Ratio26.59
Dividend Yield0.95%
Beta1.58
Franklin Electric logoFranklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates in three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, and industrial applications; and electronic drives and controls are used in motors for controlling functionality, as well as providing protection from various hazards, such as electric surges, over-heating, and dry wells and tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in submersible fueling system applications. Its fuel pumping systems are used principally in total system solutions for underground gasoline, diesel, and biofuel systems. This segment serves other energy markets, such as power reliability systems, as well as includes intelligent electronic devices for online monitoring of the power utility, hydroelectric, and industrial markets. The Distribution segment sells to and provides pre-sale support and specifications to the installing contractors. It sells products produced by the Water Systems segment and other brands. The company sells its products to specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Motors & generators
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
SymbolNASDAQ:FELE
CUSIP35351410
Phone260-824-2900

Debt

Debt-to-Equity Ratio0.13
Current Ratio2.06
Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio26.59
Forward P/E Ratio22.29
P/E Growth2.58

Sales & Book Value

Annual Sales$1.12 billion
Price / Sales2.12
Cash Flow$2.8049 per share
Price / Cash18.20
Book Value$15.08 per share
Price / Book3.39

Profitability

EPS (Most Recent Fiscal Year)$1.92
Net Income$78.18 million
Net Margins6.80%
Return on Equity13.65%
Return on Assets8.04%

Miscellaneous

Employees5,600
Outstanding Shares46,720,000
Market Cap$2.35 billion

Franklin Electric (NASDAQ:FELE) Frequently Asked Questions

What is Franklin Electric's stock symbol?

Franklin Electric trades on the NASDAQ under the ticker symbol "FELE."

How often does Franklin Electric pay dividends? What is the dividend yield for Franklin Electric?

Franklin Electric announced a quarterly dividend on Monday, July 23rd. Stockholders of record on Thursday, August 2nd will be paid a dividend of $0.12 per share on Thursday, August 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date is Wednesday, August 1st. View Franklin Electric's Dividend History.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co. (NASDAQ:FELE) issued its quarterly earnings data on Tuesday, July, 24th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.05. The industrial products company earned $344 million during the quarter, compared to analyst estimates of $348.65 million. Franklin Electric had a net margin of 6.80% and a return on equity of 13.65%. The business's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 earnings per share. View Franklin Electric's Earnings History.

When is Franklin Electric's next earnings date?

Franklin Electric is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Franklin Electric.

What price target have analysts set for FELE?

5 equities research analysts have issued 1 year price objectives for Franklin Electric's shares. Their predictions range from $41.00 to $54.00. On average, they expect Franklin Electric's stock price to reach $48.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View Analyst Price Targets for Franklin Electric.

What is the consensus analysts' recommendation for Franklin Electric?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Franklin Electric.

What are Wall Street analysts saying about Franklin Electric stock?

Here are some recent quotes from research analysts about Franklin Electric stock:
  • 1. According to Zacks Investment Research, "Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and automotive fuels. Franklin Electric has produced high-quality industrial pumps, filters and accessories. By introducing the new Little Giant PondWorks program, Franklin Electric now brings the same exceptional knowledge, experience, and quality to the recreational water gardening and outdoor living markets. " (7/18/2018)
  • 2. Boenning Scattergood analysts commented, "We rate shares of FELE Outperform, with our $54 target price (up from $52) reflecting a forward P/E multiple of 24.5 times, in-line with the water infrastructure peer group average. Key Points: 3Q17 EPS in-line with Street; Top-line beats, margins miss. Franklin Electric reported 3Q EPS of $0.52. Revenue increased 21.5% year/year, above our estimate of +14.5%, with both the Water and Fueling segments contributing to the upside. Organic sales growth drove the strength, continuing the recent trend of Franklin Electric delivering some of the best top-line growth in the water infrastructure sector. Despite the strong revenue gains, gross margin was 33.4% in the quarter, below our estimate of 34%, with management citing higher raw material costs as a profitability headwind." (10/24/2017)

Who are some of Franklin Electric's key competitors?

Some companies that are related to Franklin Electric include Nidec (NJDCY), AMETEK (AME), Regal Beloit (RBC), Generac (GNRC), Aggreko (ARGKF) and American Superconductor (AMSC).

Who are Franklin Electric's key executives?

Franklin Electric's management team includes the folowing people:
  • Mr. Gregg C. Sengstack, Chairman & CEO (Age 60)
  • Mr. John J. Haines, VP, CFO & Principal Accounting Officer (Age 54)
  • Mr. Robert J. Stone, Sr. VP & Pres of International Water Systems (Age 53)
  • Mr. DeLancey W. Davis, VP & Pres of Headwater Companies (Age 52)
  • Mr. Donald P. Kenney, VP & Pres of North America Water Systems (Age 57)

Has Franklin Electric been receiving favorable news coverage?

News coverage about FELE stock has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Franklin Electric earned a daily sentiment score of 0.18 on Accern's scale. They also assigned headlines about the industrial products company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Franklin Electric.

Who are Franklin Electric's major shareholders?

Franklin Electric's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.40%), Earnest Partners LLC (4.58%), Wells Fargo & Company MN (3.97%), Dimensional Fund Advisors LP (3.65%), Channing Capital Management LLC (2.99%) and Royce & Associates LP (2.74%). Company insiders that own Franklin Electric stock include Delancey W Davis, Donald P Kenney, John J Haines, Robert J Stone, Steven William Aikman and Thomas J Strupp. View Institutional Ownership Trends for Franklin Electric.

Which institutional investors are selling Franklin Electric stock?

FELE stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Royce & Associates LP, King Luther Capital Management Corp, Vaughan Nelson Investment Management L.P., Chartwell Investment Partners LLC, BNP Paribas Arbitrage SA, California Public Employees Retirement System and Municipal Employees Retirement System of Michigan. Company insiders that have sold Franklin Electric company stock in the last year include Delancey W Davis, Donald P Kenney, John J Haines and Steven William Aikman. View Insider Buying and Selling for Franklin Electric.

Which institutional investors are buying Franklin Electric stock?

FELE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Channing Capital Management LLC, Tributary Capital Management LLC, Wells Fargo & Company MN, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Bank of New York Mellon Corp and Kaizen Advisory LLC. View Insider Buying and Selling for Franklin Electric.

How do I buy shares of Franklin Electric?

Shares of FELE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Franklin Electric's stock price today?

One share of FELE stock can currently be purchased for approximately $51.05.

How big of a company is Franklin Electric?

Franklin Electric has a market capitalization of $2.35 billion and generates $1.12 billion in revenue each year. The industrial products company earns $78.18 million in net income (profit) each year or $1.92 on an earnings per share basis. Franklin Electric employs 5,600 workers across the globe.

How can I contact Franklin Electric?

Franklin Electric's mailing address is 9255 COVERDALE ROAD, FORT WAYNE IN, 46809. The industrial products company can be reached via phone at 260-824-2900.


MarketBeat Community Rating for Franklin Electric (NASDAQ FELE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  432
MarketBeat's community ratings are surveys of what our community members think about Franklin Electric and other stocks. Vote "Outperform" if you believe FELE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FELE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/18/2018 by MarketBeat.com Staff

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