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NASDAQ:FELE

Franklin Electric (FELE) Stock Price, News & Analysis

$106.22
+2.47 (+2.38%)
(As of 07/26/2024 ET)
Today's Range
$104.57
$106.65
50-Day Range
$93.65
$106.22
52-Week Range
$82.61
$107.89
Volume
172,822 shs
Average Volume
182,430 shs
Market Capitalization
$4.89 billion
P/E Ratio
26.42
Dividend Yield
0.94%
Price Target
$100.00

Franklin Electric MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
5.9% Downside
$100.00 Price Target
Short Interest
Healthy
1.35% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.83
Upright™ Environmental Score
News Sentiment
0.21mentions of Franklin Electric in the last 14 days
Based on 35 Articles This Week
Insider Trading
Selling Shares
$1.84 M Sold Last Quarter
Proj. Earnings Growth
9.13%
From $4.27 to $4.66 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.32 out of 5 stars

Industrial Products Sector

38th out of 172 stocks

Motors & Generators Industry

1st out of 4 stocks

FELE stock logo

About Franklin Electric Stock (NASDAQ:FELE)

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. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or 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 fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, 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.

FELE Stock Price History

FELE Stock News Headlines

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Franklin Electric (NASDAQ:FELE) Issues Earnings Results
Franklin Shrinks on Q2 Results
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Franklin Electric Q2 Results Miss Estimates; Cuts FY24 EPS Outlook
Franklin Electric (NASDAQ:FELE) Issues FY24 Earnings Guidance
Here's what to expect from Franklin Electric's earnings report
See More Headlines
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Company Calendar

Ex-Dividend for 5/16 Dividend
5/01/2024
Dividend Payable
5/16/2024
Last Earnings
7/23/2024
Today
7/27/2024
Ex-Dividend for 8/15 Dividend
8/01/2024
Dividend Payable
8/15/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motors & generators
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:FELE
CUSIP
35351410
Employees
6,400
Year Founded
1944

Price Target and Rating

Average Stock Price Target
$100.00
High Stock Price Target
$110.00
Low Stock Price Target
$90.00
Potential Upside/Downside
-5.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$193.27 million
Pretax Margin
11.87%

Debt

Sales & Book Value

Annual Sales
$2.07 billion
Cash Flow
$5.60 per share
Book Value
$26.58 per share

Miscellaneous

Free Float
44,827,000
Market Cap
$4.89 billion
Optionable
Optionable
Beta
0.96

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FELE Stock Analysis - Frequently Asked Questions

How have FELE shares performed this year?

Franklin Electric's stock was trading at $96.65 at the beginning of 2024. Since then, FELE shares have increased by 9.9% and is now trading at $106.22.
View the best growth stocks for 2024 here
.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co., Inc. (NASDAQ:FELE) posted its earnings results on Tuesday, July, 23rd. The industrial products company reported $1.26 earnings per share for the quarter, missing analysts' consensus estimates of $1.32 by $0.06. The firm's revenue was down 4.6% on a year-over-year basis.

What is Gregg Sengstack's approval rating as Franklin Electric's CEO?

36 employees have rated Franklin Electric Chief Executive Officer Gregg Sengstack on Glassdoor.com. Gregg Sengstack has an approval rating of 79% among the company's employees. 84.0% of employees surveyed would recommend working at Franklin Electric to a friend.

Who are Franklin Electric's major shareholders?

Top institutional investors of Franklin Electric include Allspring Global Investments Holdings LLC (4.32%), Boston Trust Walden Corp (1.42%), Bank of New York Mellon Corp (0.83%) and Vaughan Nelson Investment Management L.P. (0.78%). Insiders that own company stock include Gregg C Sengstack, Donald P Kenney, Jonathan M Grandon, Jay J Walsh, Jeffery L Taylor, Paul Chhabra, Delancey W Davis, Kenneth Keene and John J Haines.
View institutional ownership trends
.

How do I buy shares of Franklin Electric?

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

What other stocks do shareholders of Franklin Electric own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin Electric investors own include Las Vegas Sands (LVS), AT&T (T), Wendy's (WEN), Altria Group (MO), Kraft Heinz (KHC), Marathon Petroleum (MPC) and Pfizer (PFE).

This page (NASDAQ:FELE) was last updated on 7/27/2024 by MarketBeat.com Staff

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