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

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$55.32 +0.67 (+1.23 %)
(As of 02/21/2019 01:20 PM ET)
Previous Close$54.65
Today's Range$53.75 - $55.43
52-Week Range$38.45 - $55.27
Volume3,181 shs
Average Volume103,929 shs
Market Capitalization$2.59 billion
P/E Ratio24.50
Dividend Yield1.07%
Beta1.38
Franklin 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.30 billion
Cash Flow$3.1757 per share
Book Value$15.74 per share

Profitability

Net Income$78.18 million

Miscellaneous

Employees5,600
Market Cap$2.59 billion
OptionableOptionable

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 Wednesday, January 23rd. Investors of record on Friday, February 1st will be given a dividend of $0.145 per share on Friday, February 15th. This represents a $0.58 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, January 31st. This is a boost from Franklin Electric's previous quarterly dividend of $0.12. View Franklin Electric's Dividend History.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co. (NASDAQ:FELE) posted its quarterly earnings data on Tuesday, February, 19th. The industrial products company reported $0.52 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.50 by $0.02. The industrial products company had revenue of $316.66 million for the quarter, compared to analysts' expectations of $309.68 million. Franklin Electric had a return on equity of 14.72% and a net margin of 8.16%. Franklin Electric's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter last year, the company posted $0.42 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, May 7th 2019. View Earnings Estimates for Franklin Electric.

What guidance has Franklin Electric issued on next quarter's earnings?

Franklin Electric updated its FY19 earnings guidance on Tuesday, February, 19th. The company provided earnings per share guidance of $2.37-2.47 for the period, compared to the Thomson Reuters consensus estimate of $2.39.

What price target have analysts set for FELE?

5 Wall Street analysts have issued 12 month target prices for Franklin Electric's stock. 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 year. This suggests that the stock has a possible downside of 13.1%. 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. " (2/20/2019)
  • 2. Boenning Scattergood analysts commented, "We anticipate solid 2019 growth, driven by top-line and margin gains, and continue to see Franklin Electric as among the best-managed small- cap names in the water industrials space. We maintain our Outperform rating for FELE, with our $54 target reflecting a P/E of 22.6 times, in-line with the water infrastructure peer group." (2/19/2019)

Has Franklin Electric been receiving favorable news coverage?

Media headlines about FELE stock have trended somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Franklin Electric earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Franklin Electric's key competitors?

Some companies that are related to Franklin Electric include Regal Beloit (RBC), Generac (GNRC), XT Energy Group (XTNY), 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, Pres & CEO (Age 61)
  • Mr. John J. Haines, VP, CFO & Principal Accounting Officer (Age 55)
  • Mr. Robert J. Stone, Sr. VP & Pres of International Water Systems (Age 54)
  • Mr. DeLancey W. Davis, VP & Pres of Headwater Companies (Age 53)
  • Mr. Donald P. Kenney, VP & Pres of North America Water Systems (Age 58)

Who are Franklin Electric's major shareholders?

Franklin Electric's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.00%), Impax Asset Management Group plc (6.14%), Dimensional Fund Advisors LP (3.65%), Royce & Associates LP (2.70%), Channing Capital Management LLC (2.42%) and King Luther Capital Management Corp (2.34%). 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 American Capital Management Inc., Channing Capital Management LLC, Vaughan Nelson Investment Management L.P., Royce & Associates LP, Bank of New York Mellon Corp, Amundi Pioneer Asset Management Inc., Barclays PLC and New York State Common Retirement Fund. 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 Impax Asset Management Group plc, Millennium Management LLC, Eaton Vance Management, Geode Capital Management LLC, BlackRock Inc., BTIM Corp., Bank of America Corp DE and Rhumbline Advisers. 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 $55.25.

How big of a company is Franklin Electric?

Franklin Electric has a market capitalization of $2.58 billion and generates $1.30 billion in revenue each year. The industrial products company earns $78.18 million in net income (profit) each year or $2.26 on an earnings per share basis. Franklin Electric employs 5,600 workers across the globe.

What is Franklin Electric's official website?

The official website for Franklin Electric is http://www.franklin-electric.com.

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:  179 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  470
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 2/21/2019 by MarketBeat.com Staff

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