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NASDAQ:FELE

Franklin Electric Stock Forecast, Price & News

$59.62
+1.19 (+2.04 %)
(As of 09/29/2020 12:00 AM ET)
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Today's Range
$59.54
Now: $59.62
$61.25
50-Day Range
$56.59
MA: $59.31
$60.90
52-Week Range
$41.25
Now: $59.62
$61.49
Volume146,244 shs
Average Volume197,531 shs
Market Capitalization$2.75 billion
P/E Ratio31.55
Dividend Yield1.06%
Beta1.13
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 electrical 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 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.29 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.31 billion
Cash Flow$2.88 per share
Book Value$17.23 per share

Profitability

Net Income$95.48 million

Miscellaneous

Employees5,400
Market Cap$2.75 billion
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$59.62
+1.19 (+2.04 %)
(As of 09/29/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Franklin Electric (NASDAQ:FELE) Frequently Asked Questions

How has Franklin Electric's stock price been impacted by Coronavirus?

Franklin Electric's stock was trading at $49.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FELE stock has increased by 20.3% and is now trading at $59.62.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Franklin Electric?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Franklin Electric
.

When is Franklin Electric's next earnings date?

Franklin Electric is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Franklin Electric
.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co. (NASDAQ:FELE) issued its earnings results on Tuesday, July, 28th. The industrial products company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.45 by $0.09. The industrial products company earned $308.28 million during the quarter, compared to the consensus estimate of $298.26 million. Franklin Electric had a net margin of 7.16% and a return on equity of 11.70%. The firm's revenue was down 13.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.70 earnings per share.
View Franklin Electric's earnings history
.

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

Franklin Electric announced a quarterly dividend on Monday, July 27th. Investors of record on Thursday, August 6th will be paid a dividend of $0.155 per share on Thursday, August 20th. This represents a $0.62 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Wednesday, August 5th.
View Franklin Electric's dividend history
.

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

Franklin Electric updated its FY 2020 Pre-Market earnings guidance on Tuesday, July, 28th. The company provided EPS guidance of 1.75-1.90 for the period, compared to the Thomson Reuters consensus estimate of $1.57.

What price target have analysts set for FELE?

4 Wall Street analysts have issued 12-month price objectives for Franklin Electric's shares. Their forecasts range from $50.00 to $72.00. On average, they expect Franklin Electric's stock price to reach $61.00 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price.
View analysts' price targets for Franklin Electric
.

Are investors shorting Franklin Electric?

Franklin Electric saw a decrease in short interest in August. As of August 31st, there was short interest totaling 621,300 shares, a decrease of 13.3% from the August 15th total of 716,500 shares. Based on an average trading volume of 170,500 shares, the short-interest ratio is currently 3.6 days. Approximately 1.6% of the company's shares are sold short.
View Franklin Electric's Short Interest
.

Who are some of Franklin Electric's key competitors?

What other stocks do shareholders of Franklin Electric own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Franklin Electric investors own include Las Vegas Sands (LVS), AT&T (T), Wendys (WEN), Altria Group (MO), Kraft Heinz (KHC), Marathon Petroleum (MPC), Pfizer (PFE), QUALCOMM (QCOM), Verizon Communications (VZ) and Carnival (CCL).

Who are Franklin Electric's key executives?

Franklin Electric's management team includes the following people:
  • Mr. Gregg C. Sengstack, Chairman, Pres & CEO (Age 61)
  • Mr. John J. Haines, VP & CFO (Age 55)
  • Mr. Donald P. Kenney, VP & Pres of North America Water Systems (Age 58)
  • Ms. Julie Scheck Freigang, VP & Chief Information Officer (Age 51)
  • Mr. Jonathan M. Grandon, VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 43)

What is Franklin Electric's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Franklin Electric's stock price today?

One share of FELE stock can currently be purchased for approximately $59.62.

How big of a company is Franklin Electric?

Franklin Electric has a market capitalization of $2.75 billion and generates $1.31 billion in revenue each year. The industrial products company earns $95.48 million in net income (profit) each year or $2.07 on an earnings per share basis. Franklin Electric employs 5,400 workers across the globe.

What is Franklin Electric's official website?

The official website for Franklin Electric is 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.

This page was last updated on 9/30/2020 by MarketBeat.com Staff

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