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

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$45.72 +0.38 (+0.84 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$45.34
Today's Range$45.06 - $45.8265
52-Week Range$38.87 - $55.59
Volume94,645 shs
Average Volume153,491 shs
Market Capitalization$2.12 billion
P/E Ratio20.23
Dividend Yield1.28%
Beta1.32
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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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$3.1294 per share
Book Value$15.88 per share

Profitability

Net Income$105.88 million

Miscellaneous

Employees5,600
Market Cap$2.12 billion
Next Earnings Date7/23/2019 (Estimated)
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 Tuesday, April 23rd. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.145 per share on Thursday, May 16th. This represents a $0.58 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Wednesday, May 1st. View Franklin Electric's Dividend History.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co. (NASDAQ:FELE) announced its earnings results on Tuesday, April, 23rd. The industrial products company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.19. The industrial products company had revenue of $290.70 million for the quarter, compared to analyst estimates of $304.61 million. Franklin Electric had a return on equity of 13.11% and a net margin of 7.25%. Franklin Electric's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 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, July 23rd 2019. View Earnings Estimates for Franklin Electric.

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

Franklin Electric issued an update on its FY19 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share (EPS) guidance of $2.37-2.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.40.

What price target have analysts set for FELE?

2 Wall Street analysts have issued 1-year price objectives for Franklin Electric's shares. Their forecasts range from $50.00 to $54.00. On average, they anticipate Franklin Electric's share price to reach $52.00 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Franklin Electric.

What is the consensus analysts' recommendation for Franklin Electric?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last year. There are currently 2 hold ratings 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. " (4/23/2019)
  • 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?

Press coverage about FELE stock has been trending somewhat negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Franklin Electric earned a news impact score of -1.2 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Franklin Electric's key competitors?

Some companies that are related to Franklin Electric include Generac (GNRC), Regal Beloit (RBC), XT Energy Group (XTNY), Aggreko (ARGKF) and American Superconductor (AMSC).

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 Wendys (WEN), Kraft Heinz (KHC), QUALCOMM (QCOM), HCA Healthcare (HCA), American Airlines Group (AAL), Booking (BKNG), Comcast (CMCSA), East West Bancorp (EWBC), GW Pharmaceuticals PLC- (GWPH) and Lakeland Bancorp (LBAI).

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 (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)

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. (13.18%), Wells Fargo & Company MN (4.01%), Dimensional Fund Advisors LP (3.62%), King Luther Capital Management Corp (2.63%), Royce & Associates LP (2.55%) and Vaughan Nelson Investment Management L.P. (1.71%). 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 R Verhage. View Institutional Ownership Trends for Franklin Electric.

Which major investors are selling Franklin Electric stock?

FELE stock was sold by a variety of institutional investors in the last quarter, including BTIM Corp., Royce & Associates LP, Morgan Stanley, Amundi Pioneer Asset Management Inc., New York State Common Retirement Fund, Kennedy Capital Management Inc., JPMorgan Chase & Co. and Dimensional Fund Advisors LP. Company insiders that have sold Franklin Electric company stock in the last year include Delancey W Davis, Donald P Kenney, John J Haines, Steven William Aikman and Thomas R Verhage. View Insider Buying and Selling for Franklin Electric.

Which major investors are buying Franklin Electric stock?

FELE stock was bought by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, King Luther Capital Management Corp, Vaughan Nelson Investment Management L.P., Oxford Asset Management LLP, Goldman Sachs Group Inc., SG Americas Securities LLC, Tributary Capital Management LLC and BlackRock Inc.. 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 $45.72.

How big of a company is Franklin Electric?

Franklin Electric has a market capitalization of $2.12 billion and generates $1.30 billion in revenue each year. The industrial products company earns $105.88 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:  190 (Vote Outperform)
Underperform Votes:  312 (Vote Underperform)
Total Votes:  502
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 5/21/2019 by MarketBeat.com Staff

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