Franklin Electric Co Stock Today
| FELE Stock | USD 101.44 0.93 0.93% |
Performance5 of 100
| Odds Of DistressLess than 5
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Franklin Electric is trading at 101.44 as of the 20th of April 2024, a 0.93% increase since the beginning of the trading day. The stock's lowest day price was 100.02. Franklin Electric has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for Franklin Electric Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 26th of March 1990 | Category Industrials |
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana. Franklin Electric operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. The company has 46.1 M outstanding shares of which 682.05 K shares are currently shorted by private and institutional investors with about 4.4 trading days to cover. More on Franklin Electric Co
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Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
Franklin Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin Electric's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin Electric or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman and CEO | Gregg Sengstack | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Electrical Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Electrical Equipment, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Franklin Electric report their recommendations after researching Franklin Electric's financial statements, talking to executives and customers, or listening in on Franklin Electric's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Franklin Electric. The Franklin consensus assessment is calculated by taking the average forecast from all of the analysts covering Franklin Electric. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Franklin Electric's historical financial statements, Franklin Electric Co may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Franklin Electric is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Franklin Electric's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Franklin Electric's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Franklin Electric's financial leverage. It provides some insight into what part of Franklin Electric's total assets is financed by creditors.
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Franklin Electric Co (FELE) is traded on NASDAQ Exchange in USA. It is located in 9255 Coverdale Road, Fort Wayne, IN, United States, 46809 and employs 6,400 people. Franklin Electric is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Franklin Electric's market, we take the total number of its shares issued and multiply it by Franklin Electric's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Franklin Electric conducts business under Machinery sector and is part of Industrials industry. The entity has 46.1 M outstanding shares of which 682.05 K shares are currently shorted by private and institutional investors with about 4.4 trading days to cover.
Franklin Electric Co currently holds about 39.52 M in cash with 315.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85.
Check Franklin Electric Probability Of Bankruptcy
Ownership AllocationFranklin Electric retains a total of 46.1 Million outstanding shares. The majority of Franklin Electric Co outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Franklin Electric to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Franklin Electric. Please pay attention to any change in the institutional holdings of Franklin Electric Co as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Franklin Ownership Details
Franklin Stock Price Odds Analysis
What are Franklin Electric's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Franklin Electric jumping above the current price in 90 days from now is about 36.43%. The Franklin Electric Co probability density function shows the probability of Franklin Electric stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5498. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Franklin Electric will likely underperform. Additionally, franklin Electric Co has an alpha of 0.022, implying that it can generate a 0.022 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Franklin Electric to move above the current price in 90 days from now is about 36.43 (This Franklin Electric Co probability density function shows the probability of Franklin Stock to fall within a particular range of prices over 90 days) .
Franklin Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Franklin Electric that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Franklin Electric's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Franklin Electric's value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 657.9 K | |
| Amvescap Plc. | 2023-12-31 | 510.9 K | |
| Northern Trust Corp | 2023-12-31 | 507.1 K | |
| Btim Corp | 2023-12-31 | 505.3 K | |
| Norges Bank | 2023-12-31 | 504 K | |
| Sam Sustainable Asset Management Ltd | 2023-12-31 | 474.7 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 470.5 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 427.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 427.2 K | |
| Blackrock Inc | 2023-12-31 | 7.4 M | |
| Vanguard Group Inc | 2023-12-31 | 4.7 M |
Franklin Electric Historical Income Statement
Franklin Electric Co Income Statement is one of the three primary financial statements used for reporting Franklin's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Franklin Electric revenue and expense. Franklin Electric Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Franklin Electric's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.2 B, whereas Selling General Administrative is forecasted to decline to about 412.7 M. View More FundamentalsFranklin Stock Against Markets
Picking the right benchmark for Franklin Electric stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin Electric stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin Electric is critical whether you are bullish or bearish towards Franklin Electric Co at a given time. Please also check how Franklin Electric's historical prices are related to one of the top price index indicators.
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Franklin Electric Corporate Directors
Franklin Electric corporate directors refer to members of a Franklin Electric board of directors. The board of directors generally takes responsibility for the Franklin Electric's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Franklin Electric's board members must vote for the resolution. The Franklin Electric board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Roberts | Independent Director | Profile | |
| Thomas VerHage | Independent Director | Profile | |
| Jerome Brady | Independent Director | Profile | |
| David Wathen | Independent Director | Profile |
How to buy Franklin Stock?
Before investing in Franklin Electric, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin Electric. To buy Franklin Electric stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin Electric. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin Electric stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franklin Electric Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Franklin Electric Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Franklin Electric Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Franklin Stock please use our How to Invest in Franklin Electric guide.
Already Invested in Franklin Electric Co?
The danger of trading Franklin Electric Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin Electric is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin Electric. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin Electric is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Franklin Stock analysis
When running Franklin Electric's price analysis, check to measure Franklin Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Electric is operating at the current time. Most of Franklin Electric's value examination focuses on studying past and present price action to predict the probability of Franklin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Electric's price. Additionally, you may evaluate how the addition of Franklin Electric to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Electric. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 0.9 | Earnings Share 4.11 | Revenue Per Share 44.7 | Quarterly Revenue Growth (0.03) |
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.