Is Franklin Electric Stock a Good Investment?
Franklin Electric Investment Advice | FELE |
- Examine Franklin Electric's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Franklin Electric's leadership team and their track record. Good management can help Franklin Electric navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Franklin Electric's business and its evolving consumer preferences.
- Compare Franklin Electric's performance and market position to its competitors. Analyze how Franklin Electric is positioned in terms of product offerings, innovation, and market share.
- Check if Franklin Electric pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Franklin Electric's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Franklin Electric Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Franklin Electric Co is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Franklin Electric Stock
Researching Franklin Electric's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 14.0% of the company shares are held by company insiders. The book value of Franklin Electric was currently reported as 27.79. The company has Price/Earnings To Growth (PEG) ratio of 2.06. Franklin Electric last dividend was issued on the 7th of November 2024. The entity had 2:1 split on the 19th of March 2013.
To determine if Franklin Electric is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Franklin Electric's research are outlined below:
| Over 84.0% of the company shares are owned by institutional investors | |
| On 21st of November 2024 Franklin Electric paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from kalkinemedia.com: Shares of Franklin Electric Co., Inc. Decreased by 68,509 by Natixis Advisors LLC |
Franklin Electric Quarterly Accounts Payable |
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Franklin Electric uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Franklin Electric Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Franklin Electric's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Franklin Electric's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Franklin Electric's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2003-04-10 | 2003-03-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2002-04-12 | 2002-03-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2000-04-12 | 2000-03-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2010-04-29 | 2010-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2009-07-27 | 2009-06-30 | 0.2 | 0.18 | -0.02 | 10 | ||
2004-04-15 | 2004-03-31 | 0.1 | 0.12 | 0.02 | 20 | ||
2001-04-12 | 2001-03-31 | 0.09 | 0.07 | -0.02 | 22 | ||
1999-10-13 | 1999-09-30 | 0.16 | 0.18 | 0.02 | 12 |
Know Franklin Electric's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Franklin Electric is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Franklin Electric Co backward and forwards among themselves. Franklin Electric's institutional investor refers to the entity that pools money to purchase Franklin Electric's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Allianz Asset Management Ag | 2024-06-30 | 841.3 K | Btim Corp | 2024-09-30 | 659.1 K | Amvescap Plc. | 2024-06-30 | 618 K | Norges Bank | 2024-06-30 | 539.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 493.2 K | Northern Trust Corp | 2024-09-30 | 463.1 K | Bank Of New York Mellon Corp | 2024-06-30 | 382.6 K | First Trust Advisors L.p. | 2024-06-30 | 362.6 K | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 361.7 K | Blackrock Inc | 2024-06-30 | 7.2 M | Vanguard Group Inc | 2024-09-30 | 4.7 M |
Franklin Electric's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.94 B.Market Cap |
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Franklin Electric's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.17 | 0.10 | |
| Return On Capital Employed | 0.18 | 0.22 | |
| Return On Assets | 0.11 | 0.11 | |
| Return On Equity | 0.16 | 0.20 |
Determining Franklin Electric's profitability involves analyzing its financial statements and using various financial metrics to determine if Franklin Electric is a good buy. For example, gross profit margin measures Franklin Electric's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Franklin Electric's profitability and make more informed investment decisions.
Please note, the presentation of Franklin Electric's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Franklin Electric's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Franklin Electric's management manipulating its earnings.
Evaluate Franklin Electric's management efficiency
Franklin Electric has return on total asset (ROA) of 0.0894 % which means that it generated a profit of $0.0894 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1515 %, meaning that it created $0.1515 on every $100 dollars invested by stockholders. Franklin Electric's management efficiency ratios could be used to measure how well Franklin Electric manages its routine affairs as well as how well it operates its assets and liabilities. At present, Franklin Electric's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, Franklin Electric's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 9.5 M, whereas Other Assets are forecasted to decline to about 25.6 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 26.20 | 27.51 | |
| Tangible Book Value Per Share | 13.81 | 14.50 | |
| Enterprise Value Over EBITDA | 14.81 | 8.00 | |
| Price Book Value Ratio | 3.70 | 2.49 | |
| Enterprise Value Multiple | 14.81 | 8.00 | |
| Price Fair Value | 3.70 | 2.49 | |
| Enterprise Value | 2.9 B | 3 B |
The decision-making processes within Franklin Electric are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield 0.0093 | Forward Dividend Yield 0.0093 | Forward Dividend Rate 1 | Beta 0.955 |
Basic technical analysis of Franklin Stock
As of the 28th of November, Franklin Electric shows the Downside Deviation of 1.65, mean deviation of 1.2, and Semi Deviation of 1.55. Franklin Electric technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Franklin Electric jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Franklin Electric is priced favorably, providing market reflects its regular price of 107.17 per share. Given that Franklin Electric has jensen alpha of (0.12), we urge you to verify Franklin Electric Co's prevailing market performance to make sure the company can sustain itself at a future point.Franklin Electric's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Franklin Electric insiders, such as employees or executives, is commonly permitted as long as it does not rely on Franklin Electric's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Franklin Electric insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Franklin Electric's Outstanding Corporate Bonds
Franklin Electric issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Franklin Electric uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Franklin bonds can be classified according to their maturity, which is the date when Franklin Electric Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Franklin Electric's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Franklin Electric's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0458 | |||
| Market Risk Adjusted Performance | 0.0596 | |||
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.55 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 1912.53 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.42 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0496 | |||
| Maximum Drawdown | 11.41 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.27 | |||
| Downside Variance | 2.72 | |||
| Semi Variance | 2.39 | |||
| Expected Short fall | (1.33) | |||
| Skewness | 1.09 | |||
| Kurtosis | 9.75 |
| Risk Adjusted Performance | 0.0458 | |||
| Market Risk Adjusted Performance | 0.0596 | |||
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.55 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 1912.53 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.42 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0496 | |||
| Maximum Drawdown | 11.41 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.27 | |||
| Downside Variance | 2.72 | |||
| Semi Variance | 2.39 | |||
| Expected Short fall | (1.33) | |||
| Skewness | 1.09 | |||
| Kurtosis | 9.75 |
Consider Franklin Electric's intraday indicators
Franklin Electric intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Franklin Electric stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0308 | |||
| Daily Balance Of Power | (0.26) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 108.88 | |||
| Day Typical Price | 108.31 | |||
| Market Facilitation Index | 3.41 | |||
| Price Action Indicator | (2.14) | |||
| Period Momentum Indicator | (0.87) | |||
| Relative Strength Index | 62.88 |
Franklin Electric Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 24th of June 2024 Other Reports | ViewVerify |
Franklin Stock media impact
Far too much social signal, news, headlines, and media speculation about Franklin Electric that are available to investors today. That information is available publicly through Franklin media outlets and privately through word of mouth or via Franklin internal channels. However, regardless of the origin, that massive amount of Franklin data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Franklin Electric news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Franklin Electric relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Franklin Electric's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Franklin Electric alpha.
Franklin Electric Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Franklin Electric can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Industrial Machinery & Supplies & Components space 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 (0.05) | Dividend Share 0.975 | Earnings Share 3.97 | Revenue Per Share 43.688 | Quarterly Revenue Growth (0.01) |
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.
In summary, please note that there is a difference between Franklin Electric's value and its price, as these two are different measures arrived at by various 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.