Franklin Electric Co Stock Today

FELE Stock  USD 109.06  2.42  2.27%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Franklin Electric is trading at 109.06 as of the 24th of November 2024, a 2.27 percent increase since the beginning of the trading day. The stock's lowest day price was 106.9. Franklin Electric has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant 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 5th of December 2022 and ending today, the 24th of November 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 45.69 M outstanding shares of which 473.05 K shares are currently shorted by private and institutional investors with about 3.28 trading days to cover. More on Franklin Electric Co

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Franklin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorJoseph Ruzynski
Thematic IdeaElectrical Equipment (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, SP Small-Cap 600, NASDAQ Composite, Electrical Equipment, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1118
Fairly Down
Pretty Stable
Asset Turnover1.431.195
Fairly Up
Pretty Stable
Gross Profit Margin0.250.3375
Way Down
Very volatile
Total Current Liabilities301.4 M287 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total152.5 M230.8 M
Way Down
Very volatile
Total Assets1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Current Assets896.5 M853.8 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities331.5 M315.7 M
Sufficiently Up
Slightly volatile
Debt Levels
Franklin Electric can leverage 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.
Liquidity
Franklin Electric Co currently holds 156.28 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Franklin Electric has a current ratio of 1.88, which is within standard range for the sector. Note, when we think about Franklin Electric's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

50.58 Million
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 4.98 B. Franklin Electric conducts business under Machinery sector and is part of Industrials industry. The entity has 45.69 M outstanding shares of which 473.05 K shares are currently shorted by private and institutional investors with about 3.28 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 Allocation
Franklin Electric holds a total of 45.69 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Franklin Ownership Details

Franklin Stock Institutional Holders

InstituionRecorded OnShares
Allianz Asset Management Ag2024-06-30
841.3 K
Btim Corp2024-09-30
659.1 K
Amvescap Plc.2024-06-30
618 K
Norges Bank2024-06-30
539.7 K
Charles Schwab Investment Management Inc2024-09-30
493.2 K
Northern Trust Corp2024-09-30
463.1 K
Bank Of New York Mellon Corp2024-06-30
382.6 K
First Trust Advisors L.p.2024-06-30
362.6 K
Vaughan Nelson Scarbrgh & Mccullough Lp2024-06-30
361.7 K
Blackrock Inc2024-06-30
7.2 M
Vanguard Group Inc2024-09-30
4.7 M
View Franklin Electric Diagnostics

Franklin Electric Historical Income Statement

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 Fundamentals

Franklin Stock Against Markets

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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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
3.96
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.
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.