FELE - Franklin Electric Co Inc Stock Price, Fair Value and News

99.87USD-0.49 (-0.49%)Delayed

Market Summary

USD99.87-0.49

Delayed

-0.49%

FELE Alerts

1 major insider sales recently.

FELE Stock Price

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FELE RSI Chart

FELE Valuation

Market Cap

4.6B

Price/Earnings (Trailing)

24.35

Price/Sales (Trailing)

2.25

EV/EBITDA

15.41

Price/Free Cashflow

16.13

FELE Price/Sales (Trailing)

FELE Profitability

EBT Margin

11.59%

Return on Equity

15.48%

Return on Assets

10.66%

Free Cashflow Yield

6.2%

FELE Fundamentals

FELE Revenue

Revenue (TTM)

2.0B

Rev. Growth (Yr)

-4.88%

Rev. Growth (Qtr)

-2.55%

FELE Earnings

Earnings (TTM)

189.0M

Earnings Growth (Yr)

-11.59%

Earnings Growth (Qtr)

-14.42%

Breaking Down FELE Revenue

Last 7 days

-2.3%

Last 30 days

-0.3%

Last 90 days

-0.4%

Trailing 12 Months

6.6%

How does FELE drawdown profile look like?

FELE Financial Health

Current Ratio

2.85

Debt/Equity

0.07

Debt/Cashflow

3.73

FELE Investor Care

Dividend Yield

0.9%

Dividend/Share (TTM)

0.9

Buy Backs (1Y)

0.24%

Diluted EPS (TTM)

4.02

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.0B	0	0	0
2023	2.1B	2.1B	2.1B	2.1B
2022	1.8B	1.9B	2.0B	2.0B
2021	1.3B	1.4B	1.6B	1.7B
2020	1.3B	1.2B	1.2B	1.2B
2019	1.3B	1.3B	1.3B	1.3B
2018	1.2B	1.2B	1.3B	1.3B
2017	951.8M	1.0B	1.1B	1.1B
2016	917.6M	922.3M	929.6M	949.9M
2015	1.0B	1.0B	959.4M	924.9M
2014	974.4M	995.5M	1.0B	1.0B
2013	911.9M	928.6M	940.8M	965.5M
2012	837.6M	860.2M	873.4M	891.3M
2011	739.2M	772.9M	808.9M	821.1M
2010	636.2M	661.3M	683.7M	713.8M
2009	0	705.7M	665.9M	626.0M
2008	0	0	0	745.6M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Franklin Electric Co Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	davis delancey w	acquired	211,301	73.14	2,889	president, headwater companies
May 09, 2024	davis delancey w	sold (taxes)	-294,851	102	-2,889	president, headwater companies
May 09, 2024	davis delancey w	sold	-225,961	102	-2,214	president, headwater companies
May 02, 2024	maskara alok	acquired	-	-	2,608	-
May 02, 2024	wathen david m	acquired	-	-	2,289	-
May 02, 2024	villavarayan chris	acquired	-	-	2,415	-
Apr 18, 2024	sengstack gregg c	acquired	2,762,820	100	27,488	chairperson and ceo
Apr 18, 2024	grandon jonathan m.	acquired	394,100	100	3,921	chief administrative officer
Apr 18, 2024	davis delancey w	sold (taxes)	-159,509	100	-1,587	president, headwater companies
Apr 18, 2024	davis delancey w	acquired	382,038	100	3,801	president, headwater companies

Which funds bought or sold FELE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Virtus Investment Advisers, Inc.	sold off	-100	-158,699	-	-%
May 16, 2024	Tidal Investments LLC	added	21.03	132,780	526,146	0.01%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.38	142,679	4,261,610	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-85.13	-4,655,790	915,789	-%
May 16, 2024	COMERICA BANK	reduced	-8.2	32,990	2,312,280	0.01%
May 15, 2024	MARSHALL WACE, LLP	new	-	1,164,230	1,164,230	-%
May 15, 2024	Phoenix Holdings Ltd.	new	-	206,189	206,189	-%
May 15, 2024	SHELTON CAPITAL MANAGEMENT	new	-	204,007	204,007	0.01%
May 15, 2024	ARMISTICE CAPITAL, LLC	new	-	200,269	200,269	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-14.2	-49,336	903,826	-%

Are Funds Buying or Selling FELE?

Are funds buying FELE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FELE

No. of Funds

FELE Alerts

1 major insider sales recently.

Unveiling Franklin Electric Co Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.23%	4,720,914	SC 13G/A
Jan 22, 2024	state street corp	4.93%	2,276,071	SC 13G/A
Jan 22, 2024	blackrock inc.	16.0%	7,373,905	SC 13G/A
Mar 10, 2023	vanguard group inc	10.05%	4,642,378	SC 13G/A
Feb 09, 2023	vanguard group inc	9.94%	4,603,139	SC 13G/A
Feb 08, 2023	state street corp	5.11%	2,368,925	SC 13G
Jan 26, 2023	blackrock inc.	17.1%	7,916,306	SC 13G/A
Jan 20, 2023	blackrock inc.	17.1%	7,916,306	SC 13G/A
Oct 11, 2022	earnest partners llc	5.0%	2,329,232	SC 13G/A
Feb 14, 2022	earnest partners llc	5.3%	2,481,303	SC 13G/A

Recent SEC filings of Franklin Electric Co Inc

View All Filings

Date Filed	Form Type	Document
May 16, 2024	8-K	Current Report
May 15, 2024	4	Insider Trading
May 14, 2024	8-K	Current Report
May 10, 2024	4	Insider Trading
May 09, 2024	144	Notice of Insider Sale Intent
May 03, 2024	4	Insider Trading
May 03, 2024	8-K	Current Report
May 03, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to Franklin Electric Co Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	176.0B	67.0B	-0.57%	65.92%	15.65	2.63	8.59%	58.17%
GE	175.0B	69.5B	2.71%	53.73%	49.85	2.52	16.04%	-60.91%
CMI	39.1B	34.0B	-1.97%	33.06%	18.95	1.15	12.85%	-19.64%
AME	38.6B	6.7B	-6.32%	12.86%	29.28	5.73	7.11%	10.53%
ACM	12.2B	15.3B	-3.16%	12.28%	-885.03	0.79	13.36%	-103.70%
MID-CAP
APG	9.8B	6.9B	-3.29%	52.06%	57.15	1.42	3.19%	62.26%
FLR	6.6B	15.5B	-3.16%	34.99%	21.56	0.42	7.53%	3145.00%
FLS	6.5B	4.4B	8.65%	40.81%	27.89	1.48	17.31%	1.26%
ACA	4.2B	2.4B	12.71%	24.81%	29.5	1.79	4.48%	-49.27%
ALG	2.3B	1.7B	-5.99%	7.81%	17.35	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	46.91%	-37.28%	24.47	1.02	-13.54%	-25.70%
AGX	872.9M	573.3M	9.79%	57.95%	26.98	1.52	26.00%	-2.24%
NKLA	732.5M	35.8M	-15.62%	-26.90%	-0.78	20.44	-27.93%	-18.06%
AMSC	430.6M	135.4M	17.93%	212.03%	-26.25	3.18	-25.90%	65.37%
ADES	247.8M	100.1M	1.25%	441.48%	-30.37	2.47	2.80%	39.07%

Franklin Electric Co Inc News

Latest updates

Franklin Electric Co Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.6%	461	473	538	569	485	489	552	551	452	433	459	437	333	321	351	308	267	320	348	355	291
Gross Profit	2.2%	164	160	186	188	162	166	191	189	145	145	163	152	116	111	124	107	90.00	101	118	120	90.00
S&GA Expenses	6.3%	116	109	108	107	110	110	109	108	105	98.00	106	100	82.00	77.00	75.00	72.00	76.00	72.00	75.00	76.00	76.00
EBITDA Margin	-0.9%	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.14*	0.14*	0.14*	0.14*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.2%	1.00	1.00	3.00	4.00	3.00	4.00	3.00	3.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00
Income Taxes	10.8%	9.00	8.00	15.00	14.00	10.00	9.00	13.00	17.00	7.00	11.00	10.00	9.00	4.00	5.00	8.00	7.00	3.00	3.00	8.00	8.00	1.00
Earnings Before Taxes	-10.2%	42.00	47.00	73.00	74.00	48.00	49.00	72.00	77.00	37.00	52.00	57.00	49.00	33.00	32.00	47.00	31.00	13.00	23.00	43.00	41.00	11.00
EBT Margin	-1.1%	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.12*	0.11*	0.11*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	-14.4%	33.00	39.00	58.00	60.00	37.00	40.00	59.00	59.00	30.00	41.00	46.00	39.00	28.00	27.00	38.00	25.00	11.00	20.00	34.00	33.00	9.00
Net Income Margin	-1.1%	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-110.0%	-10.55	106	146	44.00	-21.58	82.00	60.00	-11.86	-70.77	26.00	51.00	24.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.6%	1,773	1,728	1,725	1,803	1,803	1,694	1,715	1,752	1,683	1,575	1,546	1,511	1,282	1,272	1,201	1,151	1,150	1,195	1,237	1,270	1,229
Current Assets	5.6%	901	854	899	966	968	858	888	913	834	725	728	691	635	619	603	549	543	567	618	649	606
Cash Equivalents	-23.1%	65.00	85.00	63.00	53.00	52.00	46.00	40.00	33.00	39.00	41.00	76.00	82.00	118	131	114	43.00	40.00	64.00	48.00	41.00	54.00
Inventory	4.6%	532	509	544	575	601	545	558	567	528	450	396	350	310	301	289	299	310	300	334	352	337
Net PPE	-1.1%	227	230	222	224	221	215	208	211	214	211	206	210	205	209	187	186	189	201	198	202	203
Goodwill	-0.6%	341	342	329	330	329	328	324	327	329	330	320	316	265	267	256	256	256	256	253	250	250
Current Liabilities	10.2%	316	287	328	433	487	406	462	540	492	396	401	387	200	204	188	174	191	186	257	301	284
Long Term Debt	-0.8%	87.00	88.00	88.00	89.00	89.00	89.00	89.00	90.00	90.00	91.00	91.00	91.00	91.00	92.00	92.00	93.00	93.00	93.00	93.00	94.00	94.00
Shareholder's Equity	1.1%	1,220	1,207	1,180	5.00	1,095	5.00	1,025	5.00	861	311	923	5.00	779	2.00	811	278	699	712	777	5.00	2.00
Retained Earnings	1.1%	1,091	1,079	1,063	1,021	980	969	950	900	861	860	832	804	779	765	745	716	699	712	700	673	653
Additional Paid-In Capital	2.3%	353	345	343	341	332	325	323	319	315	311	304	299	293	283	281	278	275	270	267	265	262
Accumulated Depreciation	0.4%	372	370	359	361	353	342	327	331	332	325	321	324	314	312	299	292	286	290	281	281	282
Shares Outstanding	0.1%	46.00	46.00	46.00	46.00	46.00	46.00	46.00	46.00	46.00	46.00	46.00	46.00	-	-	-	-	-	-	-	-	-
Minority Interest	5.3%	3.00	2.00	2.00	3.00	3.00	2.00	3.00	2.00	2.00	2.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Float	-	-	-	-	4,736	-	-	-	3,374	-	-	-	3,728	-	-	-	2,399	-	-	-	2,175	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-101.2%	-1,362	117,081	155,603	55,045	-12,019	94,514	69,701	-1,230	-61,311	35,861	58,372	30,148	5,382	78,146	86,707	51,657	-4,656	87,451	86,080	7,080	-2,935
Share Based Compensation	140.0%	4,042	1,684	2,039	2,498	3,912	2,033	2,618	2,337	3,985	2,810	2,348	2,383	4,190	1,754	1,297	2,663	4,352	1,498	1,935	2,294	3,230
Cashflow From Investing	72.8%	-10,216	-37,519	-9,890	-12,327	-14,553	-12,186	-9,437	-12,548	-8,903	-51,421	-19,725	-186,988	-6,671	-57,437	-6,131	-4,107	-11,136	-6,218	-19,290	-5,740	-10,558
Cashflow From Financing	87.8%	-6,343	-51,899	-134,876	-38,516	33,098	-77,711	-50,100	10,594	68,745	-17,255	-42,554	119,068	-8,366	-8,114	-9,908	-44,878	-3,680	-65,613	-55,806	-15,097	9,868
Dividend Payments	19.1%	12,395	10,408	10,443	10,432	10,440	9,698	9,088	9,075	9,130	8,899	8,179	8,177	8,143	8,034	7,195	7,206	7,240	6,752	7,409	6,787	6,723
Buy Backs	-32.7%	9,047	13,444	4,347	8,408	17,133	9,759	87.00	11,325	19,319	4,811	9,907	6,382	4,849	462	1,367	743	16,981	440	758	5,214	4,329

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FELE Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 460,900	$ 484,551
Cost of sales	297,320	322,286
Gross profit	163,580	162,265
Selling, general, and administrative expenses	115,644	109,535
Restructuring expense	0	124
Operating income	47,936	52,606
Interest expense	(1,448)	(3,147)
Other income, net	706	409
Foreign exchange expense	(4,880)	(2,044)
Income before income taxes	42,314	47,824
Income tax expense	9,222	10,248
Net income	33,092	37,576
Less: Net income attributable to noncontrolling interests	(133)	(251)
Net income attributable to Franklin Electric Co., Inc.	$ 32,959	$ 37,325
Earnings per share:
Basic	$ 0.71	$ 0.81
Diluted	$ 0.70	$ 0.79

FELE Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 65,314	$ 84,963
Receivables, less allowances of $4,089 and $3,594, respectively	262,632	222,418
Inventories:
Raw material	178,799	176,706
Work-in-process	28,848	26,880
Finished goods	324,595	305,110
Total inventories	532,242	508,696
Other current assets	41,175	37,718
Total current assets	901,363	853,795
Property, plant, and equipment, at cost:
Land and buildings	166,625	167,028
Machinery and equipment	312,501	316,227
Furniture and fixtures	57,417	56,997
Other	62,447	59,747
Property, plant, and equipment, gross	598,990	599,999
Less: Allowance for depreciation	(371,784)	(370,260)
Property, plant, and equipment, net	227,206	229,739
Lease right-of-use assets, net	60,916	57,014
Deferred income taxes	9,727	8,758
Intangible assets, net	226,729	230,027
Goodwill	340,454	342,404
Other assets	6,712	6,385
Total assets	1,773,107	1,728,122
Current liabilities:
Accounts payable	185,504	152,419
Accrued expenses and other current liabilities	76,390	100,249
Current lease liability	18,018	17,316
Income taxes	11,922	4,700
Current maturities of long-term debt and short-term borrowings	24,414	12,355
Total current liabilities	316,248	287,039
Long-term debt	87,406	88,056
Long-term lease liability	41,638	38,549
Income taxes payable non-current	4,837	4,837
Deferred income taxes	29,514	29,461
Employee benefit plans	35,785	35,973
Other long-term liabilities	33,591	33,914
Commitments and contingencies (see Note 15)
Redeemable noncontrolling interest	1,109	1,145
Shareholders' equity:
Common stock (65,000 shares authorized, $.10 par value) outstanding (46,093 and 46,067, respectively)	4,609	4,607
Additional paid-in capital	352,797	344,717
Retained earnings	1,090,874	1,078,512
Accumulated other comprehensive loss	(227,855)	(221,114)
Total shareholders' equity	1,220,425	1,206,722
Noncontrolling interest	2,554	2,426
Total equity	1,222,979	1,209,148
Total liabilities and equity	$ 1,773,107	$ 1,728,122

About Franklin Electric Co Inc

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or 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 fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. 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.

CEO	Mr. Gregg C. Sengstack
WEBSITE	franklin-electric.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	6500

Franklin Electric Co Inc Frequently Asked Questions

What is the ticker symbol for Franklin Electric Co Inc? What does FELE stand for in stocks?

FELE is the stock ticker symbol of Franklin Electric Co Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Franklin Electric Co Inc (FELE)?

As of Fri May 17 2024, market cap of Franklin Electric Co Inc is 4.6 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FELE stock?

You can check FELE's fair value in chart for subscribers.

What is the fair value of FELE stock?

You can check FELE's fair value in chart for subscribers. The fair value of Franklin Electric Co Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Franklin Electric Co Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FELE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Franklin Electric Co Inc a good stock to buy?

The fair value guage provides a quick view whether FELE is over valued or under valued. Whether Franklin Electric Co Inc is cheap or expensive depends on the assumptions which impact Franklin Electric Co Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FELE.

What is Franklin Electric Co Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FELE's PE ratio (Price to Earnings) is 24.35 and Price to Sales (PS) ratio is 2.25. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FELE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Franklin Electric Co Inc's stock?

In the past 10 years, Franklin Electric Co Inc has provided 0.114 (multiply by 100 for percentage) rate of return.