FELE RSI Chart
Last 7 days
2.7%
Last 30 days
-1.4%
Last 90 days
6.8%
Trailing 12 Months
15.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
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.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 18, 2024 | sengstack gregg c | acquired | 2,762,820 | 100 | 27,488 | chairperson and ceo |
Apr 18, 2024 | walsh jay j | sold (taxes) | -123,627 | 100 | -1,230 | president, franklin fueling |
Apr 18, 2024 | walsh jay j | acquired | 325,150 | 100 | 3,235 | president, franklin fueling |
Apr 18, 2024 | grandon jonathan m. | sold (taxes) | -171,068 | 100 | -1,702 | chief administrative officer |
Apr 18, 2024 | sengstack gregg c | sold (taxes) | -1,215,370 | 100 | -12,092 | chairperson and ceo |
Apr 18, 2024 | grandon jonathan m. | acquired | 394,100 | 100 | 3,921 | chief administrative officer |
Apr 18, 2024 | davis delancey w | acquired | 382,038 | 100 | 3,801 | president, headwater companies |
Apr 18, 2024 | davis delancey w | sold (taxes) | -159,509 | 100 | -1,587 | president, headwater companies |
Mar 08, 2024 | davis delancey w | sold | -241,252 | 103 | -2,335 | president, headwater companies |
Mar 06, 2024 | keene kenneth | acquired | 181,218 | 102 | 1,773 | vp, global supply chain |
Which funds bought or sold FELE recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | FIFTH THIRD BANCORP | added | 3.19 | 3,405 | 27,664 | -% |
Apr 23, 2024 | RATIONAL ADVISORS LLC | sold off | -100 | -16,914 | - | -% |
Apr 23, 2024 | Louisiana State Employees Retirement System | reduced | -1.01 | 179,806 | 2,093,480 | 0.04% |
Apr 23, 2024 | PHILLIPS FINANCIAL MANAGEMENT, LLC | added | 0.06 | 66,792 | 698,110 | 0.06% |
Apr 23, 2024 | Global Retirement Partners, LLC | added | 56.86 | 80,730 | 183,247 | 0.01% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -28.52 | -363,000 | 1,365,000 | 0.01% |
Apr 22, 2024 | SAPIENT CAPITAL LLC | unchanged | - | 28,448 | 299,068 | 0.01% |
Apr 22, 2024 | RAYMOND JAMES & ASSOCIATES | added | 8.22 | 65,214 | 397,865 | -% |
Apr 22, 2024 | Boston Trust Walden Corp | added | 32.2 | 22,510,700 | 71,348,200 | 0.51% |
Apr 22, 2024 | Raymond James Financial Services Advisors, Inc. | added | 480 | 2,004,340 | 2,374,220 | -% |
Unveiling Franklin Electric Co Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | 185.5B | 67.1B | 17.96 | 2.77 | ||||
GE | 174.3B | 69.5B | 49.65 | 2.51 | ||||
CMI | 41.5B | 34.1B | 49.39 | 1.22 | ||||
AME | 41.2B | 6.6B | 31.36 | 6.24 | ||||
ACM | 12.8B | 14.9B | 206.83 | 0.86 | ||||
MID-CAP | ||||||||
APG | 9.2B | 6.9B | 59.86 | 1.32 | ||||
FLR | 6.9B | 15.5B | 49.58 | 0.44 | ||||
FLS | 6.1B | 4.3B | 32.84 | 1.42 | ||||
ACA | 3.7B | 2.3B | 23.46 | 1.62 | ||||
ALG | 2.5B | 1.7B | 18.02 | 1.45 | ||||
SMALL-CAP | ||||||||
AMRC | 1.1B | 1.4B | 17.78 | 0.81 | ||||
NKLA | 828.1M | 35.8M | -0.86 | 23.11 | ||||
AGX | 811.8M | 573.3M | 25.09 | 1.42 | ||||
AMSC | 364.8M | 135.4M | -22.24 | 2.7 | ||||
ADES | 245.0M | 99.2M | -20 | 2.47 |
Franklin Electric Co Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -12.2% | 473 | 538 | 569 | 485 | 489 | 552 | 551 | 451 | 433 | 459 | 437 | 333 | 321 | 351 | 308 | 267 | 320 | 348 | 355 | 291 | 317 |
Gross Profit | -14.1% | 160 | 186 | 188 | 162 | 166 | 191 | 189 | 145 | 145 | 163 | 152 | 116 | 111 | 124 | 107 | 90.00 | 101 | 118 | 120 | 90.00 | 104 |
S&GA Expenses | 1.1% | 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 | 75.00 |
EBITDA Margin | -0.8% | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.15* | 0.14* | 0.14* | 0.14* | 0.14* | 0.14* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -50.4% | 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 | 2.00 |
Income Taxes | -43.6% | 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 | 4.00 |
Earnings Before Taxes | -35.3% | 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 | 28.00 |
EBT Margin | 0.1% | 0.12* | 0.12* | 0.12* | 0.12* | 0.12* | 0.12* | 0.12* | 0.11* | 0.11* | 0.11* | 0.11* | 0.11* | - | - | - | - | - | - | - | - | - |
Net Income | -33.3% | 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 | 24.00 |
Net Income Margin | 0.3% | 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 | -27.4% | 106 | 146 | 44.00 | -21.58 | 82.00 | 60.00 | -11.86 | -70.77 | 26.00 | 51.00 | 24.00 | -1.36 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.2% | 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 | 1,182 |
Current Assets | -5.1% | 854 | 899 | 966 | 968 | 858 | 888 | 913 | 834 | 725 | 728 | 691 | 635 | 619 | 603 | 549 | 543 | 567 | 618 | 649 | 606 | 580 |
Cash Equivalents | 35.9% | 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 | 59.00 |
Inventory | -6.4% | 509 | 544 | 575 | 601 | 545 | 558 | 567 | 528 | 450 | 396 | 350 | 310 | 301 | 289 | 299 | 310 | 300 | 334 | 352 | 337 | 314 |
Net PPE | 3.3% | 230 | 222 | 224 | 221 | 215 | 208 | 211 | 214 | 211 | 206 | 210 | 205 | 209 | 187 | 186 | 189 | 201 | 198 | 202 | 203 | 207 |
Goodwill | 4.1% | 342 | 329 | 330 | 329 | 328 | 324 | 327 | 329 | 330 | 320 | 316 | 265 | 267 | 256 | 256 | 256 | 256 | 253 | 250 | 250 | 249 |
Current Liabilities | -12.5% | 287 | 328 | 433 | 487 | 406 | 462 | 540 | 492 | 396 | 401 | 387 | 200 | 204 | 188 | 174 | 191 | 186 | 257 | 301 | 284 | 256 |
Long Term Debt | 0.1% | 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 | 92.00 | 93.00 | 93.00 | 93.00 | 94.00 | 94.00 | 94.00 |
Shareholder's Equity | 2.2% | 1,207 | 1,180 | 1,150 | 332 | 1,068 | 1,025 | 900 | 315 | 860 | 832 | 904 | 864 | 5.00 | 2.00 | 776 | 275 | 797 | 5.00 | 673 | 653 | 736 |
Retained Earnings | 1.5% | 1,079 | 1,063 | 1,021 | 980 | 969 | 950 | 900 | 861 | 860 | 832 | 804 | 779 | 765 | 745 | 716 | 699 | 712 | 700 | 673 | 653 | 655 |
Additional Paid-In Capital | 0.5% | 345 | 343 | 341 | 332 | 325 | 323 | 319 | 315 | 311 | 304 | 299 | 293 | 283 | 281 | 278 | 275 | 270 | 267 | 265 | 262 | 258 |
Accumulated Depreciation | 3.1% | 370 | 359 | 361 | 353 | 342 | 327 | 331 | 332 | 325 | 321 | 324 | 314 | 312 | 299 | 292 | 286 | 290 | 281 | 281 | 282 | 279 |
Shares Outstanding | -0.3% | 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 | 11.2% | 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 | 2.00 |
Float | - | - | - | 4,736 | - | - | - | 3,374 | - | - | - | 3,728 | - | - | - | 2,399 | - | - | - | 2,175 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -24.8% | 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 | 68,017 |
Share Based Compensation | -17.4% | 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 | 1,823 |
Cashflow From Investing | -279.4% | -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 | -9,919 |
Cashflow From Financing | 61.5% | -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 | -38,290 |
Dividend Payments | -0.3% | 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 | 5,652 |
Buy Backs | 209.3% | 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 | 22,108 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Net sales | $ 2,065,133 | $ 2,043,711 | $ 1,661,865 |
Cost of sales | 1,368,125 | 1,352,276 | 1,085,776 |
Gross profit | 697,008 | 691,435 | 576,089 |
Selling, general, and administrative expenses | 433,476 | 432,076 | 386,275 |
Restructuring expense | 1,091 | 2,170 | 621 |
Operating income | 262,441 | 257,189 | 189,193 |
Interest expense | (11,790) | (11,525) | (5,196) |
Other income/(expense), net | 3,696 | (3,201) | 7,978 |
Foreign exchange expense | (12,124) | (7,236) | (2,269) |
Income before income taxes | 242,223 | 235,227 | 189,706 |
Income tax expense | 47,489 | 46,416 | 34,731 |
Net income | 194,734 | 188,811 | 154,975 |
Less: Net income attributable to noncontrolling interests | (1,462) | (1,479) | (1,115) |
Net income attributable to Franklin Electric Co., Inc. | $ 193,272 | $ 187,332 | $ 153,860 |
Earnings per share: | |||
Basic | $ 4.17 | $ 4.02 | $ 3.29 |
Diluted | $ 4.11 | $ 3.97 | $ 3.25 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 84,963 | $ 45,790 |
Receivables, less allowances of $3,594 and $4,211, respectively | 222,418 | 230,404 |
Inventories: | ||
Raw material | 176,706 | 196,876 |
Work-in-process | 26,880 | 30,276 |
Finished goods | 305,110 | 317,828 |
Total inventories | 508,696 | 544,980 |
Other current assets | 37,718 | 36,916 |
Total current assets | 853,795 | 858,090 |
Property, plant, and equipment, at cost: | ||
Land and buildings | 167,028 | 159,253 |
Machinery and equipment | 316,227 | 297,496 |
Furniture and fixtures | 56,997 | 50,264 |
Other | 59,747 | 50,249 |
Property, plant, and equipment, gross | 599,999 | 557,262 |
Less: Allowance for depreciation | (370,260) | (342,108) |
Property, plant, and equipment, net | 229,739 | 215,154 |
Lease right-of-use assets, net | 57,014 | 48,948 |
Deferred income taxes | 8,758 | 6,778 |
Intangible assets, net | 230,027 | 231,275 |
Goodwill | 342,404 | 328,046 |
Other assets | 6,385 | 5,910 |
Total assets | 1,728,122 | 1,694,201 |
Current liabilities: | ||
Accounts payable | 152,419 | 139,266 |
Accrued expenses and other current liabilities | 100,249 | 120,555 |
Current lease liability | 17,316 | 15,959 |
Income taxes | 4,700 | 3,233 |
Current maturities of long-term debt and short-term borrowings | 12,355 | 126,756 |
Total current liabilities | 287,039 | 405,769 |
Long-term debt | 88,056 | 89,271 |
Long-term lease liability | 38,549 | 32,858 |
Income taxes payable non-current | 4,837 | 8,707 |
Deferred income taxes | 29,461 | 29,744 |
Employee benefit plans | 35,973 | 31,889 |
Other long-term liabilities | 33,914 | 25,209 |
Commitments and contingencies (see Note 16) | ||
Redeemable noncontrolling interest | 1,145 | 620 |
Shareholders’ equity: | ||
Common stock (65,000 shares authorized, $0.10 par value) outstanding (46,067 and 46,193, respectively) | 4,607 | 4,619 |
Additional paid-in capital | 344,717 | 325,426 |
Retained earnings | 1,078,512 | 969,261 |
Accumulated other comprehensive loss | (221,114) | (231,448) |
Total shareholders’ equity | 1,206,722 | 1,067,858 |
Noncontrolling interest | 2,426 | 2,276 |
Total equity | 1,209,148 | 1,070,134 |
Total liabilities and equity | $ 1,728,122 | $ 1,694,201 |