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Last $27.98 USD
Change Today -0.06 / -0.21%
Volume 469.5K
FELE On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

franklin electric co inc (FELE) Snapshot

Open
$27.94
Previous Close
$28.04
Day High
$28.24
Day Low
$27.73
52 Week High
12/3/14 - $40.14
52 Week Low
07/10/15 - $22.71
Market Cap
1.3B
Average Volume 10 Days
324.7K
EPS TTM
$1.70
Shares Outstanding
47.6M
EX-Date
05/19/15
P/E TM
16.4x
Dividend
$0.39
Dividend Yield
1.31%
Current Stock Chart for FRANKLIN ELECTRIC CO INC (FELE)

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franklin electric co inc (FELE) Details

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates in two segments, Water Systems and Fueling Systems. The Water Systems segment offers motors, pumps, electronic controls, and related parts and equipment. Its motors and pumps are used principally for pumping fresh water and wastewater in various residential, agricultural, and industrial applications; and electronic drives and controls are used in motors, which control functionality and provide protection from various hazards, such as electric surges, over-heating, or 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 submersible fueling system applications. It integrates and sells motors and electronic controls produced by the Water Systems segment. The company sells its products to specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

4,900 Employees
Last Reported Date: 03/4/15
Founded in 1944

franklin electric co inc (FELE) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $574.1K
Chief Financial Officer, Vice President and S...
Total Annual Compensation: $351.1K
Senior Vice President and President of Intern...
Total Annual Compensation: $351.1K
Vice President and President of North America...
Total Annual Compensation: $324.3K
Vice President and President of Energy System...
Total Annual Compensation: $293.3K
Compensation as of Fiscal Year 2014.

franklin electric co inc (FELE) Key Developments

Franklin Electric Co., Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 4, 2015.; Provides Earnings Guidance Second Half of 2015

Franklin Electric Co., Inc. reported unaudited consolidated earnings results for the second quarter and six months ended July 4, 2015. For the quarter, the company reported net sales of $247.427 million against $284.466 million a year ago. Operating income was $23.172 million against $39.128 million a year ago. Income before income taxes was $21.798 million against $37.817 million a year ago. Net income attributable to the company was $16.164 million against $27.074 million a year ago. Income per diluted share was $0.33 against $0.55 a year ago. Earnings after Non-GAAP adjustments was $17.0 million or $0.35 per diluted share against $28.85 million or $0.55 per diluted share a year ago. Operating income after Non-GAAP adjustments was $24.9 million against $42.7 million a year ago. For the six months. the company reported net sales of $473.155 million against $515.887 million a year ago. Operating income was $39.039 million against $65.088 million a year ago. Income before income taxes was $38.392 million against $60.898 million a year ago. Net income attributable to the company was $35.959 million against $44.031 million a year ago. Income per diluted share was $0.74 against $0.90 a year ago. Net cash flows from operating activities was $7.032 million against net cash flows used in operating activities of $26.243 million a year ago. Additions to property, plant, and equipment was $9.758 million against $17.947 a year ago. The company is currently assuming the second half 2015 sales will decline between 8 and 9% versus the same period from last year, consistent with the decline the company experienced in the first half of 2015, and for primarily the same reasons that impacted the first half: namely, foreign exchange, lower demand for dewatering equipment that serves the oil and gas end markets and overall weaker demand for groundwater equipment in the U.S. due to the lingering impact of unfavorable weather conditions. If the company’s revenues decline in this range, the company believes, because of a more favorable sales mix, better margins and the cost cutting actions the company has taken to date and will continue to take, the company’s second half 2015 adjusted operating income and adjusted earnings per share will be flat to the second half of 2014.

Franklin Electric Co., Inc. to Report Q2, 2015 Results on Jul 28, 2015

Franklin Electric Co., Inc. announced that they will report Q2, 2015 results at 8:05 AM, Eastern Daylight on Jul 28, 2015

Franklin Electric Co., Inc. Revises Earnings Guidance for the Second Quarter Ended July 4, 2015; Provides Earnings Guidance for the Second Half of 2015

Franklin Electric Co., Inc. revised earnings guidance for the second quarter ended July 4, 2015 and provided earnings guidance for the second half of 2015. For the second quarter, the Company expects adjusted earnings per share to be approximately $0.35 versus the previously issued guidance on April 28, 2015 of $0.54 to $0.58, as a result of significantly lower sales. Second quarter revenues were approximately $37 million below the second quarter 2014, and guidance, with the vast majority of the decline occurring during May and June. The revenue decline in the second half of the year 2015 is similar to the first half, down about 8% as compared to the second half of 2014, the company expects that earnings will be about the same as the second half of 2014.

 

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FELE Competitors

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Company Last Change
CIRCOR International Inc $48.56 USD -0.09
EnPro Industries Inc $51.70 USD +0.11
Lindsay Corp $82.81 USD -0.30
Mueller Water Products Inc $8.53 USD +0.09
Standex International Corp $74.29 USD -0.41
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Industry Analysis

FELE

Industry Average

Valuation FELE Industry Range
Price/Earnings 22.4x
Price/Sales 1.3x
Price/Book 2.3x
Price/Cash Flow 21.6x
TEV/Sales 1.0x
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