Last $36.48 USD
Change Today -0.19 / -0.52%
Volume 192.1K
FELE On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

franklin electric co inc (FELE) Snapshot

Open
$36.44
Previous Close
$36.67
Day High
$37.05
Day Low
$36.31
52 Week High
03/21/14 - $44.66
52 Week Low
01/20/15 - $32.93
Market Cap
1.7B
Average Volume 10 Days
205.1K
EPS TTM
$1.86
Shares Outstanding
47.5M
EX-Date
02/3/15
P/E TM
19.6x
Dividend
$0.36
Dividend Yield
0.99%
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.

franklin electric co inc (FELE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $419.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $338.8K
Senior Vice President and President of Intern...
Total Annual Compensation: $340.8K
Vice President and President of North America...
Total Annual Compensation: $310.8K
Compensation as of Fiscal Year 2013.

franklin electric co inc (FELE) Key Developments

Franklin Electric Co., Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended January 3, 2015; Provides Earnings Guidance for the First Quarter and Full Year of 2015

Franklin Electric Co., Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended January 3, 2015. For the quarter, the company reported net sales of USD 253.837 million compared to USD 229.651 million a year ago. Operating income was USD 2.570 million compared to USD 22.181 million a year ago. Loss before income taxes was USD 0.726 million compared to income of USD 17.831 million a year ago. Net income was USD 3.168 million compared to USD 13.347 million a year ago. Net income attributable to the company was USD 3.102 million compared to USD 13.306 million a year ago. Diluted income per share was USD 0.06 compared to USD 0.27 a year ago. Earnings after Non-GAAP adjustments were USD 14.8 million compared to USD 14.5 million a year ago. Fully diluted EPS after Non-GAAP adjustments were USD 0.31 compared to USD 0.30 a year ago. The cash balance in the fourth quarter decreased is due to primarily attributable to increased working capital needs and acquisitions. For the year, the company reported net sales of USD 1,047.777 million compared to USD 965.462 million a year ago. Operating income was USD 100.088 million compared to USD 123.781 million a year ago. Income before income taxes was USD 89.703 million compared to USD 111.549 million a year ago. Net income was USD 70.852 million compared to USD 82.698 million a year ago. Net income attributable to the company was USD 69.806 million compared to USD 81.958 million a year ago. Diluted income per share was USD 1.41 compared to USD 1.68 a year ago. Net cash flows from operating activities were USD 47.349 million compared to USD 98.274 million a year ago. Additions to property, plant, and equipment were USD 35.525 million compared to USD 67.557 million a year ago. Earnings after Non-GAAP adjustments were USD 84.3 million compared to USD 82.9 million a year ago. Fully diluted EPS after Non-GAAP adjustments were USD 1.76 compared to USD 1.72 a year ago. The company expected first quarter 2015 adjusted earnings per share to be flat to down two cents when compared to the record 2014 first quarter adjusted earnings per share of USD 0.35. The company estimates that if the dollar stays at current levels, the translation effect will reduce global sales and earnings by about 6% in 2015. And reduced drilling activity will result in another 3% decline versus 2014. The full year 2015 rate is estimated to be about 24%.

Franklin Electric Seeks Acquisitions

Franklin Electric Co., Inc. (NasdaqGS:FELE) is looking for acquisitions. Gregg Sengstack, President and Chief Executive Officer of Franklin Electric, said, "We continue to be convinced that over the next decade, most of the world's growth and demand for our water and fueling products will occur in developing regions. Certainly the results this quarter support our premise. Therefore, we will continue to focus on acquisition opportunities in those regions."

Franklin Electric Co., Inc. to Report Q4, 2014 Results on Feb 24, 2015

Franklin Electric Co., Inc. announced that they will report Q4, 2014 results at 8:05 AM, US Eastern Standard Time on Feb 24, 2015

 

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FELE:US $36.48 USD -0.19

FELE Competitors

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Company Last Change
CIRCOR International Inc $53.67 USD -0.21
EnPro Industries Inc $65.77 USD -0.19
Mueller Water Products Inc $9.16 USD -0.01
Standex International Corp $72.50 USD -0.06
Watts Water Technologies Inc $54.98 USD -0.63
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Industry Analysis

FELE

Industry Average

Valuation FELE Industry Range
Price/Earnings 25.5x
Price/Sales 1.8x
Price/Book 3.1x
Price/Cash Flow 24.8x
TEV/Sales 1.4x
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