FELE RSI Chart
Last 7 days
-2.3%
Last 30 days
-0.2%
Last 90 days
-0.3%
Trailing 12 Months
6.7%
Historical Charts for Stock Metrics
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 |
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 |
---|---|---|---|---|---|---|
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 DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | COMERICA BANK | reduced | -8.2 | 32,990 | 2,312,280 | 0.01% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -6.38 | 142,679 | 4,261,610 | -% |
May 16, 2024 | Virtus Investment Advisers, Inc. | sold off | -100 | -158,699 | - | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -85.13 | -4,655,790 | 915,789 | -% |
May 16, 2024 | Tidal Investments LLC | added | 21.03 | 132,780 | 526,146 | 0.01% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | reduced | -40.05 | -6,202,400 | 12,174,600 | -% |
May 15, 2024 | D. E. Shaw & Co., Inc. | reduced | -15.6 | -297,846 | 4,131,620 | -% |
May 15, 2024 | PRELUDE CAPITAL MANAGEMENT, LLC | reduced | -15.47 | -18,010 | 255,703 | 0.01% |
May 15, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 1.87 | 5,848 | 52,337 | -% |
May 15, 2024 | JANUS HENDERSON GROUP PLC | reduced | -3.39 | 362,648 | 5,729,980 | -% |
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 | 176.0B | 67.0B | 15.65 | 2.63 | ||||
GE | 175.0B | 69.5B | 49.85 | 2.52 | ||||
CMI | 39.1B | 34.0B | 18.94 | 1.15 | ||||
AME | 38.6B | 6.7B | 29.28 | 5.73 | ||||
ACM | 12.2B | 15.3B | -885.13 | 0.79 | ||||
MID-CAP | ||||||||
APG | 9.8B | 6.9B | 57.14 | 1.42 | ||||
FLR | 6.6B | 15.5B | 21.56 | 0.42 | ||||
FLS | 6.5B | 4.4B | 27.9 | 1.48 | ||||
ACA | 4.2B | 2.4B | 29.47 | 1.78 | ||||
ALG | 2.3B | 1.7B | 17.35 | 1.37 | ||||
SMALL-CAP | ||||||||
AMRC | 1.4B | 1.4B | 24.48 | 1.02 | ||||
AGX | 873.1M | 573.3M | 26.98 | 1.52 | ||||
NKLA | 732.5M | 35.8M | -0.78 | 20.44 | ||||
AMSC | 430.6M | 135.4M | -26.25 | 3.18 | ||||
ADES | 247.8M | 100.1M | -30.37 | 2.47 |
Franklin Electric Co Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
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 | ||||||||||||||||||||||
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 (Quarterly) | ||||||||||||||||||||||
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 |
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 |
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 |