Franklin Electric (FELE) Scheduled to Post Earnings on Monday

Franklin Electric (NASDAQ:FELE) will post its quarterly earnings results on Monday, February 19th. Analysts expect Franklin Electric to post earnings of $0.44 per share for the quarter.

Franklin Electric (NASDAQ FELE) opened at $41.65 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.13 and a current ratio of 2.35. The company has a market capitalization of $1,940.77, a P/E ratio of 22.39 and a beta of 1.53. Franklin Electric has a twelve month low of $36.00 and a twelve month high of $47.20.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be issued a dividend of $0.108 per share. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $0.43 dividend on an annualized basis and a dividend yield of 1.04%. Franklin Electric’s dividend payout ratio is presently 23.12%.

A number of equities analysts recently commented on the company. BidaskClub downgraded Franklin Electric from a “sell” rating to a “strong sell” rating in a report on Wednesday, January 31st. Zacks Investment Research downgraded Franklin Electric from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. Seaport Global Securities reiterated a “neutral” rating on shares of Franklin Electric in a report on Wednesday, October 25th. Robert W. Baird increased their price objective on Franklin Electric from $45.00 to $47.00 and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Finally, Boenning Scattergood reiterated a “buy” rating on shares of Franklin Electric in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $50.00.

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About Franklin Electric

Franklin Electric Co, Inc designs, manufactures and distributes water and fuel pumping systems, consisting of submersible motors, pumps, electronic controls and related parts and equipment. Its segments include Water Systems segment, the Fueling Systems segment and Other. Its Water Systems segment is engaged in the production and marketing of water pumping systems and offers motors, pumps, drives, electronic controls and monitoring devices.

Earnings History for Franklin Electric (NASDAQ:FELE)

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