Franklin Electric (FELE) Scheduled to Post Quarterly Earnings on Monday

Franklin Electric (NASDAQ:FELE) is scheduled to be releasing its earnings data 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 $44.45 on Friday. Franklin Electric has a fifty-two week low of $36.00 and a fifty-two week high of $47.20. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.35 and a quick ratio of 1.13. The firm has a market cap of $2,054.91, a price-to-earnings ratio of 23.90 and a beta of 1.53.

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Thursday, February 1st were issued a $0.108 dividend. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend was Wednesday, January 31st. Franklin Electric’s dividend payout ratio (DPR) is presently 23.12%.

A number of research firms recently weighed in on FELE. Zacks Investment Research raised shares of Franklin Electric from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Tuesday, January 16th. Seaport Global Securities reissued a “neutral” rating on shares of Franklin Electric in a report on Wednesday, October 25th. BidaskClub lowered shares of Franklin Electric from a “hold” rating to a “sell” rating in a research note on Friday, December 22nd. Boenning Scattergood reaffirmed a “buy” rating on shares of Franklin Electric in a research note on Tuesday, October 24th. Finally, Robert W. Baird lifted their price objective on shares of Franklin Electric from $45.00 to $47.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Franklin Electric currently has a consensus rating of “Hold” and an average price target of $50.00.

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Franklin Electric Company Profile

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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