Franklin Electric Stock Fair Value – Franklin Electric to Announce Quarterly Earnings on October 29th, Register for Conference Call Now!
October 25, 2024
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Franklin Electric ($NASDAQ:FELE) is a global leader in the production and distribution of water and fuel pumping systems, serving a wide range of industries including residential, commercial, agriculture, and mining. As a publicly traded company, Franklin Electric regularly announces its quarterly earnings to keep shareholders and investors informed about its financial performance. And with the upcoming earnings release on October 29th, the company is inviting interested parties to register for its conference call at 8:00 AM EST. This call will provide further insights into the company’s financial results and future outlook. Investors and analysts alike are eagerly anticipating the quarterly earnings report as it will provide valuable information about the company’s growth and profitability. As the market opens on Tuesday, October 29th, Franklin Electric’s earnings announcement can have a significant impact on its stock price. With its strong reputation for delivering high-quality products and services, Franklin Electric has consistently shown solid financial results over the years.
This impressive growth can be attributed to its strong global presence and ongoing investments in research and development. In addition to its financial performance, investors will also be interested in hearing about Franklin Electric’s plans for future growth and expansion. The company has recently made strategic acquisitions and partnerships to further enhance its product offerings and increase its market share. This conference call will be an excellent opportunity for shareholders to gain insights into the company’s future strategies. By registering for the conference call on October 29th at 8:00 AM EST, stakeholders can stay informed about the company’s financial performance and future prospects. As always, Franklin Electric remains committed to delivering value to its customers and shareholders through its continuous innovation and strong financial performance.
Earnings
This report will cover the period of October 1st to December 31st of 2021. Investors, stakeholders, and interested parties are encouraged to register for the conference call now in order to gain valuable insights into the company’s financial performance. According to the last quarterly earnings report, FRANKLIN ELECTRIC recorded a total revenue of 432.52M USD and a net income of 40.67M USD. This represents an 11.6% decrease in total revenue compared to the previous year, but a 2.8% increase in net income. These numbers reflect the company’s financial performance during the specified quarter and provide valuable information for investors and stakeholders. Furthermore, it is worth noting that FRANKLIN ELECTRIC’s total revenue has steadily increased over the past three years.
In the last quarter, their total revenue reached 472.97M USD, showing a steady growth trend for the company. This is a positive indication of the company’s financial stability and potential for future growth. As the conference call approaches, investors and stakeholders are encouraged to register in order to have a better understanding of FRANKLIN ELECTRIC’s quarterly earnings and gain insights into the company’s financial strategies and outlook. The conference call will be an opportunity to ask questions and receive important updates directly from the company’s leadership team.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Franklin Electric. More…
| Total Revenues | Net Income | Net Margin |
| 2.07k | 193.27 | 9.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Franklin Electric. More…
| Operations | Investing | Financing |
| 315.71 | -74.29 | -192.19 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Franklin Electric. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.73k | 517.83 | 26.21 |
Key Ratios Snapshot
Some of the financial key ratios for Franklin Electric are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.3% | 25.6% | 12.3% |
| FCF Margin | ROE | ROA |
| 13.3% | 13.3% | 9.2% |
Share Price
Franklin Electric, a renowned global leader in the manufacturing and distribution of water and fuel pumping systems, is set to announce its quarterly earnings on October 29th. As anticipation builds up for this update, investors and stakeholders are encouraged to register for the conference call now. The company’s stock opened at $103.39 on Tuesday, but closed at $102.4, experiencing a decrease of 1.3% from its previous closing price of 103.75. This slight dip in stock value is likely due to the uncertainty surrounding the upcoming earnings report. Investors and stakeholders are eagerly waiting to hear the financial results of Franklin Electric’s third quarter, as it will give insight into the company’s performance and potential future growth. By registering for the conference call, investors and stakeholders will have the chance to gain a deeper understanding of Franklin Electric’s financial standing and its strategic plans moving forward.
The call will also include a question and answer session, giving participants the chance to address any queries or concerns they may have. Franklin Electric has a strong track record of delivering consistent and impressive earnings, and this upcoming announcement is highly anticipated by both the market and its stakeholders. With its commitment to innovation, customer satisfaction, and overall growth, the company continues to be a top performer in its industry. Don’t miss out on the opportunity to hear firsthand about Franklin Electric’s financial results and future plans. Live Quote…
Analysis – Franklin Electric Stock Fair Value
After conducting a thorough analysis of FRANKLIN ELECTRIC‘s overall welfare, we at GoodWhale have determined that the fair value of the company’s share is approximately $97.4. This valuation was calculated using our proprietary Valuation Line, which takes into account various financial metrics and market trends. Currently, FRANKLIN ELECTRIC’s stock is being traded at $102.4. This means that the stock is currently overvalued by 5.2% based on our fair value estimate. While this may not seem like a significant difference, it is important for investors to be aware of any discrepancies between a stock’s market price and its fair value. It is also worth noting that our valuation takes into consideration the overall welfare of the company, not just its current stock price. We believe that FRANKLIN ELECTRIC has a strong financial standing and positive market trends that support our fair value estimate. Therefore, we would advise investors to exercise caution when considering purchasing FRANKLIN ELECTRIC’s stock at its current price. It may be wise to wait for the stock to align more closely with our fair value estimate before making any investment decisions. As always, we recommend conducting thorough research and consulting with a financial advisor before making any investment decisions. More…
Peers
Franklin Electric Co. Inc. is an American manufacturer of submersible motors, pumps, and control systems. The company operates in three segments: Water Systems, Fueling Systems, and Industrial Systems. The Water Systems segment provides submersible motors, pumps, and control systems for residential, farm, commercial, and industrial water applications. The Fueling Systems segment offers submersible pumps and motors for fueling applications, such as petrol stations and aviation refueling. The Industrial Systems segment provides submersible motors and pumps for a variety of industries, including chemical, oil and gas, mining, and water and wastewater treatment. The company’s competitors include JE Cleantech Holdings Ltd, KenMec Mechanical Engineering Co Ltd, and Siasun Robot & Automation Co Ltd.
– JE Cleantech Holdings Ltd ($NASDAQ:JCSE)
JE Cleantech Holdings Ltd is a solar energy company that designs, develops, manufactures, and sells solar photovoltaic modules and systems. The company has a market cap of 12.09M as of 2022 and a return on equity of -2.6%. JE Cleantech Holdings Ltd is headquartered in Hong Kong.
– KenMec Mechanical Engineering Co Ltd ($TPEX:6125)
KenMec Mechanical Engineering Co Ltd has a market cap of 5.89B as of 2022. Its Return on Equity is -5.05%. The company is engaged in the manufacturing of mechanical and electrical products. Its products include electric motors, generators, pumps, compressors, fans, and other mechanical products.
– Siasun Robot & Automation Co Ltd ($SZSE:300024)
Siasun Robot & Automation Co Ltd is a Chinese company that manufactures robots and automation equipment. The company has a market cap of 14.22B as of 2022 and a return on equity of -7.76%. The company’s products are used in a variety of industries, including automotive, electronics, food and beverage, and pharmaceuticals.
Summary
Franklin Electric is set to release its quarterly earnings on Tuesday, October 29. This will provide investors with important insights into the company’s financial performance and future prospects. It is recommended to register for the conference call, as it can offer valuable information on the company’s performance and outlook from its management team. Investors should pay attention to key metrics such as revenue, earnings growth, and guidance for the upcoming quarter.
They should also monitor any developments or initiatives that could potentially impact the company’s stock price. Careful analysis of the earnings report and accompanying conference call can help investors make informed decisions about their investments in Franklin Electric.
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