Is Franklin Electric the Next Stock to Add to Your Watchlist?
December 23, 2022
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Introducing Franklin Electric ($NASDAQ:FELE), a leading global provider of systems and components for the movement of water and fuel. Franklin Electric’s stock has been on a steady climb in recent years, with a steady increase in revenue and profits. The company has a diversified portfolio of products and services, and is well-positioned for long-term success.
Additionally, their commitment to sustainability and environmental stewardship have made them a leader in green initiatives. So should Franklin Electric be added to your watchlist? In short, it depends on your individual investment goals. If you’re looking for steady growth potential in a well-established company, then Franklin Electric may be a good option. On the other hand, if you’re looking for more aggressive growth potential, it may not be the best choice. Overall, Franklin Electric is a solid company with a proven track record of success. They have a diversified portfolio of products and services, and are committed to sustainability and environmental stewardship. Depending on your individual investment goals, Franklin Electric may be a good addition to your watchlist.
Price History
At the time of writing, news surrounding Franklin Electric Co. Inc. (FRANKLIN ELECTRIC) stock is mostly mixed. On Monday, FRANKLIN ELECTRIC opened at $79.6 and closed at $78.6, down by 1.1% from its prior closing price of 79.4. This could be a sign that investors may be worried about the company’s performance in the future.
This shows that the company is able to effectively use its capital to generate returns for shareholders. Despite the recent drop in stock price, the company has seen strong growth in earnings and has a low debt-to-equity ratio, which could make it an attractive investment option in the long run. Live Quote…
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 |
| 1.99k | 187.56 | 9.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Franklin Electric. More…
| Operations | Investing | Financing |
| 43.02 | -82.31 | 11.98 |
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 |
| 1.72k | 686.84 | 21.31 |
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 |
| 14.9% | 24.5% | 12.4% |
| FCF Margin | ROE | ROA |
| 0.2% | 15.3% | 9.0% |
VI Analysis
The VI app has made it easier to analyze the company’s financials and business aspects. VI Risk Rating has revealed that Franklin Electric is a medium risk investment. This means that investors should be aware of certain potential risks when considering investing in the company. The VI app provides a comprehensive overview of Franklin Electric’s business and financial areas, making it easy to identify any potential risks and make informed investment decisions. Investors can look into areas such as cash flow, debt, liquidity, and profitability, as well as review their financial statements and compare their performance relative to the industry. As well, they can check out how their competitors are performing, as well as any industry trends or changes in regulation that may be relevant. Overall, the VI app gives investors a great resource for understanding the long-term potential of Franklin Electric and making informed decisions about their investments. By registering with the vi.app, investors can gain access to all the necessary information to make informed decisions about their investments in Franklin Electric. More…
VI 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
Investing in Franklin Electric can be a great opportunity for those looking to diversify their portfolio. They have grown to become one of the largest suppliers of submersible electric motors and related drive systems in the world. Despite the current market conditions, Franklin Electric has been able to remain profitable and continue to grow their business. Franklin Electric’s stock has seen some ups and downs in the past year, but their share price has been generally trending upwards over the long-term. The company is expected to benefit from strong global demand for their products and services, as well as continued growth in emerging markets.
In addition, their commitment to innovation and technological development should help them maintain their competitive edge over the long-term. For those looking to invest in Franklin Electric, it is important to take into account not just the current market conditions, but also the company’s long-term prospects. The company has a healthy balance sheet and plenty of cash on hand to weather any economic downturns. Also, the company’s strong presence in emerging markets should provide them with a steady stream of growth opportunities in the near future. Overall, Franklin Electric is a solid stock pick for investors who like to diversify their portfolio. The company’s long history of success, commitment to innovation and strong financials make it a great stock to add to any watchlist. With the right research and analysis, investors can make an informed decision on whether or not to add Franklin Electric to their portfolio.
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