Franklin Electric (FELE) to Release Earnings on Tuesday

by · The Markets Daily

Franklin Electric (NASDAQ:FELE – Get Free Report) is scheduled to release its earnings data before the market opens on Tuesday, October 29th. Analysts expect Franklin Electric to post earnings of $1.30 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Franklin Electric Stock Down 0.3 %

Shares of NASDAQ FELE opened at $101.60 on Monday. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 25.27, a price-to-earnings-growth ratio of 2.02 and a beta of 0.95. The company’s 50-day simple moving average is $101.94 and its 200-day simple moving average is $100.22. The company has a quick ratio of 1.14, a current ratio of 2.65 and a debt-to-equity ratio of 0.07. Franklin Electric has a 52-week low of $83.71 and a 52-week high of $108.39.

Insider Buying and Selling

In other Franklin Electric news, insider Gregg C. Sengstack sold 5,396 shares of the stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $106.64, for a total transaction of $575,429.44. Following the completion of the transaction, the insider now owns 98,093 shares of the company’s stock, valued at $10,460,637.52. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.72% of the stock is currently owned by insiders.

Franklin Electric Company Profile

(Get Free Report)

Franklin Electric Co, Inc, together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment.

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