Franklin Electric Co Inc (NASDAQ: FELE) has reported E.P.S. of $1.19 for its third fiscal quarter (ending September 30) versus $1.25 for the same period a year ago — a decline of -5%. E.P.S. were $4.01 for the latest four quarters through September 30 versus $4.19 for the same period a year ago — a decline of -4%.
Recent Price Action
Franklin Electric Co Inc (NASDAQ: FELE) stock suffered a large decline of -6.3% on 10/29/24. The stock closed at $96.09. Moreover, this decline was accompanied by unusually high trading volume at 166% of normal. The stock has declined -7.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FELE is expected to continue to be an important Value Builder.
Franklin Electric has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Franklin Electric has a poor Appreciation Score of 28 but a neutral Power Rating of 57, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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