Franklin Electric (NASDAQ:FELE) Releases FY 2025 Earnings Guidance

Franklin Electric (NASDAQ:FELE) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.050-4.250 for the period, compared to the consensus estimate of 4.290. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Franklin Electric Stock Down 0.9 %

Franklin Electric stock opened at $99.98 on Tuesday. The stock’s fifty day moving average is $99.39 and its two-hundred day moving average is $101.54. The stock has a market cap of $4.57 billion, a PE ratio of 25.31, a P/E/G ratio of 1.97 and a beta of 1.00. Franklin Electric has a 1-year low of $91.67 and a 1-year high of $111.94. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.40 and a quick ratio of 1.06.

Franklin Electric Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Thursday, February 6th will be issued a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 1.06%. This is an increase from Franklin Electric’s previous quarterly dividend of $0.25. The ex-dividend date is Thursday, February 6th. Franklin Electric’s dividend payout ratio is 26.84%.

Analysts Set New Price Targets

Separately, Robert W. Baird reduced their price target on shares of Franklin Electric from $107.00 to $105.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th.

Franklin Electric Company Profile

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.