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

Franklin Electric (NASDAQ:FELE) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 4.050-4.250 for the period, compared to the consensus EPS 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 Trading Down 0.9 %

Shares of FELE stock opened at $99.98 on Tuesday. Franklin Electric has a twelve month low of $91.67 and a twelve month high of $111.94. The stock’s fifty day simple moving average is $99.39 and its 200 day simple moving average is $101.54. The company has a quick ratio of 1.06, a current ratio of 2.40 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $4.57 billion, a P/E ratio of 25.31, a P/E/G ratio of 1.97 and a beta of 1.00.

Franklin Electric Increases Dividend

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

Analysts Set New Price Targets

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

About Franklin Electric

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.