Franklin Electric Co Inc (FELE) Files 10-K for the Fiscal Year Ended on December 31, 2018

Franklin Electric Co Inc (FELE, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Franklin Electric Co Inc along with its subsidiaries designs manufactures and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls and related parts and equipment. Franklin Electric Co Inc has a market cap of $2.51 billion; its shares were traded at around $53.77 with a P/E ratio of 24.13 and P/S ratio of 1.98. The dividend yield of Franklin Electric Co Inc stocks is 0.94%. Franklin Electric Co Inc had annual average EBITDA growth of 6.50% over the past ten years.

For the last quarter Franklin Electric Co Inc reported a revenue of $316.7 million, compared with the revenue of $288.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.3 billion, an increase of 15.4% from last year. For the last five years Franklin Electric Co Inc had an average revenue growth rate of 5% a year.

The reported diluted earnings per share was $2.23 for the year, an increase of 35.2% from previous year. Over the last five years Franklin Electric Co Inc had an EPS growth rate of 5.8% a year. The Franklin Electric Co Inc had a decent operating margin of 10.3%, compared with the operating margin of 9.89% a year before. The 10-year historical median operating margin of Franklin Electric Co Inc is 10.72%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Franklin Electric Co Inc has the cash and cash equivalents of $59.2 million, compared with $67.2 million in the previous year. The long term debt was $94.4 million, compared with $125.6 million in the previous year. The interest coverage to the debt is at a comfortable level of 13.6. Franklin Electric Co Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $53.77, Franklin Electric Co Inc is traded at 22.1% premium to its historical median P/S valuation band of $44.03. The P/S ratio of the stock is 1.98, while the historical median P/S ratio is 1.60. The stock gained 33.10% during the past 12 months.

CFO Recent Trades:

  • Vice President and CFO John J Haines sold 4,000 shares of FELE stock on 02/21/2019 at the average price of $55.18. The price of the stock has decreased by 2.56% since.

Directors and Officers Recent Trades:

  • Director Thomas R Verhage sold 2,000 shares of FELE stock on 02/25/2019 at the average price of $55.21. The price of the stock has decreased by 2.61% since.

For the complete 20-year historical financial data of FELE, click here.