(FELE) Franklin Electric - Ratings and Ratios

Franklin Electric Co., Inc. is a leading global provider of water and fuel pumping systems, operating across multiple segments, including Water Systems, Energy Systems, and Distribution. The companys diverse product portfolio includes motors, pumps, water treatment systems, monitoring devices, and related parts and equipment, catering to various applications in residential, agricultural, municipal, and industrial sectors.

The Water Systems segment is a significant contributor, offering a range of products that control functionality and provide protection from hazards such as electrical surges and dry wells. The Energy Systems segment produces and markets components for energy system applications, including submersible pumps, station hardware, and corrosion control systems, serving other energy markets like power reliability systems. The Distribution segment provides presale support and specifications to installing contractors, selling products to various distributors, oil and utility companies, and original equipment manufacturers.

From a technical analysis perspective, FELEs stock price is currently at $86.54, below its 20-day and 50-day simple moving averages (SMA) of $87.29 and $88.04, respectively, indicating a potential short-term downtrend. However, the Average True Range (ATR) of 2.15 suggests a relatively stable volatility profile. Considering the 52-week high and low of $109.77 and $83.95, respectively, the stock is currently near its lower end, potentially indicating a buying opportunity.

Fundamentally, Franklin Electric Co., Inc. has a market capitalization of $3.86 billion, with a price-to-earnings (P/E) ratio of 22.12 and a forward P/E of 20.45, suggesting a relatively reasonable valuation. The return on equity (RoE) of 14.10% indicates a decent level of profitability. By combining technical and fundamental data, a potential forecast could be that FELEs stock price may experience a rebound in the short term, driven by its relatively stable volatility profile and reasonable valuation. If the company continues to demonstrate strong profitability, the stock price could potentially reach its 50-day SMA of $88.04 in the near term, with a possible longer-term target of $97.88, its 200-day SMA.