Franklin Electric Co Stock Price on March 4, 2024

FELE Stock  USD 98.37  0.35  0.35%   
Below is the normalized historical share price chart for Franklin Electric Co extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Franklin Electric stands at 98.37, as last reported on the 22nd of December, with the highest price reaching 99.92 and the lowest price hitting 97.30 during the day.
IPO Date
26th of March 1990
200 Day MA
101.5421
50 Day MA
104.8402
Beta
0.955
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Franklin Stock, it is important to understand the factors that can impact its price. Franklin Electric secures Sharpe Ratio (or Efficiency) of -0.0243, which denotes the company had a -0.0243% return per unit of standard deviation over the last 3 months. Franklin Electric Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Electric's Coefficient Of Variation of (2,851), standard deviation of 1.81, and Mean Deviation of 1.1 to check the risk estimate we provide.
  
At present, Franklin Electric's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 362 M, whereas Common Stock Total Equity is forecasted to decline to about 3 M. . At present, Franklin Electric's Price To Operating Cash Flows Ratio is projected to increase based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 22.51, whereas Price Earnings Ratio is forecasted to decline to 15.08. Franklin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0243

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Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Franklin Electric is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin Electric by adding Franklin Electric to a well-diversified portfolio.
Price Book
3.5401
Enterprise Value Ebitda
15.1653
Price Sales
2.2376
Shares Float
39.4 M
Dividend Share
0.975

Related Headline

ITT Headline on 4th of March 2024

Filed transaction by ITT Inc Officer: Vice President & Cao. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Franklin Electric Valuation on March 4, 2024

It is possible to determine the worth of Franklin Electric on a given historical date. On March 4, 2024 Franklin was worth 103.38 at the beginning of the trading date compared to the closed value of 103.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Electric stock. Still, in general, we apply an absolute valuation method to find Franklin Electric's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Franklin Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Electric's related companies.
 Open High Low Close Volume
  103.42    104.36    102.66    103.18    231,206  
03/04/2024
  103.38    104.54    102.78    103.44    139,576  
  102.91    103.89    100.64    101.41    136,832  
Backtest Franklin Electric  |  Franklin Electric History  |  Franklin Electric Valuation   PreviousNext  
Open Value
103.38
103.44
Closing Value
108.82
Upside

Franklin Electric Trading Date Momentum on March 4, 2024

On March 05 2024 Franklin Electric Co was traded for  101.41  at the closing time. The top price for the day was 103.89  and the lowest listed price was  100.64 . The trading volume for the day was 136.8 K. The trading history from March 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.96% . The overall trading delta against the current closing price is 3.04% .

Franklin Electric Fundamentals Correlations and Trends

By evaluating Franklin Electric's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Franklin Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Franklin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Franklin Electric Stock history

Franklin Electric investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin Electric will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin Electric stock prices may prove useful in developing a viable investing in Franklin Electric
Last ReportedProjected for Next Year
Common Stock Shares Outstanding46.9 M38.5 M
Net Income Applicable To Common Shares215.4 M226.2 M

Franklin Electric Quarterly Net Working Capital

549.32 Million

Franklin Electric Stock Technical Analysis

Franklin Electric technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Franklin Electric technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Electric trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Franklin Electric Period Price Range

Low
December 22, 2024
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High

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Franklin Electric December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Franklin Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Electric shares will generate the highest return on investment. By undertsting and applying Franklin Electric stock market strength indicators, traders can identify Franklin Electric Co entry and exit signals to maximize returns

Franklin Electric Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Franklin Electric's price direction in advance. Along with the technical and fundamental analysis of Franklin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Franklin Stock analysis

When running Franklin Electric's price analysis, check to measure Franklin Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Electric is operating at the current time. Most of Franklin Electric's value examination focuses on studying past and present price action to predict the probability of Franklin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Electric's price. Additionally, you may evaluate how the addition of Franklin Electric to your portfolios can decrease your overall portfolio volatility.
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