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Stock impact report

Franklin Electric: Opinion Unchanged, Not Cheap Enough [Seeking Alpha]

Franklin Electric Co., Inc. (FELE) 
Last franklin electric co., inc. earnings: 4/28 08:00 am Check Earnings Report
Company Research Source: Seeking Alpha
FELE's revenue grew 9.5% year-over-year, led by Water Systems and supported by acquisitions, pricing, and volume gains. Profitability was mixed: operating income and EBITDA improved, but net income fell due to a pension settlement loss. Management guides for continued top-line and EPS growth, with organic investment and innovation, but macroeconomic risks temper enthusiasm. Justin Paget/DigitalVision via Getty Images I always love companies that exhibit attractive growth. But growth alone is not enough to justify a bullish outlook. That's why, back in September of this year, I called Franklin Electric Co., Inc. ( FELE ) a "Hold" candidate as More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and Show less Read more
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