How to Buy Franklin Electric Co Stock
Franklin Electric Co Inc
Franklin Electric Co. , Inc. , together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide.
Franklin Electric Co stock last closed at $97.60, up 1.38% from the previous day, and has increased 7.81% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.18 percentage points. Franklin Electric Co stock is currently +18.15% from its 52-week low of $82.61, and -9.54% from its 52-week high of $107.89.
At the moment, there are 46.08M shares of FELE outstanding. The market value of FELE is $4.50B. In the last 24 hours, 259,911 FELE shares were traded.
How to Buy Franklin Electric Co Stock
Not sure how to invest in Franklin Electric Co stock? Here's how.
- Figure out where to buy Franklin Electric Co stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Franklin Electric Co stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your details.
- Research Franklin Electric Co stock: The Franklin Electric Co ticker symbol is FELE. Is Franklin Electric Co stock a good investment? Should you buy shares of FELE? How do FELE's underlying business fundamentals look? Do top analysts think Franklin Electric Co is a good buy? Why has FELE's stock price moved recently? (Hint: Our stock market research tools can help you decide if FELE is a good stock to buy).
- Make your FELE purchase: Decide if you will purchase FELE shares at the current market price or use a limit order to buy FELE stock at a particular price.
- Keep tabs on your investment in FELE: Create a watchlist to keep tabs on your new investment in Franklin Electric Co shares.
Step 1: Figure out where to buy Franklin Electric Co stock
You will need an online brokerage account in order to access the NASDAQ market and buy FELE shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global markets: From Technology to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you can invest in FELE today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on the best stock trading app, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing funds into your brokerage account.
Step 4: Research Franklin Electric Co stock
Once you have figured out the best place to buy Franklin Electric Co stock, it's critical to evaluate their stock prior to investing, so you can wrap your head around the risk and opportunity.
Franklin Electric Co shares quick numbers
FELE Fundamentals
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FELE's stock page.
Is FELE stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge FELE's true value.
Using relative valuations measures:
- FELE may be undervalued based on its P/E ratio of 23.92x, relative to Specialty Industrial Machinery industry P/E ratio of 31.72x
- FELE could be undervalued based on its P/B ratio of 3.69x, relative to Specialty Industrial Machinery industry P/B ratio of 5.04x
- FELE could be overvalued based on its PEG ratio of 2.13x
You can access additional valuation analysis on FELE's stock here.
Is FELE a healthy company?
Signs that FELE is financially healthy:
- Total FELE debt is lower than 5 years ago, relative to shareholder equity.
- FELE earnings of $245.46M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the FELE balance sheet.
- FELE's operating cash flow of $326.37M allows it to safely service it's debt of $171.48M.
- There are more short-term assets than long-term liabilities on the FELE balance sheet.
Signs that FELE is not financially healthy:
- FELE has a relatively high debt to equity ratio of 0.45.
- FELE profit margin has gone down from 9.4% to 9.3% in the past year.
Is it a good time to buy FELE stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who monitor FELE, the consensus analyst rating on Franklin Electric Co is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Franklin Electric Co stock forecast page.
FELE Trading Indicators
FELE Earnings
Last year, FELE earnings were $188.91M. During the last five year, FELE's earnings have gone up by 15.44% per year. This was faster than the Specialty Industrial Machinery industry average of -0.71%.
Last year, FELE revenue was $2.04B. Over the past five year, FELE's revenue has grown by 9.56% per year. This was faster than the Specialty Industrial Machinery industry average of 3.88%.
Dig into FELE's earnings and revenue performance here.
What are FELE insiders up to?
In the last year, insiders at FELE have bought more shares than they have sold.
Delancey W. Davis, President Headwater Companies of FELE, was the latest FELE insider to sell. They sold $159,509.37 worth of FELE stock on Apr 18, 2024.
Learn more about who owns FELE shares here.
Does FELE stock generate passive income?
Franklin Electric Co pays a dividend of 1.2%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.31%. If you owned $1,000 of FELE stock, you would have received $12.04 in the past year.
Franklin Electric Co dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Franklin Electric Co dividend yield and history here.
What others are saying about FELE
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your FELE purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open Trade button and eToro will place the order.
If you need additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in FELE
Now that you own some FELE shares, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to keep tabs on your FELE stock.
FELE Feed
How to Buy Stock in Franklin Electric Co
To summarize, here are the 6 steps you need to take to buy Franklin Electric Co stock right now:
- Figure out where to buy Franklin Electric Co stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Franklin Electric Co stock
- Make your FELE purchase
- Keep tabs on your investment in FELE
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Franklin Electric Co, click below.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.