Reading FELE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track FELE free→Reading FELE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track FELE free→NASDAQIndustrialsSpecialty Industrial MachinerySnapshot 2026-06-16
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral, and earnings quality is also neutral. Management's recent track record has been steady, and it has a capital-friendly stance. Risk is moderate, and the sector backdrop is a headwind, with performance compared to sector peers being typical. Peer multiples imply a price roughly in line with where it trades (about fair); the read is fair. The assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 8 valuation methods, at three horizons. Current price $103.53. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $104 FELE trades at 24× p/e, below its 24× p/e peer median. Our $106 fair value sits above the price; high confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 2% below a flat-multiple fair value, in line with our forecast of about 6%. This describes what's priced in, not a forecast of the move.
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 64% for the rest of the cohort, n=4882).
Over the trailing year it converted 1.45x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 60% for the rest of the cohort, n=4440).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $1.43 → $1.43 (+0.5% / 30d). 1 raised, 1 cut, 4 covering analysts.
0 upgrades, 0 downgrades / 30d. 40% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$113.
How much price usually moves either way.
On a bad day, this stock has moved -$221.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,818.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: A drop in operating margin may mean costs are rising or there are problems.
Confirms:Operating income margin was below 9.6% in Q2.
Disproves:Operating income margin was above 9.6% in Q2.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for FELE yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition On April 28, 2026, Franklin Electric Co., Inc. issued a press release announcing its earnings for the first quarter of 2026. A copy of the release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. This Current Report on Form 8-K and the press release attached hereto are being furnished pursuant to
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Roughly priced in line with peers.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Industrial Machinery & Supplies & Components.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
FELE Franklin Electric | Typical Show detailsSector percentile: 53 of 100 | fair | moderate |
PH Parker Hannifin | Above typical Show detailsSector percentile: 74 of 100 | full | moderate |
ITW Illinois Tool Works | Above typical Show detailsSector percentile: 89 of 100 | fair | moderate |
GWW W. W. Grainger | Above typical Show detailsSector percentile: 76 of 100 | full | moderate |
DOV Dover Corporation | Typical Show detailsSector percentile: 63 of 100 | fair | low |
3 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated stable grew net income 60% of the time over the next year (vs 59% for the rest of the cohort, n=792).
Not investment advice. As of 2026-06-16.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Finalize the acquisition of Piertek, Inc, Piertek III, LLC, and Vistar Water Technologies, Inc.
Focus on increasing revenue through strategic initiatives and acquisitions.
Enhance operating income through cost management and efficiency improvements.
Why it matters: A slowdown in revenue growth may show weaker demand or problems in execution.
Confirms:Q2 revenue growth reported below 10% year over year.
Disproves:Q2 revenue growth reported at or above 10% year over year.
Why it matters: Growth trends in the sector affect Franklin Electric's performance and future.
Confirms one read:Sector revenue growth speeds up to over 8% year over year.
Confirms the other:Sector revenue growth slows below 4% year over year.
Why it matters: These purchases could help Franklin Electric grow. They may also improve its market position.
Confirms:Watch for news that the three companies are now working well together.
Disproves:Watch for any delays or issues with the purchase or integration.
Why it matters: Lower EPS may show less profit and affect how investors feel.
Confirms:Q2 adjusted diluted EPS was below $0.83.
Disproves:Q2 adjusted diluted EPS exceeds $0.83.
Why it matters: Higher operating income means better cost control. This leads to more profit.
Confirms:Operating income is up more than 8% from Q1.
Disproves:Operating income decreases or grows less than 2% compared to Q1.
Regulation FD Disclosure On May 1, 2026, Franklin Electric Co., Inc. completed the acquisition of 100% of the equity interest in the following three operating companies for a combined purchase price of $50 million subject to working capital adjustments: – Piertek, Inc d/b/a Wood Bros Industries – Piertek III, LLC d/b/a Reverse Osmosis Superstore – Vistar Water Technologies, Inc The three combined entities are herein referred to as the Acquired Entity. The Acquired Entity is a wholesale suppli…
Results of Operations and Financial Condition On February 17, 2026, Franklin Electric Co., Inc. issued a press release announcing its earnings for the fourth quarter of 2025. A copy of the release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. This Current Report on Form 8-K and the press release attached hereto are being furnished pursuant to
Entry into a Material Definitive Agreement. As previously reported in a Form 8-K filed by Franklin Electric Co., Inc. on May 15, 2024, (the “May 8-K”), Franklin Electric Co., Inc. ("the Company”), and Franklin Electric B.V., a Netherlands private company with limited liability (“Franklin B.V”, and together with the Company, collectively, the “Borrowers”), entered into two Private Shelf Agreements (the “Private Shelf Agreements”) with the purchasers named therein (the “Purchasers”). On Septemb…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosure in response to