A.O. Smith (AOS) Tops Q2 Earnings, Lags Revenues; View Up
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 8:40AM CDT
A.O. Smith Corp. (AOS) maintained its earnings streak in second-quarter 2016, with earnings per share of 98 cents surpassing the Zacks Consensus Estimate of 91 cents by 7.8%.
FELE: 38.43 (-0.29), ENS: 62.60 (+0.25), AOS: 92.88 (-0.01)
Franklin Electric Reports Second Quarter 2016 Sales and Earnings
GlobeNewswire - Tue Jul 26, 7:01AM CDT
Franklin Electric Co., Inc. (NASDAQ:FELE) reported second quarter 2016 GAAP fully diluted earnings per share (EPS) of $0.50, versus a GAAP fully diluted EPS in the second quarter 2015 of $0.33, an increase of 52 percent. In the second quarter of 2016, the Company's adjusted EPS was $0.51 compared to 2015 second quarter adjusted EPS of $0.35, a 46 percent increase (see table below for a reconciliation of GAAP EPS to the adjusted EPS).
FELE: 38.43 (-0.29)
Franklin Electric Declares Payment of Quarterly Cash Dividend
GlobeNewswire - Mon Jul 25, 9:17AM CDT
Gregg C. Sengstack, Chairman of the Board and Chief Executive Officer of Franklin Electric Co., Inc. (NASDAQ:FELE), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share payable August 18, 2016 to shareowners of record on August 4, 2016.
FELE: 38.43 (-0.29)
New Franklin Electric 'Connect' Family of Variable Frequency Drives Offer Enhanced Features & Capabilities
Marketwire Canada - Mon Jul 25, 9:15AM CDT
FORT WAYNE, IN--(Marketwired - Jul 25, 2016) - Franklin Electric Co., Inc. (www.franklin-electric.com) (NASDAQ: FELE) introduces the new SubDrive Connect and MonoDrive Connect family of variable frequency drives that provide constant water pressure throughout the chosen location. The family incorporates the new 5 hp SubDrive50 Connect model -- which is the only constant pressure drive of its type that will run a 3 hp, single-phase motor -- and the inclusion of the standard Enhanced Features software package. The new Enhanced Features package includes an analog pressure transducer with user selectable set point, moisture (or wet floor) sensor, and system run and fault relays. Utilizing the innovative FE Connect Wi-Fi app, contractors also benefit from the advantages of drawdown, an auxiliary control input, and the built-in duplex alternator. The end result is a drive platform that optimizes system performance, delivers more precise pressure and system diagnostics on screen, simplifies lead-lag installation, and provides contractor peace of mind.
FELE: 38.43 (-0.29)
Electrical Stocks Jul 26 Earnings Roster: AOS, HUBB, FELE
Zacks Equity Research - Zacks Investment Research - Mon Jul 25, 6:16AM CDT
Within Industrial Products, we take a look at how a few major electrical companies are positioned ahead of their second-quarter quarterly release on Jul 26.
FELE: 38.43 (-0.29), HUBB: 105.75 (-2.08), AOS: 92.88 (-0.01)
Watch for Franklin Electric to Potentially Pullback After Gaining 3.30% Yesterday
Comtex SmarTrend(R) - Wed Jul 13, 1:45PM CDT
Franklin Electric (NASDAQ:FELE) traded in a range yesterday that spanned from a low of $36.52 to a high of $37.88. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $36.63 on volume of 380,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FELE: 38.43 (-0.29)
Franklin Electric's Innovative Fhoton(TM) SolarPAK System Provides Modular, Cost-Effective Solar Water Pumping
Marketwire Canada - Wed Jul 06, 8:00AM CDT
FORT WAYNE, IN--(Marketwired - Jul 6, 2016) - Franklin Electric Co., Inc. (NASDAQ: FELE) announces the official launch of the new Fhoton™ SolarPAK System, which utilizes Franklin's proven solar technology with the new Fhoton solar controller. The Fhoton SolarPAK System features a Franklin Electric submersible pump and motor, and the Fhoton solar controller in one package. When used with solar panels to power the pump and motor, the system draws groundwater to the surface for a variety of uses. The system is an ideal choice for remote or "off grid" areas where delivering water is impractical due to the availability of electricity or for homeowners that simply want to conserve energy. The catalyst behind this new system, the Fhoton solar controller, features a compact modular design, providing installation flexibility for the contractor. For added durability, it touts a robust IP66, NEMA 4 enclosure that protects against wildlife, insects, dust, and weather. The controller includes diagnostic features and built-in protection from potential harmful conditions, such as: surge, underload (dry run), overvoltage, locked pump, open and short circuit, overheated controller, and reverse polarity.
FELE: 38.43 (-0.29)
Uptrend Call Working As Franklin Electric Stock Rises 27.3% (FELE)
Comtex SmarTrend(R) - Fri Jun 24, 1:10AM CDT
SmarTrend identified an Uptrend for Franklin Electric (NASDAQ:FELE) on February 4th, 2016 at $27.79. In approximately 5 months, Franklin Electric has returned 27.30% as of today's recent price of $35.37.
FELE: 38.43 (-0.29)
New Little Giant(R) VCC-20-P Series Provides Solution for Limited Space Installations
Marketwire Canada - Thu Jun 09, 8:00AM CDT
FORT WAYNE, IN--(Marketwired - Jun 9, 2016) - Franklin Electric Co., Inc. (NASDAQ: FELE) offers the new Little Giant® VCC-20-P Series designed for automatic collection and removal of condensate from air conditioning, refrigeration, and dehumidification equipment installed in air handling and plenum applications. Common applications include office buildings, manufacturing facilities, schools, hospitals, or any other commercial limited space installation where gravity drainage is impractical. The VCC-20-P Series is constructed with plastics that have been tested by Underwriters Laboratories to meet the requirements of UL Standard 2043 "Fire Test for Heat and Visible Smoke Release of Discrete Products and Their Accessories Installed in Air Handling Spaces." UL Standard 2043 is a fire test method for determining the fire performance response of discrete products intended to be installed in air handling spaces, such as above suspended ceilings or below floors.
FELE: 38.43 (-0.29)
Franklin Electric's DeLancey Davis Named to Hydraulic Institute's Board of Directors
Marketwired - Wed Jun 08, 8:00AM CDT
FORT WAYNE, IN--(Marketwired - Jun 8, 2016) - Franklin Electric Co., Inc. (NASDAQ: FELE) announces DeLancey Davis, Franklin Electric Vice President and President of North America Water Systems, has been appointed to the Hydraulic Institute's 2016-2019 Board of Directors. The Board is primarily responsible for guiding the strategic direction and defining the organizational priorities for the Hydraulic Institute -- the global authority on pumps and pumping systems.
FELE: 38.43 (-0.29)
How Franklin Electric (FELE) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Thu May 26, 8:36AM CDT
Franklin Electric (FELE) looks like an interesting choice for investors, as it is seeing solid estimate revisions and belongs to a great industry.
FELE: 38.43 (-0.29)
Emerson Rehabilitates Longview Power Plant with Ovation
Zacks Equity Research - Zacks Investment Research - Wed May 18, 10:26AM CDT
Emerson (EMR) completed the rehabilitation of Longview Power's 700-megawatt power plant in West Virginia in record time.
FELE: 38.43 (-0.29), EMR: 55.50 (-0.40), ESE: 43.03 (+0.68), POWL: 36.49 (-0.35)
Emerson to Use 3D Printing for Manufacturing Process Valves
Zacks Equity Research - Zacks Investment Research - Tue May 17, 4:21PM CDT
Emerson (EMR) collaborates with Nanyang Technological University for manufacturing industrial control valves using 3D printing methods.
PPSI: 5.66 (-0.28), FELE: 38.43 (-0.29), EMR: 55.50 (-0.40), ESE: 43.03 (+0.68)
ABB Software to Boost the National Grid Power Network in US
Zacks Equity Research - Zacks Investment Research - Thu May 12, 8:15AM CDT
ABB Ltd. (ABB) recently announced plans to provide innovative software to boost the proficiency of the National Grid USA power network that serves New York and Massachusetts.
ABB: 21.06 (-0.19), PLUG: 1.79 (unch), FELE: 38.43 (-0.29), ESE: 43.03 (+0.68)
ABB Expands Robotics Capabilities with SVIA Acquisition
Zacks Equity Research - Zacks Investment Research - Wed May 11, 8:27AM CDT
ABB Ltd. (ABB) acquired SVIA, a leading player in the market of robot automation cells for machine tending.
ABB: 21.06 (-0.19), PLUG: 1.79 (unch), FELE: 38.43 (-0.29), ESE: 43.03 (+0.68)