Franklin Electric (NAS: FELE) filed its 10-K on Feb. 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Franklin Electric missed slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share grew significantly.
Gross margins increased, operating margins shrank, net margins improved.
Franklin Electric booked revenue of $187.2 million. The one analyst polled by S&P Capital IQ predicted revenue of $190.7 million on the same basis. GAAP reported sales were 7.0% higher than the prior-year quarter's $175.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.50. The two earnings estimates compiled by S&P Capital IQ predicted $0.49 per share on the same basis. GAAP EPS of $0.49 for Q4 were 44% higher than the prior-year quarter's $0.34 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 32.5%, 80 basis points better than the prior-year quarter. Operating margin was 8.5%, 150 basis points worse than the prior-year quarter. Net margin was 6.2%, 160 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $197.3 million. On the bottom line, the average EPS estimate is $0.52.
Next year's average estimate for revenue is $875.0 million. The average EPS estimate is $2.92.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 56 members out of 70 rating the stock outperform, and 14 members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 15 give Franklin Electric a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Franklin Electric is hold, with an average price target of $50.00.
Over the decades, small-cap stocks like Franklin Electric have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
Add Franklin Electric to My Watchlist.
At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.