David Wathen - Franklin Electric Independent Director

FELE Stock  USD 102.05  0.61  0.60%   

Director

Mr. David M. Wathen is the Lead Independent Director of Franklin Electric Co Inc. Mr. Wathen is an Independent Director of Franklin Electric Co Inc. He was President and Chief Executive Officer of TriMas Corporationrationration, a manufacturer of engineered products, from 20092016 prior thereto, President and Chief Executive Officer, Balfour Beatty, Inc., an engineering, construction and building management services company, from 20022006 prior thereto, Group ExecutiveCorporationrate Officer, Eaton Corporationrationration, a global technology leader in diversified power management solutions, from 19972000. Mr. Wathen received his bachelor degree in mechanical engineering from Purdue University and his MBA from Saint Francis College, Fort Wayne, Indiana since 2017.
Age 65
Tenure 7 years
Address 9255 Coverdale Road, Fort Wayne, IN, United States, 46809
Phone260 824 2900
Webhttps://www.franklin-electric.com
Wathen brings to the Board his experience as CEO of two companies and leadership positions in others, including over twenty years direct technical and general management experience in the same industry as the Company and direct experience managing electrical businesses serving pump OEMs and distributor channels similar to those served by the Company. His background enables him to serve as an "audit committee financial expert". His experience on the Board of the Company also helps give the Board a historical perspective in its deliberations.

David Wathen Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Wathen against Franklin Electric stock is an integral part of due diligence when investing in Franklin Electric. David Wathen insider activity provides valuable insight into whether Franklin Electric is net buyers or sellers over its current business cycle. Note, Franklin Electric insiders must abide by specific rules, including filing SEC forms every time they buy or sell Franklin Electric'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Franklin Electric Management Efficiency

The company has return on total asset (ROA) of 0.0962 % which means that it generated a profit of $0.0962 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1707 %, meaning that it created $0.1707 on every $100 dollars invested by stockholders. Franklin Electric's management efficiency ratios could be used to measure how well Franklin Electric manages its routine affairs as well as how well it operates its assets and liabilities. At present, Franklin Electric's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, Franklin Electric's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 610.3 B, whereas Other Assets are forecasted to decline to about 8.3 M.
The company currently holds 156.28 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Franklin Electric has a current ratio of 1.88, which is within standard range for the sector. Debt can assist Franklin Electric until it has trouble settling it off, either with new capital or with free cash flow. So, Franklin Electric's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Franklin Electric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Franklin to invest in growth at high rates of return. When we think about Franklin Electric's use of debt, we should always consider it together with cash and equity.

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Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana. Franklin Electric operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 6400 people. Franklin Electric Co (FELE) is traded on NASDAQ Exchange in USA. It is located in 9255 Coverdale Road, Fort Wayne, IN, United States, 46809 and employs 6,400 people. Franklin Electric is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Franklin Electric Leadership Team

Elected by the shareholders, the Franklin Electric's board of directors comprises two types of representatives: Franklin Electric inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Franklin. The board's role is to monitor Franklin Electric's management team and ensure that shareholders' interests are well served. Franklin Electric's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Franklin Electric's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Roberts, Independent Director
Steven Aikman, Vice President - Global Water Systems Engineering
Daniel Crose, Vice President - Global Water Product Supply
Thomas VerHage, Independent Director
Jay Walsh, VP Systems
Julie Freigang, Vice President - Global Information Systems
Jerome Brady, Independent Director
Gregg Sengstack, Chairman and CEO
Robert Stone, Sr. VP and President of International Water Systems Group
John Haines, CFO, VP and Secretary
Thomas Strupp, VP of Global HR
Greg Levine, VP Water
David Wathen, Independent Director
David Brown, Independent Director
Jonathan Grandon, Chief Administrative Officer, General Counsel
Jennifer Sherman, Director
Renee Peterson, Director
Jeffery Taylor, VP CFO
DeLancey Davis, VP and President of North America Water Systems
Paul Chhabra, Vice President - Global Product Supply
Thomas Young, Independent Director
Donald Kenney, VP and President of Energy Systems

Franklin Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Franklin Electric a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Franklin Electric Investors Sentiment

The influence of Franklin Electric's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Franklin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Franklin Electric's public news can be used to forecast risks associated with an investment in Franklin. The trend in average sentiment can be used to explain how an investor holding Franklin can time the market purely based on public headlines and social activities around Franklin Electric Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Franklin Electric's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Franklin Electric's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Franklin Electric's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Franklin Electric.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Franklin Electric in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Franklin Electric's short interest history, or implied volatility extrapolated from Franklin Electric options trading.

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When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Franklin Electric's price analysis, check to measure Franklin Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Electric is operating at the current time. Most of Franklin Electric's value examination focuses on studying past and present price action to predict the probability of Franklin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Electric's price. Additionally, you may evaluate how the addition of Franklin Electric to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Electric. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
0.9
Earnings Share
4.11
Revenue Per Share
44.7
Quarterly Revenue Growth
(0.03)
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.