Franklin Electric traded at $96.07 this Friday May 15th, decreasing $2.23 or 2.27 percent since the previous trading session. Looking back, over the last four weeks, Franklin Electric lost 3.08 percent. Over the last 12 months, its price rose by 6.79 percent. Looking ahead, we forecast Franklin Electric to be priced at 94.14 by the end of this quarter and at 88.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
Franklin Electric Co., Inc. designs, manufactures and distributes water and fuel pumping systems, consisting of submersible motors, pumps, electronic controls and related parts and equipment. The Company's segments include Water Systems segment, Fueling Systems segment and Distribution segments. Its Water Systems segment is engaged in the production and marketing of water pumping systems and offers motors, pumps, drives, electronic controls and monitoring devices. It also designs, manufactures and sells motors, pumps, electronic controls and related parts and equipment for use in groundwater, wastewater and fuel transfer applications. Its Fueling Systems is engaged in the production and marketing of fuel pumping systems, fuel containment systems, and monitoring and control systems. The Company's Distribution Segment is operated as a collection of wholly owned groundwater distributors known as the Headwater Companies. Headwater Companies delivers groundwater equipments.