GS Analytics
Long/short equity, hedge fund analyst

Franklin Electric: Inventory Issues In Water Segment And Tough Comps In Fueling System Segment Will Slow Growth

Franklin Electric (NASDAQ:FELE) is trading at 22.2x trailing twelve-month earnings, which is quite high for an industrial company. The reason behind this higher multiple is its high single digit growth rate, which the company has seen in the past couple of years. However, the company's growth rate is lik...

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