Franklin Electric Co., Inc. (FELE)
NASDAQ: FELE · Real-Time Price · USD
104.24
-1.76 (-1.66%)
Feb 21, 2025, 4:00 PM EST - Market closed
Franklin Electric Co. Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Franklin Electric Co. stock have an average target of 97.5, with a low estimate of 90 and a high estimate of 105. The average target predicts a decrease of -6.47% from the current stock price of 104.24.
Analyst Consensus: Buy
* Price targets were last updated on Oct 30, 2024.
Analyst Ratings
The average analyst rating for Franklin Electric Co. stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $107 → $105 | Hold | Maintains | $107 → $105 | +0.73% | Oct 30, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $87 → $90 | Hold | Maintains | $87 → $90 | -13.66% | May 1, 2024 |
| Northcoast Research | Northcoast Research | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Feb 23, 2024 |
| Baird | Baird | Hold Maintains $91 → $100 | Hold | Maintains | $91 → $100 | -4.07% | Feb 14, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $85 → $90 | Hold | Maintains | $85 → $90 | -13.66% | May 3, 2023 |
Financial Forecast
Revenue This Year
2.05B
from 2.07B
Decreased by -0.97%
Revenue Next Year
2.13B
from 2.05B
Increased by 4.16%
EPS This Year
3.87
from 4.11
Decreased by -5.94%
EPS Next Year
4.35
from 3.87
Increased by 12.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.2B | 2.3B |
| Avg | 2.0B | 2.1B | 2.2B |
| Low | 2.0B | 2.0B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7% | 9.2% | 9.5% |
| Avg | -1.0% | 4.2% | 5.1% |
| Low | -5.2% | -3.1% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.03 | 4.57 | 5.00 |
| Avg | 3.87 | 4.35 | 4.85 |
| Low | 3.61 | 4.12 | 4.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.9% | 18.2% | 14.9% |
| Avg | -5.9% | 12.6% | 11.5% |
| Low | -12.3% | 6.5% | 7.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.