Franklin Electric Co., Inc. (FELE)
NASDAQ: FELE · IEX Real-Time Price · USD
95.01
+1.04 (1.11%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Franklin Electric Co. Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for FELE stock have an average target of 95, with a low estimate of 90 and a high estimate of 100. The average target predicts a decrease of -0.01% from the current stock price of 95.01.
Analyst Consensus: Buy
* Price targets were last updated on May 1, 2024.
Analyst Ratings
The average analyst rating for FELE 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 3 | 3 | 3 | 3 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
DA Davidson | DA Davidson | Hold Maintains $87 → $90 | Hold | Maintains | $87 → $90 | -5.27% | 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 | +5.25% | Feb 14, 2024 |
DA Davidson | DA Davidson | Hold Maintains $85 → $90 | Hold | Maintains | $85 → $90 | -5.27% | May 3, 2023 |
Oppenheimer | Oppenheimer | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 19, 2023 |
Financial Forecast
Revenue This Year
2.15B
from 2.07B
Increased by 4.01%
Revenue Next Year
2.26B
from 2.15B
Increased by 4.98%
EPS This Year
4.37
from 4.11
Increased by 6.27%
EPS Next Year
4.78
from 4.37
Increased by 9.43%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 2.2B | 2.3B |
Avg | 2.1B | 2.3B |
Low | 2.1B | 2.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 8.2% | 8.8% |
Avg | 4.0% | 5.0% |
Low | -0.5% | 0.4% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 4.52 | 5.04 |
Avg | 4.37 | 4.78 |
Low | 4.17 | 4.46 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 9.9% | 15.4% |
Avg | 6.3% | 9.4% |
Low | 1.4% | 2.1% |
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.