Franklin Electric Co., Inc. (FELE)
NASDAQ: FELE · Real-Time Price · USD
98.71
-0.19 (-0.19%)
Dec 26, 2024, 10:54 AM EST - Market open
Franklin Electric Co. Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for FELE 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 -1.23% from the current stock price of 98.71.
Analyst Consensus: Buy
* Price targets were last updated on Oct 30, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $107 → $105 | Hold | Maintains | $107 → $105 | +6.37% | Oct 30, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $87 → $90 | Hold | Maintains | $87 → $90 | -8.82% | 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 | +1.31% | Feb 14, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $85 → $90 | Hold | Maintains | $85 → $90 | -8.82% | May 3, 2023 |
Financial Forecast
Revenue This Year
2.05B
from 2.07B
Decreased by -0.93%
Revenue Next Year
2.14B
from 2.05B
Increased by 4.45%
EPS This Year
3.88
from 4.11
Decreased by -5.69%
EPS Next Year
4.42
from 3.88
Increased by 13.95%
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% | 9.1% | 9.2% |
| Avg | -0.9% | 4.4% | 4.8% |
| Low | -5.1% | -1.4% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.04 | 4.67 | 5.16 |
| Avg | 3.88 | 4.42 | 4.98 |
| Low | 3.61 | 4.12 | 4.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.6% | 20.5% | 16.7% |
| Avg | -5.7% | 13.9% | 12.7% |
| Low | -12.3% | 6.2% | 7.6% |
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.