Franklin Electric Co., Inc. (FELE)

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 an increase of 3.24% from the current stock price of 94.44.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$90	$97.5	$105	$105
Change	-4.70%	+3.24%	+11.18%	+11.18%

* Price targets were last updated on Oct 30, 2024.

Analyst Ratings

The average analyst rating for Franklin Electric Co. stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Halloran Baird	Baird	Hold Maintains $107 → $105	Hold	Maintains	$107 → $105	+11.18%	Oct 30, 2024
Matt Summerville DA Davidson	DA Davidson	Hold Maintains $87 → $90	Hold	Maintains	$87 → $90	-4.70%	May 1, 2024
Ryan Connors Northcoast Research	Northcoast Research	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Feb 23, 2024
Michael Halloran Baird	Baird	Hold Maintains $91 → $100	Hold	Maintains	$91 → $100	+5.89%	Feb 14, 2024
Brent Thielman DA Davidson	DA Davidson	Hold Maintains $85 → $90	Hold	Maintains	$85 → $90	-4.70%	May 3, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

2.16B

Increased by 6.81%

from 2.02B

Revenue Next Year

2.27B

Increased by 5.33%

from 2.16B

EPS This Year

4.32

Increased by 11.88%

from 3.86

EPS Next Year

4.78

Increased by 10.59%

from 4.32

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.25B	1.66B	2.04B	2.07B	2.02B	2.16B	2.27B
Revenue Growth	-5.12%	33.23%	22.98%	1.05%	-2.12%	6.81%	5.33%
EPS	2.14	3.25	3.97	4.11	3.86	4.32	4.78
EPS Growth	5.42%	51.87%	22.15%	3.53%	-6.08%	11.88%	10.59%
Forward PE	-	-	-	-	-	21.87	19.77
No. Analysts	-	-	-	-	-	7	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	2.2B	2.4B
Avg	2.2B	2.3B
Low	2.1B	2.2B

Revenue Growth

Revenue Growth	2025	2026
High	10.3%	9.4%
Avg	6.8%	5.3%
Low	2.2%	0.1%

EPS Forecast

EPS	2025	2026
High	4.52	5.04
Avg	4.32	4.78
Low	4.07	4.41

EPS Growth

EPS Growth	2025	2026
High	17.0%	16.7%
Avg	11.9%	10.6%
Low	5.4%	2.0%

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.