Franklin Electric Co., Inc. (FELE)
NASDAQ: FELE · Real-Time Price · USD
87.74
+0.89 (1.02%)
Apr 23, 2025, 4:00 PM EDT - 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 an increase of 11.12% from the current stock price of 87.74.
Analyst Consensus: Hold
* 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $107 → $105 | Hold | Maintains | $107 → $105 | +19.67% | Oct 30, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $87 → $90 | Hold | Maintains | $87 → $90 | +2.58% | 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 | +13.97% | Feb 14, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $85 → $90 | Hold | Maintains | $85 → $90 | +2.58% | May 3, 2023 |
Financial Forecast
Revenue This Year
2.16B
from 2.02B
Increased by 6.81%
Revenue Next Year
2.27B
from 2.16B
Increased by 5.33%
EPS This Year
4.29
from 3.86
Increased by 11.09%
EPS Next Year
4.82
from 4.29
Increased by 12.50%
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 | 4.46 | 5.15 |
| Avg | 4.29 | 4.82 |
| Low | 4.07 | 4.41 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 15.6% | 20.0% |
| Avg | 11.1% | 12.5% |
| Low | 5.4% | 2.8% |
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.