Franklin Electric (FELE) Stock Forecast, Price Target & Predictions
FELE Stock Forecast
Franklin Electric stock forecast is as follows: an average price target of $103.00 (represents a 6.01% upside from FELE’s last price of $97.16) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
FELE Price Target
The average price target for Franklin Electric (FELE) is $103.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $86.00. This represents a potential 6.01% upside from FELE's last price of $97.16.
FELE Analyst Ratings
According to 3 Wall Street analysts, Franklin Electric's rating consensus is 'Buy'. The analyst rating breakdown for FELE stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Franklin Electric Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 25, 2024 | Joe Ruzynski | Seaport Global | $120.00 | $103.22 | 16.26% | 23.51% |
| Jul 27, 2022 | - | Robert W. Baird | $86.00 | $84.54 | 1.73% | -11.49% |
The latest Franklin Electric stock forecast, released on Jul 25, 2024 by Joe Ruzynski from Seaport Global, set a price target of $120.00, which represents a 16.26% increase from the stock price at the time of the forecast ($103.22), and a 23.51% increase from FELE last price ($97.16).
Franklin Electric Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $120.00 | $120.00 |
| Last Closing Price | $97.16 | $97.16 | $97.16 |
| Upside/Downside | -100.00% | 23.51% | 23.51% |
In the current month, the average price target of Franklin Electric stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Franklin Electric's last price of $97.16. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 25, 2024 | Seaport Global | Buy | Buy | Hold |
| Feb 23, 2024 | Northcoast Research | - | Buy | Upgrade |
| Apr 19, 2023 | Oppenheimer | - | Perform | Initialise |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Downgrade |
Franklin Electric's last stock rating was published by Seaport Global on Jul 25, 2024. The company gave FELE a "Buy" rating, the same as its previous rate.
Franklin Electric Financial Forecast
Franklin Electric Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $538.43M | $569.18M | $484.55M | $489.43M | $551.67M | - | $451.47M | $432.52M | $459.02M | $437.28M | $333.05M | $321.11M | $351.19M | $308.28M | $266.75M | $320.11M | $348.42M | $355.34M | $290.71M | $316.66M | $341.87M |
| Avg Forecast | $521.57M | $574.87M | $579.90M | $489.87M | $506.16M | $553.21M | $570.80M | $477.64M | $490.47M | $573.02M | $601.25M | $476.18M | $479.26M | $552.70M | $528.67M | $424.62M | $387.24M | $432.61M | $389.25M | $301.23M | $311.70M | $326.66M | $298.26M | $281.90M | $321.53M | $353.82M | $358.31M | $304.64M | $298.39M | $357.89M |
| High Forecast | $529.21M | $583.29M | $588.40M | $497.04M | $513.57M | $559.65M | $579.17M | $484.64M | $493.95M | $591.90M | $610.06M | $483.16M | $486.29M | $560.80M | $528.67M | $429.32M | $391.53M | $437.40M | $393.56M | $304.57M | $315.15M | $330.28M | $301.57M | $285.02M | $325.09M | $357.74M | $362.29M | $308.01M | $358.07M | $429.47M |
| Low Forecast | $514.48M | $567.06M | $572.02M | $483.21M | $499.28M | $546.77M | $563.05M | $471.15M | $486.98M | $559.94M | $593.09M | $469.71M | $472.75M | $545.20M | $528.67M | $418.71M | $381.86M | $426.59M | $383.84M | $297.04M | $307.36M | $322.12M | $294.11M | $277.98M | $317.06M | $348.90M | $353.33M | $300.40M | $238.72M | $286.31M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 17 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.94% | 0.95% | 1.02% | 1.02% | 1.00% | - | 1.06% | 1.12% | 1.06% | 1.12% | 1.11% | 1.03% | 1.08% | 1.03% | 0.95% | 1.00% | 0.98% | 0.99% | 0.95% | 1.06% | 0.96% |
Franklin Electric's average Quarter revenue forecast for Dec 23 based on 2 analysts is $490.47M, with a low forecast of $486.98M, and a high forecast of $493.95M. FELE's average Quarter revenue forecast represents a -8.91% decrease compared to the company's last Quarter revenue of $538.43M (Sep 23).
Franklin Electric EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 17 |
| EBITDA | - | - | - | - | - | - | - | - | - | $92.17M | $95.65M | $65.98M | $69.39M | $92.53M | - | $52.36M | $64.52M | $70.20M | $60.72M | $42.92M | $42.71M | $56.51M | $41.27M | $23.63M | $33.75M | $53.74M | $51.91M | $22.15M | $40.15M | $47.58M |
| Avg Forecast | $74.11M | $81.68M | $82.40M | $69.60M | $71.92M | $78.61M | $81.10M | $60.38M | $69.69M | $81.42M | $85.43M | $54.89M | $68.10M | $72.18M | $75.12M | $49.90M | $55.30M | $65.62M | $62.15M | $19.14M | $38.60M | $38.57M | $33.02M | $17.41M | $39.04M | $52.22M | $53.35M | $29.40M | $37.69M | $49.71M |
| High Forecast | $75.19M | $82.88M | $83.60M | $70.62M | $72.97M | $79.52M | $82.29M | $72.45M | $70.19M | $84.10M | $86.68M | $65.86M | $69.10M | $86.62M | $75.12M | $59.88M | $66.36M | $78.74M | $74.58M | $22.97M | $46.32M | $46.28M | $39.62M | $20.89M | $46.85M | $62.67M | $64.02M | $35.28M | $45.23M | $59.65M |
| Low Forecast | $73.10M | $80.57M | $81.28M | $68.66M | $70.94M | $77.69M | $80.00M | $48.30M | $69.19M | $79.56M | $84.27M | $43.91M | $67.17M | $57.74M | $75.12M | $39.92M | $44.24M | $52.50M | $49.72M | $15.31M | $30.88M | $30.85M | $26.41M | $13.93M | $31.23M | $41.78M | $42.68M | $23.52M | $30.16M | $39.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.13% | 1.12% | 1.20% | 1.02% | 1.28% | - | 1.05% | 1.17% | 1.07% | 0.98% | 2.24% | 1.11% | 1.47% | 1.25% | 1.36% | 0.86% | 1.03% | 0.97% | 0.75% | 1.07% | 0.96% |
2 analysts predict FELE's average Quarter EBITDA for Dec 23 to be $69.69M, with a high of $70.19M and a low of $69.19M. This is -24.39% lower than Franklin Electric's previous annual EBITDA (Sep 23) of $92.17M.
Franklin Electric Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 17 |
| Net Income | - | - | - | - | - | - | - | - | - | $57.80M | $59.60M | $37.33M | $39.58M | $58.62M | - | $29.77M | $40.99M | $46.17M | $39.14M | $27.88M | $26.79M | $38.37M | $24.65M | $10.64M | $19.77M | $33.91M | $32.74M | $9.06M | $24.20M | $30.01M |
| Avg Forecast | $48.26M | $63.20M | $65.07M | $38.92M | $44.08M | $60.06M | $61.64M | $35.44M | $39.13M | $59.92M | $62.20M | $32.22M | $43.43M | $47.48M | $49.35M | $29.29M | $34.86M | $43.16M | $40.06M | $12.43M | $24.22M | $26.19M | $19.72M | $7.84M | $22.88M | $32.95M | $33.65M | $12.02M | $22.72M | $31.35M |
| High Forecast | $49.18M | $64.40M | $66.31M | $39.66M | $44.92M | $60.52M | $62.82M | $42.53M | $39.60M | $62.24M | $63.39M | $38.67M | $44.26M | $56.97M | $49.35M | $35.15M | $41.83M | $51.79M | $48.07M | $14.92M | $29.06M | $31.43M | $23.66M | $9.41M | $27.45M | $39.54M | $40.39M | $14.43M | $27.26M | $37.62M |
| Low Forecast | $47.40M | $62.08M | $63.92M | $38.23M | $43.31M | $59.00M | $60.56M | $28.36M | $38.21M | $58.06M | $61.11M | $25.78M | $42.66M | $37.98M | $49.35M | $23.43M | $27.89M | $34.53M | $32.05M | $9.95M | $19.37M | $20.95M | $15.78M | $6.27M | $18.30M | $26.36M | $26.92M | $9.62M | $18.17M | $25.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.96% | 0.96% | 1.16% | 0.91% | 1.23% | - | 1.02% | 1.18% | 1.07% | 0.98% | 2.24% | 1.11% | 1.47% | 1.25% | 1.36% | 0.86% | 1.03% | 0.97% | 0.75% | 1.07% | 0.96% |
Franklin Electric's average Quarter net income forecast for Dec 23 is $39.13M, with a range of $38.21M to $39.60M. FELE's average Quarter net income forecast represents a -32.29% decrease compared to the company's last Quarter net income of $57.80M (Sep 23).
Franklin Electric SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 17 |
| SG&A | - | - | - | - | - | - | - | - | - | $107.69M | $107.43M | $109.53M | $109.72M | $109.37M | - | $104.67M | $97.74M | $106.45M | $100.48M | $81.60M | $76.71M | $75.47M | $72.31M | $75.62M | $71.87M | $74.50M | $75.78M | $76.30M | $74.98M | $72.48M |
| Avg Forecast | $116.98M | $128.93M | $130.06M | $109.87M | $113.52M | $124.07M | $128.02M | $124.64M | $110.00M | $128.52M | $134.85M | $113.31M | $107.49M | $109.45M | $118.57M | $103.01M | $83.78M | $99.50M | $102.85M | $36.39M | $69.34M | $51.51M | $57.85M | $55.72M | $83.14M | $72.40M | $77.89M | $101.29M | $70.39M | $75.73M |
| High Forecast | $118.69M | $130.82M | $131.97M | $111.48M | $115.18M | $125.52M | $129.90M | $149.57M | $110.78M | $132.75M | $136.82M | $135.98M | $109.06M | $131.35M | $118.57M | $123.61M | $100.53M | $119.40M | $123.42M | $43.67M | $83.20M | $61.82M | $69.42M | $66.87M | $99.77M | $86.88M | $93.46M | $121.54M | $84.47M | $90.87M |
| Low Forecast | $115.39M | $127.18M | $128.29M | $108.37M | $111.98M | $122.63M | $126.28M | $99.72M | $109.22M | $125.58M | $133.02M | $90.65M | $106.03M | $87.56M | $118.57M | $82.41M | $67.02M | $79.60M | $82.28M | $29.11M | $55.47M | $41.21M | $46.28M | $44.58M | $66.51M | $57.92M | $62.31M | $81.03M | $56.31M | $60.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.84% | 0.80% | 0.97% | 1.02% | 1.00% | - | 1.02% | 1.17% | 1.07% | 0.98% | 2.24% | 1.11% | 1.47% | 1.25% | 1.36% | 0.86% | 1.03% | 0.97% | 0.75% | 1.07% | 0.96% |
Franklin Electric's average Quarter SG&A projection for Dec 23 is $110.00M, based on 2 Wall Street analysts, with a range of $109.22M to $110.78M. The forecast indicates a 2.15% rise compared to FELE last annual SG&A of $107.69M (Sep 23).
Franklin Electric EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 17 |
| EPS | - | - | - | - | - | - | - | - | - | $1.25 | $1.29 | $0.81 | $0.85 | $1.26 | - | $0.64 | $0.88 | $0.99 | $0.84 | $0.60 | $0.58 | $0.82 | $0.53 | $0.23 | $0.42 | $0.73 | $0.70 | $0.19 | $0.52 | $0.64 |
| Avg Forecast | $1.03 | $1.35 | $1.39 | $0.83 | $0.94 | $1.29 | $1.32 | $0.74 | $0.84 | $1.28 | $1.33 | $0.63 | $0.93 | $1.25 | $1.06 | $0.63 | $0.63 | $0.90 | $0.80 | $0.37 | $0.52 | $0.63 | $0.45 | $0.19 | $0.51 | $0.71 | $0.73 | $0.41 | $0.46 | $0.70 |
| High Forecast | $1.05 | $1.38 | $1.42 | $0.85 | $0.96 | $1.30 | $1.35 | $0.75 | $0.85 | $1.33 | $1.36 | $0.64 | $0.95 | $1.27 | $1.06 | $0.64 | $0.64 | $0.91 | $0.81 | $0.37 | $0.53 | $0.64 | $0.45 | $0.19 | $0.52 | $0.72 | $0.74 | $0.42 | $0.55 | $0.84 |
| Low Forecast | $1.02 | $1.33 | $1.37 | $0.82 | $0.93 | $1.26 | $1.30 | $0.72 | $0.82 | $1.24 | $1.31 | $0.62 | $0.91 | $1.23 | $1.06 | $0.62 | $0.62 | $0.88 | $0.79 | $0.36 | $0.51 | $0.62 | $0.44 | $0.18 | $0.50 | $0.70 | $0.72 | $0.40 | $0.37 | $0.56 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.97% | 0.97% | 1.28% | 0.91% | 1.01% | - | 1.02% | 1.39% | 1.10% | 1.05% | 1.63% | 1.12% | 1.30% | 1.18% | 1.23% | 0.82% | 1.03% | 0.96% | 0.46% | 1.13% | 0.91% |
According to 2 Wall Street analysts, Franklin Electric's projected average Quarter EPS for Dec 23 is $0.84, with a low estimate of $0.82 and a high estimate of $0.85. This represents a -32.96% decrease compared to FELE previous annual EPS of $1.25 (Sep 23).
Franklin Electric Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HLIO | Helios | $41.10 | $87.00 | 111.68% | Buy |
| TNC | Tennant Company | $92.48 | $140.00 | 51.38% | Buy |
| IEX | IDEX | $199.78 | $236.33 | 18.30% | Buy |
| NPO | EnPro Industries | $153.68 | $180.00 | 17.13% | Buy |
| FELE | Franklin Electric | $97.16 | $103.00 | 6.01% | Buy |
| AME | AMETEK | $167.51 | $173.30 | 3.46% | Buy |
| FLS | Flowserve | $46.65 | $48.00 | 2.89% | Buy |
| DCI | Donaldson Company | $70.71 | $68.25 | -3.48% | Hold |
| CR | Crane NXT | $152.92 | $142.50 | -6.81% | Buy |
| KAI | Kadant | $323.59 | $300.00 | -7.29% | - |
| ITT | ITT | $135.35 | $124.50 | -8.02% | Buy |
FELE Forecast FAQ
Is Franklin Electric a good buy?
Yes, according to 3 Wall Street analysts, Franklin Electric (FELE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of FELE's total ratings.
What is FELE's price target?
Franklin Electric (FELE) average price target is $103 with a range of $86 to $120, implying a 6.01% from its last price of $97.16. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Franklin Electric stock go up soon?
According to Wall Street analysts' prediction for FELE stock, the company can go up by 6.01% (from the last price of $97.16 to the average price target of $103), up by 23.51% based on the highest stock price target, and down by -11.49% based on the lowest stock price target.
Can Franklin Electric stock reach $150?
FELE's average twelve months analyst stock price target of $103 does not support the claim that Franklin Electric can reach $150 in the near future.
What are Franklin Electric's analysts' financial forecasts?
Franklin Electric's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.11B (high $2.14B, low $2.08B), average EBITDA is $292M (high $307.24M, low $276.94M), average net income is $201.23M (high $210.79M, low $191.21M), average SG&A $490.26M (high $520.17M, low $460.6M), and average EPS is $4.29 (high $4.35, low $4.21). FELE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.17B (high $2.2B, low $2.14B), average EBITDA is $307.79M (high $312.3M, low $303.61M), average net income is $215.44M (high $219.55M, low $211.64M), average SG&A $485.83M (high $492.95M, low $479.24M), and average EPS is $4.61 (high $4.7, low $4.53).
Did the FELE's actual financial results beat the analysts' financial forecasts?
Based on Franklin Electric's last annual report (Dec 2022), the company's revenue was $2.04B, beating the average analysts forecast of $1.99B by 2.94%. Apple's EBITDA was $306.53M, beating the average prediction of $265.29M by 15.54%. The company's net income was $187.33M, beating the average estimation of $169.55M by 10.49%. Apple's SG&A was $432.08M, missing the average forecast of $438.52M by -1.47%. Lastly, the company's EPS was $4.02, beating the average prediction of $3.86 by 4.03%. In terms of the last quarterly report (Sep 2023), Franklin Electric's revenue was $538.43M, missing the average analysts' forecast of $573.02M by -6.04%. The company's EBITDA was $92.17M, beating the average prediction of $81.42M by 13.20%. Franklin Electric's net income was $57.8M, missing the average estimation of $59.92M by -3.54%. The company's SG&A was $107.69M, missing the average forecast of $128.52M by -16.21%. Lastly, the company's EPS was $1.25, missing the average prediction of $1.28 by -2.57%