$95.53
1.52% day before yesterday
Nasdaq, Sep 06, 10:00 pm CET
ISIN
US3535141028
Symbol
FELE

Franklin Electric Co., Inc. Target price 2024 - Analyst rating & recommendation

Franklin Electric Co., Inc. Classifications & Recommendation:

Buy
40%
Hold
60%

Franklin Electric Co., Inc. Price Target

Target Price $106.00
Price $95.53
Potential
Number of Estimates 4
4 Analysts have issued a price target Franklin Electric Co., Inc. 2025 . The average Franklin Electric Co., Inc. target price is $106.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 5 analysts: 2 Analysts recommend Franklin Electric Co., Inc. to buy, 3 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Franklin Electric Co., Inc. stock has an average upside potential 2025 of . Most analysts recommend the Franklin Electric Co., Inc. stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 2.07 2.07
1.05% 0.00%
EBITDA Margin 15.19% 15.72%
0.96% 3.52%
Net Margin 9.11% 9.29%
2.45% 2.03%

5 Analysts have issued a sales forecast Franklin Electric Co., Inc. 2024 . The average Franklin Electric Co., Inc. sales estimate is

$2.1b
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. This is
2.45% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$2.1b 4.19%
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, the lowest is
$2.0b 0.62%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $2.1b 1.05%
2024
$2.1b 0.00%
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2025
$2.2b 5.27%
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2026
$2.3b 5.16%
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3 Analysts have issued an Franklin Electric Co., Inc. EBITDA forecast 2024. The average Franklin Electric Co., Inc. EBITDA estimate is

$325m
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. This is
2.19% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$327m 3.07%
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, the lowest is
$322m 1.39%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $314m 0.08%
2024
$325m 3.50%
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2025
$344m 6.05%
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2026
$377m 9.65%
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EBITDA Margin

2023 15.19% 0.96%
2024
15.72% 3.52%
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2025
15.83% 0.70%
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2026
16.51% 4.30%
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2 Franklin Electric Co., Inc. Analysts have issued a net profit forecast 2024. The average Franklin Electric Co., Inc. net profit estimate is

$192m
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. This is
4.35% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$193m 4.98%
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, the lowest is
$191m 3.73%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $188m 3.53%
2024
$192m 2.07%
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2025
$213m 10.97%
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2026
$234m 9.99%
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Net Margin

2023 9.11% 2.45%
2024
9.29% 2.03%
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2025
9.80% 5.49%
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2026
10.25% 4.59%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 4.11 4.20
3.53% 2.19%
P/E 22.77
EV/Sales 2.18

2 Analysts have issued a Franklin Electric Co., Inc. forecast for earnings per share. The average Franklin Electric Co., Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$4.20
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. This is
4.48% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$4.22 4.98%
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, the lowest is
$4.17 3.73%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $4.11 3.53%
2024
$4.20 2.19%
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2025
$4.66 10.95%
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2026
$5.12 9.87%
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P/E ratio

Current 23.79 15.71%
2024
22.77 4.29%
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2025
20.52 9.88%
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2026
18.66 9.06%
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Based on analysts' sales estimates for 2024, the Franklin Electric Co., Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.23 1.33%
2024
2.18 2.27%
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2025
2.07 5.00%
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2026
1.97 4.91%
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P/S ratio

Current 2.16 0.99%
2024
2.11 2.40%
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2025
2.01 5.00%
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2026
1.91 4.91%
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