$99.60
2.15% today
Nasdaq, Nov 04, 09:16 pm CET
ISIN
US3535141028
Symbol
FELE

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

Franklin Electric Co., Inc. Classifications & Recommendation:

Buy
33%
Hold
67%

Franklin Electric Co., Inc. Price Target

Target Price $103.00
Price $97.50
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 $103.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 2 Analysts recommend Franklin Electric Co., Inc. to buy, 4 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

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 2.07 2.01
1.05% 2.89%
EBITDA Margin 15.19% 15.11%
0.96% 0.49%
Net Margin 9.09% 8.68%
2.45% 4.54%

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

$2.0b
Unlock
. This is
0.15% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$2.0b 0.52%
Unlock
, the lowest is
$2.0b 0.48%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $2.1b 1.05%
2024
$2.0b 2.89%
Unlock
2025
$2.1b 4.48%
Unlock
2026
$2.2b 4.76%
Unlock

3 Analysts have issued an Franklin Electric Co., Inc. EBITDA forecast 2024. The average Franklin Electric Co., Inc. EBITDA estimate is

$303m
Unlock
. This is
6.25% lower
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$304m 5.92%
Unlock
, the lowest is
$302m 6.61%
Unlock
.

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

EBITDA Estimates

2023 $314m 0.08%
2024
$303m 3.40%
Unlock
2025
$328m 8.17%
Unlock
2026
$363m 10.81%
Unlock

EBITDA Margin

2023 15.19% 0.96%
2024
15.11% 0.49%
Unlock
2025
15.64% 3.51%
Unlock
2026
16.54% 5.75%
Unlock

2 Franklin Electric Co., Inc. Analysts have issued a net profit forecast 2024. The average Franklin Electric Co., Inc. net profit estimate is

$174m
Unlock
. This is
3.79% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$175m 3.28%
Unlock
, the lowest is
$173m 4.29%
Unlock
.

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

Net Profit Estimates

2023 $188m 3.53%
2024
$174m 7.30%
Unlock
2025
$200m 15.09%
Unlock
2026
$223m 11.29%
Unlock

Net Margin

2023 9.09% 2.45%
2024
8.68% 4.54%
Unlock
2025
9.56% 10.14%
Unlock
2026
10.16% 6.28%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 4.11 3.81
3.53% 7.30%
P/E 25.59
EV/Sales 2.24

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

$3.81
Unlock
. This is
3.79% lower
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.83 3.28%
Unlock
, the lowest is
$3.79 4.29%
Unlock
.

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

Earnings Per Share

2023 $4.11 3.53%
2024
$3.81 7.30%
Unlock
2025
$4.39 15.22%
Unlock
2026
$4.88 11.16%
Unlock

P/E ratio

Current 24.64 21.08%
2024
25.59 3.86%
Unlock
2025
22.23 13.13%
Unlock
2026
19.98 10.12%
Unlock

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 2.24 16.67%
2024
2.24 0.18%
Unlock
2025
2.15 4.29%
Unlock
2026
2.05 4.54%
Unlock

P/S ratio

Current 2.22 18.76%
2024
2.22 0.16%
Unlock
2025
2.13 4.30%
Unlock
2026
2.03 4.54%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today