$108.65
1.59% today
Nasdaq, Nov 26, 05:07 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 $110.40
Deviation
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 lower 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

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

This results in the following potential growth metrics:

Revenue Estimates

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

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

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

EBITDA Estimates

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

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

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

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

Net Profit Estimates

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

2023 9.09% 2.45%
2024
8.68% 4.54%
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2025
9.56% 10.14%
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2026
10.16% 6.28%
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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 3.81
3.53% 7.30%
P/E 28.98
EV/Sales 2.54

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
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. This is
3.79% lower
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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
$3.83 3.28%
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, the lowest is
$3.79 4.29%
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.

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

Earnings Per Share

2023 $4.11 3.53%
2024
$3.81 7.30%
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2025
$4.39 15.22%
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2026
$4.88 11.16%
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P/E ratio

Current 27.86 28.15%
2024
28.98 4.02%
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2025
25.18 13.11%
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2026
22.62 10.17%
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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 2.53 24.02%
2024
2.54 0.34%
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2025
2.43 4.29%
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2026
2.32 4.54%
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P/S ratio

Current 2.51 26.26%
2024
2.52 0.16%
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2025
2.41 4.29%
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2026
2.30 4.54%
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