Based on ratings from 1 stock analysts, the Franklin Electric Co Inc stock price is expected to increase by 1.97% in 12 months. This is calculated by using the average 12-month stock price forecast for Franklin Electric Co Inc. The lowest target is $100.00 and the highest is $100.00. Please note analyst price targets are not guaranteed and could be missed completely.
Franklin Electric Co Inc has a total of 1 Wall St Analyst ratings. There are 0 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Franklin Electric Co Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
michael halloran Robert W. Baird | Hold | $100.0 | maintained | Feb 13, 2024 |
bryan blair Oppenheimer | Hold | None | maintained | Feb 13, 2024 |
matt summerville D.A. Davidson | Hold | None | maintained | Oct 25, 2023 |
ryan connors Northcoast Research | Hold | None | downgraded | Aug 15, 2022 |
walter liptak Seaport Global | Buy | $80.0 | upgraded | Apr 27, 2022 |
christopher mcginnis Sidoti | Buy | $82.0 | maintained | Nov 20, 2020 |
ryan cassil Seaport Global | Hold | $42.0 | reiterated | Feb 22, 2017 |
richard verdi Ladenburg Thalmann & Co. | Sell | $26.0 | downgraded | Mar 11, 2016 |
david rose Wedbush | Hold | $33.0 | reiterated | Feb 24, 2016 |
spencer joyce Hilliard Lyons | Hold | None | upgraded | Oct 27, 2015 |
joseph radigan KeyBanc | Hold | None | downgraded | Sep 24, 2009 |
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.
When did it IPO
0
Staff Count
6,500
Country
United States
Sector/Industry
Industrials/Specialty Industrial Machinery
CEO
Mr. Gregg C. Sengstack
Market Cap
$4.57B
In 2023, FELE generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that FELE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
RCM-USD
$10.87
MMSI-USD
$79.45
$233.13
HCP-USD
$22.69
$34.55
COOP-USD
$72.4