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Franklin Electric - FELE Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $88.33
  • Forecasted Upside: -5.56%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$93.53 As of 05/26/2023 05:00 PM ET
▲ +0.97 (1.05%)

This chart shows the closing price for FELE by one month, three months, or twelve months.

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Analyst Price Target for FELE

Analyst Price Target is $88.33
▼ -5.56% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Franklin Electric in the last 3 months. The average price target is $88.33, with a high forecast of $93.00 and a low forecast of $82.00. The average price target represents a -5.56% upside from the last price of $93.53.

This chart shows the closing price for FELE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 contributing investment analysts is to hold stock in Franklin Electric. This rating has held steady since July 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/6/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/6/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/4/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/2/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/1/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/1/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/10/2023Seaport Res PtnReiterated RatingBuyLow
5/3/2023DA DavidsonReiterated RatingNeutral$85.00 ➝ $90.00Low
4/18/2023OppenheimerInitiated CoverageMarket PerformLow
2/15/2023DA DavidsonBoost TargetNeutral$80.00 ➝ $85.00Low
2/15/2023Robert W. BairdBoost TargetNeutral$87.00 ➝ $93.00Low
8/15/2022Northcoast ResearchDowngradeBuy ➝ NeutralLow
7/27/2022DA DavidsonBoost TargetOutperform$80.00Low
7/27/2022Robert W. BairdBoost TargetNeutral$75.00 ➝ $86.00Low
7/15/2022Northcoast ResearchInitiated CoverageBuy$82.00Low
7/14/2022Robert W. BairdDowngradeOutperform ➝ Neutral$75.00Low
4/27/2022Seaport Res PtnUpgradeNeutral ➝ BuyMedium
4/27/2022Robert W. BairdLower Target$93.00 ➝ $86.00High
3/9/2022Boenning ScattergoodUpgradeNeutral ➝ Outperform$95.00Low
2/16/2022Robert W. BairdBoost Target$94.00 ➝ $100.00Medium
3/22/2021DA DavidsonBoost TargetNeutral$70.00 ➝ $75.00Medium
9/29/2020Robert W. BairdUpgradeNeutral ➝ Outperform$72.00High
7/2/2020DA DavidsonDowngradeBuy ➝ Neutral$50.00Low
7/1/2020SidotiInitiated CoverageBuyMedium
3/9/2020DA DavidsonUpgradeNeutral ➝ Buy$53.00 ➝ $60.00High
4/23/2019Boenning ScattergoodDowngradeOutperform ➝ NeutralHigh
2/19/2019Boenning ScattergoodReiterated RatingBuy$54.00High
6/11/2018DA DavidsonInitiated CoverageNeutral$50.00High
(Data available from 5/30/2018 forward)

News Sentiment Rating

0.68 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/1/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/1/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/31/2022
  • 5 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/30/2023
  • 10 very positive mentions
  • 7 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
3/1/2023
  • 11 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/31/2023
  • 10 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/30/2023
  • 13 very positive mentions
  • 21 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2023

Current Sentiment

  • 13 very positive mentions
  • 21 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Franklin Electric logo
Franklin Electric Co., Inc. engages in the development, manufacture, and distribution of water and fuel pumping systems. It operates through the following business segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment designs, manufactures, and sells water pumping systems, submersible motors, pumps, electronic controls, and related parts and equipment. The Fueling Systems segment is involved in the producing and marketing of fuel pumping, fuel containment, and monitor and control systems. The Distribution Segment provides pre-sale support and specifications to the installing contractors. The company was founded by Edward J. Schaefer and T. Wayne Kehoe in 1944 and is headquartered in Fort Wayne, IN.
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Today's Range

Now: $93.53
Low: $92.10
High: $93.85

50 Day Range

MA: $91.19
Low: $86.92
High: $96.75

52 Week Range

Now: $93.53
Low: $68.38
High: $100.00

Volume

77,700 shs

Average Volume

170,659 shs

Market Capitalization

$4.32 billion

P/E Ratio

22.65

Dividend Yield

0.96%

Beta

0.98

Frequently Asked Questions

What sell-side analysts currently cover shares of Franklin Electric?

The following Wall Street research analysts have issued stock ratings on Franklin Electric in the last twelve months: DA Davidson, Northcoast Research, Oppenheimer Holdings Inc., Robert W. Baird, Seaport Res Ptn, and StockNews.com.
View the latest analyst ratings for FELE.

What is the current price target for Franklin Electric?

3 Wall Street analysts have set twelve-month price targets for Franklin Electric in the last year. Their average twelve-month price target is $88.33, suggesting a possible downside of 5.6%. Robert W. Baird has the highest price target set, predicting FELE will reach $93.00 in the next twelve months. Northcoast Research has the lowest price target set, forecasting a price of $82.00 for Franklin Electric in the next year.
View the latest price targets for FELE.

What is the current consensus analyst rating for Franklin Electric?

Franklin Electric currently has 4 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FELE, but not buy more shares or sell existing shares.
View the latest ratings for FELE.

What other companies compete with Franklin Electric?

Other companies that are similar to Franklin Electric include Regal Rexnord, Crane, Mueller Industries, Flowserve and EnerSys. Learn More about companies similar to Franklin Electric.

How do I contact Franklin Electric's investor relations team?

Franklin Electric's physical mailing address is 9255 COVERDALE ROAD, FORT WAYNE IN, 46809. The industrial products company's listed phone number is (260) 824-2900. The official website for Franklin Electric is www.franklin-electric.com. Learn More about contacing Franklin Electric investor relations.