The price of FELE is predicted to go up 14.87%, based on the high correlation periods with ARCT. The similarity of these two price pattern on the periods is 94.97%.
FELE
ARCT
Up: 14.87%Similarity: 94.97%
FELE Revenue Forecast
FELE EPS Forecast
FELE FAQs
What is bull’s view on FELE?
FELE stock shows bullish potential due to its recent recovery from oversold conditions with an RSI of 29.4, suggesting selling pressure exhaustion and a possible rebound from $96.18 towards its 52-week high of $111.94. Additionally, the stock's break above its 200-day moving average at $101.02 indicates a positive technical trend. Its 6% dividend increase and 33-year streak of dividend growth further enhance its appeal for long-term investors.
What is bear's view on FELE?
FELE stock currently trades at $97.68, near its 52-week low of $91.45. With an RSI of 29.4, it is in oversold territory, suggesting potential for a short-term rebound. However, the bearish view stems from weak momentum and limited upside, as the stock struggles to break above $100 resistance.
What is FELE revenue forecast for next quarter?
The market consensus for FELE's revenue in the upcoming quarter is projected to be approximately $478.088M USD.
What is FELE eps forecast for next quarter?
The market consensus for FELE's eps in the upcoming quarter is projected to be approximately $0.804 USD.
Baird lowered the firm's price target on Franklin Electric to $105 from $107 and keeps a Neutral rating on the shares. The firm said 3Q results were below expectations, hurt by unfavorable weather and challenging comps/trends in dewatering/fueling partially offset by healthy surface pumps and water treatment.