Franklin Electric Co Stock Price Prediction

FELE Stock  USD 107.17  0.87  0.81%   
The relative strength index (RSI) of Franklin Electric's the stock price is about 62. This usually indicates that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Franklin, making its price go up or down.

Oversold Vs Overbought

62

 
Oversold
 
Overbought
The successful prediction of Franklin Electric's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Franklin Electric and does not consider all of the tangible or intangible factors available from Franklin Electric's fundamental data. We analyze noise-free headlines and recent hype associated with Franklin Electric Co, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Franklin Electric's stock price prediction:
Quarterly Earnings Growth
(0.05)
EPS Estimate Next Quarter
0.94
EPS Estimate Current Year
3.8
EPS Estimate Next Year
4.33
Wall Street Target Price
103
Using Franklin Electric hype-based prediction, you can estimate the value of Franklin Electric Co from the perspective of Franklin Electric response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Franklin Electric to buy its stock at a price that has no basis in reality. In that case, they are not buying Franklin because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Franklin Electric after-hype prediction price

    
  USD 107.28  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Franklin Electric Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
96.1598.03117.89
Details
Naive
Forecast
LowNextHigh
102.43104.31106.19
Details
5 Analysts
Consensus
LowTargetHigh
91.61100.67111.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.920.950.96
Details

Franklin Electric After-Hype Price Prediction Density Analysis

As far as predicting the price of Franklin Electric at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Franklin Electric or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Franklin Electric, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Franklin Electric Estimiated After-Hype Price Volatility

In the context of predicting Franklin Electric's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Franklin Electric's historical news coverage. Franklin Electric's after-hype downside and upside margins for the prediction period are 105.40 and 109.16, respectively. We have considered Franklin Electric's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
107.17
105.40
Downside
107.28
After-hype Price
109.16
Upside
Franklin Electric is very steady at this time. Analysis and calculation of next after-hype price of Franklin Electric is based on 3 months time horizon.

Franklin Electric Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Franklin Electric is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Franklin Electric backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Franklin Electric, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
1.89
  0.10 
  0.02 
8 Events / Month
4 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
107.17
107.28
0.10 
133.10  
Notes

Franklin Electric Hype Timeline

Franklin Electric is currently traded for 107.17. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of 0.02. Franklin is expected to increase in value after the next headline, with the price projected to jump to 107.28 or above. The average volatility of media hype impact on the company the price is about 133.1%. The price growth on the next news is projected to be 0.1%, whereas the daily expected return is currently at 0.07%. The volatility of related hype on Franklin Electric is about 847.53%, with the expected price after the next announcement by competition of 107.19. The company reported the previous year's revenue of 2.07 B. Net Income was 194.73 M with profit before overhead, payroll, taxes, and interest of 691.43 M. Given the investment horizon of 90 days the next expected press release will be in about 8 days.
Check out Franklin Electric Basic Forecasting Models to cross-verify your projections.

Franklin Electric Related Hype Analysis

Having access to credible news sources related to Franklin Electric's direct competition is more important than ever and may enhance your ability to predict Franklin Electric's future price movements. Getting to know how Franklin Electric's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Franklin Electric may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PHParker Hannifin 2.80 11 per month 0.82  0.11  2.18 (1.25) 11.35 
CIRAXCapital Income Builder 0.00 0 per month 0.43 (0.29) 0.66 (0.82) 1.81 
EURLDirexion Daily FTSE 0.08 1 per month 0.00 (0.21) 2.74 (5.13) 12.68 
DODWXDodge Global Stock(0.28)1 per month 0.00 (0.20) 1.08 (1.09) 3.17 
COLLCollegium Pharmaceutical(0.86)8 per month 0.00 (0.16) 3.23 (4.47) 12.29 
DLDCXDreyfus Natural Resources 0.00 0 per month 1.30 (0.07) 1.58 (2.05) 4.99 
PBR-APetrleo Brasileiro SA(0.03)13 per month 0.00 (0.15) 2.27 (2.81) 5.66 
AQPWSignet International Holdings 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
BZHBeazer Homes USA(1.35)8 per month 2.12  0.01  4.14 (3.93) 12.19 
KKRKKR Co LP 1.87 8 per month 0.94  0.17  3.05 (1.76) 11.31 

Franklin Electric Additional Predictive Modules

Most predictive techniques to examine Franklin price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Franklin using various technical indicators. When you analyze Franklin charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Franklin Electric Predictive Indicators

The successful prediction of Franklin Electric stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Franklin Electric Co, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Franklin Electric based on analysis of Franklin Electric hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Franklin Electric's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Franklin Electric's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0076120.010.0093440.015
Price To Sales Ratio2.641.812.161.18

Story Coverage note for Franklin Electric

The number of cover stories for Franklin Electric depends on current market conditions and Franklin Electric's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Franklin Electric is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Franklin Electric's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Franklin Electric Short Properties

Franklin Electric's future price predictability will typically decrease when Franklin Electric's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Franklin Electric Co often depends not only on the future outlook of the potential Franklin Electric's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Franklin Electric's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding46.9 M
Cash And Short Term Investments85 M

Complementary Tools for Franklin Stock analysis

When running Franklin Electric's price analysis, check to measure Franklin Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Electric is operating at the current time. Most of Franklin Electric's value examination focuses on studying past and present price action to predict the probability of Franklin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Electric's price. Additionally, you may evaluate how the addition of Franklin Electric to your portfolios can decrease your overall portfolio volatility.
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