Brokerages Set Federal Signal Corporation (NYSE:FSS) Target Price at $126.75

Federal Signal Corporation (NYSE:FSS) has earned an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $126.75.

FSS has been the subject of several research analyst reports. CJS Securities raised Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price objective for the company in a research note on Thursday, February 26th. Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Federal Signal in a report on Monday, December 29th.

Institutional Investors Weigh In On Federal Signal

Several hedge funds have recently bought and sold shares of FSS. EverSource Wealth Advisors LLC raised its position in shares of Federal Signal by 140.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after buying an additional 142 shares in the last quarter. Palladiem LLC purchased a new position in Federal Signal in the fourth quarter worth $27,000. Covestor Ltd increased its stake in Federal Signal by 118.0% in the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 151 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Federal Signal by 3,100.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 248 shares during the last quarter. Finally, MAI Capital Management raised its position in Federal Signal by 1,003.8% during the second quarter. MAI Capital Management now owns 287 shares of the conglomerate’s stock valued at $31,000 after purchasing an additional 261 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Price Performance

Federal Signal stock traded down $3.72 during midday trading on Friday, reaching $108.65. 452,830 shares of the stock were exchanged, compared to its average volume of 391,667. Federal Signal has a 52 week low of $66.47 and a 52 week high of $132.89. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.35 and a current ratio of 3.02. The firm has a market cap of $6.62 billion, a PE ratio of 27.09, a PEG ratio of 1.71 and a beta of 1.32. The company’s fifty day moving average is $114.73 and its 200-day moving average is $116.85.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $1.16 EPS for the quarter, beating the consensus estimate of $1.08 by $0.08. The firm had revenue of $597.10 million during the quarter, compared to the consensus estimate of $551.36 million. Federal Signal had a net margin of 11.31% and a return on equity of 20.14%. The business’s quarterly revenue was up 26.5% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. On average, sell-side analysts forecast that Federal Signal will post 3.34 EPS for the current year.

Federal Signal Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Friday, March 13th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.6%. This is a positive change from Federal Signal’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, March 13th. Federal Signal’s dividend payout ratio (DPR) is currently 13.97%.

About Federal Signal

Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.