Federal Signal Corporation (NYSE:FSS) Given Average Recommendation of “Buy” by Brokerages

Federal Signal Corporation (NYSE:FSS) has been given a consensus rating of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $139.25.

Several equities analysts have recently issued reports on the stock. KeyCorp reaffirmed an “overweight” rating and issued a $140.00 price objective on shares of Federal Signal in a research note on Thursday, April 30th. Weiss Ratings downgraded shares of Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. CJS Securities raised shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price on the stock in a research report on Thursday, February 26th. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, DA Davidson lifted their target price on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st.

Federal Signal Stock Performance

Shares of FSS opened at $109.04 on Monday. The firm’s 50 day moving average is $113.29 and its 200-day moving average is $112.86. The stock has a market capitalization of $6.65 billion, a P/E ratio of 24.78, a P/E/G ratio of 1.59 and a beta of 1.26. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.29. Federal Signal has a 12-month low of $97.25 and a 12-month high of $132.89.

Federal Signal (NYSE:FSS) last announced its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.29. The company had revenue of $625.60 million for the quarter, compared to analysts’ expectations of $579.87 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The business’s revenue was up 35.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Equities research analysts anticipate that Federal Signal will post 4.94 EPS for the current fiscal year.

Federal Signal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, May 15th. Federal Signal’s dividend payout ratio (DPR) is 13.64%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its position in shares of Federal Signal by 140.6% in the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 142 shares in the last quarter. Palladiem LLC purchased a new position in shares of Federal Signal in the fourth quarter worth approximately $27,000. Physician Wealth Advisors Inc. increased its position in shares of Federal Signal by 57.2% in the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 91 shares in the last quarter. Covestor Ltd increased its position in shares of Federal Signal by 118.0% in the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after acquiring an additional 151 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of 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 worth $30,000 after acquiring an additional 248 shares in the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

Federal Signal Company Profile

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.