Federal Signal Corporation (NYSE:FSS) Given Average Rating of “Moderate Buy” by Analysts

Federal Signal Corporation (NYSE:FSSGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $140.50.

FSS has been the topic of several research analyst reports. Zacks Research cut Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings cut shares of Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, September 14th. Finally, Citigroup started coverage on shares of Federal Signal in a report on Monday, August 17th. They set a “buy” rating and a $150.00 target price for the company.

Check Out Our Latest Research Report on FSS

Insider Transactions at Federal Signal

In related news, VP Diane Bonina sold 14,856 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the completion of the sale, the vice president owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. This represents a 48.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Palladiem LLC acquired a new stake in shares of Federal Signal in the fourth quarter valued at approximately $27,000. Physician Wealth Advisors Inc. boosted its stake in Federal Signal by 57.2% during the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after buying an additional 91 shares during the last quarter. Covestor Ltd boosted its stake in Federal Signal by 118.0% during the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after buying an additional 151 shares during the last quarter. Allworth Financial LP purchased a new stake in Federal Signal in the 2nd quarter valued at $33,000. Finally, Ancora Advisors LLC purchased a new stake in Federal Signal in the 2nd quarter valued at $34,000. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Trading Up 0.2%

Federal Signal stock opened at $114.03 on Wednesday. The company has a quick ratio of 1.21, a current ratio of 2.74 and a debt-to-equity ratio of 0.30. Federal Signal has a 52 week low of $101.18 and a 52 week high of $134.51. The stock has a 50-day moving average price of $119.93 and a 200 day moving average price of $116.19. The company has a market capitalization of $6.96 billion, a price-to-earnings ratio of 24.58, a price-to-earnings-growth ratio of 1.55 and a beta of 1.23.

Federal Signal (NYSE:FSSGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.13. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The business had revenue of $670.20 million during the quarter, compared to analysts’ expectations of $667.04 million. During the same quarter in the previous year, the firm posted $1.17 EPS. The company’s revenue for the quarter was up 18.7% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Sell-side analysts anticipate that Federal Signal will post 5.23 EPS for the current year.

Federal Signal Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Friday, August 14th were given a dividend of $0.15 per share. The ex-dividend date was Friday, August 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. Federal Signal’s payout ratio is presently 12.93%.

Federal Signal Company Profile

(Get Free Report)

Federal Signal Corporation (NYSE:FSS) designs and manufactures equipment and systems that help protect people, maintain infrastructure and improve environmental conditions. The company serves municipal, governmental, industrial and commercial customers with products used in public safety, emergency response, infrastructure maintenance and environmental services.

Its Environmental Solutions Group provides street sweepers, sewer cleaners, vacuum excavators, hydro-excavation equipment, vacuum loaders and related vehicles and systems.

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Analyst Recommendations for Federal Signal (NYSE:FSS)

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