Federal Signal Corp. (FSS) Sees Unusually-High Trading Volume
Federal Signal Corp. (NYSE:FSS) saw unusually-high trading volume on Monday . Approximately 381,375 shares changed hands during mid-day trading, an increase of 11% from the previous session’s volume of 342,255 shares.The stock last traded at $12.40 and had previously closed at $12.56.
FSS has been the topic of several research reports. Zacks Investment Research raised shares of Federal Signal Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, June 21st. TheStreet downgraded shares of Federal Signal Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, August 4th.
The stock has a market cap of $746.77 million and a P/E ratio of 14.62. The company has a 50-day moving average price of $13.14 and a 200 day moving average price of $13.21.
Federal Signal Corp. (NYSE:FSS) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.17 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.02. The business had revenue of $172.30 million for the quarter, compared to the consensus estimate of $180.05 million. The business’s revenue was down 16.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.29 EPS. On average, analysts predict that Federal Signal Corp. will post $0.70 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Tuesday, August 16th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, August 12th. This represents a $0.28 dividend on an annualized basis and a yield of 2.25%.
A hedge fund recently raised its stake in Federal Signal Corp. stock. Victory Capital Management Inc. increased its position in Federal Signal Corp. (NYSE:FSS) by 14.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 93,856 shares of the company’s stock after buying an additional 11,848 shares during the period. Victory Capital Management Inc. owned approximately 0.15% of Federal Signal Corp. worth $1,488,000 at the end of the most recent quarter.
Federal Signal Corporation designs and manufactures products and integrated solutions for municipal governmental industrial and commercial customers. The Company operates through two segments: Environmental Solutions Group, and Safety and Security Systems Group. Environmental Solutions Group is manufacturer and supplier of a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.