Federal Signal Corp. (FSS) Trading Up 3.1%
Federal Signal Corp. (NYSE:FSS) was up 3.1% during mid-day trading on Wednesday . The stock traded as high as $13.18 and last traded at $13.17, with a volume of 476,862 shares. The stock had previously closed at $12.78.
Several equities research analysts recently issued reports on FSS shares. Zacks Investment Research raised shares of Federal Signal Corp. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 3rd. TheStreet downgraded shares of Federal Signal Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, August 4th.
The company has a market capitalization of $795.91 million and a P/E ratio of 15.59. The firm has a 50 day moving average of $13.15 and a 200-day moving average of $13.20.
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. During the same quarter in the previous year, the firm earned $0.29 earnings per share. The company had revenue of $172.30 million for the quarter, compared to analysts’ expectations of $180.05 million. The business’s quarterly revenue was down 16.1% compared to the same quarter last year. On average, analysts forecast that Federal Signal Corp. will post $0.70 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 26th. Investors of record on Tuesday, August 16th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend is Friday, August 12th.
An institutional investor recently raised its position in Federal Signal Corp. stock. Victory Capital Management Inc. increased its position in shares of Federal Signal Corp. (NYSE:FSS) by 14.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. 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 about 0.15% of Federal Signal Corp. worth $1,488,000 as of its most recent SEC filing.
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.
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