Federal Signal Corporation (NYSE:FSS) Director Brenda Reichelderfer sold 8,279 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $20.76, for a total value of $171,872.04. Following the completion of the sale, the director now owns 69,388 shares in the company, valued at approximately $1,440,494.88. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Brenda Reichelderfer also recently made the following trade(s):

  • On Friday, November 17th, Brenda Reichelderfer sold 45,721 shares of Federal Signal Corporation stock. The shares were sold at an average price of $20.76, for a total value of $949,167.96.

Federal Signal Corporation (NYSE:FSS) opened at $20.81 on Tuesday. Federal Signal Corporation has a one year low of $13.07 and a one year high of $23.64. The company has a market capitalization of $1,242.27, a price-to-earnings ratio of 26.90 and a beta of 1.32. The company has a current ratio of 2.37, a quick ratio of 1.23 and a debt-to-equity ratio of 0.67.

Federal Signal Corporation (NYSE:FSS) last released its earnings results on Thursday, November 2nd. The conglomerate reported $0.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.03. Federal Signal Corporation had a return on equity of 11.39% and a net margin of 5.30%. The firm had revenue of $249.00 million during the quarter, compared to analysts’ expectations of $240.30 million. During the same period in the previous year, the firm posted $0.17 EPS. Federal Signal Corporation’s revenue for the quarter was up 33.4% on a year-over-year basis. analysts anticipate that Federal Signal Corporation will post 0.81 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 5th. Investors of record on Tuesday, November 14th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, November 13th. This represents a $0.28 annualized dividend and a yield of 1.35%. Federal Signal Corporation’s payout ratio is 38.36%.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in FSS. IFP Advisors Inc grew its stake in Federal Signal Corporation by 12,320.0% during the 2nd quarter. IFP Advisors Inc now owns 6,831 shares of the conglomerate’s stock worth $119,000 after purchasing an additional 6,776 shares in the last quarter. Quantbot Technologies LP acquired a new position in Federal Signal Corporation during the 3rd quarter worth $120,000. Pinebridge Investments L.P. grew its stake in Federal Signal Corporation by 1.1% during the 2nd quarter. Pinebridge Investments L.P. now owns 7,876 shares of the conglomerate’s stock worth $137,000 after purchasing an additional 86 shares in the last quarter. First Quadrant L P CA acquired a new position in Federal Signal Corporation during the 3rd quarter worth $187,000. Finally, State of Alaska Department of Revenue grew its stake in Federal Signal Corporation by 79.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 11,807 shares of the conglomerate’s stock worth $204,000 after purchasing an additional 5,217 shares in the last quarter. 84.44% of the stock is owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research upgraded Federal Signal Corporation from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Thursday, September 7th. Four research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus price target of $22.50.

Federal Signal Corporation Company Profile

Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company’s segments include the Environmental Solutions Group and the Safety and Security Systems Group. Its Environmental Solutions Group manufactures and supplies a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.

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