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

Federal Signal Corporation (NYSE:FSS) has been assigned an average recommendation of “Buy” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $139.25.

A number of research analysts have commented on FSS shares. CJS Securities raised Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target for the company in a research report on Thursday, February 26th. Weiss Ratings lowered Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. KeyCorp reaffirmed an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a research report on Thursday, April 30th. Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Zacks Research raised Federal Signal from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC grew its holdings in shares of Federal Signal by 18.7% during the 1st quarter. Parallel Advisors LLC now owns 767 shares of the conglomerate’s stock worth $83,000 after acquiring an additional 121 shares during the period. Glenmede Trust Co. NA grew its holdings in shares of Federal Signal by 6.1% during the 1st quarter. Glenmede Trust Co. NA now owns 6,533 shares of the conglomerate’s stock worth $706,000 after acquiring an additional 375 shares during the period. Argent Capital Management LLC grew its holdings in shares of Federal Signal by 54.9% during the 1st quarter. Argent Capital Management LLC now owns 57,275 shares of the conglomerate’s stock worth $6,194,000 after acquiring an additional 20,310 shares during the period. Bank of America Corp DE grew its holdings in shares of Federal Signal by 11.2% during the 1st quarter. Bank of America Corp DE now owns 682,765 shares of the conglomerate’s stock worth $73,834,000 after acquiring an additional 68,736 shares during the period. Finally, Edgestream Partners L.P. grew its holdings in shares of Federal Signal by 91.1% during the 1st quarter. Edgestream Partners L.P. now owns 60,130 shares of the conglomerate’s stock worth $6,502,000 after acquiring an additional 28,661 shares during the period. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Trading Up 0.1%

FSS opened at $106.55 on Monday. The business has a 50 day simple moving average of $113.11 and a two-hundred day simple moving average of $112.82. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 1.54 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 one year low of $97.25 and a one year high of $132.89.

Federal Signal (NYSE:FSS) last released its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. The business had revenue of $625.60 million during the quarter, compared to analyst estimates of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.Federal Signal’s quarterly revenue was up 35.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Analysts predict that Federal Signal will post 4.94 EPS for the current year.

Federal Signal Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.6%. Federal Signal’s dividend payout ratio is presently 13.64%.

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.