Federal Signal (NYSE:FSS) Sets New 1-Year High – Still a Buy?

Shares of Federal Signal Corporation (NYSE:FSSGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $140.00 and last traded at $129.8110, with a volume of 7858 shares changing hands. The stock had previously closed at $128.72.

Analyst Ratings Changes

A number of equities analysts recently issued reports on FSS shares. KeyCorp reissued an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. DA Davidson boosted their target price on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Finally, Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $137.33.

Check Out Our Latest Stock Analysis on Federal Signal

Federal Signal Stock Down 1.0%

The firm has a 50 day moving average of $119.64 and a two-hundred day moving average of $115.54. The stock has a market capitalization of $7.78 billion, a PE ratio of 27.57, a P/E/G ratio of 1.73 and a beta of 1.24. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30.

Federal Signal (NYSE:FSSGet Free Report) last posted its earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share 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 company had revenue of $670.20 million for the quarter, compared to analyst estimates of $667.04 million. During the same quarter in the prior year, the company earned $1.17 earnings per share. Federal Signal’s revenue was up 18.7% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Equities research analysts anticipate that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 14th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, August 14th. Federal Signal’s dividend payout ratio is 12.93%.

Insider Transactions at Federal Signal

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the sale, the vice president owned 15,689 shares in the company, valued at approximately $2,046,473.16. This represents a 48.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.30% of the company’s stock.

Institutional Investors Weigh In On Federal Signal

Hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after buying an additional 142 shares during the period. Palladiem LLC acquired a new stake in shares of Federal Signal in the fourth quarter worth approximately $27,000. Physician Wealth Advisors Inc. grew its holdings in Federal Signal by 57.2% in the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 91 shares during the period. Allworth Financial LP purchased a new stake in Federal Signal in the second quarter valued at approximately $33,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in Federal Signal by 3,100.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 248 shares during the period. 92.73% of the stock is owned by institutional investors and hedge funds.

Federal Signal Company Profile

(Get Free Report)

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.

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