Equities analysts expect that Federal Signal Co. (NYSE:FSS) will report $267.80 million in sales for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Federal Signal’s earnings. The highest sales estimate is $272.10 million and the lowest is $260.60 million. Federal Signal reported sales of $248.70 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 7.7%. The company is scheduled to announce its next earnings report on Thursday, November 1st.

On average, analysts expect that Federal Signal will report full-year sales of $1.08 billion for the current financial year, with estimates ranging from $1.07 billion to $1.08 billion. For the next fiscal year, analysts expect that the firm will post sales of $1.15 billion per share, with estimates ranging from $1.14 billion to $1.17 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Federal Signal.

Federal Signal (NYSE:FSS) last released its earnings results on Tuesday, August 7th. The conglomerate reported $0.45 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.12. The firm had revenue of $291.00 million during the quarter, compared to analyst estimates of $271.83 million. Federal Signal had a return on equity of 15.24% and a net margin of 7.97%.

Separately, Zacks Investment Research lowered Federal Signal from a “buy” rating to a “hold” rating in a research note on Friday, May 18th.

Federal Signal stock traded up $0.06 during trading on Friday, hitting $26.14. The company’s stock had a trading volume of 177,200 shares, compared to its average volume of 274,030. The firm has a market capitalization of $1.58 billion, a P/E ratio of 30.64 and a beta of 1.34. Federal Signal has a 1-year low of $18.37 and a 1-year high of $28.32. The company has a current ratio of 2.15, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 28th. Investors of record on Tuesday, August 14th were paid a $0.08 dividend. The ex-dividend date was Monday, August 13th. This represents a $0.32 annualized dividend and a yield of 1.22%. Federal Signal’s payout ratio is currently 37.65%.

Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new stake in Federal Signal during the first quarter worth about $187,000. US Bancorp DE increased its stake in Federal Signal by 41.8% during the first quarter. US Bancorp DE now owns 8,762 shares of the conglomerate’s stock worth $193,000 after acquiring an additional 2,581 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new stake in Federal Signal during the second quarter worth about $204,000. Cubist Systematic Strategies LLC acquired a new stake in Federal Signal during the second quarter worth about $206,000. Finally, Amalgamated Bank acquired a new stake in Federal Signal during the second quarter worth about $224,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Federal Signal Company Profile

Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through two segments, Environmental Solutions Group and Safety and Security Systems Group.

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Earnings History and Estimates for Federal Signal (NYSE:FSS)

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