Federal Signal Corporation (NYSE:FSS) Receives $140.50 Average PT from Analysts

Federal Signal Corporation (NYSE:FSS) has received a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $140.50.

A number of research analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Zacks Research downgraded Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Citigroup started coverage on Federal Signal in a report on Monday, August 17th. They issued a “buy” rating and a $150.00 price objective for the company.

Insider Transactions at Federal Signal

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total value of $1,937,816.64. Following the completion of the transaction, the vice president directly owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. The trade was a 48.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Federal Signal during the second quarter worth $1,236,004,000. Norges Bank acquired a new stake in Federal Signal during the fourth quarter valued at $98,257,000. Bank of America Corp DE acquired a new stake in Federal Signal during the second quarter valued at $78,503,000. Vaughan Nelson Investment Management L.P. purchased a new position in Federal Signal in the first quarter valued at $57,749,000. Finally, Bank of New York Mellon Corp purchased a new position in Federal Signal in the second quarter valued at $53,055,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Stock Performance

FSS opened at $114.03 on Wednesday. Federal Signal has a 12-month low of $101.18 and a 12-month high of $134.51. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $6.96 billion, a PE ratio of 24.58, a P/E/G ratio of 1.55 and a beta of 1.23. The firm has a 50 day moving average of $119.93 and a two-hundred day moving average of $116.21.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, beating the consensus estimate of $1.29 by $0.13. The business had revenue of $670.20 million for the quarter, compared to the consensus estimate of $667.04 million. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The business’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.17 EPS. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, analysts anticipate that Federal Signal will post 5.23 EPS for the current year.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Friday, August 14th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.5%. The ex-dividend date was Friday, August 14th. Federal Signal’s dividend payout ratio (DPR) is currently 12.93%.

Federal Signal Company Profile

Federal Signal Corporation (NYSE:FSS) designs and manufactures equipment and systems that help protect people, maintain infrastructure and improve environmental conditions. The company serves municipal, governmental, industrial and commercial customers with products used in public safety, emergency response, infrastructure maintenance and environmental services.

Its Environmental Solutions Group provides street sweepers, sewer cleaners, vacuum excavators, hydro-excavation equipment, vacuum loaders and related vehicles and systems.