Federal Signal (NYSE:FSS) Reaches New 1-Year High – Time to Buy?

Shares of Federal Signal Corporation (NYSE:FSS) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $133.31 and last traded at $133.1880, with a volume of 174929 shares traded. The stock had previously closed at $131.09.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FSS. DA Davidson increased their target price on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. KeyCorp restated an “overweight” rating and issued a $140.00 price target on shares of Federal Signal in a research report on Thursday, April 30th. Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Wall Street Zen upgraded shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Federal Signal has an average rating of “Buy” and an average target price of $139.25.

Federal Signal Trading Down 2.0%

The company’s 50 day simple moving average is $116.54 and its 200-day simple moving average is $114.26. The firm has a market cap of $7.57 billion, a P/E ratio of 28.21, a P/E/G ratio of 1.93 and a beta of 1.23. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38.

Federal Signal (NYSE:FSS) last issued its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.29. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The firm had revenue of $625.60 million for the quarter, compared to the consensus estimate of $579.87 million. During the same period in the prior year, the business posted $0.76 earnings per share. The company’s revenue for the quarter was up 35.0% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, research analysts predict that Federal Signal Corporation will post 4.94 earnings per share for the current fiscal year.

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. Federal Signal’s dividend payout ratio (DPR) is presently 13.64%.

Hedge Funds Weigh In On Federal Signal

Hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Federal Signal by 140.6% in the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after purchasing an additional 142 shares during the period. Palladiem LLC bought a new stake in Federal Signal during the 4th quarter valued at $27,000. Physician Wealth Advisors Inc. raised its position in Federal Signal by 57.2% during the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 91 shares in the last quarter. Covestor Ltd lifted its holdings in shares of Federal Signal by 118.0% in the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after buying an additional 151 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of Federal Signal by 3,100.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after buying an additional 248 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors.

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.