Somewhat Favorable News Coverage Somewhat Unlikely to Affect Federal Signal (FSS) Stock Price
News stories about Federal Signal (NYSE:FSS) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Federal Signal earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned media stories about the conglomerate an impact score of 48.0916169913288 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of analysts recently commented on FSS shares. Zacks Investment Research lowered Federal Signal from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. ValuEngine lowered Federal Signal from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $22.50.
Shares of Federal Signal (FSS) opened at $19.97 on Friday. The company has a quick ratio of 1.23, a current ratio of 2.37 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $1,190.68, a PE ratio of 27.36 and a beta of 1.33. Federal Signal has a 12-month low of $13.07 and a 12-month high of $23.64.
Federal Signal (NYSE:FSS) last issued its earnings results on Thursday, November 2nd. The conglomerate reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.03. Federal Signal had a return on equity of 11.39% and a net margin of 5.30%. The firm had revenue of $249.00 million for the quarter, compared to analysts’ expectations of $240.30 million. During the same quarter last year, the business earned $0.17 earnings per share. The company’s revenue was up 33.4% compared to the same quarter last year. analysts anticipate that Federal Signal will post 0.81 EPS for the current year.
In other Federal Signal news, Director Brenda Reichelderfer sold 8,279 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $20.76, for a total transaction of $171,872.04. Following the transaction, the director now owns 69,388 shares in the company, valued at $1,440,494.88. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director James E. Goodwin sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $20.67, for a total value of $206,700.00. Following the transaction, the director now owns 122,929 shares in the company, valued at approximately $2,540,942.43. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 110,172 shares of company stock worth $2,338,207. Company insiders own 4.20% of the company’s stock.
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Federal Signal Company Profile
Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company’s segments include the Environmental Solutions Group and the Safety and Security Systems Group. Its Environmental Solutions Group manufactures and supplies a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.
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