Federal Signal Corporation (NYSE:FSS) Given Consensus Recommendation of “Moderate Buy” by Brokerages
by Michael Walen · The Markets DailyShares of Federal Signal Corporation (NYSE:FSS – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $131.75.
FSS has been the subject of a number of research analyst reports. CJS Securities raised Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target for the company in a report on Thursday, February 26th. Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Federal Signal in a research report on Monday, December 29th. Finally, KeyCorp raised Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 target price for the company in a research note on Tuesday, March 10th.
View Our Latest Stock Analysis on FSS
Institutional Investors Weigh In On Federal Signal
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in 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 last quarter. Palladiem LLC acquired a new position in shares of Federal Signal in the fourth quarter valued at approximately $27,000. Covestor Ltd increased its stake in shares of Federal Signal by 118.0% in the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after buying an additional 151 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in Federal Signal by 3,100.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after buying an additional 248 shares during the last quarter. Finally, MAI Capital Management raised its holdings in Federal Signal by 1,003.8% in the 2nd quarter. MAI Capital Management now owns 287 shares of the conglomerate’s stock valued at $31,000 after buying an additional 261 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.
Federal Signal Stock Performance
FSS opened at $108.32 on Wednesday. The firm has a market cap of $6.60 billion, a P/E ratio of 27.01, a price-to-earnings-growth ratio of 1.59 and a beta of 1.32. Federal Signal has a 52-week low of $66.47 and a 52-week high of $132.89. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.35 and a current ratio of 3.02. The business’s fifty day moving average is $112.69 and its 200-day moving average is $114.62.
Federal Signal (NYSE:FSS – Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.08. The company had revenue of $597.10 million for the quarter, compared to analysts’ expectations of $551.36 million. Federal Signal had a return on equity of 20.14% and a net margin of 11.31%.Federal Signal’s revenue was up 26.5% on a year-over-year basis. During the same quarter last year, the business earned $0.87 earnings per share. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. Sell-side analysts expect that Federal Signal will post 3.34 EPS for the current fiscal year.
Federal Signal Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 13th were issued a dividend of $0.15 per share. This is a boost from Federal Signal’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.60 annualized dividend and a dividend yield of 0.6%. Federal Signal’s payout ratio is presently 14.96%.
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.