Federal Signal Corporation (NYSE:FSS) Given Average Recommendation of “Buy” by Analysts

Federal Signal Corporation (NYSE:FSSGet Free Report) has received a consensus rating of “Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $139.25.

Several equities research analysts have issued reports on FSS shares. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. 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. DA Davidson lifted their price target on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. KeyCorp reiterated an “overweight” rating and issued a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. Finally, Zacks Research raised Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th.

Get Our Latest Stock Report on Federal Signal

Hedge Funds Weigh In On Federal Signal

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Federal Signal by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 6,840,396 shares of the conglomerate’s stock valued at $742,799,000 after buying an additional 138,855 shares during the period. Capital World Investors lifted its stake in Federal Signal by 4.4% in the fourth quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock worth $256,522,000 after acquiring an additional 100,000 shares during the period. State Street Corp grew its holdings in Federal Signal by 0.4% during the 2nd quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock worth $241,203,000 after acquiring an additional 7,982 shares in the last quarter. Invesco Ltd. grew its holdings in Federal Signal by 10.2% during the 4th quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate’s stock worth $235,509,000 after acquiring an additional 201,440 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Federal Signal by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock worth $187,427,000 after acquiring an additional 18,587 shares in the last quarter. Institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Up 2.8%

Shares of FSS opened at $131.12 on Friday. The firm has a market capitalization of $8.00 billion, a P/E ratio of 29.80, a P/E/G ratio of 1.84 and a beta of 1.23. Federal Signal has a 12-month low of $101.18 and a 12-month high of $132.89. The company has a current ratio of 2.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The firm has a fifty day moving average price of $115.67 and a 200-day moving average price of $113.84.

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

Federal Signal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, May 15th. Federal Signal’s dividend payout ratio is currently 13.64%.

About Federal Signal

(Get Free Report)

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.

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Analyst Recommendations for Federal Signal (NYSE:FSS)

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