KeyCorp Weighs in on Federal Signal FY2025 Earnings

Federal Signal Co. (NYSE:FSS) – Equities research analysts at KeyCorp issued their FY2025 earnings per share estimates for Federal Signal in a research report issued on Sunday, May 11th. KeyCorp analyst S. Barger expects that the conglomerate will post earnings per share of $3.84 for the year. KeyCorp currently has a “Overweight” rating and a $110.00 price target on the stock. The consensus estimate for Federal Signal’s current full-year earnings is $3.34 per share.

Several other brokerages have also recently weighed in on FSS. DA Davidson increased their price target on shares of Federal Signal from $82.00 to $84.00 and gave the company a “neutral” rating in a research report on Monday, May 5th. StockNews.com downgraded Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, March 1st. Finally, Raymond James dropped their price target on Federal Signal from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

Federal Signal Price Performance

FSS opened at $94.14 on Wednesday. The stock has a market capitalization of $5.74 billion, a P/E ratio of 27.29, a PEG ratio of 1.85 and a beta of 1.23. Federal Signal has a 12-month low of $66.47 and a 12-month high of $102.18. The stock has a 50-day moving average price of $78.83 and a 200-day moving average price of $88.23. The company has a current ratio of 2.83, a quick ratio of 1.36 and a debt-to-equity ratio of 0.19.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Wednesday, April 30th. The conglomerate reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. The business had revenue of $463.80 million during the quarter, compared to analyst estimates of $462.63 million. Federal Signal had a net margin of 11.57% and a return on equity of 18.46%. Federal Signal’s revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS.

Federal Signal declared that its board has authorized a share repurchase program on Tuesday, April 22nd that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the conglomerate to repurchase up to 3.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.56 dividend on an annualized basis and a yield of 0.59%. Federal Signal’s dividend payout ratio is presently 16.37%.

Insider Activity at Federal Signal

In other news, CEO Jennifer L. Sherman acquired 1,250 shares of Federal Signal stock in a transaction on Friday, February 28th. The shares were bought at an average cost of $82.32 per share, for a total transaction of $102,900.00. Following the acquisition, the chief executive officer now directly owns 559,183 shares of the company’s stock, valued at $46,031,944.56. This trade represents a 0.22% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Federal Signal

Hedge funds and other institutional investors have recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of Federal Signal in the 1st quarter worth $29,000. Bessemer Group Inc. boosted its stake in shares of Federal Signal by 78.4% during the 1st quarter. Bessemer Group Inc. now owns 421 shares of the conglomerate’s stock worth $31,000 after acquiring an additional 185 shares in the last quarter. Harbor Investment Advisory LLC grew its stake in Federal Signal by 201.8% in the 1st quarter. Harbor Investment Advisory LLC now owns 658 shares of the conglomerate’s stock valued at $48,000 after acquiring an additional 440 shares during the period. Signaturefd LLC lifted its stake in Federal Signal by 37.4% in the 4th quarter. Signaturefd LLC now owns 606 shares of the conglomerate’s stock valued at $56,000 after buying an additional 165 shares in the last quarter. Finally, CoreCap Advisors LLC boosted its stake in shares of Federal Signal by 19.9% in the fourth quarter. CoreCap Advisors LLC now owns 875 shares of the conglomerate’s stock worth $81,000 after acquiring an additional 145 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.

Federal Signal Company Profile

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.