Federal Signal Corporation (NYSE:FSS) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Federal Signal Corporation (NYSE:FSS) have been assigned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $123.00.

Several research analysts have recently commented on FSS shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Federal Signal in a report on Monday, December 29th. Zacks Research lowered shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th.

Federal Signal Trading Up 1.8%

Shares of NYSE:FSS opened at $115.79 on Friday. The firm has a market capitalization of $7.04 billion, a price-to-earnings ratio of 30.23, a price-to-earnings-growth ratio of 1.77 and a beta of 1.35. Federal Signal has a 1 year low of $66.47 and a 1 year high of $132.89. The business’s 50 day moving average price is $111.53 and its 200-day moving average price is $116.53. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.61 and a quick ratio of 1.25.

Federal Signal (NYSE:FSS) last posted its quarterly earnings data on Thursday, October 30th. The conglomerate reported $1.14 EPS for the quarter, topping the consensus estimate of $1.07 by $0.07. Federal Signal had a return on equity of 19.50% and a net margin of 11.47%.The company had revenue of $555.00 million during the quarter, compared to analyst estimates of $545.19 million. During the same period in the previous year, the business earned $0.87 EPS. Federal Signal’s quarterly revenue was up 17.0% on a year-over-year basis. Federal Signal has set its FY 2025 guidance at 4.090-4.170 EPS. On average, equities research analysts forecast that Federal Signal will post 3.34 earnings per share for the current fiscal year.

Federal Signal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th were issued a $0.14 dividend. The ex-dividend date was Friday, November 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.5%. Federal Signal’s dividend payout ratio is presently 14.62%.

Insider Activity at Federal Signal

In related news, COO Mark Weber sold 51,187 shares of Federal Signal stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $111.56, for a total transaction of $5,710,421.72. Following the sale, the chief operating officer directly owned 73,874 shares in the company, valued at $8,241,383.44. This trade represents a 40.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.30% of the stock is owned by company insiders.

Institutional Trading of Federal Signal

A number of hedge funds have recently added to or reduced their stakes in FSS. EverSource Wealth Advisors LLC lifted its stake in shares of Federal Signal by 140.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 142 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of 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 worth $30,000 after buying an additional 248 shares in the last quarter. MAI Capital Management lifted its holdings in shares of Federal Signal by 1,003.8% in the second quarter. MAI Capital Management now owns 287 shares of the conglomerate’s stock valued at $31,000 after purchasing an additional 261 shares in the last quarter. Physician Wealth Advisors Inc. grew its holdings in Federal Signal by 47.0% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 291 shares of the conglomerate’s stock valued at $31,000 after buying an additional 93 shares during the last quarter. Finally, CoreCap Advisors LLC boosted its stake in shares of Federal Signal by 50.0% during the third quarter. CoreCap Advisors LLC now owns 300 shares of the conglomerate’s stock valued at $36,000 after acquiring an additional 100 shares during the last quarter. 92.73% of the stock is owned by institutional investors and hedge funds.

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.