Brokerages Set Federal Signal Corporation (NYSE:FSS) Price Target at $131.75

Shares of Federal Signal Corporation (NYSE:FSS) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $131.75.

A number of research firms have commented on FSS. CJS Securities raised shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price objective for the company in a research note on Thursday, February 26th. KeyCorp raised shares of Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 target price on the stock in a research report on Tuesday, March 10th. Wall Street Zen lowered shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Federal Signal in a research report on Monday, December 29th.

Federal Signal Stock Performance

Shares of NYSE FSS opened at $106.63 on Wednesday. The stock’s fifty day simple moving average is $112.96 and its 200 day simple moving average is $115.04. The stock has a market capitalization of $6.49 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 1.64 and a beta of 1.32. The company has a quick ratio of 1.35, a current ratio of 3.02 and a debt-to-equity ratio of 0.41. Federal Signal has a 52-week low of $66.47 and a 52-week high of $132.89.

Federal Signal (NYSE:FSS) last announced its earnings results on Wednesday, February 25th. The conglomerate reported $1.16 EPS for the quarter, beating the consensus estimate of $1.08 by $0.08. Federal Signal had a return on equity of 20.14% and a net margin of 11.31%.The business had revenue of $597.10 million during the quarter, compared to the consensus estimate of $551.36 million. During the same period in the prior year, the business posted $0.87 earnings per share. Federal Signal’s revenue was up 26.5% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. As a group, sell-side analysts forecast that Federal Signal will post 3.34 earnings per share for the current fiscal year.

Federal Signal Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 13th were issued a $0.15 dividend. The ex-dividend date was Friday, March 13th. This is an increase from Federal Signal’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%. Federal Signal’s dividend payout ratio is currently 14.96%.

Institutional Trading of Federal Signal

Several hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its position in Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after buying an additional 142 shares during the period. Palladiem LLC acquired a new stake in Federal Signal during the 4th quarter worth about $27,000. Caitong International Asset Management Co. Ltd grew its stake in Federal Signal by 3,100.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 248 shares in the last quarter. Covestor Ltd grew its stake in Federal Signal by 118.0% during the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 151 shares in the last quarter. Finally, MAI Capital Management increased its holdings in shares of 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 purchasing an additional 261 shares during the period. Institutional investors and hedge funds own 92.73% of the company’s stock.

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.