Federal Signal Corporation (NYSE:FSS) Given Consensus Rating of “Buy” by Analysts

Shares of Federal Signal Corporation (NYSE:FSS) have earned an average recommendation of “Buy” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $139.25.

Several equities analysts recently issued reports on FSS shares. KeyCorp reiterated an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a research report on Thursday, April 30th. DA Davidson lifted their price objective on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Zacks Research raised Federal Signal from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. Finally, Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FSS. GAMMA Investing LLC lifted its position in Federal Signal by 7.3% during the second quarter. GAMMA Investing LLC now owns 2,786 shares of the conglomerate’s stock valued at $358,000 after purchasing an additional 189 shares during the period. Harbor Investment Advisory LLC purchased a new position in shares of Federal Signal in the 2nd quarter worth $134,000. Carderock Capital Management Inc. grew its holdings in shares of Federal Signal by 118.6% in the second quarter. Carderock Capital Management Inc. now owns 74,774 shares of the conglomerate’s stock worth $9,608,000 after acquiring an additional 40,572 shares during the period. Parallel Advisors LLC grew its holdings in shares of Federal Signal by 18.7% in the first quarter. Parallel Advisors LLC now owns 767 shares of the conglomerate’s stock worth $83,000 after acquiring an additional 121 shares during the period. Finally, Glenmede Trust Co. NA increased its position in Federal Signal by 6.1% during the first quarter. Glenmede Trust Co. NA now owns 6,533 shares of the conglomerate’s stock valued at $706,000 after acquiring an additional 375 shares during the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

Federal Signal Stock Down 5.6%

Shares of Federal Signal stock opened at $126.32 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 2.84. Federal Signal has a 52-week low of $101.18 and a 52-week high of $134.51. The stock has a market capitalization of $7.71 billion, a price-to-earnings ratio of 28.71, a P/E/G ratio of 1.93 and a beta of 1.23. The company’s 50 day moving average price is $116.54 and its 200-day moving average price is $114.26.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. The company had revenue of $625.60 million for the quarter, compared to the consensus estimate of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.Federal Signal’s revenue was up 35.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Equities research analysts forecast that Federal Signal will post 4.94 EPS for the current year.

Federal Signal Announces Dividend

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

About Federal Signal

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.