Federal Signal Corporation (NYSE:FSS) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Federal Signal has a “Moderate Buy” consensus among six analysts, with three buy ratings, one strong buy, and two holds. The average 12-month price target is $140.50, including Citigroup’s $150 target.
• The company reported quarterly EPS of $1.42, beating estimates of $1.29, while revenue rose 18.7% year over year to $670.2 million. Analysts expect approximately $5.23 in EPS for the current year.
• Shares opened at $113.18, below the analyst target average, while institutional investors own 92.73% of the stock. A company vice president sold nearly $1.94 million in shares, and Federal Signal maintains a quarterly dividend of $0.15.

Federal Signal Corporation (NYSE:FSS - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $140.50.

FSS has been the subject of a number of research analyst reports. Zacks Research lowered shares of Federal Signal from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 12th. Weiss Ratings lowered shares of Federal Signal from a "buy (b)" rating to a "buy (b-)" rating in a research note on Monday. Wall Street Zen cut Federal Signal from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Finally, Citigroup started coverage on Federal Signal in a research report on Monday, August 17th. They issued a "buy" rating and a $150.00 target price for the company.

Insider Buying and Selling at Federal Signal

In other news, VP Diane Bonina sold 14,856 shares of the company's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total value of $1,937,816.64. Following the completion of the sale, the vice president owned 15,689 shares in the company, valued at $2,046,473.16. This represents a 48.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 3.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Federal Signal

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tidal Investments LLC raised its holdings in shares of Federal Signal by 10.2% in the 2nd quarter. Tidal Investments LLC now owns 29,995 shares of the conglomerate's stock worth $3,854,000 after purchasing an additional 2,783 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in Federal Signal during the second quarter worth approximately $108,000. Baird Financial Group Inc. grew its position in Federal Signal by 213.8% in the second quarter. Baird Financial Group Inc. now owns 95,021 shares of the conglomerate's stock worth $12,209,000 after buying an additional 64,737 shares during the last quarter. Nykredit A S acquired a new position in Federal Signal in the second quarter worth approximately $272,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Federal Signal in the second quarter valued at $2,660,000. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Price Performance

Shares of NYSE FSS opened at $113.18 on Wednesday. Federal Signal has a fifty-two week low of $101.18 and a fifty-two week high of $134.51. The firm's 50-day simple moving average is $120.08 and its 200 day simple moving average is $116.26. The company has a quick ratio of 1.21, a current ratio of 2.74 and a debt-to-equity ratio of 0.30. The stock has a market cap of $6.91 billion, a P/E ratio of 24.39, a P/E/G ratio of 1.55 and a beta of 1.23.

Federal Signal (NYSE:FSS - Get Free Report) last announced its earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.13. The firm had revenue of $670.20 million during the quarter, compared to analyst estimates of $667.04 million. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. Federal Signal's revenue was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.17 EPS. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Equities analysts expect that Federal Signal will post 5.23 EPS for the current year.

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Friday, August 14th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, August 14th. Federal Signal's payout ratio is currently 12.93%.

About Federal Signal

Federal Signal Corporation NYSE: FSS designs and manufactures equipment and systems that help protect people, maintain infrastructure and improve environmental conditions. The company serves municipal, governmental, industrial and commercial customers with products used in public safety, emergency response, infrastructure maintenance and environmental services.

Its Environmental Solutions Group provides street sweepers, sewer cleaners, vacuum excavators, hydro-excavation equipment, vacuum loaders and related vehicles and systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.