Federal Signal Corporation (NYSE:FSS) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Federal Signal Corporation (NYSE:FSS) has received an average rating of "Hold" from five brokerages, with four recommending hold and one giving a buy recommendation.
• The company's shares opened at $118.92, with a market capitalization of $7.23 billion and a PE ratio of 33.13.
• Federal Signal reported an EPS of $1.17 for the last quarter, exceeding analysts' estimates and reflecting a year-over-year revenue increase of 15.1%.

Shares of Federal Signal Corporation (NYSE:FSS - Get Free Report) have been assigned an average rating of "Hold" from the five brokerages that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $123.00.

A number of brokerages have commented on FSS. Wall Street Zen upgraded shares of Federal Signal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Zacks Research downgraded shares of Federal Signal from a "strong-buy" rating to a "hold" rating in a report on Monday. Raymond James Financial boosted their price target on Federal Signal from $120.00 to $145.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. KeyCorp restated a "sector weight" rating on shares of Federal Signal in a research note on Friday, July 11th. Finally, CJS Securities restated a "market perform" rating and set a $125.00 price target on shares of Federal Signal in a research note on Thursday, July 31st.

Federal Signal Stock Performance

Shares of Federal Signal stock opened at $118.92 on Wednesday. The company has a market capitalization of $7.23 billion, a PE ratio of 33.13, a P/E/G ratio of 2.12 and a beta of 1.32. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 2.60. The company has a 50-day simple moving average of $123.33 and a two-hundred day simple moving average of $102.15. Federal Signal has a one year low of $66.47 and a one year high of $130.30.

Federal Signal (NYSE:FSS - Get Free Report) last announced its earnings results on Wednesday, July 30th. The conglomerate reported $1.17 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.11. The business had revenue of $564.60 million during the quarter, compared to the consensus estimate of $537.24 million. Federal Signal had a net margin of 11.22% and a return on equity of 18.91%. The firm's revenue was up 15.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.95 earnings per share. Federal Signal has set its FY 2025 guidance at 3.920-4.100 EPS. Research analysts expect that Federal Signal will post 3.34 EPS for the current fiscal year.

Federal Signal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Friday, August 15th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, August 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.5%. Federal Signal's payout ratio is presently 15.60%.

Institutional Investors Weigh In On Federal Signal

A number of large investors have recently modified their holdings of FSS. EverSource Wealth Advisors LLC grew its stake in shares of Federal Signal by 140.6% during the second 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 last quarter. Opal Wealth Advisors LLC purchased a new stake in Federal Signal in the first quarter valued at approximately $29,000. Bessemer Group Inc. boosted its position in Federal Signal by 78.4% in the first quarter. Bessemer Group Inc. now owns 421 shares of the conglomerate's stock valued at $31,000 after buying an additional 185 shares during the last quarter. Physician Wealth Advisors Inc. boosted its position in Federal Signal by 47.0% in the second 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, MAI Capital Management boosted its position in 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 buying an additional 261 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company's stock.

About Federal Signal

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.

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