Federal Signal (NYSE:FSS) Stock Price Expected to Rise, DA Davidson Analyst Says

Federal Signal (NYSE:FSS - Get Free Report) had its target price increased by DA Davidson from $82.00 to $84.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a "neutral" rating on the conglomerate's stock. DA Davidson's price objective would suggest a potential downside of 6.20% from the stock's current price. DA Davidson also issued estimates for Federal Signal's Q2 2025 earnings at $1.04 EPS, FY2025 earnings at $3.80 EPS and FY2026 earnings at $4.17 EPS.

Other equities research analysts also recently issued reports about the stock. Raymond James decreased their price target on shares of Federal Signal from $105.00 to $100.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. StockNews.com downgraded Federal Signal from a "buy" rating to a "hold" rating in a research note on Saturday, March 1st.

Federal Signal Trading Down 0.0 %

Shares of NYSE:FSS traded down $0.04 during midday trading on Monday, reaching $89.55. The company's stock had a trading volume of 325,100 shares, compared to its average volume of 436,704. Federal Signal has a fifty-two week low of $66.47 and a fifty-two week high of $102.18. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.36 and a current ratio of 2.83. The firm has a 50 day moving average price of $77.74 and a two-hundred day moving average price of $87.99. The firm has a market capitalization of $5.46 billion, a price-to-earnings ratio of 25.96, a PEG ratio of 1.85 and a beta of 1.23.

Federal Signal (NYSE:FSS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The conglomerate reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.03. The firm had revenue of $463.80 million for the quarter, compared to analyst estimates of $462.63 million. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The company's revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 earnings per share. As a group, analysts forecast that Federal Signal will post 3.34 earnings per share for the current year.

Federal Signal declared that its board has authorized a share repurchase plan on Tuesday, April 22nd that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the conglomerate to repurchase up to 3.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Insider Activity

In other Federal Signal news, CEO Jennifer L. Sherman purchased 1,250 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average price of $82.32 per share, with a total value of $102,900.00. Following the transaction, the chief executive officer now owns 559,183 shares in the company, valued at $46,031,944.56. The trade was a 0.22 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.30% of the company's stock.

Institutional Trading of Federal Signal

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC grew its holdings in Federal Signal by 338.7% during the third quarter. Barclays PLC now owns 145,188 shares of the conglomerate's stock worth $13,569,000 after buying an additional 112,092 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Federal Signal during the 3rd quarter worth $46,000. Tidal Investments LLC grew its stake in shares of Federal Signal by 19.1% in the 3rd quarter. Tidal Investments LLC now owns 3,174 shares of the conglomerate's stock worth $297,000 after acquiring an additional 510 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Federal Signal by 26.7% in the 3rd quarter. Franklin Resources Inc. now owns 638,253 shares of the conglomerate's stock worth $59,523,000 after acquiring an additional 134,457 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Federal Signal by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 169,352 shares of the conglomerate's stock valued at $15,828,000 after purchasing an additional 2,348 shares during the last quarter. 92.73% of the stock is owned by institutional investors.

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.