William Blair Lifts Earnings Estimates for Federal Signal

Federal Signal Co. (NYSE:FSS - Free Report) - Equities researchers at William Blair boosted their Q2 2025 earnings per share estimates for Federal Signal in a research note issued on Wednesday, April 30th. William Blair analyst R. Sparenblek now forecasts that the conglomerate will post earnings of $1.12 per share for the quarter, up from their prior forecast of $1.11. The consensus estimate for Federal Signal's current full-year earnings is $3.34 per share. William Blair also issued estimates for Federal Signal's Q3 2025 earnings at $1.03 EPS, Q4 2025 earnings at $0.95 EPS, FY2025 earnings at $3.85 EPS and FY2026 earnings at $4.50 EPS.

FSS has been the topic of a number of other reports. Raymond James lowered their price objective on shares of Federal Signal from $105.00 to $100.00 and set an "outperform" rating on the stock in a research report on Monday, April 14th. DA Davidson increased their price objective on Federal Signal from $82.00 to $84.00 and gave the stock a "neutral" rating in a report on Monday. Finally, StockNews.com downgraded Federal Signal from a "buy" rating to a "hold" rating in a research note on Saturday, March 1st.

Federal Signal Stock Up 1.4 %

Federal Signal stock traded up $1.26 during mid-day trading on Friday, hitting $88.58. The company's stock had a trading volume of 270,646 shares, compared to its average volume of 432,708. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.83 and a quick ratio of 1.36. Federal Signal has a 52-week low of $66.47 and a 52-week high of $102.18. The firm's 50 day moving average is $77.23 and its 200 day moving average is $87.94. The company has a market cap of $5.40 billion, a PE ratio of 25.69, a price-to-earnings-growth ratio of 1.85 and a beta of 1.23.

Federal Signal (NYSE:FSS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The conglomerate reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.03. The firm had revenue of $463.80 million for the quarter, compared to analysts' expectations of $462.63 million. Federal Signal had a net margin of 11.57% and a return on equity of 18.46%. The company's quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 EPS.

Institutional Trading of Federal Signal

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Federal Signal by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 7,247,803 shares of the conglomerate's stock valued at $669,625,000 after acquiring an additional 93,597 shares during the period. Invesco Ltd. increased its position in shares of Federal Signal by 12.4% during the 4th quarter. Invesco Ltd. now owns 2,199,200 shares of the conglomerate's stock worth $203,184,000 after purchasing an additional 242,840 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Federal Signal by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 1,630,971 shares of the conglomerate's stock worth $150,715,000 after buying an additional 29,197 shares in the last quarter. FMR LLC raised its position in Federal Signal by 19.4% in the 4th quarter. FMR LLC now owns 1,469,614 shares of the conglomerate's stock valued at $135,778,000 after purchasing an additional 238,608 shares during the last quarter. Finally, Van Berkom & Associates Inc. raised its holdings in shares of Federal Signal by 2.0% in the first quarter. Van Berkom & Associates Inc. now owns 1,045,565 shares of the conglomerate's stock valued at $76,901,000 after buying an additional 20,771 shares during the last quarter. Institutional investors and hedge funds own 92.73% of the company's stock.

Insider Transactions at Federal Signal

In other news, CEO Jennifer L. Sherman purchased 1,250 shares of the firm's stock in a transaction on Friday, February 28th. The stock was bought at an average cost of $82.32 per share, for a total transaction of $102,900.00. Following the completion of the acquisition, the chief executive officer now directly owns 559,183 shares of the company's stock, valued at approximately $46,031,944.56. The trade was a 0.22 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.30% of the stock is currently owned by corporate insiders.

Federal Signal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.63%. Federal Signal's dividend payout ratio is currently 16.37%.

Federal Signal declared that its board has initiated a stock repurchase program on Tuesday, April 22nd that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the conglomerate to buy up to 3.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

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.