Analysts Set Federal Signal Corporation (NYSE:FSS) Target Price at $140.50

Federal Signal Corporation (NYSE:FSS) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $140.50.

A number of analysts have recently weighed in on FSS shares. DA Davidson increased their target price on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. KeyCorp restated an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Zacks Research cut Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Finally, Citigroup assumed coverage on Federal Signal in a research report on Monday, August 17th. They issued a “buy” rating and a $150.00 price objective on the stock.

Insider Transactions at Federal Signal

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the completion of the transaction, the vice president directly owned 15,689 shares in the company, valued at approximately $2,046,473.16. This represents a 48.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.30% of the company’s stock.

Institutional Investors Weigh In On Federal Signal

A number of large investors have recently modified their holdings of the stock. California State Teachers Retirement System raised its stake in Federal Signal by 13,113.4% in the second quarter. California State Teachers Retirement System now owns 8,824,308 shares of the conglomerate’s stock worth $1,133,835,000 after buying an additional 8,757,525 shares in the last quarter. Compass Financial Management LLC purchased a new stake in Federal Signal in the second quarter worth about $51,000. Concurrent Investment Advisors LLC boosted its position in Federal Signal by 3.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 15,980 shares of the conglomerate’s stock valued at $2,053,000 after acquiring an additional 549 shares in the last quarter. Nykredit A S bought a new stake in Federal Signal during the 2nd quarter valued at approximately $272,000. Finally, Grandeur Peak Global Advisors LLC grew its holdings in shares of Federal Signal by 62.0% during the 2nd quarter. Grandeur Peak Global Advisors LLC now owns 43,766 shares of the conglomerate’s stock worth $5,623,000 after acquiring an additional 16,748 shares during the period. Institutional investors own 92.73% of the company’s stock.

Federal Signal Trading Down 2.1%

NYSE:FSS opened at $119.88 on Friday. The firm has a market capitalization of $7.32 billion, a P/E ratio of 25.84, a P/E/G ratio of 1.67 and a beta of 1.24. 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 company has a fifty day moving average of $122.24 and a 200 day moving average of $116.31. Federal Signal has a 52 week low of $101.18 and a 52 week high of $134.51.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.13. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The business had revenue of $670.20 million for the quarter, compared to analyst estimates of $667.04 million. During the same quarter last year, the firm earned $1.17 EPS. The company’s revenue was up 18.7% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, research analysts predict that Federal Signal will post 5.23 earnings per share for the current year.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Friday, August 14th will be issued a $0.15 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.60 annualized dividend and a yield of 0.5%. Federal Signal’s payout ratio is 12.93%.

Federal Signal Company Profile

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.