Wall Street analysts predict that Federal Signal Co. (NYSE:FSS) will post earnings per share of $0.46 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Federal Signal’s earnings, with estimates ranging from $0.45 to $0.48. Federal Signal reported earnings of $0.45 per share in the same quarter last year, which would suggest a positive year over year growth rate of 2.2%. The company is expected to report its next quarterly earnings report before the market opens on Wednesday, July 31st.
According to Zacks, analysts expect that Federal Signal will report full-year earnings of $1.57 per share for the current year, with EPS estimates ranging from $1.55 to $1.60. For the next fiscal year, analysts expect that the firm will post earnings of $1.75 per share, with EPS estimates ranging from $1.69 to $1.85. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Federal Signal.
Federal Signal (NYSE:FSS) last announced its quarterly earnings data on Thursday, May 2nd. The conglomerate reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.04. Federal Signal had a net margin of 8.85% and a return on equity of 17.57%. The company had revenue of $273.80 million for the quarter, compared to the consensus estimate of $264.40 million. During the same period in the prior year, the firm posted $0.23 EPS. The company’s quarterly revenue was up 9.7% compared to the same quarter last year.
A number of equities research analysts have commented on FSS shares. ValuEngine downgraded shares of Vereit from a “buy” rating to a “hold” rating in a research report on Friday. Zacks Investment Research raised shares of HB Fuller from a “sell” rating to a “hold” rating in a research report on Wednesday, July 3rd.
Shares of NYSE:FSS traded up $0.29 during trading hours on Friday, reaching $27.95. The stock had a trading volume of 464,953 shares, compared to its average volume of 231,801. Federal Signal has a 1 year low of $18.59 and a 1 year high of $29.00. The business’s 50 day moving average is $26.09. The company has a quick ratio of 1.05, a current ratio of 2.08 and a debt-to-equity ratio of 0.43. The stock has a market cap of $1.67 billion, a PE ratio of 19.55 and a beta of 1.57.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. boosted its position in shares of Federal Signal by 2.3% in the 4th quarter. BlackRock Inc. now owns 8,706,981 shares of the conglomerate’s stock worth $173,269,000 after purchasing an additional 197,538 shares in the last quarter. Texas Permanent School Fund lifted its position in Federal Signal by 4.1% in the 4th quarter. Texas Permanent School Fund now owns 39,422 shares of the conglomerate’s stock valued at $784,000 after acquiring an additional 1,544 shares in the last quarter. Citigroup Inc. lifted its position in Federal Signal by 7.5% in the 4th quarter. Citigroup Inc. now owns 42,334 shares of the conglomerate’s stock valued at $842,000 after acquiring an additional 2,970 shares in the last quarter. Great West Life Assurance Co. Can lifted its position in Federal Signal by 8.0% in the 4th quarter. Great West Life Assurance Co. Can now owns 80,390 shares of the conglomerate’s stock valued at $1,475,000 after acquiring an additional 5,930 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its position in Federal Signal by 97.3% in the 4th quarter. Hsbc Holdings PLC now owns 53,756 shares of the conglomerate’s stock valued at $1,070,000 after acquiring an additional 26,507 shares in the last quarter. 89.14% of the stock is currently owned by hedge funds and other institutional investors.
About Federal Signal
Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through two segments, Environmental Solutions Group and Safety and Security Systems Group.
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