Federal Signal Corporation (NYSE:FSS) Receives Average Recommendation of “Buy” from Analysts

Shares of Federal Signal Corporation (NYSE:FSS) have received an average rating of “Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $139.25.

Several brokerages have issued reports on FSS. CJS Securities raised Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target for the company in a research note on Thursday, February 26th. Weiss Ratings lowered Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. Zacks Research raised Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, KeyCorp reissued an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a research note on Thursday, April 30th.

Institutional Investors Weigh In On Federal Signal

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Physician Wealth Advisors Inc. lifted its stake in shares of Federal Signal by 57.2% in the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after acquiring an additional 91 shares during the last quarter. New Age Alpha Advisors LLC lifted its stake in shares of Federal Signal by 3.4% in the 4th quarter. New Age Alpha Advisors LLC now owns 2,895 shares of the conglomerate’s stock valued at $314,000 after acquiring an additional 95 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in shares of Federal Signal by 10.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock valued at $117,000 after acquiring an additional 100 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Federal Signal by 9.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate’s stock valued at $130,000 after acquiring an additional 108 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of Federal Signal by 50.5% in the 4th quarter. UMB Bank n.a. now owns 331 shares of the conglomerate’s stock valued at $36,000 after acquiring an additional 111 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.

Federal Signal Price Performance

Federal Signal stock opened at $106.55 on Monday. Federal Signal has a 52 week low of $97.25 and a 52 week high of $132.89. The business has a 50-day simple moving average of $113.11 and a 200 day simple moving average of $112.82. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 1.54 and a beta of 1.26.

Federal Signal (NYSE:FSS) last posted its earnings results on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, topping the consensus estimate of $0.89 by $0.29. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The business had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $579.87 million. During the same period in the previous year, the business earned $0.76 earnings per share. The firm’s revenue was up 35.0% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. On average, research analysts forecast that Federal Signal will post 4.94 earnings per share for the current fiscal year.

Federal Signal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, May 15th. Federal Signal’s payout ratio is 13.64%.

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.