KeyCorp Comments on Federal Signal FY2025 Earnings

Federal Signal Co. (NYSE:FSS) – Investment analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for Federal Signal in a research report issued to clients and investors on Sunday, May 11th. KeyCorp analyst S. Barger anticipates that the conglomerate will post earnings per share of $3.84 for the year. KeyCorp has a “Overweight” rating and a $110.00 price target on the stock. The consensus estimate for Federal Signal’s current full-year earnings is $3.34 per share.

Federal Signal (NYSE:FSS) last issued its earnings results on Wednesday, April 30th. The conglomerate reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.03. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The business had revenue of $463.80 million during the quarter, compared to analysts’ expectations of $462.63 million. During the same quarter in the previous year, the business earned $0.64 EPS. The company’s revenue for the quarter was up 9.2% on a year-over-year basis.

Several other equities analysts have also commented on FSS. Raymond James reduced their price target on 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 boosted their target price on shares of Federal Signal from $82.00 to $84.00 and gave the stock a “neutral” rating in a research report on Monday, May 5th. Finally, StockNews.com downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, March 1st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $98.00.

Federal Signal Price Performance

Shares of NYSE FSS opened at $94.59 on Wednesday. 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 1-year low of $66.47 and a 1-year high of $102.18. The company has a market capitalization of $5.77 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.85 and a beta of 1.23. The business has a 50-day moving average of $78.30 and a 200-day moving average of $88.13.

Federal Signal Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Friday, May 16th. Federal Signal’s dividend payout ratio is currently 16.37%.

Federal Signal declared that its board has approved a share 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 generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Federal Signal

In other Federal Signal news, CEO Jennifer L. Sherman bought 1,250 shares of Federal Signal stock in a transaction dated 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 purchase, the chief executive officer now owns 559,183 shares in the company, valued at $46,031,944.56. This represents a 0.22% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.30% of the stock is owned by insiders.

Institutional Trading of Federal Signal

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Opal Wealth Advisors LLC bought a new stake in shares of Federal Signal in the 1st quarter worth about $29,000. Bessemer Group Inc. grew its stake in Federal Signal by 78.4% in the first quarter. Bessemer Group Inc. now owns 421 shares of the conglomerate’s stock worth $31,000 after purchasing an additional 185 shares in the last quarter. Signaturefd LLC grew its stake in Federal Signal by 37.4% in the fourth quarter. Signaturefd LLC now owns 606 shares of the conglomerate’s stock worth $56,000 after purchasing an additional 165 shares in the last quarter. Harbor Investment Advisory LLC increased its holdings in Federal Signal by 201.8% in the first quarter. Harbor Investment Advisory LLC now owns 658 shares of the conglomerate’s stock valued at $48,000 after buying an additional 440 shares during the last quarter. Finally, CoreCap Advisors LLC raised its stake in Federal Signal by 19.9% during the fourth quarter. CoreCap Advisors LLC now owns 875 shares of the conglomerate’s stock valued at $81,000 after buying an additional 145 shares in the last quarter. Institutional investors own 92.73% of the company’s stock.

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.