Federal Signal Corp. Reaches New 12-Month High at $13.17 (FSS)
Federal Signal Corp. (NYSE:FSS)’s share price reached a new 52-week high during trading on Tuesday, Analyst Ratings.Net reports. The stock traded as high as $13.17 and last traded at $12.96, with a volume of 243,959 shares traded. The stock had previously closed at $12.87.
A number of analysts have recently weighed in on FSS shares. Analysts at Zacks upgraded shares of Federal Signal Corp. (NYSE:FSS) from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, September 26th. They now have a $13.80 price target on the stock. Separately, analysts at Global Hunter Securities raised their price target on shares of Federal Signal Corp. (NYSE:FSS) from $10.00 to $13.00 in a research note to investors on Tuesday, August 13th. They now have a “speculative buy” rating on the stock. Finally, analysts at TheStreet upgraded shares of Federal Signal Corp. (NYSE:FSS) from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, August 13th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $11.70.
Federal Signal Corp. has a 1-year low of $5.08 and a 1-year high of $13.17. The stock has a 50-day moving average of $12.10 and a 200-day moving average of $9.55. The company has a market cap of $811.3 million and a price-to-earnings ratio of 7.55.
Federal Signal Corp. (NYSE:FSS) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.09. The company had revenue of $222.60 million for the quarter, compared to the consensus estimate of $208.80 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. On average, analysts predict that Federal Signal Corp. will post $0.70 earnings per share for the current fiscal year.
Federal Signal Corporation designs and manufactures a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers.
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