Federal Signal Corp. Reaches New 12-Month High at $13.97 (FSS)
Federal Signal Corp. (NYSE:FSS)’s share price reached a new 52-week high during trading on Thursday, StockRatingsNetwork.com reports. The stock traded as high as $13.97 and last traded at $13.84, with a volume of 225,199 shares traded. The stock had previously closed at $13.79.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Federal Signal Corp. 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. 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. from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, August 13th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $11.70.
Federal Signal Corp. has a 52-week low of $5.08 and a 52-week high of $13.97. The stock’s 50-day moving average is $12.78 and its 200-day moving average is $9.94. The company has a market cap of $870.7 million and a price-to-earnings ratio of 8.09.
Federal Signal Corp. (NYSE:FSS) last announced its earnings results on Friday, August 9th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Analysts expect that Federal Signal Corp. will post $0.70 EPS 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.