Wall Street analysts expect Federal Signal Corporation (NYSE:FSS) to post $0.20 earnings per share for the current quarter, according to Zacks. Three analysts have made estimates for Federal Signal’s earnings. The highest EPS estimate is $0.21 and the lowest is $0.20. Federal Signal posted earnings of $0.16 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 25%. The firm is scheduled to issue its next earnings report on Tuesday, February 27th.

According to Zacks, analysts expect that Federal Signal will report full year earnings of $0.81 per share for the current fiscal year, with EPS estimates ranging from $0.80 to $0.82. For the next financial year, analysts expect that the firm will post earnings of $1.05 per share, with EPS estimates ranging from $0.99 to $1.10. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that cover Federal Signal.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Thursday, November 2nd. The conglomerate reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.03. Federal Signal had a return on equity of 11.39% and a net margin of 5.30%. The firm had revenue of $249.00 million during the quarter, compared to analyst estimates of $240.30 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The business’s quarterly revenue was up 33.4% compared to the same quarter last year.

Separately, Zacks Investment Research lowered Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 7th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $22.50.

Federal Signal (NYSE FSS) opened at $20.99 on Tuesday. Federal Signal has a one year low of $13.07 and a one year high of $23.64. The company has a market capitalization of $1,259.66, a P/E ratio of 27.27 and a beta of 1.30. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.23 and a current ratio of 2.37.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 5th. Investors of record on Tuesday, November 14th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Monday, November 13th. Federal Signal’s payout ratio is presently 38.36%.

In other Federal Signal news, Director Brenda Reichelderfer sold 8,279 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $20.76, for a total transaction of $171,872.04. Following the sale, the director now directly owns 69,388 shares in the company, valued at $1,440,494.88. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James E. Goodwin sold 10,000 shares of the stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $20.67, for a total value of $206,700.00. Following the completion of the sale, the director now owns 122,929 shares in the company, valued at $2,540,942.43. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 110,172 shares of company stock worth $2,338,207. Company insiders own 4.20% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of FSS. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in Federal Signal by 993.0% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,133,385 shares of the conglomerate’s stock worth $66,678,000 after purchasing an additional 2,846,707 shares during the period. Algert Global LLC purchased a new position in Federal Signal during the 3rd quarter worth $1,054,000. Pinebridge Investments L.P. increased its holdings in Federal Signal by 701.4% during the 3rd quarter. Pinebridge Investments L.P. now owns 63,121 shares of the conglomerate’s stock worth $1,344,000 after purchasing an additional 55,245 shares during the period. Brown Advisory Inc. increased its holdings in Federal Signal by 6.3% during the 3rd quarter. Brown Advisory Inc. now owns 1,252,470 shares of the conglomerate’s stock worth $26,653,000 after purchasing an additional 74,006 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its holdings in Federal Signal by 8.6% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 421,390 shares of the conglomerate’s stock worth $8,968,000 after purchasing an additional 33,371 shares during the period. Hedge funds and other institutional investors own 84.12% of the company’s stock.

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About Federal Signal

Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company’s segments include the Environmental Solutions Group and the Safety and Security Systems Group. Its Environmental Solutions Group manufactures and supplies a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.

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Earnings History and Estimates for Federal Signal (NYSE:FSS)

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