Federal Signal Co. (NYSE:FSS) declared a quarterly dividend on Tuesday, October 29th, Zacks reports. Stockholders of record on Wednesday, November 13th will be given a dividend of 0.08 per share by the conglomerate on Tuesday, November 26th. This represents a $0.32 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Tuesday, November 12th.
NYSE FSS opened at $33.20 on Friday. The company has a market cap of $1.97 billion, a PE ratio of 23.22 and a beta of 1.58. The stock’s 50 day simple moving average is $32.60 and its 200-day simple moving average is $28.97. Federal Signal has a 1-year low of $18.59 and a 1-year high of $35.75. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.32 and a quick ratio of 1.17.
Federal Signal (NYSE:FSS) last released its earnings results on Thursday, October 31st. The conglomerate reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.05. The business had revenue of $308.80 million for the quarter, compared to the consensus estimate of $309.06 million. Federal Signal had a return on equity of 18.45% and a net margin of 9.37%. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.36 earnings per share. On average, equities research analysts anticipate that Federal Signal will post 1.74 EPS for the current fiscal year.
Several equities analysts have recently weighed in on FSS shares. Zacks Investment Research upgraded Federal Signal from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research report on Tuesday, November 5th. ValuEngine downgraded Federal Signal from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st.
In related news, CFO Ian A. Hudson sold 45,087 shares of Federal Signal stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $32.04, for a total transaction of $1,444,587.48. Following the transaction, the chief financial officer now owns 48,974 shares in the company, valued at $1,569,126.96. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Svetlana Vinokur sold 10,818 shares of Federal Signal stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $32.30, for a total value of $349,421.40. Following the transaction, the vice president now owns 23,774 shares in the company, valued at approximately $767,900.20. The disclosure for this sale can be found here. Company insiders own 4.00% of the company’s stock.
About Federal Signal
Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through two segments, Environmental Solutions Group and Safety and Security Systems Group.
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