Analysts Anticipate Federal Signal Co. (NYSE:FSS) Will Post Earnings of $0.33 Per Share


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Wall Street analysts forecast that Federal Signal Co. (NYSE:FSS) will report earnings of $0.33 per share for the current quarter, according to Zacks. Four analysts have issued estimates for Federal Signal’s earnings, with the highest EPS estimate coming in at $0.37 and the lowest estimate coming in at $0.31. Federal Signal posted earnings of $0.39 per share in the same quarter last year, which would suggest a negative year over year growth rate of 15.4%. The firm is scheduled to issue its next earnings report before the market opens on Tuesday, May 4th.

According to Zacks, analysts expect that Federal Signal will report full year earnings of $1.83 per share for the current year, with EPS estimates ranging from $1.79 to $1.86. For the next financial year, analysts expect that the firm will post earnings of $2.08 per share, with EPS estimates ranging from $1.99 to $2.15. Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for Federal Signal.

Federal Signal (NYSE:FSS) last released its earnings results on Tuesday, May 4th. The conglomerate reported $0.38 EPS for the quarter, beating the consensus estimate of $0.33 by $0.05. The business had revenue of $278.80 million during the quarter, compared to analyst estimates of $279.07 million. Federal Signal had a net margin of 8.68% and a return on equity of 16.12%. The business’s quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.39 earnings per share.

Separately, Raymond James upgraded Federal Signal from a “market perform” rating to a “strong-buy” rating and set a $45.00 price target on the stock in a report on Tuesday, April 27th.

Federal Signal stock traded down $0.36 during midday trading on Tuesday, reaching $41.32. The stock had a trading volume of 6,747 shares, compared to its average volume of 262,225. Federal Signal has a twelve month low of $24.66 and a twelve month high of $42.49. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.63 and a quick ratio of 1.39. The firm has a market cap of $2.50 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 1.24 and a beta of 1.11. The firm’s fifty day simple moving average is $39.43 and its two-hundred day simple moving average is $35.01.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 2nd. Investors of record on Friday, May 21st will be issued a dividend of $0.09 per share. The ex-dividend date is Thursday, May 20th. This represents a $0.36 annualized dividend and a dividend yield of 0.87%. Federal Signal’s dividend payout ratio is 20.11%.

In other Federal Signal news, CEO Jennifer L. Sherman sold 65,031 shares of the company’s stock in a transaction dated Friday, March 5th. The stock was sold at an average price of $36.44, for a total value of $2,369,729.64. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.90% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Navis Wealth Advisors LLC acquired a new stake in shares of Federal Signal in the 4th quarter valued at $25,000. Sage Private Wealth Group LLC bought a new stake in shares of Federal Signal during the 4th quarter worth about $28,000. Lazard Asset Management LLC acquired a new position in shares of Federal Signal during the 4th quarter valued at about $28,000. Vantage Consulting Group Inc bought a new position in shares of Federal Signal in the 4th quarter valued at approximately $30,000. Finally, Veriti Management LLC acquired a new stake in Federal Signal in the 4th quarter worth approximately $69,000. Institutional investors own 87.62% of the company’s stock.

Federal Signal Company Profile

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

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