Federal Signal Corporation (NYSE:FSS) Given Consensus Rating of “Hold” by Analysts

Federal Signal Corporation (NYSE:FSS) has been given a consensus rating of “Hold” by the six ratings firms that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $123.00.

Several equities research analysts recently commented on FSS shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Federal Signal in a report on Monday, December 29th. Zacks Research lowered shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th.

Insider Buying and Selling

In other Federal Signal news, COO Mark Weber sold 51,187 shares of Federal Signal stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $111.56, for a total value of $5,710,421.72. Following the completion of the transaction, the chief operating officer directly owned 73,874 shares in the company, valued at $8,241,383.44. The trade was a 40.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Federal Signal

Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp boosted its position in shares of Federal Signal by 0.4% during the second quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock worth $241,203,000 after buying an additional 7,982 shares during the period. Invesco Ltd. lifted its stake in Federal Signal by 16.0% during the third quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock valued at $234,095,000 after purchasing an additional 271,878 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Federal Signal by 49.6% during the 2nd quarter. First Trust Advisors LP now owns 1,501,431 shares of the conglomerate’s stock worth $159,782,000 after acquiring an additional 497,652 shares in the last quarter. Wasatch Advisors LP acquired a new position in shares of Federal Signal in the 3rd quarter valued at $174,476,000. Finally, Allianz Asset Management GmbH acquired a new position in shares of Federal Signal in the third quarter worth about $108,884,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Stock Performance

Shares of NYSE:FSS opened at $115.79 on Friday. The business has a 50-day moving average of $111.53 and a two-hundred day moving average of $116.53. The firm has a market capitalization of $7.04 billion, a PE ratio of 30.23, a P/E/G ratio of 1.77 and a beta of 1.35. Federal Signal has a 12 month low of $66.47 and a 12 month high of $132.89. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.61 and a quick ratio of 1.25.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Thursday, October 30th. The conglomerate reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.07. Federal Signal had a net margin of 11.47% and a return on equity of 19.50%. The firm had revenue of $555.00 million for the quarter, compared to analysts’ expectations of $545.19 million. During the same period in the previous year, the company posted $0.87 earnings per share. Federal Signal’s revenue was up 17.0% compared to the same quarter last year. Federal Signal has set its FY 2025 guidance at 4.090-4.170 EPS. As a group, research analysts forecast that Federal Signal will post 3.34 earnings per share for the current year.

Federal Signal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, November 14th. Federal Signal’s dividend payout ratio (DPR) is presently 14.62%.

About Federal Signal

Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.