Federal Signal Corporation (NYSE:FSS) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Federal Signal Corporation (NYSE:FSS) have been given an average rating of “Buy” by the six research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $139.25.

FSS has been the subject of a number of analyst reports. Zacks Research raised Federal Signal from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. Wall Street Zen upgraded shares of Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. DA Davidson increased their target price on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $140.00 price objective on shares of Federal Signal in a research report on Thursday, April 30th.

Hedge Funds Weigh In On Federal Signal

Hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its holdings in Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 142 shares during the period. Palladiem LLC bought a new position in Federal Signal during the fourth quarter valued at about $27,000. Physician Wealth Advisors Inc. increased its holdings in Federal Signal by 57.2% during the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after buying an additional 91 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Federal Signal by 3,100.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after buying an additional 248 shares during the last quarter. Finally, Covestor Ltd boosted its stake in Federal Signal by 118.0% in the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 151 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Price Performance

Shares of NYSE FSS opened at $118.33 on Tuesday. The stock has a market cap of $7.22 billion, a price-to-earnings ratio of 26.89, a PEG ratio of 1.72 and a beta of 1.23. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 2.84. Federal Signal has a fifty-two week low of $101.18 and a fifty-two week high of $134.51. The firm’s 50-day simple moving average is $116.52 and its 200 day simple moving average is $114.76.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. The firm had revenue of $625.60 million during the quarter, compared to analyst estimates of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The company’s revenue for the quarter was up 35.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, research analysts anticipate that Federal Signal will post 4.94 earnings per share for the current fiscal year.

Federal Signal Company Profile

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.