Federal Signal (NYSE:FSS) Reaches New 52-Week High – Still a Buy?

Shares of Federal Signal Corporation (NYSE:FSS) hit a new 52-week high on Monday . The company traded as high as $133.31 and last traded at $133.1880, with a volume of 174929 shares. The stock had previously closed at $131.09.

Analyst Ratings Changes

FSS has been the subject of a number of recent analyst reports. KeyCorp reissued an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a report on Thursday, April 30th. Zacks Research upgraded shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. DA Davidson raised their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Finally, Wall Street Zen upgraded shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $139.25.

Federal Signal Stock Up 1.9%

The company has a current ratio of 2.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average price of $116.01 and a 200-day moving average price of $113.98. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 30.38, a P/E/G ratio of 1.89 and a beta of 1.23.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. The firm had revenue of $625.60 million for the quarter, compared to analysts’ expectations of $579.87 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The firm’s revenue was up 35.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. On average, equities analysts forecast that Federal Signal Corporation will post 4.94 EPS for the current year.

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, May 15th. Federal Signal’s payout ratio is currently 13.64%.

Institutional Investors Weigh In On Federal Signal

A number of large investors have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its position in shares of Federal Signal by 18.7% in the first quarter. Parallel Advisors LLC now owns 767 shares of the conglomerate’s stock valued at $83,000 after acquiring an additional 121 shares in the last quarter. Glenmede Trust Co. NA increased its position in Federal Signal by 6.1% during the 1st quarter. Glenmede Trust Co. NA now owns 6,533 shares of the conglomerate’s stock worth $706,000 after purchasing an additional 375 shares in the last quarter. Argent Capital Management LLC increased its position in Federal Signal by 54.9% during the 1st quarter. Argent Capital Management LLC now owns 57,275 shares of the conglomerate’s stock worth $6,194,000 after purchasing an additional 20,310 shares in the last quarter. Bank of America Corp DE raised its stake in Federal Signal by 11.2% in the 1st quarter. Bank of America Corp DE now owns 682,765 shares of the conglomerate’s stock valued at $73,834,000 after purchasing an additional 68,736 shares during the last quarter. Finally, Edgestream Partners L.P. raised its stake in Federal Signal by 91.1% in the 1st quarter. Edgestream Partners L.P. now owns 60,130 shares of the conglomerate’s stock valued at $6,502,000 after purchasing an additional 28,661 shares during the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.

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.