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

Shares of Federal Signal Corporation (NYSE:FSS) have earned a consensus recommendation of “Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $139.25.

A number of equities analysts have commented on FSS shares. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. DA Davidson lifted their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. CJS Securities raised shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price objective for the company in a research report on Thursday, February 26th. Finally, KeyCorp reaffirmed an “overweight” rating and set 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

Several institutional investors and hedge funds have recently modified their holdings of FSS. EverSource Wealth Advisors LLC grew its stake in shares of Federal Signal by 140.6% in the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after acquiring an additional 142 shares in the last quarter. Palladiem LLC acquired a new position in shares of Federal Signal in the fourth quarter valued at about $27,000. Physician Wealth Advisors Inc. grew its stake in shares of Federal Signal by 57.2% in the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after acquiring an additional 91 shares in the last quarter. Covestor Ltd grew its stake in shares of 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of Federal Signal by 3,100.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 248 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Trading Down 0.9%

FSS stock opened at $114.41 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.29. The company has a fifty day moving average price of $112.58 and a two-hundred day moving average price of $113.38. Federal Signal has a one year low of $91.48 and a one year high of $132.89. The stock has a market cap of $6.98 billion, a price-to-earnings ratio of 26.00, a price-to-earnings-growth ratio of 1.67 and a beta of 1.32.

Federal Signal (NYSE:FSS) last released 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. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The firm had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $579.87 million. During the same period in the previous year, the business posted $0.76 earnings per share. The company’s revenue for the quarter was up 35.0% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Equities analysts anticipate that Federal Signal will post 4.94 EPS for the current year.

Federal Signal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.15 dividend. The ex-dividend date is Friday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. Federal Signal’s dividend payout ratio is 13.64%.

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.