Federal Signal (NYSE:FSS) Hits New 1-Year High – What’s Next?

Federal Signal Corporation (NYSE:FSS) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $140.00 and last traded at $129.8110, with a volume of 7858 shares traded. The stock had previously closed at $128.72.

Wall Street Analyst Weigh In

FSS has been the subject of several recent research reports. Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. DA Davidson upped their price objective on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. KeyCorp reaffirmed an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $137.33.

Federal Signal Stock Down 2.4%

The firm’s 50 day simple moving average is $120.33 and its 200 day simple moving average is $115.71. The company has a market cap of $7.53 billion, a price-to-earnings ratio of 26.57, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. The company has a quick ratio of 1.21, a current ratio of 2.74 and a debt-to-equity ratio of 0.30.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.13. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The business had revenue of $670.20 million during the quarter, compared to the consensus estimate of $667.04 million. During the same period in the previous year, the firm posted $1.17 earnings per share. The business’s revenue was up 18.7% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Sell-side analysts anticipate that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 14th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, August 14th. Federal Signal’s payout ratio is 12.93%.

Insider Activity

In other news, VP Diane Bonina sold 14,856 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total value of $1,937,816.64. Following the completion of the transaction, the vice president owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. This represents a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 3.30% of the company’s stock.

Hedge Funds Weigh In On Federal Signal

Several hedge funds have recently modified their holdings of FSS. EverSource Wealth Advisors LLC lifted its holdings in Federal Signal by 140.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after acquiring an additional 142 shares during the last quarter. Palladiem LLC acquired a new position in shares of Federal Signal in the 4th quarter worth approximately $27,000. Physician Wealth Advisors Inc. grew its stake in shares of Federal Signal by 57.2% in the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after purchasing an additional 91 shares during the last quarter. Allworth Financial LP bought a new stake in shares of Federal Signal in the 2nd quarter worth approximately $33,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of Federal Signal by 3,100.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 248 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

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.