Equities research analysts expect Federal Signal Co. (NYSE:FSS) to post $0.43 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Federal Signal’s earnings, with the highest EPS estimate coming in at $0.45 and the lowest estimate coming in at $0.41. Federal Signal reported earnings of $0.39 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 10.3%. The firm is scheduled to report its next quarterly earnings report on Thursday, February 27th.
According to Zacks, analysts expect that Federal Signal will report full year earnings of $1.74 per share for the current financial year, with EPS estimates ranging from $1.73 to $1.76. For the next financial year, analysts anticipate that the firm will report earnings of $1.93 per share, with EPS estimates ranging from $1.84 to $2.05. Zacks’ EPS averages are an average based on a survey of research analysts that cover Federal Signal.
Federal Signal (NYSE:FSS) last issued its quarterly earnings results on Thursday, October 31st. The conglomerate reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.05. Federal Signal had a return on equity of 18.45% and a net margin of 9.37%. The business had revenue of $308.80 million for the quarter, compared to the consensus estimate of $309.06 million. During the same period in the prior year, the firm posted $0.36 earnings per share. The business’s quarterly revenue was up 14.6% on a year-over-year basis.
Several equities analysts have recently issued reports on the stock. ValuEngine downgraded shares of Federal Signal from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd. Zacks Investment Research upgraded shares of Federal Signal from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Tuesday, November 5th.
In related news, Director Dennis J. Martin sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $33.58, for a total value of $1,343,200.00. Following the sale, the director now owns 166,518 shares in the company, valued at $5,591,674.44. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 4.00% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Optimum Investment Advisors acquired a new position in Federal Signal in the third quarter valued at approximately $33,000. Point72 Asset Management L.P. purchased a new position in Federal Signal in the second quarter valued at $40,000. Contravisory Investment Management Inc. purchased a new position in Federal Signal in the third quarter valued at $145,000. Parallel Advisors LLC increased its holdings in Federal Signal by 100.0% in the third quarter. Parallel Advisors LLC now owns 4,600 shares of the conglomerate’s stock valued at $151,000 after buying an additional 2,300 shares in the last quarter. Finally, First Mercantile Trust Co. increased its holdings in Federal Signal by 11.6% in the third quarter. First Mercantile Trust Co. now owns 4,901 shares of the conglomerate’s stock valued at $160,000 after buying an additional 508 shares in the last quarter. 90.22% of the stock is owned by institutional investors.
Federal Signal stock traded up $0.57 during midday trading on Friday, reaching $33.85. The company’s stock had a trading volume of 5,932 shares, compared to its average volume of 275,088. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.32 and a quick ratio of 1.17. The stock has a market capitalization of $1.99 billion, a P/E ratio of 23.64 and a beta of 1.55. The stock’s 50-day simple moving average is $32.60 and its 200-day simple moving average is $31.21. Federal Signal has a 52-week low of $20.91 and a 52-week high of $35.75.
Federal Signal Company Profile
Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through two segments, Environmental Solutions Group and Safety and Security Systems Group.
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