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

Federal Signal Corporation (NYSE:FSS) hit a new 52-week high during trading 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.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. DA Davidson increased their price target 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 restated an “overweight” rating and set a $140.00 price objective on shares of Federal Signal in a report on Thursday, April 30th. Finally, Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $139.25.

Federal Signal Stock Performance

The company has a market cap of $8.15 billion, a PE ratio of 30.38, a P/E/G ratio of 1.89 and a beta of 1.23. The stock’s 50 day simple moving average is $116.01 and its two-hundred day simple moving average is $113.98. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38.

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 return on equity of 21.18% and a net margin of 11.56%.The business had revenue of $625.60 million during the quarter, compared to the consensus estimate of $579.87 million. During the same period in the prior year, the firm posted $0.76 EPS. The business’s revenue for the quarter was up 35.0% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, research analysts anticipate that Federal Signal Corporation will post 4.94 earnings per share for the current year.

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Friday, May 15th. Federal Signal’s dividend payout ratio (DPR) is 13.64%.

Institutional Trading of Federal Signal

A number of institutional investors have recently modified their holdings of the company. Physician Wealth Advisors Inc. raised its holdings in 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 buying an additional 91 shares during the period. New Age Alpha Advisors LLC grew its stake in Federal Signal by 3.4% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,895 shares of the conglomerate’s stock worth $314,000 after buying an additional 95 shares during the period. Canada Pension Plan Investment Board grew its stake in Federal Signal by 10.0% during the second quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock worth $117,000 after buying an additional 100 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Federal Signal by 9.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate’s stock worth $130,000 after acquiring an additional 108 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in shares of Federal Signal by 50.5% in the 4th quarter. UMB Bank n.a. now owns 331 shares of the conglomerate’s stock valued at $36,000 after acquiring an additional 111 shares during the period. Hedge funds and other institutional investors 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.