Federal Signal (NYSE:FSS) Trading Up 7.8% Following Earnings Beat

Federal Signal Corporation (NYSE:FSS) shares were up 7.8% during trading on Wednesday following a stronger than expected earnings report. The stock traded as high as $132.75 and last traded at $126.11. Approximately 133,553 shares were traded during trading, a decline of 63% from the average daily volume of 363,373 shares. The stock had previously closed at $116.99.

The conglomerate reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.08. Federal Signal had a return on equity of 19.50% and a net margin of 11.47%.The company’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 EPS. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Federal Signal in a research report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $123.00.

Institutional Investors Weigh In On Federal Signal

A number of hedge funds have recently made changes to their positions in FSS. EverSource Wealth Advisors LLC grew 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 worth $26,000 after buying an additional 142 shares in the last quarter. Palladiem LLC bought a new position in shares of Federal Signal in the fourth quarter worth $27,000. Covestor Ltd raised its stake in shares of Federal Signal by 118.0% during the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 151 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of Federal Signal by 3,100.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 248 shares in the last quarter. Finally, MAI Capital Management lifted its holdings in Federal Signal by 1,003.8% in the second quarter. MAI Capital Management now owns 287 shares of the conglomerate’s stock worth $31,000 after purchasing an additional 261 shares during the period. Institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Up 6.9%

The stock has a market cap of $7.61 billion, a P/E ratio of 32.66, a price-to-earnings-growth ratio of 1.80 and a beta of 1.35. The company has a current ratio of 2.61, a quick ratio of 1.25 and a debt-to-equity ratio of 0.15. The stock’s 50-day moving average is $114.19 and its 200-day moving average is $117.33.

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.