A breakdown of the latest mutual funds holding Federal Signal Corporation (FSS)

Stocks of Federal Signal Corporation (NYSE:FSS) traded higher last session on Wall Street, up 1.06% to $51.54.

As we calculate the median target price by taking the range between a high of $68.00 and a low of $52.00, we find $63.00. Given the previous closing price of $51.00, this indicates a potential upside of 23.53 percent. FSS stock price is now -1.65% away from the 50-day moving average and 16.59% away from the 200-day moving average. The market capitalization of the company currently stands at $3.22B.

Brokers who have rated the stock have averaged $61.00 as their price target over the next twelve months.

With the price target maintained at $50, Sidoti recently Downgraded its rating from Buy to Neutral for Federal Signal Corporation (NYSE: FSS)., while ‘DA Davidson’ rates the stock as ‘Buy’.

In other news, MARTIN DENNIS J, Director sold 24,000 shares of the company’s stock on Nov 22. The stock was sold for $1,163,621 at an average price of $48.48. Upon completion of the transaction, the Director now directly owns 570,841 shares in the company, valued at $29.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21, Director MARTIN DENNIS J sold 20,000 shares of the business’s stock. A total of $983,384 was realized by selling the stock at an average price of $49.17. This leaves the insider owning 594,841 shares of the company worth $30.66 million. Insiders disposed of 200,723 shares of company stock worth roughly $10.35 million over the past 1 year. A total of 1.10% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in FSS stock. A new stake in Federal Signal Corporation shares was purchased by INTRINSIC EDGE CAPITAL MANAGEMENT LLC during the first quarter worth $5,154,000. APERTURE INVESTORS, LLC invested $4,812,000 in shares of FSS during the first quarter. In the first quarter, EAM INVESTORS, LLC acquired a new stake in Federal Signal Corporation valued at approximately $3,044,000. DIVISADERO STREET CAPITAL MANAGEMENT, LP acquired a new stake in FSS for approximately $2,062,000. EAM GLOBAL INVESTORS LLC purchased a new stake in FSS valued at around $2,009,000 in the second quarter. In total, there are 326 active investors with 94.00% ownership of the company’s stock.

Thursday’s opening bell rang with an opening price of $50.27 for Federal Signal Corporation (NYSE: FSS). During the past 12 months, Federal Signal Corporation has had a low of $31.86 and a high of $58.15. As of last week, the company has a debt-to-equity ratio of 0.42, a current ratio of 2.90, and a quick ratio of 1.30. The fifty day moving average price for FSS is $52.40 and a two-hundred day moving average price translates $44.21 for the stock.

The latest earnings results from Federal Signal Corporation (NYSE: FSS) was released for Sep, 2022. According to the Pollution & Treatment Controls Company, earnings per share came in at $0.53, inline with analysts’ expectations of $0.53. This compares to $0.32 EPS in the same period last year. The net profit margin was 8.40% and return on equity was 14.70% for FSS. The company reported revenue of $391.5 million for the quarter, compared to $301.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 29.89 percent. For the current quarter, analysts expect FSS to generate $379.69M in revenue.

Moreover, the firm recently paid out its quarterly dividend on 03/31/2023. Investors who held shares on 03/17/2023 were paid a $0.09 dividend. On an annualized basis, this represents a $0.36 dividend and a 0.70% percent yield. There was an ex-dividend date of 03/16/2023 for this dividend. In terms of dividend payout ratio, FSS is presently at 18.10%.

Federal Signal Corporation(FSS) 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 Environmental Solutions Group, and Safety and Security Systems Group. The Environmental Solutions Group segment offers a range of street sweepers, safe-digging trucks,sewer cleaners, industrial vacuum loaders, vacuum, and hydro-excavation trucks; road-marking, line-removal and waterblasting equipment, dump truck bodies, trailers, and metal extraction support equipment under the Elgin, Vactor, Guzzler, TRUVAC, Westech, Jetstream, Mark Rite Lines, Ox Bodies, Crysteel, J-Craft, Duraclass, Rugby, Travis, OSW, NTE, WTB, Ground Force, Bucks, and Switch-N-Go brand names. It also offers refuse and recycling collection vehicles, camera systems, ice resurfacing equipment, and snow-removal equipment, as well as safety, and security systems. In addition, this segment engages in the sale of parts, service and repair, equipment rental, and training activities. The Safety and Security Systems Group segment provides systems and products for community alerting, emergency vehicles, first responder interoperable communications, and industrial communications. Its products include vehicle lightbars and sirens, industrial signaling equipment, public warning systems, general alarm systems, and public address systems. This segment sells its products under the Federal Signal, Federal Signal VAMA, and Victor brand names. The company sells its products through wholesaler, distributor, independent manufacturer representative, original equipment manufacturer, and direct sales force, as well as independent foreign distributor. Federal Signal Corporation was founded in 1901 and is headquartered in Oak Brook, Illinois.