Seaport Res Ptn Lifts Earnings Estimates for Federal Signal

Federal Signal Co. (NYSE:FSS) – Equities research analysts at Seaport Res Ptn increased their FY2024 EPS estimates for Federal Signal in a research note issued to investors on Monday, November 11th. Seaport Res Ptn analyst W. Liptak now forecasts that the conglomerate will post earnings per share of $3.35 for the year, up from their previous forecast of $3.17. The consensus estimate for Federal Signal’s current full-year earnings is $3.34 per share. Seaport Res Ptn also issued estimates for Federal Signal’s Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $1.02 EPS and FY2025 earnings at $3.73 EPS.

Federal Signal (NYSE:FSS) last posted its quarterly earnings data on Thursday, October 31st. The conglomerate reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.04. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The firm had revenue of $474.20 million for the quarter, compared to analysts’ expectations of $481.71 million. During the same quarter last year, the business earned $0.71 EPS. The company’s quarterly revenue was up 6.2% compared to the same quarter last year.

Separately, DA Davidson cut their price objective on shares of Federal Signal from $94.00 to $90.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th.

Federal Signal Stock Down 1.8 %

Shares of FSS opened at $90.71 on Wednesday. The company has a current ratio of 2.83, a quick ratio of 1.36 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $5.54 billion, a PE ratio of 26.70 and a beta of 0.95. The firm’s 50 day moving average is $88.81 and its 200-day moving average is $88.95. Federal Signal has a 12 month low of $68.02 and a 12 month high of $102.18.

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Friday, November 15th. Federal Signal’s dividend payout ratio is currently 13.91%.

Insider Activity at Federal Signal

In related news, Director Brenda Reichelderfer sold 25,685 shares of Federal Signal stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $92.99, for a total value of $2,388,448.15. Following the transaction, the director now directly owns 57,417 shares of the company’s stock, valued at $5,339,206.83. The trade was a 30.91 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Federal Signal

Institutional investors have recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of Federal Signal in the 1st quarter worth $478,000. Russell Investments Group Ltd. increased its position in shares of Federal Signal by 24.2% during the first quarter. Russell Investments Group Ltd. now owns 62,943 shares of the conglomerate’s stock valued at $5,342,000 after acquiring an additional 12,258 shares during the last quarter. ProShare Advisors LLC lifted its holdings in Federal Signal by 7.4% during the first quarter. ProShare Advisors LLC now owns 12,109 shares of the conglomerate’s stock worth $1,028,000 after acquiring an additional 832 shares during the period. Entropy Technologies LP bought a new position in Federal Signal in the 1st quarter valued at $369,000. Finally, Koshinski Asset Management Inc. purchased a new stake in shares of Federal Signal during the 1st quarter valued at $300,000. 92.73% of the stock is owned by institutional investors and hedge funds.

Federal Signal Company Profile

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.