Federal Signal Q4 EPS Forecast Increased by Seaport Res Ptn

Federal Signal Co. (NYSE:FSS) – Equities researchers at Seaport Res Ptn lifted their Q4 2024 earnings estimates for Federal Signal in a research note issued to investors on Monday, November 11th. Seaport Res Ptn analyst W. Liptak now expects that the conglomerate will post earnings of $0.87 per share for the quarter, up from their prior estimate of $0.78. 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 Q1 2025 earnings at $0.71 EPS and Q2 2025 earnings at $1.02 EPS.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Thursday, October 31st. The conglomerate reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.04. The company had revenue of $474.20 million for the quarter, compared to analyst estimates of $481.71 million. Federal Signal had a net margin of 11.57% and a return on equity of 18.46%. The company’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.71 earnings per share.

Separately, DA Davidson decreased their target price on shares of Federal Signal from $94.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th.

Federal Signal Stock Performance

NYSE FSS opened at $89.29 on Thursday. The firm has a 50-day moving average price of $88.92 and a two-hundred day moving average price of $88.96. The company has a market capitalization of $5.46 billion, a P/E ratio of 25.89 and a beta of 0.95. The company has a quick ratio of 1.36, a current ratio of 2.83 and a debt-to-equity ratio of 0.19. 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. Investors of record on Friday, November 15th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, November 15th. This represents a $0.48 dividend on an annualized basis and a yield of 0.54%. Federal Signal’s dividend payout ratio is currently 13.91%.

Insider Buying and Selling

In related news, Director Brenda Reichelderfer sold 25,685 shares of the company’s 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 sale, the director now directly owns 57,417 shares in the company, valued at $5,339,206.83. This represents a 30.91 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Federal Signal

A number of hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in Federal Signal in the first quarter valued at $478,000. Russell Investments Group Ltd. raised its stake in shares of Federal Signal by 24.2% in the first quarter. Russell Investments Group Ltd. now owns 62,943 shares of the conglomerate’s stock valued at $5,342,000 after buying an additional 12,258 shares during the period. ProShare Advisors LLC boosted its position 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 purchasing an additional 832 shares during the period. Entropy Technologies LP purchased a new position in Federal Signal in the 1st quarter valued at approximately $369,000. Finally, Koshinski Asset Management Inc. purchased a new position in shares of Federal Signal in the first quarter valued at $300,000. Institutional investors own 92.73% of the company’s stock.

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.