Federal Signal (NYSE:FSS) Stock Rating Upgraded by Citigroup

Federal Signal (NYSE:FSS) was upgraded by research analysts at Citigroup to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other equities analysts have also issued reports on the stock. DA Davidson upped their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. KeyCorp reissued an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a research note on Thursday, April 30th. Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Zacks Research lowered Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $140.50.

Federal Signal Price Performance

Federal Signal stock opened at $122.22 on Monday. The business’s fifty day moving average is $121.35 and its two-hundred day moving average is $115.97. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.21 and a current ratio of 2.74. The firm has a market cap of $7.46 billion, a P/E ratio of 26.34, a P/E/G ratio of 1.72 and a beta of 1.24. Federal Signal has a 52 week low of $101.18 and a 52 week high of $134.51.

Federal Signal (NYSE:FSS) last announced its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.13. The firm had revenue of $670.20 million for the quarter, compared to analyst estimates of $667.04 million. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The business’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same period last year, the company earned $1.17 EPS. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Equities research analysts forecast that Federal Signal will post 5.23 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the transaction, the vice president directly owned 15,689 shares of the company’s stock, valued at $2,046,473.16. This trade represents a 48.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Federal Signal

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after acquiring an additional 142 shares during the last quarter. Palladiem LLC bought a new stake in shares of Federal Signal during the 4th quarter valued at about $27,000. Physician Wealth Advisors Inc. boosted its holdings in shares of Federal Signal by 57.2% during the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after buying an additional 91 shares in the last quarter. Allworth Financial LP bought a new position in shares of Federal Signal during the 2nd quarter worth approximately $33,000. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of Federal Signal by 3,100.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after buying an additional 248 shares during the period. Institutional investors own 92.73% of the company’s stock.

About Federal Signal

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.