$0.34 EPS Expected for Federal Signal Co. (NYSE:FSS) This Quarter

Equities research analysts forecast that Federal Signal Co. (NYSE:FSS) will report earnings of $0.34 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Federal Signal’s earnings, with the highest EPS estimate coming in at $0.39 and the lowest estimate coming in at $0.31. Federal Signal posted earnings of $0.55 per share during the same quarter last year, which suggests a negative year over year growth rate of 38.2%. The company is expected to report its next quarterly earnings results on Wednesday, July 29th.

According to Zacks, analysts expect that Federal Signal will report full-year earnings of $1.52 per share for the current fiscal year, with EPS estimates ranging from $1.44 to $1.56. For the next financial year, analysts expect that the business will report earnings of $1.77 per share, with EPS estimates ranging from $1.62 to $1.96. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Federal Signal.

Federal Signal (NYSE:FSS) last released its earnings results on Wednesday, April 29th. The conglomerate reported $0.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.06. Federal Signal had a net margin of 9.27% and a return on equity of 18.86%. The company had revenue of $286.10 million during the quarter, compared to analysts’ expectations of $299.78 million. During the same quarter last year, the business earned $0.30 EPS. The business’s revenue was up 4.5% on a year-over-year basis.

Several analysts have recently commented on FSS shares. ValuEngine upgraded shares of Federal Signal from a “sell” rating to a “hold” rating in a research note on Thursday, April 2nd. Sidoti cut shares of Federal Signal from a “buy” rating to a “neutral” rating in a research note on Thursday, April 30th. They noted that the move was a valuation call. Finally, Zacks Investment Research cut shares of Federal Signal from a “hold” rating to a “sell” rating in a research note on Wednesday, May 27th.

Shares of FSS stock traded down $0.49 during mid-day trading on Friday, hitting $28.62. The stock had a trading volume of 559,806 shares, compared to its average volume of 338,778. Federal Signal has a fifty-two week low of $23.32 and a fifty-two week high of $35.75. The firm has a market cap of $1.75 billion, a PE ratio of 15.40 and a beta of 1.15. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 1.33. The company’s 50-day simple moving average is $28.95 and its 200-day simple moving average is $30.17.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.12%. The ex-dividend date was Thursday, May 14th. Federal Signal’s dividend payout ratio (DPR) is 17.88%.

In other Federal Signal news, CEO Jennifer L. Sherman bought 1,000 shares of the company’s stock in a transaction on Friday, May 1st. The stock was purchased at an average cost of $26.51 per share, for a total transaction of $26,510.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 3.90% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the business. Private Capital Group LLC purchased a new position in Federal Signal during the 1st quarter valued at about $39,000. PNC Financial Services Group Inc. grew its holdings in shares of Federal Signal by 17.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,301 shares of the conglomerate’s stock worth $106,000 after buying an additional 497 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of Federal Signal during the fourth quarter worth about $110,000. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of Federal Signal during the first quarter worth about $109,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Federal Signal by 1,095.6% during the first quarter. Tower Research Capital LLC TRC now owns 4,053 shares of the conglomerate’s stock worth $111,000 after buying an additional 3,714 shares in the last quarter. Hedge funds and other institutional investors own 90.91% of the company’s stock.

Federal Signal 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 two segments, Environmental Solutions Group and Safety and Security Systems Group.

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Earnings History and Estimates for Federal Signal (NYSE:FSS)

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