Analysts predict that Federal Signal Co. (NYSE:FSS) will announce earnings per share (EPS) of $0.32 for the current quarter, according to Zacks. Three analysts have made estimates for Federal Signal’s earnings. The lowest EPS estimate is $0.31 and the highest is $0.32. Federal Signal posted earnings per share of $0.24 during the same quarter last year, which indicates a positive year-over-year growth rate of 33.3%. The company is scheduled to report its next quarterly earnings results on Wednesday, February 27th.
According to Zacks, analysts expect that Federal Signal will report full-year earnings of $1.36 per share for the current fiscal year, with EPS estimates ranging from $1.35 to $1.36. For the next fiscal year, analysts expect that the company will report earnings of $1.52 per share, with EPS estimates ranging from $1.46 to $1.55. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Federal Signal.
Federal Signal (NYSE:FSS) last released its earnings results on Tuesday, November 6th. The conglomerate reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.04. Federal Signal had a net margin of 8.69% and a return on equity of 16.15%. The firm had revenue of $269.40 million during the quarter, compared to analyst estimates of $267.15 million. During the same quarter in the previous year, the business earned $0.24 EPS. The business’s quarterly revenue was up 8.3% compared to the same quarter last year.
FSS has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Federal Signal from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research report on Thursday, November 8th. ValuEngine cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Tuesday, October 23rd.
In other Federal Signal news, Director Dennis J. Martin sold 55,000 shares of the business’s stock in a transaction dated Monday, November 12th. The shares were sold at an average price of $23.14, for a total transaction of $1,272,700.00. Following the sale, the director now directly owns 290,728 shares of the company’s stock, valued at approximately $6,727,445.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 4.30% of the company’s stock.
A number of large investors have recently modified their holdings of FSS. Signet Investment Advisory Group Inc. acquired a new position in shares of Federal Signal during the 4th quarter worth about $89,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Federal Signal by 56.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,552 shares of the conglomerate’s stock worth $91,000 after purchasing an additional 1,636 shares during the last quarter. First Quadrant L P CA acquired a new position in shares of Federal Signal during the 4th quarter worth about $145,000. Cubist Systematic Strategies LLC acquired a new position in shares of Federal Signal during the 2nd quarter worth about $206,000. Finally, TD Asset Management Inc. acquired a new position in shares of Federal Signal during the 4th quarter worth about $201,000. 87.98% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE FSS opened at $21.62 on Friday. The firm has a market cap of $1.31 billion, a PE ratio of 17.03 and a beta of 1.39. Federal Signal has a twelve month low of $18.37 and a twelve month high of $28.32. The company has a current ratio of 2.03, a quick ratio of 1.04 and a debt-to-equity ratio of 0.43.
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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