Federal Signal (NYSE:FSS) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.730-1.850 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.820. The company issued revenue guidance of -.Federal Signal also updated its FY21 guidance to $1.73-1.85 EPS.
Shares of NYSE FSS traded down $0.44 during midday trading on Tuesday, hitting $41.24. The company’s stock had a trading volume of 244,714 shares, compared to its average volume of 262,016. The stock has a fifty day moving average price of $39.47 and a 200 day moving average price of $35.06. Federal Signal has a one year low of $24.66 and a one year high of $42.49. The company has a current ratio of 2.63, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 25.46, a P/E/G ratio of 1.24 and a beta of 1.11.
Federal Signal (NYSE:FSS) last posted its quarterly earnings results on Tuesday, May 4th. The conglomerate reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.05. Federal Signal had a net margin of 8.68% and a return on equity of 16.12%. The company had revenue of $278.80 million for the quarter, compared to analyst estimates of $279.07 million. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The company’s quarterly revenue was down 2.6% compared to the same quarter last year. On average, equities research analysts predict that Federal Signal will post 1.64 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 2nd. Investors of record on Friday, May 21st will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, May 20th. Federal Signal’s dividend payout ratio (DPR) is presently 20.11%.
A number of analysts recently weighed in on the stock. Raymond James raised shares of Federal Signal from a market perform rating to a strong-buy rating and set a $45.00 target price on the stock in a report on Tuesday, April 27th. Zacks Investment Research raised shares of Federal Signal from a hold rating to a buy rating and set a $47.00 target price on the stock in a report on Tuesday.
In other Federal Signal news, CEO Jennifer L. Sherman sold 112,759 shares of the business’s stock in a transaction that occurred on Wednesday, March 3rd. The shares were sold at an average price of $38.18, for a total value of $4,305,138.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 3.90% 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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