Sidoti Csr Forecasts Federal Signal FY2024 Earnings

Federal Signal Co. (NYSE:FSS - Free Report) - Analysts at Sidoti Csr issued their FY2024 earnings estimates for Federal Signal in a report issued on Wednesday, February 12th. Sidoti Csr analyst G. Burns expects that the conglomerate will earn $3.35 per share for the year. The consensus estimate for Federal Signal's current full-year earnings is $3.34 per share. Sidoti Csr also issued estimates for Federal Signal's Q4 2024 earnings at $0.87 EPS, Q1 2025 earnings at $0.83 EPS, Q2 2025 earnings at $0.99 EPS, Q3 2025 earnings at $1.00 EPS, Q4 2025 earnings at $0.97 EPS, FY2025 earnings at $3.78 EPS, Q1 2026 earnings at $0.94 EPS, Q2 2026 earnings at $1.10 EPS, Q3 2026 earnings at $1.10 EPS, Q4 2026 earnings at $1.07 EPS and FY2026 earnings at $4.21 EPS.

Several other research firms also recently weighed in on FSS. Raymond James reiterated an "outperform" rating and issued a $110.00 price target on shares of Federal Signal in a research report on Tuesday, December 24th. DA Davidson decreased their price target on shares of Federal Signal from $94.00 to $90.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. Finally, StockNews.com downgraded shares of Federal Signal from a "buy" rating to a "hold" rating in a research report on Thursday, February 13th.

Federal Signal Stock Performance

FSS traded up $1.52 during trading on Friday, hitting $98.62. The company's stock had a trading volume of 354,748 shares, compared to its average volume of 371,534. 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 one year low of $76.85 and a one year high of $102.18. The firm has a market cap of $6.03 billion, a PE ratio of 28.59 and a beta of 1.01. The business's 50 day simple moving average is $95.83 and its 200-day simple moving average is $92.86.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. CoreCap Advisors LLC grew its position in shares of Federal Signal by 19.9% during the fourth quarter. CoreCap Advisors LLC now owns 875 shares of the conglomerate's stock worth $81,000 after purchasing an additional 145 shares in the last quarter. Mather Group LLC. grew its position in shares of Federal Signal by 20.1% during the fourth quarter. Mather Group LLC. now owns 889 shares of the conglomerate's stock worth $82,000 after purchasing an additional 149 shares in the last quarter. Arizona State Retirement System grew its position in shares of Federal Signal by 0.9% during the fourth quarter. Arizona State Retirement System now owns 17,746 shares of the conglomerate's stock worth $1,640,000 after purchasing an additional 152 shares in the last quarter. Albion Financial Group UT grew its position in shares of Federal Signal by 1.3% during the fourth quarter. Albion Financial Group UT now owns 12,126 shares of the conglomerate's stock worth $1,120,000 after purchasing an additional 153 shares in the last quarter. Finally, Signaturefd LLC grew its position in shares of Federal Signal by 37.4% during the fourth quarter. Signaturefd LLC now owns 606 shares of the conglomerate's stock worth $56,000 after purchasing an additional 165 shares in the last quarter. Hedge funds and other 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.