Sidoti Csr Predicts Federal Signal FY2024 Earnings

Federal Signal Co. (NYSE:FSS) – Analysts at Sidoti Csr issued their FY2024 earnings per share (EPS) estimates for Federal Signal in a research note issued on Wednesday, February 12th. Sidoti Csr analyst G. Burns forecasts 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.

FSS has been the topic of a number of other reports. Raymond James reaffirmed an “outperform” rating and set a $110.00 price target on shares of Federal Signal in a research report on Tuesday, December 24th. DA Davidson cut their target price on 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 Federal Signal from a “buy” rating to a “hold” rating in a research report on Thursday.

Federal Signal Stock Performance

Shares of FSS stock opened at $96.97 on Friday. The business’s fifty day simple moving average is $95.87 and its 200-day simple moving average is $92.96. The company has a market cap of $5.93 billion, a PE ratio of 28.11 and a beta of 1.01. The company has a current ratio of 2.83, a quick ratio of 1.36 and a debt-to-equity ratio of 0.19. Federal Signal has a 12-month low of $76.85 and a 12-month high of $102.18.

Institutional Investors Weigh In On Federal Signal

Several hedge funds have recently added to or reduced their stakes in FSS. V Square Quantitative Management LLC purchased a new stake in Federal Signal in the third quarter valued at $29,000. Quarry LP boosted its holdings in Federal Signal by 73.5% in the third quarter. Quarry LP now owns 432 shares of the conglomerate’s stock valued at $40,000 after purchasing an additional 183 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Federal Signal during the 3rd quarter worth about $46,000. Signaturefd LLC boosted its stake in shares of Federal Signal by 37.4% during the 4th quarter. Signaturefd LLC now owns 606 shares of the conglomerate’s stock worth $56,000 after acquiring an additional 165 shares in the last quarter. Finally, Millburn Ridgefield Corp purchased a new stake in shares of Federal Signal during the 3rd quarter worth about $70,000. 92.73% of the stock is owned by hedge funds and other institutional investors.

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.