27-Mar-2024
TipRanks (Wed, 27-Mar 8:50 AM ET)
PRNewswire (Tue, 27-Feb 8:00 AM ET)
Federal Signal Corporation Increases Quarterly Dividend by 20%
PRNewswire (Tue, 20-Feb 12:05 PM ET)
Federal Signal to Present at Raymond James 45th Annual Institutional Investors Conference
PRNewswire (Mon, 19-Feb 11:00 AM ET)
Federal Signal to Host Fourth Quarter Earnings Conference Call on February 27, 2024
PRNewswire (Tue, 13-Feb 11:00 AM ET)
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental Solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.
Federal Signal trades on the NYSE stock market under the symbol FSS.
As of March 27, 2024, FSS stock price climbed to $84.54 with 313,474 million shares trading.
FSS has a beta of 1.51, meaning it tends to be more sensitive to market movements. FSS has a correlation of 0.49 to the broad based SPY ETF.
FSS has a market cap of $5.15 billion. This is considered a Mid Cap stock.
Last quarter Federal Signal reported $448 million in Revenue and $.74 earnings per share. This beat revenue expectation by $20 million and exceeded earnings estimates by $.08.
In the last 3 years, FSS stock traded as high as $85.98 and as low as $31.86.
The top ETF exchange traded funds that FSS belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.
FSS has outperformed the market in the last year with a price return of +63.4% while the SPY ETF gained +33.6%. However, in the short term, FSS had mixed performance relative to the market. It has underperformed in the last 3 months, returning +9.0% vs +10.1% return in SPY. But in the last 2 weeks, FSS shares have fared better than the market returning +7.6% compared to SPY +1.7%.
FSS support price is $81.16 and resistance is $83.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FSS stock will trade within this expected range on the day.