FSS Stock Summary and Trading Ideas (Federal Signal | NYSE:FSS)

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 April 26, 2024, FSS stock price climbed to $83.88 with 232,500 million shares trading.

FSS has a beta of 1.43, meaning it tends to be more sensitive to market movements. FSS has a correlation of 0.52 to the broad based SPY ETF.

FSS has a market cap of $5.11 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 $88.47 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 +69.0% while the SPY ETF gained +27.4%. FSS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.9% and +0.4%, respectively, while the SPY returned +4.6% and -0.5%, respectively.

FSS support price is $81.62 and resistance is $84.58 (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.