Federal Signal Corp. [FSS] stock prices are up 1.69% to $80.02 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FSS shares have gain 2.26% over the last week, with a monthly amount glided 0.10%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 27, February 2024, Federal Signal Completes Record Year with Impressive Fourth Quarter Results, including 15% Net Sales Growth, 35% Operating Income Increase and Strong Cash Generation; Issues 2024 Outlook. In a post published today on Yahoo Finance, Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the fourth quarter and year ended December 31, 2023.
From an analyst’s perspective:
Federal Signal Corp. [NYSE: FSS] stock has seen the most recent analyst activity on July 31, 2023, when DA Davidson downgraded its rating to a Neutral and also revised its price target to $66 from $68. Previously, Sidoti downgraded its rating to Neutral on February 23, 2023, and kept the price target unchanged to $50. On November 21, 2022, downgrade downgraded it’s rating to Sector Weight. DA Davidson upgraded its rating to a Buy and increased its price target to $46 on October 07, 2022. DA Davidson initiated its recommendation with a Neutral and recommended $45 as its price target on October 14, 2021. Sidoti upgraded its rating to Buy for this stock on September 02, 2021, and upped its price target to $50. In a note dated April 21, 2021, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $45.
The stock price of Federal Signal Corp. [FSS] has been fluctuating between $49.50 and $85.98 over the past year. Currently, Wall Street analysts expect the stock to reach $45.33 within the next 12 months. Federal Signal Corp. [NYSE: FSS] shares were valued at $80.02 at the most recent close of the market. An investor can expect a potential drop of -43.35% based on the average FSS price forecast.
Analyzing the FSS fundamentals
The Federal Signal Corp. [NYSE:FSS] reported sales of 1.72B for trailing twelve months, representing a surge of 14.53%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.17 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 78.97 points at the first support level, and at 77.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.81, and for the 2nd resistance point, it is at 81.59.
Federal Signal Corp. [FSS] reported earnings per share of $0.74 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.66/share, meaning a difference of $0.08 and a surprise factor of 12.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.71 per share as compared to estimates of $0.66 per share, a difference of $0.05 representing a surprise of 7.60%.
Ratios To Look Out For
It’s worth pointing out that Federal Signal Corp. [NYSE:FSS]’s Current Ratio is 2.91. Further, the Quick Ratio stands at 1.36, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 2.83, the price to book ratio is 4.87 and price to earnings (TTM) ratio is 31.24.
Transactions by insiders
Recent insider trading involved WEBER MARK, SVP & COO, that happened on Nov 09 ’23 when 56944.0 shares were sold. SVP & COO, WEBER MARK completed a deal on Nov 08 ’23 to sell 4500.0 shares. Meanwhile, Director MARTIN DENNIS J sold 32191.0 shares on Aug 02 ’23.
