Federal Signal Co. (NYSE:FSS) announced a quarterly dividend on Tuesday, October 29th, Zacks reports. Stockholders of record on Wednesday, November 13th will be paid a dividend of 0.08 per share by the conglomerate on Tuesday, November 26th. This represents a $0.32 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Tuesday, November 12th.
Shares of NYSE FSS opened at $33.20 on Friday. The company’s 50-day simple moving average is $32.60 and its 200-day simple moving average is $28.97. Federal Signal has a 52-week low of $18.59 and a 52-week high of $35.75. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 23.22 and a beta of 1.58. The company has a quick ratio of 1.17, a current ratio of 2.32 and a debt-to-equity ratio of 0.45.
Federal Signal (NYSE:FSS) last posted its quarterly earnings results on Thursday, October 31st. The conglomerate reported $0.47 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.05. The firm had revenue of $308.80 million for the quarter, compared to the consensus estimate of $309.06 million. Federal Signal had a net margin of 9.37% and a return on equity of 18.45%. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same period last year, the firm posted $0.36 earnings per share. Equities research analysts anticipate that Federal Signal will post 1.74 EPS for the current fiscal year.
In other Federal Signal news, VP Svetlana Vinokur sold 10,818 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $32.30, for a total transaction of $349,421.40. Following the completion of the transaction, the vice president now owns 23,774 shares in the company, valued at approximately $767,900.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Ian A. Hudson sold 45,087 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $32.04, for a total transaction of $1,444,587.48. Following the transaction, the chief financial officer now owns 48,974 shares of the company’s stock, valued at approximately $1,569,126.96. The disclosure for this sale can be found here. Insiders own 4.00% of the company’s stock.
FSS has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Federal Signal from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research note on Tuesday, November 5th. ValuEngine downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st.
Federal Signal Company Profile
Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through two segments, Environmental Solutions Group and Safety and Security Systems Group.
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