Federal Signal Corporation (NYSE:FSS) does about 300.91K shares in volume on a normal day but saw 408867 shares change hands in Friday trading. The company now has a market cap of 3.25B USD. Its current market price is $53.41, marking an increase of 0.23% compared to the previous close of $53.29. The 52 week high reached by this stock is $55.38 whilst the lowest price level in 52 weeks is $31.86. The script in recent trading has seen the stock touch a high of $53.915 and a low of $52.88.
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
Federal Signal Corporation (FSS) has a 20-day trading average at $53.17 and the current price is -3.56% off the 52-week high compared with 67.64% distance from its 52-week low. The 50-day simple moving average of the closing price is $49.65 and its 200-day simple moving average is $42.47. If we look at the stock’s price movements over the week, volatility stands at 2.30%, which increases to 2.41% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.94 to suggest the stock is neutral.
6 analysts observing the Federal Signal Corporation (FSS) stock have set the 12-month price targets for the company’s shares at between $45.00 and $57.00. The consensus objective for the share price is $50.60, suggesting that the stock has a potential downside of -5.55% over the period. The median price target is -2.71% away from the current levels at $52.00.
FactSet Research has provided data showing that 6 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 5 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
DA Davidson upgraded the stock to “Buy” from Neutral on October 07, 2022 at a price target of $39-$46. DA Davidson initiated its price target at $45.
The current price level is 0.70%, 7.87%, and 26.04% away from its SMA20, SMA50, and SMA200 respectively, with the FSS price moving above the 50-day SMA on February 17. Federal Signal Corporation (FSS) stock is up 1.97% over the week and 7.79% over the past month. Its price is 14.93% year-to-date and 40.96% over the past year.
FSS’s earnings per share are forecast to grow by 12.00% this year and 18.90% over next year. Expected sales for next quarter are $364.52 million, which analysts say will come at $1.42 billion for the current fiscal year and next year at $1.56 billion. In addition, estimates put the company’s current quarterly revenue at an average of $379.69 million.
To reach the target analysts have set, the stock logically needs to shrink -5.55 percent from here.
Outstanding shares total 60.40M with insiders holding 2.53% of the shares and institutional holders owning 92.11% of the company’s common stock. The company has a return on investment of 9.70% and return on equity of 13.10%. The price to earnings ratio (P/E ratio) amounts to 31.07 while the forward price to earnings ratio is 22.93. The beta has a value of 1.07. Price to book ratio is 3.90 and price to sales ratio is 2.42.
According to a U.S. Securities and Exchange Commission filing, iShares Core S&P Small Cap ETF has added its position in Federal Signal Corporation (FSS) to 4,516,743 shares, mirroring a recent increase by 0.06%. iShares Core S&P Small Cap ETF added 2896.0 shares of Federal Signal Corporation common stock bringing its total worth to about $240.52 million at the end of recent close, SEC documents show. iShares Core S&P Small Cap ETF isn’t the only investment manager who changed stakes and is followed by Vanguard Total Stock Market Index, which added 3199.0 shares to end up with 1,855,422 shares worth $98.8 million. Delaware Small Cap Core Fund raise their holdings by 3.59% in the company over the course of the most recent quarter. It now holds a 2.92% position in Federal Signal Corporation thanks to 1.77 million shares amounting to $94.12 million.
