Federal Signal Corporation which can be found using ticker (FSS) now have 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 68 and 52 with the average target price sitting at $61.00. Now with the previous closing price of $51.03 this indicates there is a potential upside of 19.5%. Also worth taking note is the 50 day moving average now sits at $52.65 and the 200 moving average now moves to $46.49. The company has a market cap of $3,101m. Visit the company website at: https://www.federalsignal.com
The potential market cap would be $3,707m based on the market consensus.
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. The Environmental Solutions Group segment manufactures and supplies street sweepers, sewer cleaners, industrial vacuum loaders, safe-digging trucks, dump truck bodies, and trailers, as well as waterblasting, road-marking, line-removal, and metal extraction support equipment under the Elgin, Vactor, Guzzler, TRUVAC, WestechTM, Jetstream, Mark Rite Lines, Ox Bodies, Crysteel, J-Craft, Duraclass, Rugby, Travis, OSW, NTE, WTB, Ground Force, TowHaul, Bucks, and Switch-N-Go brands; and provides refuse and recycling collection vehicles, camera systems, ice resurfacing equipment, and snow-removal equipment through a dealer network or direct sales to service customers. This segment also engages in the sale of parts, service and repair, equipment rentals, and training. The Safety and Security Systems Group segment provides systems for community alerting, emergency vehicles, first responder interoperable communications, and industrial communications; public safety equipment, such as vehicle lightbars and sirens, industrial signaling equipment, public warning systems, and general alarm/public address systems under the Federal Signal, Federal Signal VAMA, and Victor brands. This segment sells products through wholesalers, distributors, independent manufacturer representatives, original equipment manufacturers, and direct sales force, as well as independent foreign distributors. Federal Signal Corporation was founded in 1901 and is based in Oak Brook, Illinois.
The company has a dividend yield of 0.71% with the ex dividend date set at 16-3-2023 (DMY).
Other points of data to note are a P/E ratio of 25.91, revenue per share of 23.72 and a 6.96% return on assets.
