Somewhat Positive Media Coverage Somewhat Unlikely to Impact Federal Signal (FSS) Stock Price

News headlines about Federal Signal (NYSE:FSS) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Federal Signal earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave media coverage about the conglomerate an impact score of 47.9941468699433 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern’s rankings:

Federal Signal (NYSE FSS) opened at $20.09 on Monday. The firm has a market capitalization of $1,205.08, a P/E ratio of 27.52 and a beta of 1.30. Federal Signal has a 1 year low of $13.07 and a 1 year high of $23.64. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.23 and a current ratio of 2.37.

Federal Signal (NYSE:FSS) last posted its quarterly earnings results on Thursday, November 2nd. The conglomerate reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.03. The firm had revenue of $249.00 million for the quarter, compared to analyst estimates of $240.30 million. Federal Signal had a return on equity of 11.39% and a net margin of 5.30%. The business’s quarterly revenue was up 33.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.17 EPS. sell-side analysts forecast that Federal Signal will post 0.81 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 5th. Shareholders of record on Tuesday, November 14th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend was Monday, November 13th. Federal Signal’s dividend payout ratio (DPR) is 38.36%.

Several research firms have commented on FSS. Zacks Investment Research upgraded Federal Signal from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Thursday, September 7th. ValuEngine cut Federal Signal from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $22.50.

In other Federal Signal news, Director James E. Goodwin sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $20.67, for a total transaction of $206,700.00. Following the transaction, the director now owns 122,929 shares of the company’s stock, valued at approximately $2,540,942.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brenda Reichelderfer sold 8,279 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $20.76, for a total value of $171,872.04. Following the transaction, the director now directly owns 69,388 shares in the company, valued at approximately $1,440,494.88. The disclosure for this sale can be found here. Insiders have sold a total of 110,172 shares of company stock worth $2,338,207 in the last ninety days. Insiders own 4.20% of the company’s stock.

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About Federal Signal

Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company’s segments include the Environmental Solutions Group and the Safety and Security Systems Group. Its Environmental Solutions Group manufactures and supplies a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.

Insider Buying and Selling by Quarter for Federal Signal (NYSE:FSS)

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