For its third fiscal quarter (ending September 30), Federal Signal Corp. (NYSE: FSS) has reported a 24% increase in E.P.S. from $0.71 a year ago to $0.88 in the current quarter. E.P.S. were $3.49 for the latest four quarters through September 30 versus $2.40 for the same period a year ago — an increase of 45%.
Recent Price Action
Federal Signal Corp. (NYSE: FSS) stock declined by -3.8% on 10/31/24. The shares closed at $81.57. Moreover, trading volume in this decline was above average at 146% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.8% during the last week.
Current PriceTarget Research Rating
FSS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Federal Signal has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Federal Signal has a poor Appreciation Score of 26 but a slightly positive Power Rating of 67, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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