Federal Signal (NYSE:FSS) posted its quarterly earnings results on Wednesday. The conglomerate reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.09, Briefing.com reports. Federal Signal had a net margin of 8.85% and a return on equity of 17.57%. The company had revenue of $324.30 million for the quarter, compared to analysts’ expectations of $305.40 million. During the same quarter in the previous year, the firm posted $0.45 EPS. Federal Signal’s revenue was up 11.4% on a year-over-year basis. Federal Signal updated its FY19 guidance to $1.64-1.72 EPS.
Shares of NYSE:FSS traded up $2.27 during midday trading on Wednesday, hitting $31.15. 815,179 shares of the stock traded hands, compared to its average volume of 282,824. The stock has a market cap of $1.72 billion, a PE ratio of 21.78 and a beta of 1.58. The stock’s 50 day simple moving average is $26.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.08 and a quick ratio of 1.05. Federal Signal has a one year low of $18.59 and a one year high of $32.80.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 28th. Stockholders of record on Wednesday, August 14th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.03%. Federal Signal’s dividend payout ratio (DPR) is 22.38%.
A number of research analysts have recently commented on FSS shares. Zacks Investment Research lowered shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Wednesday, July 3rd. ValuEngine upgraded shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Friday, July 19th.
About Federal Signal
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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