Federal Signal (NYSE:FSS) Issues FY24 Earnings Guidance

Federal Signal (NYSE:FSS) updated its FY24 earnings guidance on Thursday. The company provided EPS guidance of $3.30-3.40 for the period, compared to the consensus EPS estimate of $3.27. The company issued revenue guidance of $1.86-1.88 billion, compared to the consensus revenue estimate of $1.88 billion. Federal Signal also updated its FY 2024 guidance to 3.300-3.400 EPS.

Federal Signal Trading Up 0.3 %

Shares of FSS stock opened at $84.76 on Thursday. Federal Signal has a 12 month low of $57.29 and a 12 month high of $102.18. The company has a quick ratio of 1.35, a current ratio of 2.89 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $89.82 and its two-hundred day moving average is $88.63. The company has a market cap of $5.18 billion, a PE ratio of 25.76 and a beta of 0.93.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.48 annualized dividend and a yield of 0.57%. Federal Signal’s dividend payout ratio (DPR) is presently 14.59%.

Insider Buying and Selling at Federal Signal

In other Federal Signal news, Director Brenda Reichelderfer sold 25,685 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $92.99, for a total transaction of $2,388,448.15. Following the transaction, the director now owns 57,417 shares in the company, valued at $5,339,206.83. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 3.10% of the company’s stock.

About Federal Signal

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.