Federal Signal Corporation (NYSE:FSS) previous close was $29.11 while the outstanding shares total 60.50M. The firm has a beta of 1.15, a 12-month trailing P/E ratio of 15.45, and a growth ratio of 0.97. FSS’s shares traded lower over the last trading session, losing -1.68% on 06/26/20. The shares fell to a low of $28.47 before closing at $28.62. Intraday shares traded counted 0.56 million, which was -47.2% lower than its 30-day average trading volume of 380.61K. The stock’s Relative Strength Index (RSI) is 43.47, with weekly volatility at 2.44% and ATR at 1.09. The FSS stock’s 52-week price range has touched low of $23.32 and a $35.75 high.
Investors have identified the Pollution & Treatment Controls company Federal Signal Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.75 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Federal Signal Corporation (FSS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For FSS, the company has in raw cash 69.4 million on their books with 0.2 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 422900000 million total, with 167100000 million as their total liabilities.
FSS were able to record -4.3 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 37.8 million. In cash movements, the company had a total of 5.2 million as operating cash flow.
Potential earnings growth for Federal Signal Corporation (FSS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Federal Signal Corporation recorded a total of 286.1 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 4.3% coming in sequential stages and their sales for the third quarter reducing by -9.89%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 211.3 million trying to sell their products during the last quarter, with the result yielding a gross income of 74.8 million. This allows shareholders to hold on to 60.50M with the revenue now reading 0.39 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.34 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.79 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on FSS sounds very interesting.
Is the stock of FSS attractive?
In related news, VP, Treasurer & Corp. Develop., Vinokur Svetlana sold 10,171 shares of the company’s stock in a transaction that recorded on Jun 03. The sale was performed at an average price of 30.27, for a total value of 307,876. As the sale deal closes, the President & CEO, SHERMAN JENNIFER L now bought 1,000 shares of the company’s stock, valued at 25,870. Also, S.V.P. & CFO, Hudson Ian A. bought 3,266 shares of the company’s stock in a deal that was recorded on Mar 13. The shares were price at an average price of 27.15 per share, with a total market value of 88,672. Following this completion of acquisition, the Director, Workman John L now holds 5,000 shares of the company’s stock, valued at 147,410. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.90%.
2 out of 4 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Federal Signal Corporation. 0 analysts has assigned a Sell rating on the FSS stock. The 12-month mean consensus price target for the company’s shares has been set at $34.00.