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Federal Signal CorporationNYSE:FSS Stock Report

Market Cap US$7.0b
Share Price
n/a
1Y8.4%
7D-12.6%
1D1.5%
Portfolio Value
View

Federal Signal Corporation

NYSE:FSS Stock Report

Market Cap: US$7.0b

Federal Signal (FSS) Stock Overview

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. More details

FSS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends0/6

FSS Community Fair Values

Create Narrative

See what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.

Federal Signal Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Federal Signal
Historical stock prices
Current Share PriceUS$115.23
52 Week HighUS$134.51
52 Week LowUS$101.19
Beta1.23
1 Month Change5.61%
3 Month Change-1.70%
1 Year Change6.77%
3 Year Change81.52%
5 Year Change205.00%
Change since IPO6,094.78%

Recent News & Updates

Seeking Alpha 8h

Federal Signal: How Its Shift Toward Aftermarket Services Makes It A Buy

Summary Federal Signal earns a Buy rating with a $143 target, reflecting its strategic pivot to aftermarket services and recurring revenue streams. FSS delivered robust Q1 results: 35% revenue growth, 52% operating income increase, and a 176% surge in operating cash flow, highlighting strong demand and operating leverage. Aftermarket sales now comprise 23% of ESG segment revenue, growing 18% YoY, supporting stable cash flow and higher margins versus equipment sales. Risks include chassis supply constraints and integration of recent acquisitions, but strong cash generation and successful integrations mitigate concerns. Read the full article on Seeking Alpha
Analysis Article Jun 17

Federal Signal (FSS) Stock Could Be 20.7% Undervalued Backed By Order Growth Narrative

Federal Signal (FSS) has attracted attention after recent share price moves and this has prompted a closer look at what the latest returns might suggest for investors watching this municipal and industrial equipment supplier. See our latest analysis for Federal Signal. Recent trading has pushed Federal Signal's share price to $112.70, with a 90-day share price return of 5.30% and a 1-year total shareholder return of 11.65% indicating momentum building on top of strong multi year gains. If you...
Narrative Update Jun 12

FSS: Durable Moat And Cash Flow Flexibility Will Support Future Share Gains

Analysts have raised their price target on Federal Signal by $10 to reflect updated assumptions around discount rates and future P/E multiples, while keeping fair value estimates largely in line with prior views. What's in the News Recent coverage highlights Federal Signal as an industrials stock with a durable competitive advantage, pointing to recent revenue and earnings growth that has outpaced sales, along with expanding free cash flow margins and rising profitability.

Recent updates

Seeking Alpha 8h

Federal Signal: How Its Shift Toward Aftermarket Services Makes It A Buy

Summary Federal Signal earns a Buy rating with a $143 target, reflecting its strategic pivot to aftermarket services and recurring revenue streams. FSS delivered robust Q1 results: 35% revenue growth, 52% operating income increase, and a 176% surge in operating cash flow, highlighting strong demand and operating leverage. Aftermarket sales now comprise 23% of ESG segment revenue, growing 18% YoY, supporting stable cash flow and higher margins versus equipment sales. Risks include chassis supply constraints and integration of recent acquisitions, but strong cash generation and successful integrations mitigate concerns. Read the full article on Seeking Alpha
Analysis Article Jun 17

Federal Signal (FSS) Stock Could Be 20.7% Undervalued Backed By Order Growth Narrative

Federal Signal (FSS) has attracted attention after recent share price moves and this has prompted a closer look at what the latest returns might suggest for investors watching this municipal and industrial equipment supplier. See our latest analysis for Federal Signal. Recent trading has pushed Federal Signal's share price to $112.70, with a 90-day share price return of 5.30% and a 1-year total shareholder return of 11.65% indicating momentum building on top of strong multi year gains. If you...
Narrative Update Jun 12

FSS: Durable Moat And Cash Flow Flexibility Will Support Future Share Gains

Analysts have raised their price target on Federal Signal by $10 to reflect updated assumptions around discount rates and future P/E multiples, while keeping fair value estimates largely in line with prior views. What's in the News Recent coverage highlights Federal Signal as an industrials stock with a durable competitive advantage, pointing to recent revenue and earnings growth that has outpaced sales, along with expanding free cash flow margins and rising profitability.
Narrative Update May 29

FSS: Nationwide Dealer Network Expansion Will Support Regional Acquisitions And Share Gains

Analysts have nudged their price expectations for Federal Signal higher, with the fair value estimate moving from $138 to about $142, supported by recent research that points to benefits from the company’s nationwide dealer network and acquisitions of regional specialty vehicle manufacturers. Analyst Commentary Bullish Takeaways Bullish analysts point to the nationwide dealer channel as a key support for the higher fair value estimate, seeing it as a way to push acquired regional specialty vehicle manufacturers into more markets and support revenue growth assumptions.
Narrative Update Apr 28

FSS: Nationwide Dealer Network Will Drive Regional Acquisitions And 2026 Share Gains

Analysts kept their fair value estimate for Federal Signal unchanged at $138.00, while highlighting recent upgrades and price targets of $130 and $140. These targets reflect confidence in the company’s nationwide dealer model, its acquisitions of regional specialty vehicle makers, and expectations for continued share gains.
Narrative Update Apr 12

FSS: Nationwide Dealer Network Will Extend Regional Acquisitions For 2026 Share Gains

Analysts have raised their price targets for Federal Signal to a range of $130 to $140, citing the company's nationwide dealer network and acquisitions of regional specialty vehicle makers as key drivers behind the updated view. Analyst Commentary Recent upgrades and higher price targets reflect how the dealer network and regional acquisitions are feeding into analysts' views on execution and future positioning.
Narrative Update Mar 28

FSS: Nationwide Dealer Reach And Acquisitions Will Support 2026 Share Gains

Analysts have raised their price expectations for Federal Signal, with fresh upgrades and higher targets in the $130 to $140 range, citing the company’s nationwide dealer reach and acquisition-driven expansion as key supports for potential share gains. Analyst Commentary Bullish Takeaways Bullish analysts point to the use of a nationwide dealer channel as a key support for execution, arguing that this broad reach can help newly acquired regional vehicle manufacturers scale more efficiently.
Narrative Update Mar 13

FSS: Nationwide Dealer Reach Will Support Confidence In 2026 Earnings Outlook

The analyst price target for Federal Signal increases from $136.83 to $138.00, with analysts citing the company’s nationwide dealer reach and recent upgrades to Overweight and Outperform as support for the updated view. Analyst Commentary Bullish analysts are pointing to recent rating upgrades and refreshed targets as a sign of growing confidence in Federal Signal’s execution and positioning within its niche markets.
Narrative Update Feb 27

FSS: Upgraded Rating Will Support Confidence In 2026 Earnings Outlook

Analysts have raised their price target on Federal Signal from $132.00 to about $136.83, citing updated assumptions on fair value and earnings power. These are broadly consistent with the recent upgrade to Outperform and the $140 price target from CJS Securities.
Analysis Article Dec 31

Do Federal Signal's (NYSE:FSS) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Oct 30

Getting In Cheap On Federal Signal Corporation (NYSE:FSS) Might Be Difficult

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
Analysis Article Sep 18

Federal Signal (NYSE:FSS) Ticks All The Boxes When It Comes To Earnings Growth

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 05

Is Now An Opportune Moment To Examine Federal Signal Corporation (NYSE:FSS)?

Federal Signal Corporation ( NYSE:FSS ), might not be a large cap stock, but it led the NYSE gainers with a relatively...
Analysis Article Aug 02

Federal Signal Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

A week ago, Federal Signal Corporation ( NYSE:FSS ) came out with a strong set of second-quarter numbers that could...
Seeking Alpha Dec 09

Federal Signal Corporation: Upward Potential Not Reached Yet

Summary Federal Signal's stock is experiencing a strong long-term upward trend. FSS is on track to close its 6th consecutive year of gains, with an impressive annual return of +37%. It outperforms the S&P SmallCap 600 Index, to which it belongs, by 7 percentage points, despite having a beta coefficient below 1, at 0.95. The stock's positive performance is backed by the company's solid financial fundamentals. Read the full article on Seeking Alpha
User avatar
New Narrative Aug 28

Organic Growth And Strategic Acquisitions Propel Market Position And Financial Strength

Robust demand and operational efficiency lead to strong organic sales and earnings growth, enhancing future revenue and earnings prospects.

Shareholder Returns

FSSUS MachineryUS Market
7D-13.9%-2.1%0.1%
1Y6.8%38.8%20.3%

Return vs Industry: FSS underperformed the US Machinery industry which returned 38.8% over the past year.

Return vs Market: FSS underperformed the US Market which returned 20.3% over the past year.

Price Volatility

Is FSS's price volatile compared to industry and market?
FSS volatility
FSS Average Weekly Movement5.9%
Machinery Industry Average Movement6.6%
Market Average Movement7.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: FSS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FSS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19015,800Jennifer Shermanwww.federalsignal.com

Federal Signal Corporation 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. The company offers street sweepers, sewer cleaners, industrial vacuum loaders, safe-digging trucks, dump truck bodies, and trailers, as well as waterblasting, road-marking, line-removal, metal extraction support equipment, and multi-purpose maintenance vehicles under the ELGIN, VACTOR, GUZZLER, TRUVAC, WESTECH, JETSTREAM, BLASTERS, MARK RITE LINES, HOG, NEW WAY, TRACKLESS, OX BODIES, CRYSTEEL, J-CRAFT, DURACLASS, RUGBY, TRAVIS, OSW, NTE, WTB, GROUND FORCE, TOWHAUL, BUCKS, AND SWITCH-N-GO brands; and provides refuse and recycling collection vehicles through a dealer network or direct sales to service customers.

Federal Signal Corporation Fundamentals Summary

How do Federal Signal's earnings and revenue compare to its market cap?
FSS fundamental statistics
Market capUS$7.03b
Earnings (TTM)US$270.70m
Revenue (TTM)US$2.34b
26.0x
P/E Ratio
3.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FSS income statement (TTM)
RevenueUS$2.34b
Cost of RevenueUS$1.66b
Gross ProfitUS$679.80m
Other ExpensesUS$409.10m
EarningsUS$270.70m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)4.44
Gross Margin29.02%
Net Profit Margin11.56%
Debt/Equity Ratio38.3%

How did FSS perform over the long term?

See historical performance and comparison

Dividends

0.5%
Current Dividend Yield
13%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/13 20:44
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Federal Signal Corporation is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Walter LiptakBarrington Research Associates, Inc.
Christopher MooreCJS Securities, Inc.
Jonathan TanwantengCJS Securities, Inc.