Federal Signal (FSS)

• Market cap: $5.63B
• 1 day: -0.51%
• 5 days: 0.93%
• 1 month: -6.03%
• 3 months: -1.36%
• 6 months: 11.95%
• Year to date: 22.46%
• 1 year: 22.46%
• 5 years: 185.15%
• 10 years: 495.16%
• Sector: Consumer Discretionary
• Industry: Motor Vehicles & Passenger Car Bodies

About: Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental Solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.

Employees: 4,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

87% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 31

10% more capital invested

Capital invested by funds: $4.79B [Q2] → $5.25B (+$464M) [Q3]

8% more funds holding

Funds holding: 357 [Q2] → 384 (+27) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 140

1.76% less ownership

Funds ownership: 93.7% [Q2] → 91.94% (-1.76%) [Q3]

18% less call options, than puts

Call options by funds: $1.27M | Put options by funds: $1.55M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $90 2% downside
• Avg. target: $100 8% upside
• High target: $110 19% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Raymond James Tim Thein 90% 1-year accuracy 9 / 10 met price target	19% upside $110	Outperform Reinstated	24 Dec 2024
DA Davidson Michael Shlisky 42% 1-year accuracy 11 / 26 met price target	2% downside $90	Neutral Maintained	5 Nov 2024