Federal Signal Corporation (FSS) Stock Price & Analysis
Federal Signal Corporation (FSS) is trading at USD 115.02, up 1.38% today, as of October 29, 2026 at 18:09 UTC (US market open; quotes may be delayed), according to Nexqual market data.
FSS last closed at USD 113.45; today's session has ranged USD 104.78–117.18 on volume of 576,432 shares. Market capitalization is $7.02B, with a 52-week range of USD 101.19–134.51 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 18:10 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FSS.md
Key facts (FSS)
- Last four reported quarters (through Jun 30, 2026): revenue $2.45B, net income $285M (11.7% margin), free cash flow $339M (SEC filings).
- Valuation: P/E 24.6x (avg 27.8x at the last 3 fiscal year-ends), EV/EBITDA 15.3x, net debt $392M.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $3.3M; 2 not under a Rule 10b5-1 plan ($3.3M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.86 on a 1–5 scale) (7 analysts), mean target USD 144.29 (range 132–150).
- Total return with dividends: 1Y -10.9% vs S&P 500 +12.8%; 5Y +177.7% vs S&P 500 +78.7%.
- Next earnings: 2026-10-29, EPS estimate USD 1.31, revenue estimate $680M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FSS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.43B | $1.72B | $1.86B | $2.18B | $2.45B |
| Gross profit | $289M | $345M | $450M | $533M | $631M | — |
| Operating income | $131M | $161M | $225M | $281M | $341M | $395M |
| Net income | $101M | $120M | $157M | $216M | $247M | $285M |
| EPS (diluted) | $1.63 | $1.97 | $2.56 | $3.50 | $4.01 | — |
| Free cash flow | $64.4M | $18.8M | $164M | $191M | $227M | $339M |
| Gross margin | 23.8% | 24.0% | 26.1% | 28.6% | 28.9% | — |
| Operating margin | 10.8% | 11.2% | 13.0% | 15.1% | 15.6% | 16.2% |
| Net margin | 8.3% | 8.4% | 9.1% | 11.6% | 11.3% | 11.7% |
| Revenue growth | +7.3% | +18.3% | +20.1% | +8.1% | +17.1% | — |
| Cash + short-term investments | $40.5M | $47.5M | $61.0M | $91.1M | $63.7M | — |
| Total debt | $281M | $362M | $301M | $218M | $567M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (FSS)
P/E 24.6x · P/S 2.9x · EV/EBITDA 15.3x · EV/Sales 3.0x · P/FCF 20.7x · P/B 4.7x · FCF yield 4.83% · Earnings yield 4.06% · Dividend yield (paid, TTM) 0.51% · Buyback yield (TTM) 0.00% · Net debt $392M · EV $7.41B
P/E at fiscal year-ends: Dec 2025 27.1x, Dec 2024 26.4x, Dec 2023 30.0x.
Insider sales (SEC Form 4, open-market, last ~7 months) (FSS)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-04 | Reichelderfer Brenda | Director | 6,070 | $795K | 11.7% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-08-03…2026-08-04 | Bonina Diane | VP, Gen'l Counsel & Secretary | 19,264 | $2.5M | 54.1% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (FSS)
Consensus Buy (mean 1.86 on a 1–5 scale), 7 analysts; mean target USD 144.29 (low 132, high 150).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-17 | Citigroup | Initiated | Buy | $150 |
Total return (dividends reinvested) (FSS)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -10.9% | +177.7% |
| S&P 500 (SPY) | +12.8% | +78.7% |
| Per year | -10.9% | +22.6% |
| Volatility (annualized) | 34.8% | 29.3% |
| Max drawdown | -19.0% (Oct 2025→Mar 2026) | -33.0% (Nov 2021→Apr 2022) |
FSS earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Sep 30, 2026 | $1.34 | $1.32 | Beat +1.5% | — |
| — | Quarter ended Jun 30, 2026 | $1.42 | $1.29 | Beat +10.1% | — |
| — | Quarter ended Mar 31, 2026 | $1.18 | $0.88 | Beat +34.1% | — |
| — | Quarter ended Dec 31, 2025 | $1.16 | $1.10 | Beat +5.5% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
FSS recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Jul 30, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
FSS revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Environmental Solutions | $577.7M | 86.2% | +20.2% |
| Safety and Security Systems | $92.5M | 13.8% | +10.0% |
| Total revenue | $670.2M | 100% | — |
FSS revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Vehiclesandequipment | $449.8M | 67.1% | +20.1% |
| Parts | $88.6M | 13.2% | +29.9% |
| Publicsafetyandsecurityequipment | $60.6M | 9.0% | +14.6% |
| Rentalincome | $23.7M | 3.5% | +16.2% |
| Industrialsignalingequipment | $18.8M | 2.8% | +7.4% |
| Other | $15.6M | 2.3% | -10.3% |
| Warningsystems | $13.1M | 2.0% | -4.4% |
| Total revenue | $670.2M | 100% | — |
FSS revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| U.S. | $555.1M | 82.8% | +24.7% |
| Canada | $69.5M | 10.4% | -12.2% |
| Europe/Other | $45.6M | 6.8% | +13.4% |
| Total revenue | $670.2M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
FSS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $1.31 | $1.25 | +4.8% | $680.2M | 8 |
| Next quarter (ends Mar 2027) | $1.25 | $1.23 | +1.6% | $657.0M | 6 |
| Current fiscal year (ends Dec 2026) | $5.23 | $4.96 | +5.5% | $2.64B | 8 |
| Next fiscal year (ends Dec 2027) | $5.78 | $5.55 | +4.2% | $2.79B | 8 |
FSS options: expected move
Options price a move of about ±10.1% (±$11.45) by Nov 20, 2026, which includes earnings on Oct 29, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 22 | 49.8% | ±10.1% |
| Dec 18, 2026 | 50 | 38.8% | ±11.7% |
| Feb 19, 2027 | 113 | 37.1% | ±16.6% |
| May 21, 2027 | 204 | 38.2% | ±22.7% |
30-day implied volatility 44.8% vs 25.2% realized over the last 30 trading days. Put/call ratio (volume) 0.2. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 18:10 UTC)
| Price | USD 115.02 |
|---|---|
| Change | ▲ 1.38% (up) |
| Previous Close | USD 113.45 |
| Open | USD 105.82 |
| Day Range | USD 104.78 – 117.18 |
| 52-Week Range | USD 101.19 – 134.51 |
| Volume | 576,432 shares |
| Market Cap | $7.02B |
| Exchange | NYQ |
Technical Analysis (FSS)
Nexqual's technical model rates FSS "NEUTRAL" based on 2 bullish and 3 bearish signals across 128 daily candles, as of October 29, 2026 at 18:10 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 52.1 (neutral) |
| vs SMA50 | Below (USD 115.49) |
| MACD | -0.24 (negative) |
Analyst Ratings (FSS)
Wall Street analysts rate FSS "Buy" based on 7 analysts, with a mean price target of USD 144.29 (range USD 132–150), per Nexqual as of October 29, 2026 at 18:10 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 144.29 |
| High Target | USD 150 |
| Low Target | USD 132 |
| Buy / Hold / Sell | 6 / 1 / 0 |
Earnings (FSS)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 1.31 |
| Revenue Estimate | $680.22M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 1.34 vs est 1.32 ▲ beat |
| 2026-06-30 | USD 1.42 vs est 1.29 ▲ beat |
| 2026-03-31 | USD 1.18 vs est 0.88 ▲ beat |
| 2025-12-31 | USD 1.16 vs est 1.1 ▲ beat |
Source: Nexqual, October 29, 2026 at 18:10 UTC.
Financials & Fundamentals (FSS)
| Total Revenue | $2.45B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +18.70% |
| Gross Margin | +29.17% |
| Operating Margin | +17.65% |
| Profit Margin | +11.66% |
| ROE | +20.61% |
| Debt / Equity | 0.32 |
| Current Ratio | 2.74 |
| Total Cash | $62.80M |
| Total Debt | $485.80M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $339.20M (13.9% of revenue) |
Source: Nexqual, October 29, 2026 at 18:10 UTC.
Financial Health Score (FSS)
Nexqual rates Federal Signal Corporation's overall financial health "Solid" across five dimensions, as of October 29, 2026 at 18:10 UTC.
| Growth | Strong — Revenue +17% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 29%, operating 16% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $63M cash and investments vs $455M debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $339M (last 4 quarters to Jun 2026, SEC), 14% margin |
| Efficiency | Solid — ROE 19%, ROA 11.7% (last 4 quarters, SEC) |
Ownership (FSS)
| Insider Ownership | +2.57% |
|---|---|
| Institutional Ownership | +104.96% |
| Shares Outstanding | 61.04M |
| Float | 59.51M |
| Short % of Float | +9.40% |
Source: Nexqual, October 29, 2026 at 18:10 UTC.
Leadership (FSS)
Federal Signal Corporation is led by Jennifer L. Sherman, President, CEO & Director, per Nexqual as of October 29, 2026 at 18:10 UTC.
| President, CEO & Director | Jennifer L. Sherman |
|---|---|
| Senior VP & CFO | Ian A. Hudson |
| Senior VP & COO | Mark D. Weber |
Major Backers & Investors (FSS)
Notable institutional backers of Federal Signal Corporation include SmallCap World Fund Inc, Capital Group, FMR, LLC, according to Nexqual as of October 29, 2026 at 18:10 UTC.
Active Investors
| Investor | Stake |
|---|---|
| SmallCap World Fund Inc | 4.15% |
| Capital Group | 3.68% |
| FMR, LLC | 2.44% |
| Neuberger Berman Group, LLC | 2.36% |
| Wasatch Advisors LP | 2.13% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.76% |
| Vanguard Group | 10.07% |
| State Street | 4.01% |
| Geode Capital | 3.2% |
| Dimensional Fund Advisors | 2.01% |
Source: Nexqual, October 29, 2026 at 18:10 UTC.
Legal & Regulatory Risks from Federal Signal Corporation's Latest 10-K (filed 2026-02-25)
- We may incur material losses and costs as a result of lawsuits or claims that may be brought against us that are related to product liability, warranty, product recalls, intellectual property, client service interruptions, or other matters.
- The costs associated with complying with environmental, safety, and other regulations could lower our margins.
- We have international operations that are subject to compliance with domestic and foreign laws and regulations and can be impacted by economic and political uncertainties and conflicts and foreign currency rate fluctuations.
- Increased IT security threats, including more sophisticated cybersecurity attacks, pose a risk to our systems, networks, products, and operations, and related changes in laws, regulations, policies, and contractual obligations could adversely affect our business.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| AGCO | AGCO Corporation | USD 108.52 | ▲ 6.23% |
| TEX | Terex Corporation | USD 56.36 | ▲ 5.6% |
| OSK | Oshkosh Corporation (Holding Co | USD 132.42 | ▼ 3.99% |
| CNH | CNH Industrial N.V. | USD 11.44 | ▲ 3.95% |
| BLBD | Blue Bird Corporation | USD 56.51 | ▼ 1.15% |
| ALG | Alamo Group, Inc. | USD 146.25 | ▲ 1.36% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 18:10 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt