Important positive changes in Federal Signal Corp. (NYSE: FSS) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.
Federal Signal Corp. (NYSE: FSS) has benefited from significant positive changes in fundamentals: the consensus estimate for December, 2023 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FSS is expected to continue to be an important Value Builder.
Federal Signal has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Federal Signal has a poor Appreciation Score of 20 but a very high Power Rating of 88, producing the Neutral Value Trend Rating.
Recent Price Action
Federal Signal Corp. (NYSE: FSS) stock rose modestly by 0.3% on 12/4/23. The stock closed at $70.29. This advance was accompanied by normal trading volume. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
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