Federal Signal Corporation builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where the company works and lives. Founded in 1901, Federal Signal is a leading global designer, manufacturer and supplier of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems.

Company profile
Ticker
FSS
Exchange
Website
CEO
Jennifer Sherman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Toyota Motor • General Motors • Paccar • Navistar International • XPeng • Li Auto • Rivian Automotive • NIO • Oshkosh • WABCO ...
SEC CIK
Corporate docs
Subsidiaries
Crysteel Manufacturing, Inc. • Deist Industries, LLC • Elgin Sweeper Company • Federal Signal of Europe B.V. • Federal Signal UK Holdings Limited • Federal Signal VAMA, S.A. • FS Depot, LLC • FST Canada Inc. • GenNx/TBEI Intermediate Co. • Ground Force Manufacturing LLC ...
IRS number
361063330
FSS stock data
News
Raymond James Maintains Strong Buy on Federal Signal, Raises Price Target to $45
28 Jul 22
Recap: Federal Signal Q2 Earnings
27 Jul 22
Federal Signal Q2 EPS $0.53 Beats $0.47 Estimate, Sales $366.70M Beat $364.80M Estimate
27 Jul 22
Earnings Scheduled For July 27, 2022
27 Jul 22
Raymond James Remains Bullish On Federal Signal, Cuts Price Target By ~7%
19 Jul 22
Analyst ratings and price targets
Calendar
27 Jul 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 31.2M | 31.2M | 31.2M | 31.2M | 31.2M | 31.2M |
Cash burn (monthly) | 2.67M | 1.94M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 3.82M | 2.78M | n/a | n/a | n/a | n/a |
Cash remaining | 27.38M | 28.42M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.3 | 14.6 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jun 22 | Shashank Patel | Common Stock | Grant | Acquire A | No | No | 35.97 | 292 | 10.5K | 4,013 |
6 May 22 | Jennifer L Sherman | Common Stock | Payment of exercise | Dispose F | No | No | 33.82 | 9,335 | 315.71K | 424,807.114 |
6 May 22 | Lauren B Elting | Common Stock | Payment of exercise | Dispose F | No | No | 33.82 | 440 | 14.88K | 12,104 |
6 May 22 | Ian A. Hudson | Common Stock | Payment of exercise | Dispose F | No | No | 33.82 | 2,119 | 71.66K | 71,274 |
6 May 22 | Weber Mark | Common Stock | Payment of exercise | Dispose F | No | No | 33.82 | 2,433 | 82.28K | 40,087 |
Institutional ownership, Q1 2022
90.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 236 |
Opened positions | 31 |
Closed positions | 31 |
Increased positions | 71 |
Reduced positions | 93 |
13F shares | Current |
---|---|
Total value | 1.86B |
Total shares | 54.97M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 9.25M | $312.15M |
Vanguard | 4.05M | $136.76M |
Dimensional Fund Advisors | 2.78M | $93.98M |
TROW T. Rowe Price | 2.65M | $89.46M |
Van Berkom & Associates | 2.42M | $81.83M |
MCQEF Macquarie | 2.14M | $72.23M |
STT State Street | 2.1M | $71.16M |
FMR | 2.04M | $68.77M |
WHG Westwood | 1.79M | $60.46M |
GS Goldman Sachs | 1.65M | $55.73M |
Financial report summary
?Management Discussion
- Total orders for the three months ended June 30, 2022 increased by $52.0 million, or 17%, compared to the prior-year quarter. U.S. orders increased by $48.1 million, or 20%, primarily due to improvements in orders for trailers, street sweepers, safe-digging trucks, metal extraction support equipment, industrial vacuum loaders, and road-marking and line-removal equipment of $17.3 million, $15.9 million $8.0 million, $4.6 million, $3.9 million, and $3.1 million, respectively. Additionally, aftermarket demand increased by $7.8 million. Partially offsetting these improvements were reductions in orders for dump truck bodies and hoists of $9.7 million and $3.2 million, respectively. Non-U.S. orders increased by $3.9 million, or 7%, primarily due to improvements in orders for refuse trucks, street sweepers, and snow removal equipment of $4.5 million, $2.8 million, and $1.9 million, respectively. Partially offsetting these improvements were reductions in orders for industrial vacuum loaders and sewer cleaners of $1.9 million and $1.0 million, respectively, as well as a $2.2 million unfavorable foreign currency translation impact.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
dispute, efficiency, flexibility, low, maintain, point, prosecution, resurgence, submitted, unchanged, variance
Removed:
recognition, timing
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
26 Apr 22
8-K
Disciplined Growth Investor Presentation March 2022
22 Mar 22
8-K
Departure of Directors or Certain Officers
17 Mar 22
8-K
Other Events
3 Jan 22
8-K
Departure of Directors or Certain Officers
26 Oct 21
8-K
Other Events
4 Oct 21
8-K
Other Events
8 Sep 21
8-K
Departure of Directors or Certain Officers
28 Apr 21
8-K
Disciplined Growth Investor Presentation March 2021
23 Mar 21
8-K
Other Events
19 Feb 21
Registration and prospectus
S-8
Registration of securities for employees
4 May 21
S-8
Registration of securities for employees
6 Nov 18
S-8
Registration of securities for employees
14 May 15
S-8
Registration of securities for employees
3 Sep 13
S-8
Registration of securities for employees
3 Sep 13
S-8
Registration of securities for employees
2 Aug 10
424B5
Prospectus supplement for primary offering
6 May 10
FWP
Free writing prospectus
6 May 10
424B3
Prospectus supplement
2 May 10
S-3
Shelf registration
17 Mar 10
Proxies
DEFA14A
Additional proxy soliciting materials
11 Mar 22
DEFA14A
Additional proxy soliciting materials
11 Mar 22
DEFA14A
Additional proxy soliciting materials
6 Apr 21
DEFA14A
Additional proxy soliciting materials
17 Mar 21
DEFA14A
Additional proxy soliciting materials
2 Apr 20
DEFA14A
Additional proxy soliciting materials
12 Mar 20
DEF 14A
Definitive proxy
12 Mar 20
DEFA14A
Additional proxy soliciting materials
28 Mar 19
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
21 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
UPLOAD
Letter from SEC
24 Sep 17
CORRESP
Correspondence with SEC
18 Sep 17
UPLOAD
Letter from SEC
5 Sep 17
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
Ownership
4
FEDERAL SIGNAL / Shashank Patel ownership change
24 Jun 22
11-K
Annual report of employee stock purchases
24 Jun 22
4
FEDERAL SIGNAL / MARK WEBER ownership change
9 May 22
4
FEDERAL SIGNAL / JENNIFER L SHERMAN ownership change
9 May 22
4
FEDERAL SIGNAL / Lauren B Elting ownership change
9 May 22
4
FEDERAL SIGNAL / Ian A. Hudson ownership change
9 May 22
4
FEDERAL SIGNAL / MARK WEBER ownership change
6 May 22
4
FEDERAL SIGNAL / JENNIFER L SHERMAN ownership change
6 May 22
4
FEDERAL SIGNAL / Lauren B Elting ownership change
6 May 22
4
FEDERAL SIGNAL / Ian A. Hudson ownership change
6 May 22
Patents
Utility
Self-adapting emergency vehicle lighting system
26 Jul 22
Lighting systems for emergency vehicles.
Utility
Lighting Unit with Electronically Modulated Beam Configuration
21 Jul 22
Lighting unit that can be mounted to a vehicle for illuminating work or emergency areas at night.
Utility
Light system for a sewer cleaning vehicle
19 Jul 22
A vehicle includes at least one hose extending from the vehicle and configured to extend below ground through a manhole, and a light system.
Utility
Boom Assembly for an Excavation Vehicle and Method Thereof
12 May 22
A boom assembly for an excavation vehicle includes a bracket configured to couple to a turret that is rotatably mounted to a debris body.
Utility
Boom Turret for an Excavation Vehicle and Method Thereof
24 Feb 22
A boom turret for a debris body.
Transcripts
2022 Q2
Earnings call transcript
27 Jul 22
2022 Q1
Earnings call transcript
2 May 22
2021 Q4
Earnings call transcript
1 Mar 22
2021 Q3
Earnings call transcript
9 Nov 21
2021 Q2
Earnings call transcript
31 Jul 21
2021 Q1
Earnings call transcript
7 May 21
2020 Q4
Earnings call transcript
27 Feb 21
2020 Q3
Earnings call transcript
31 Oct 20
2020 Q2
Earnings call transcript
29 Jul 20
2020 Q1
Earnings call transcript
29 Apr 20
Reddit threads
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Daily Discussion Thread - May 19th, 2022
19 May 22
Daily Discussion Thread - May 18th, 2022
18 May 22
Daily Discussion Thread - May 17th, 2022
17 May 22
Daily Discussion Thread - May 16th, 2022
16 May 22
Skylight Health Group: SLHG is VBC unicorn
3 May 22
(5/2) Monday's Pre-Market Stock Movers & News
2 May 22
Daily Discussion Thread - May 2nd, 2022
2 May 22