Federal Signal (FSS)

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

NYSE

Website

www.federalsignal.com

CEO

Jennifer Sherman

Incorporated

Delaware

Location

Illinois

Fiscal year end

Dec 31

Sector

Manufacturing > Heavy Duty Truck Manufacturing

Industry (SIC)

Motor Vehicles & Passenger Car Bodies

Toyota Motor • General Motors • Paccar • Navistar International • XPeng • Li Auto • Rivian Automotive • NIO • Oshkosh • WABCO ...

SEC CIK

0000277509

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

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

1M 1Y 5Y

News

From Benzinga Pro

Raymond James Maintains Strong Buy on Federal Signal, Raises Price Target to $45

28 Jul 22

Raymond James analyst Felix Boeschen maintains Federal Signal (NYSE:FSS) with a Strong Buy and raises the price target from $42 to $45.

Recap: Federal Signal Q2 Earnings

27 Jul 22

Federal Signal (NYSE:FSS) reported its Q2 earnings results on Wednesday, July 27, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Federal Signal Q2 EPS $0.53 Beats $0.47 Estimate, Sales $366.70M Beat $364.80M Estimate

27 Jul 22

Federal Signal (NYSE:FSS) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.47 by 12.77 percent. This is a 6 percent increase over earnings of $0.50 per share from the same

Earnings Scheduled For July 27, 2022

27 Jul 22

Raymond James Remains Bullish On Federal Signal, Cuts Price Target By ~7%

19 Jul 22

Press releases

From Benzinga Pro

Federal Signal Corporation Declares Dividend of $0.09 per share

25 Jul 22

OAK BROOK, Ill., July 25, 2022 /PRNewswire/ --The Board of Directors of Federal Signal Corporation (NYSE:FSS) declared a quarterly cash dividend of nine cents ($0.09) per share on its common stock. The dividend is

Federal Signal to Host Second Quarter Earnings Conference Call on July 27, 2022

13 Jul 22

OAK BROOK, Ill., July 13, 2022 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, will announce second quarter earnings before the market opens

Analyst ratings and price targets

Last 3 months

Calendar

27 Jul 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart FSS financial data

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

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

FSS insider ownership history Insider history

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

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

FSS institutional ownership history Ownership history

90.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	236	236	–
Opened positions	31	42	-26.2%
Closed positions	31	17	+82.4%
Increased positions	71	83	-14.5%
Reduced positions	93	73	+27.4%

13F shares	Current	Prev Q	Change
Total value	1.86B	2.42B	-23.2%
Total shares	54.97M	55.77M	-1.4%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	9.25M	$312.15M	+0.4%
Vanguard	4.05M	$136.76M	+2.0%
Dimensional Fund Advisors	2.78M	$93.98M	+1.0%
TROW T. Rowe Price	2.65M	$89.46M	+15.2%
Van Berkom & Associates	2.42M	$81.83M	-0.9%
MCQEF Macquarie	2.14M	$72.23M	+1.9%
STT State Street	2.1M	$71.16M	+3.8%
FMR	2.04M	$68.77M	+14.1%
WHG Westwood	1.79M	$60.46M	+20.7%
GS Goldman Sachs	1.65M	$55.73M	+11.1%

Largest transactions	Shares	Bought/sold	Change
IVZ Invesco	406.73K	-1.42M	-77.8%
Norges Bank	0	-615K	EXIT
GW&K Investment Management	1.34M	-420.73K	-23.8%
TROW T. Rowe Price	2.65M	+350.66K	+15.2%
WHG Westwood	1.79M	+306.79K	+20.7%
Brown Advisory	1.25M	+287.05K	+29.8%
Ceredex Value Advisors	258.4K	+258.4K	NEW
FMR	2.04M	+252.48K	+14.1%
Neumeier Poma Investment Counsel	932.45K	-229.65K	-19.8%
Renaissance Technologies	195.2K	+187.9K	+2574.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Cleartronic • Voiceinterop

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.