Somewhat Positive Press Coverage Somewhat Unlikely to Affect Federal Signal Corporation (NYSE:FSS) Share Price

News stories about Federal Signal Corporation (NYSE:FSS) have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Federal Signal Corporation earned a news impact score of 0.15 on Accern’s scale. Accern also gave news headlines about the conglomerate an impact score of 45.5473661077595 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Federal Signal Corporation (FSS) traded up 0.93% during midday trading on Friday, reaching $18.54. 248,961 shares of the company traded hands. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 30.34 and a beta of 1.37. The stock’s 50 day moving average is $17.61 and its 200 day moving average is $15.75. Federal Signal Corporation has a one year low of $11.68 and a one year high of $18.64.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Tuesday, August 15th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Friday, August 11th. Federal Signal Corporation’s dividend payout ratio is currently 45.16%.

A number of equities research analysts have issued reports on FSS shares. TheStreet upgraded shares of Federal Signal Corporation from a “c” rating to a “b-” rating in a research note on Thursday, April 27th. Zacks Investment Research upgraded shares of Federal Signal Corporation from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Monday, May 22nd. Finally, BidaskClub upgraded shares of Federal Signal Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Four equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of $19.00.

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In other Federal Signal Corporation news, Director Paul W. Jones sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $15.96, for a total value of $798,000.00. Following the completion of the sale, the director now owns 72,901 shares of the company’s stock, valued at $1,163,499.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Samuel Miceli sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $16.05, for a total value of $32,100.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 52,900 shares of company stock valued at $844,662. 4.20% of the stock is owned by insiders.

About Federal Signal Corporation

Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company’s segments include the Environmental Solutions Group and the Safety and Security Systems Group. Its Environmental Solutions Group manufactures and supplies a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and waterblasting equipment.

Insider Buying and Selling by Quarter for Federal Signal Corporation (NYSE:FSS)

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