Raymond James analyst Felix Boeschen maintained a Buy rating on Federal Signal (NYSE:FSS) Corp. on Wednesday, setting a price target of $48, which is approximately 16.39% above the present share price of $41.24.
Boeschen expects Federal Signal Corp . to post earnings per share (EPS) of $0.43 for the second quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Federal Signal, with an average price target of $44.67.
The analysts price targets range from a high of $48 to a low of $42.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $294.8 million and a net profit of $35.1 million. The company's market cap is $2.5 billion.
According to TipRanks.com, Raymond James analyst Felix Boeschen is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 20.1% and a 70.97% success rate.
Federal Signal Corp. engages in the designed manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group, and Safety and Security Systems Group segments. The Environment Solutions Group segment involves in the manufacture and supply of street sweeper vehicles, sewer cleaner, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment. The Safety and Security Systems Group segment offers comprehensive systems and products which law enforcement, fire rescue, emergency medical services, campuses, military facilities, and industrial sites use to protect people and property. The company was founded in 1901 and is headquartered in Oak Brook, IL.