- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
Federal Signal Corporation(FSS)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FSS
11/09/2026: FSS (1-star) is currently NOT-A-BUY. Pass it for now.
Federal Signal Corporation is a specialized industrial manufacturer known for its robust portfolio of environmental and public safety equipment. The company maintains a leading position in niche markets like street sweepers and emergency signaling systems, benefiting from reliable, recurring aftermarket revenue. Its primary investment story centers on steady growth linked to municipal infrastructure cycles and the expansion of high-margin service offerings. Key risks include heavy dependence on public sector budgets and exposure to raw material costs. The stock may suit defensive or value-oriented investors who value steady performance over explosive growth, with investors encouraged to monitor government infrastructure spending trends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While the company shows steady growth, it is characterized more by stable, long-cycle industrial progress than rapid hyper-growth. |
| Momentum investor | Strong fit while signal remains positive | The stock often trends well during periods of high industrial infrastructure investment. |
| Value investor | Strong fit | The company often trades at reasonable valuation multiples relative to its earnings stability and market position. |
| Dividend investor | Mixed fit | It provides a reliable dividend, though the yield is typically modest compared to high-dividend utility or real estate stocks. |
| Low-risk investor | Strong fit | The business model relies on essential, non-discretionary municipal spending, offering relative defensive qualities. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The stock can experience swings aligned with broader industrial market sentiment. |
| Valuation risk | Medium | As a well-regarded industrial player, the company may occasionally trade at a premium. |
| Competition risk (municipal equipment) | Medium | New entrants or existing competitors in street sweeping and hydro-excavation can pressure margins. |
| Business quality | Strong | The company has a strong reputation for high-quality, durable equipment essential for infrastructure. |
| Dividend income | Low | Dividend payouts are secure but are not the primary reason to hold the stock. |
| Execution risk | Medium | Successfully integrating acquisitions and managing supply chains for complex vehicles is critical. |
Price Behavior

Rolling Over
The price momentum is slowing down and beginning to turn downward.

Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -24.49% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.92B USD | Price to earnings Ratio 23.49 | 1Y Target Price 141.29 |
Price to earnings Ratio 23.49 | 1Y Target Price 141.29 | ||
Volume (30-day avg) 508.4K shares | Beta 1.22 | 52 Weeks Range 101.07 - 134.35 | Updated Date 11/08/2026 |
52 Weeks Range 101.07 - 134.35 | Updated Date 11/08/2026 | ||
Dividends yield (FY) 0.53% | Basic EPS (TTM) 4.83 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Environmental Solutions | Street sweepers, hydro-excavation trucks, and sewer cleaners. | This is the primary revenue driver, selling heavy-duty machinery to city governments and private contractors. |
| Safety and Security Systems | Warning sirens, light bars, and public safety communication tech. | This segment provides highly specialized gear for emergency vehicles, often carrying strong brand loyalty. |
| Aftermarket and Service | Parts, repairs, and maintenance services for existing fleets. | This is a high-margin, recurring revenue stream that provides stability even when new equipment sales soften. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-10-29 | When Before Market | Estimate 1.32 | Actual 1.34 |
Profitability
Profit Margin 11.65% | Operating Margin (TTM) 17.07% |
Management Effectiveness
Return on Assets (TTM) 12.13% | Return on Equity (TTM) 20.47% |
Valuation
Trailing PE 23.49 | Forward PE 19.61 | Enterprise Value 7.30B | Price to Sales(TTM) 2.72 |
Enterprise Value 7.30B | Price to Sales(TTM) 2.72 | ||
Enterprise Value to Revenue 2.86 | Enterprise Value to EBITDA 14.44 | Shares Outstanding 61.02M | Shares Floating 59.49M |
Shares Outstanding 61.02M | Shares Floating 59.49M | ||
Percent Insiders 2.57 | Percent Institutions 104.72 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.

