Growth And Strong Margins Push Up Federal Signal's Earnings And Price

bjdlzx/iStock via Getty Images Thesis Key ratios indicate Federal Signal Corporation is currently overvalued, but I have rated it a Buy nonetheless. It has grown rapidly since getting past the COVID-19 and supply chain issues of a few years ago, and should deliver more growth and capital gains in the long run. I have a one-year target price of $93.50, an increase of roughly 16% above the current price. About Federal Signal The company describes itself, in the 10-K for 2023, this way “The Company designs ...