Stocks Under $10: Federal Signal

Richard Suttmeier |

Federal Signal (FSS) – ($8.76) has been upgraded to a Buy rating according to ValuEngine with fair value at $8.29, which makes the stock 5.6% overvalued. The stock has a one-year price target at $9.34. ValuEngine Profile – "Signal Corporation is a manufacturer and worldwide supplier of safety, signaling and communications equipment, hazardous area lighting, fire rescue products, street sweeping and vacuum loader vehicles, parking control equipment, custom on-premise signage, carbide cutting tools, precision punches and related die components."

Analysis – The daily chart for FSS shows rising momentum with the stock above its 21-day, 50-day and 200-day simple moving averages at $8.76, $8.41 and $7.38. My quarterly value level is $6.10 with a monthly pivot at $8.91 and weekly risky level at $9.67. 


Courtesy of Thomson / Reuters

 

Ticker

Company Name

Mkt Price

Fair Value

One-Year Price Target



Last 12-Mon Retn (%)

5-Yr Avg Retn (%)

P/E Ratio

FSS

FEDERAL SIGNAL

8.76

8.29

9.34

61.33

-8.60

13.76


 

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
FSS Federal Signal Corp. 15.75 -0.15 -0.94 258,185
CRDC Cardica Inc n/a n/a n/a n/a

Comments

Emerging Growth

MGX Minerals Inc.

MGX Minerals is a diversified Canadian mining company listed on the Canadian Securities Exchange. MGX is engaged in the acquisition and development of industrial mineral deposits in western Canada that…

Private Markets

WayBetter

The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…

D-Wave

D-Wave Systems is the first quantum computing company. Its mission is to integrate new discoveries in physics, engineering, manufacturing, and computer science into breakthrough approaches to computation to help solve…