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ABM Industries (ABM)
NYSE:ABM
Holding ABM?
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ABM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$39.64 - $59.78
Previous Close$56.79
Volume243.65K
Average Volume (3M)507.70K
Market Cap
$3.57B
Enterprise Value$4.94B
Total Cash (Recent Filing)$86.30M
Total Debt (Recent Filing)$1.46B
Price to Earnings (P/E)23.4
Beta0.95
Next Earnings
Dec 18, 2024EPS Estimate
$0.87Last Dividend Ex-Date
Oct 03, 2024Dividend Yield1.6%
Share Statistics
EPS (TTM)2.42
Shares Outstanding62,791,259
10 Day Avg. Volume294,915
30 Day Avg. Volume507,700
Standard Deviation0.10
R-Squared0.34
Alpha-0.00080
Financial Highlights & Ratios
Price to Book (P/B)1.90
Price to Sales (P/S)0.42
Price to Cash Flow (P/CF)10.90
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.60
Enterprise Value/Gross Profit4.66
Enterprise Value/Ebitda12.58
Forecast
1Y Price Target
$55.50Price Target Upside-2.27% Downside
Rating ConsensusHold
Number of Analyst Covering4
ABM Industries News
Bulls Say, Bears Say
Bulls Say
Business GrowthRevenue in all five of ABM's business segments exceeded forecasts, with especially notable growth in the Aviation segment, indicating robust business expansion.
DividendsABM has a remarkable track record of increasing its dividend for over 50 consecutive years, showcasing its commitment to returning value to shareholders.
EarningsABM reported results with revenue and earnings per share surpassing expectations, highlighting strong financial performance.
Bears Say
EarningsF4Q earnings per share guidance is down by double digits and falls below expectations.
Financial PerformanceExpected decline in F4Q24 earnings per share is attributed to lower margins in the Manufacturing & Distribution and Technical Solutions business segments.
RevenueLower revenue is recorded in ABM's largest business segment, indicating potential financial challenges.
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Ownership Overview
1.44% Insiders
34.04% Mutual Funds
17.52% Other Institutional Investors
15.39% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ABM FAQ
What was ABM Industries’s price range in the past 12 months?
ABM Industries lowest stock price was $39.64 and its highest was $59.78 in the past 12 months.
What is ABM Industries’s market cap?
Currently, no data Available
When is ABM Industries’s upcoming earnings report date?
ABM Industries’s upcoming earnings report date is Dec 18, 2024 which is in 24 days.
How were ABM Industries’s earnings last quarter?
ABM Industries released its earnings results on Sep 06, 2024. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.861 by $0.079.
Is ABM Industries overvalued?
According to Wall Street analysts ABM Industries’s price is currently Overvalued.
Does ABM Industries pay dividends?
ABM Industries pays a Quarterly dividend of $0.22 which represents an annual dividend yield of 1.6%. See more information on ABM Industries dividends here
What is ABM Industries’s EPS estimate?
ABM Industries’s EPS estimate is $0.87.
How many shares outstanding does ABM Industries have?
ABM Industries has 62,791,260 shares outstanding.
What happened to ABM Industries’s price movement after its last earnings report?
ABM Industries reported an EPS of $0.94 in its last earnings report, beating expectations of $0.861. Following the earnings report the stock price went down -8.575%.
Which hedge fund is a major shareholder of ABM Industries?
Currently, no hedge funds are holding shares in ABM
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ABM Industries Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$55.50 (-2.27% Downside)
$55.50 (-2.27% Downside)
Blogger Sentiment
Bullish
ABM Sentiment 100%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.58%
12-Months-Change
Fundamentals
Return on Equity
8.44%
Trailing 12-Months
Asset Growth
1.42%
Trailing 12-Months
Company Description
ABM Industries
ABM Industries, Inc. engages in the provision of facility services for commercial, industrial, and institutional buildings. It operates through the following segments: Business & Industry, Aviation, Technology & Manufacturing, Education, and Technical Solutions. The Business & Industry segment encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues. It also provides vehicle maintenance services to rental car providers. The Aviation segment supports airlines and airports with parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. The Technology & Manufacturing segment provides janitorial, facilities engineering, and parking services. The Education segment delivers janitorial, custodial, landscaping & grounds, facilities engineering and parking services for public school districts, private schools, colleges and universities. The Technical Solutions segment engages in mechanical and electrical services. The company was founded by Morris Rosenberg in 1909 and is headquartered in New York, NY.
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ABM Company Deck
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ABM Earnings Call
Q3 2024
0:00 / 0:00
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ABM Stock 12 Month Forecast
Average Price Target
$55.50
▼(-2.27% Downside)
Technical Analysis
Best Analysts Covering ABM
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+15.47%
reiterated a buy rating 12 months ago
Copying David C Silver's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +15.47% per trade.
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