ABM Industries FY2025 EPS Forecast Cut by Zacks Research

Key Points

• Zacks Research has reduced ABM Industries' FY2025 earnings per share (EPS) forecast from $3.72 to $3.65, while the consensus estimate remains at $3.71.
• ABM Industries' quarterly earnings report showed earnings of $0.82 per share, falling short of analysts' expectations of $0.95, despite a revenue increase to $2.22 billion.
• The company recently announced a $150 million share buyback plan and declared a quarterly dividend of $0.265 per share, indicating a dividend yield of 2.3%.

ABM Industries Incorporated (NYSE:ABM - Free Report) - Stock analysts at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for shares of ABM Industries in a report released on Wednesday, September 24th. Zacks Research analyst Team now anticipates that the business services provider will post earnings of $3.65 per share for the year, down from their previous estimate of $3.72. The consensus estimate for ABM Industries' current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries' Q4 2025 earnings at $1.10 EPS, Q1 2026 earnings at $0.86 EPS, Q2 2026 earnings at $0.90 EPS, Q3 2026 earnings at $1.00 EPS, Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $3.94 EPS, Q1 2027 earnings at $0.90 EPS, Q2 2027 earnings at $1.00 EPS, Q3 2027 earnings at $1.21 EPS and FY2027 earnings at $4.44 EPS.

A number of other research firms also recently issued reports on ABM. UBS Group increased their price target on ABM Industries from $54.00 to $55.00 and gave the stock a "buy" rating in a research report on Monday, September 8th. Baird R W cut shares of ABM Industries from a "strong-buy" rating to a "hold" rating in a report on Monday, September 8th. Truist Financial upgraded shares of ABM Industries from a "hold" rating to a "buy" rating and lifted their price objective for the company from $55.00 to $58.00 in a research note on Wednesday, July 2nd. Robert W. Baird reissued a "neutral" rating and issued a $54.00 price target (down from $56.00) on shares of ABM Industries in a report on Monday, September 8th. Finally, Wall Street Zen lowered ABM Industries from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, ABM Industries currently has an average rating of "Moderate Buy" and a consensus price target of $55.67.

ABM Industries Trading Down 0.2%

NYSE ABM opened at $45.23 on Thursday. The stock has a market cap of $2.77 billion, a PE ratio of 24.58 and a beta of 0.80. The company's 50-day moving average price is $47.39 and its 200-day moving average price is $47.84. ABM Industries has a 12 month low of $40.85 and a 12 month high of $59.15. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.82.

ABM Industries (NYSE:ABM - Get Free Report) last posted its quarterly earnings data on Friday, September 5th. The business services provider reported $0.82 earnings per share for the quarter, missing analysts' consensus estimates of $0.95 by ($0.13). The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.16 billion. ABM Industries had a net margin of 1.34% and a return on equity of 12.12%. The company's revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.94 EPS. ABM Industries has set its FY 2025 guidance at 3.650-3.650 EPS.

ABM Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd will be given a dividend of $0.265 per share. The ex-dividend date is Thursday, October 2nd. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.3%. ABM Industries's dividend payout ratio (DPR) is currently 57.61%.

ABM Industries declared that its Board of Directors has initiated a share buyback plan on Friday, September 5th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Insider Buying and Selling

In related news, COO Rene Jacobsen sold 17,250 shares of the firm's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $48.03, for a total transaction of $828,517.50. Following the completion of the transaction, the chief operating officer directly owned 71,256 shares in the company, valued at $3,422,425.68. This trade represents a 19.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On ABM Industries

Several large investors have recently bought and sold shares of the stock. Summit Securities Group LLC acquired a new stake in shares of ABM Industries in the 1st quarter valued at $38,000. Federated Hermes Inc. raised its stake in ABM Industries by 107.7% during the 1st quarter. Federated Hermes Inc. now owns 920 shares of the business services provider's stock valued at $44,000 after acquiring an additional 477 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in ABM Industries in the 1st quarter valued at $45,000. Kiker Wealth Management LLC purchased a new position in ABM Industries during the second quarter worth about $61,000. Finally, Virtus Advisers LLC purchased a new position in ABM Industries in the first quarter worth $64,000. Hedge funds and other institutional investors own 91.62% of the company's stock.

ABM Industries Company Profile

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments.

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