ABM Industries (NYSE:ABM) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

Key Points

• ABM crossed below its 50-day moving average, trading as low as $40.02 and last at $40.4980 versus a 50-day MA of $40.80, on volume of 360,518 shares.
• Several analysts cut price targets (many to $45) and issued Neutral/Hold ratings while Maxim upgraded to Buy; the MarketBeat consensus is a “Hold” with a target of $46.25.
• ABM reported Q results with EPS of $0.83 (missing estimates of $0.87) but revenue beat at $2.24B; it set FY2026 guidance of $3.85–4.15 EPS and declared a $0.29 quarterly dividend (annual $1.16, 2.9% yield, ex-dividend Apr 2).

ABM Industries Incorporated (NYSE:ABM - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $40.80 and traded as low as $40.02. ABM Industries shares last traded at $40.4980, with a volume of 360,518 shares.

Analyst Ratings Changes

ABM has been the topic of a number of analyst reports. Robert W. Baird lowered their price objective on ABM Industries from $52.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, March 11th. Truist Financial reduced their price target on ABM Industries from $47.00 to $45.00 and set a "hold" rating for the company in a report on Wednesday, March 11th. Maxim Group upgraded ABM Industries from a "hold" rating to a "buy" rating and set a $50.00 price target on the stock in a research note on Wednesday, March 11th. UBS Group dropped their price objective on ABM Industries from $51.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, March 11th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of ABM Industries in a research report on Monday. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, ABM Industries has a consensus rating of "Hold" and a consensus target price of $46.25.

ABM Industries Stock Up 0.5%

The firm has a 50 day moving average of $40.80 and a two-hundred day moving average of $43.04. The stock has a market capitalization of $2.37 billion, a PE ratio of 15.94 and a beta of 0.74. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.93.

ABM Industries (NYSE:ABM - Get Free Report) last posted its earnings results on Tuesday, March 10th. The business services provider reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.04). ABM Industries had a return on equity of 11.77% and a net margin of 1.78%.The firm had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.19 billion. During the same quarter in the previous year, the firm posted $0.87 earnings per share. The firm's revenue for the quarter was up 6.1% compared to the same quarter last year. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. Equities research analysts anticipate that ABM Industries Incorporated will post 3.94 earnings per share for the current year.

ABM Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, April 2nd. ABM Industries's dividend payout ratio (DPR) is 45.67%.

Institutional Investors Weigh In On ABM Industries

Large investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd increased its position in ABM Industries by 590.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider's stock worth $28,000 after buying an additional 520 shares in the last quarter. First Horizon Corp lifted its position in shares of ABM Industries by 141.4% in the fourth quarter. First Horizon Corp now owns 886 shares of the business services provider's stock valued at $37,000 after acquiring an additional 519 shares in the last quarter. Quarry LP boosted its stake in shares of ABM Industries by 667.0% during the third quarter. Quarry LP now owns 882 shares of the business services provider's stock valued at $41,000 after acquiring an additional 767 shares during the last quarter. Covestor Ltd boosted its stake in shares of ABM Industries by 89.1% during the fourth quarter. Covestor Ltd now owns 1,055 shares of the business services provider's stock valued at $45,000 after acquiring an additional 497 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in ABM Industries during the 4th quarter worth about $46,000. Institutional investors and hedge funds own 91.62% of the company's stock.

ABM Industries Company Profile

ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company's core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting.

Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses.

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