S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
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The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
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The "Plug and Play" Model Putting Online Giants to Shame (Ad)
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The "Plug and Play" Model Putting Online Giants to Shame (Ad)
US consumer confidence tumbles in September as American anxiety about the future grows
3 Household Names With RSIs That Scream Oversold
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
US consumer confidence tumbles in September as American anxiety about the future grows
3 Household Names With RSIs That Scream Oversold
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
US consumer confidence tumbles in September as American anxiety about the future grows
3 Household Names With RSIs That Scream Oversold
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
US consumer confidence tumbles in September as American anxiety about the future grows
3 Household Names With RSIs That Scream Oversold
NYSE:ABM

ABM Industries (ABM) Stock Forecast, Price & News

$38.96
-0.48 (-1.22%)
(As of 09/26/2023 ET)
Compare
Today's Range
$38.95
$39.58
50-Day Range
$38.70
$46.44
52-Week Range
$37.61
$49.58
Volume
494,868 shs
Average Volume
617,687 shs
Market Capitalization
$2.55 billion
P/E Ratio
10.94
Dividend Yield
2.26%
Price Target
$43.25

ABM Industries MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
11.0% Upside
$43.25 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.26
Upright™ Environmental Score
News Sentiment
1.09mentions of ABM Industries in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.88%
From $3.39 to $3.42 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.07 out of 5 stars

Construction Sector

5th out of 102 stocks

Services To Dwellings & Other Buildings Industry

1st out of 5 stocks


ABM stock logo

About ABM Industries (NYSE:ABM) Stock

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. The company operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments. The company offers janitorial, facilities engineering, and parking services for commercial real estate properties, including corporate offices for high tech clients, sports and entertainment venues, and traditional hospitals and non-acute healthcare facilities; provides vehicle maintenance and other services to rental car providers. It also offers integrated facility services, engineering, and other specialized services in different types of manufacturing, distribution, and data center facilities. In addition, the company delivers custodial and landscaping and grounds for public school districts, private schools, colleges, and universities. Further, it supports airlines and airports with services comprising passenger assistance, catering logistics, air cabin maintenance, and transportation services. Additionally, the company provides electric vehicle power design, installation, and maintenance, as well as microgrid systems installations. ABM Industries Incorporated was founded in 1909 and is based in New York, New York.

ABM Price History

ABM Stock News Headlines

ABM Industries (NYSE:ABM) Sees Large Volume Increase
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Expert Ratings for ABM Indus
Why ABM Industries Wasn't a Winning Stock This Week
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Q3 2023 ABM Industries Inc Earnings Call
Why ABM Industries Stock Is Falling Today
ABM Shares Fall 14% as Return to Office Remains Slow
ABM Industries (ABM) Q3 Earnings Lag Estimates
ABM Reports Third Quarter Fiscal 2023 Results
ABM to Announce Third Quarter 2023 Financial Results
ABM to Manage Parking Operations at Oracle Park
See More Headlines
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ABM Company Calendar

Ex-Dividend for 8/7 Dividend
7/05/2023
Dividend Payable
8/07/2023
Last Earnings
9/07/2023
Today
9/27/2023
Ex-Dividend for 11/6 Dividend
10/04/2023
Fiscal Year End
10/31/2023
Dividend Payable
11/06/2023
Next Earnings (Estimated)
12/12/2023

Industry, Sector and Symbol

Industry
Services to dwellings & other buildings
Sub-Industry
Environmental & Facilities Services
CUSIP
00095710
Employees
127,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$43.25
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+11.0%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$230.40 million
Pretax Margin
3.84%

Debt

Sales & Book Value

Annual Sales
$7.81 billion
Cash Flow
$5.29 per share
Book Value
$25.96 per share

Miscellaneous

Free Float
64,975,000
Market Cap
$2.55 billion
Optionable
Optionable
Beta
1.07
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Key Executives

  • Mr. Scott B. Salmirs (Age 61)
    Pres, CEO & Director
    Comp: $2.84M
  • Mr. Earl Ray Ellis (Age 57)
    Exec. VP & CFO
    Comp: $1.59M
  • Mr. Rene JacobsenMr. Rene Jacobsen (Age 62)
    Exec. VP & COO
    Comp: $1.79M
  • Ms. Andrea R. Newborn Esq. (Age 60)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.03M
  • Mr. Joshua H. Feinberg (Age 48)
    Exec. VP and Chief Strategy & Transformation Officer
    Comp: $1.44M
  • Mr. Dean A. Chin (Age 55)
    Sr. VP, Chief Accounting Officer, Corp. Controller & Treasurer
  • Ms. Melanie Kirkwood Ruiz
    Chief Information Officer
  • Mr. Paul E. Goldberg (Age 59)
    Sr. VP of Investor Relations
  • Ms. Nadeen A. Ayala
    Chief Culture & Communication Officer
  • Ms. Cary Bainbridge
    Chief Marketing Officer













ABM Stock - Frequently Asked Questions

Should I buy or sell ABM Industries stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ABM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABM, but not buy additional shares or sell existing shares.
View ABM analyst ratings
or view top-rated stocks.

What is ABM Industries' stock price forecast for 2023?

5 analysts have issued 12 month price objectives for ABM Industries' stock. Their ABM share price forecasts range from $40.00 to $48.00. On average, they expect the company's share price to reach $43.25 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts price targets for ABM
or view top-rated stocks among Wall Street analysts.

How have ABM shares performed in 2023?

ABM Industries' stock was trading at $44.42 at the beginning of 2023. Since then, ABM stock has decreased by 12.3% and is now trading at $38.96.
View the best growth stocks for 2023 here
.

Are investors shorting ABM Industries?

ABM Industries saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 784,200 shares, a drop of 7.1% from the August 15th total of 843,700 shares. Based on an average daily volume of 540,900 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.2% of the shares of the stock are sold short.
View ABM Industries' Short Interest
.

When is ABM Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 12th 2023.
View our ABM earnings forecast
.

How were ABM Industries' earnings last quarter?

ABM Industries Incorporated (NYSE:ABM) posted its quarterly earnings results on Thursday, September, 7th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.09. The business services provider earned $2.03 billion during the quarter, compared to analyst estimates of $2.01 billion. ABM Industries had a trailing twelve-month return on equity of 12.69% and a net margin of 2.96%. The business's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.94 earnings per share.

How often does ABM Industries pay dividends? What is the dividend yield for ABM Industries?

ABM Industries declared a quarterly dividend on Thursday, September 7th. Stockholders of record on Thursday, October 5th will be given a dividend of $0.22 per share on Monday, November 6th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Wednesday, October 4th.
Read our dividend analysis for ABM
.

Is ABM Industries a good dividend stock?

ABM Industries (NYSE:ABM) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.23%. The company has been increasing its dividend for 55 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABM will have a dividend payout ratio of 25.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABM.

What guidance has ABM Industries issued on next quarter's earnings?

ABM Industries updated its FY23 earnings guidance on Thursday, September, 7th. The company provided earnings per share guidance of $3.40-3.50 for the period, compared to the consensus estimate of $3.52.

What is Scott Salmirs' approval rating as ABM Industries' CEO?

335 employees have rated ABM Industries Chief Executive Officer Scott Salmirs on Glassdoor.com. Scott Salmirs has an approval rating of 58% among the company's employees. This puts Scott Salmirs in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of ABM Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ABM Industries investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Chevron (CVX), American Tower (AMT), AT&T (T), Albemarle (ALB), PepsiCo (PEP), Walgreens Boots Alliance (WBA), Exxon Mobil (XOM) and Bank of America (BAC).

What is ABM Industries' stock symbol?

ABM Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABM."

Who are ABM Industries' major shareholders?

ABM Industries' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.95%), State Street Corp (10.28%), Dimensional Fund Advisors LP (6.94%), Victory Capital Management Inc. (2.16%), Copeland Capital Management LLC (2.07%) and Principal Financial Group Inc. (1.97%). Insiders that own company stock include Andrea R Newborn, Art A Garcia, Dean A Chin, Joshua H Feinberg, Linda Chavez, Raul Javier Valentin, Rene Jacobsen, Scott B Salmirs and Scott J Giacobbe.
View institutional ownership trends
.

How do I buy shares of ABM Industries?

Shares of ABM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ABM Industries' stock price today?

One share of ABM stock can currently be purchased for approximately $38.96.

How much money does ABM Industries make?

ABM Industries (NYSE:ABM) has a market capitalization of $2.55 billion and generates $7.81 billion in revenue each year. The business services provider earns $230.40 million in net income (profit) each year or $3.56 on an earnings per share basis.

How many employees does ABM Industries have?

The company employs 127,000 workers across the globe.

How can I contact ABM Industries?

ABM Industries' mailing address is One Liberty Plaza 7th Floor, New York NY, 10006. The official website for the company is www.abm.com. The business services provider can be reached via phone at (212) 297-0200, via email at susie.kim@abm.com, or via fax at 212-297-0375.

This page (NYSE:ABM) was last updated on 9/27/2023 by MarketBeat.com Staff

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