ABM Industries Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ABM Industries stock.
View analyst ratings for ABM Industries or view top-rated stocks.

Wall Street analysts have given ABM Industries a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ABM Industries wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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ABM Industries is scheduled to release its next quarterly earnings announcement on Wednesday, December 15th 2021.
View our earnings forecast for ABM Industries.

ABM Industries Incorporated (NYSE:ABM) posted its quarterly earnings data on Tuesday, September, 7th. The business services provider reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.09. The business services provider had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.50 billion. ABM Industries had a trailing twelve-month return on equity of 14.84% and a net margin of 2.41%. The company's quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.75 EPS.
View ABM Industries' earnings history.

ABM Industries' stock was trading at $29.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ABM stock has increased by 51.4% and is now trading at $44.54.
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ABM Industries declared a quarterly dividend on Wednesday, September 8th. Shareholders of record on Thursday, October 7th will be given a dividend of $0.19 per share on Monday, November 1st. This represents a $0.76 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date is Wednesday, October 6th.
View ABM Industries' dividend history.

ABM Industries pays an annual dividend of $0.76 per share and currently has a dividend yield of 1.69%. ABM Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of ABM Industries is 31.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABM Industries will have a dividend payout ratio of 22.69% next year. This indicates that ABM Industries will be able to sustain or increase its dividend.
View ABM Industries' dividend history.

ABM Industries issued an update on its FY 2021 earnings guidance on Thursday, September, 16th. The company provided earnings per share (EPS) guidance of $3.450-$3.550 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.400. The company issued revenue guidance of -.

4 brokerages have issued 1-year target prices for ABM Industries' stock. Their forecasts range from $48.00 to $60.00. On average, they anticipate ABM Industries' share price to reach $54.00 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price.
View analysts' price targets for ABM Industries or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to ABM Industries include Waste Management (WM), Republic Services (RSG), Rollins (ROL), Tetra Tech (TTEK), Stericycle (SRCL), Clean Harbors (CLH), Casella Waste Systems (CWST), Covanta (CVA), US Ecology (ECOL), SP Plus (SP), Heritage-Crystal Clean (HCCI), CECO Environmental (CECE), Team (TISI), Acorn Energy (ACFN) and Metalico (MEA).
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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).

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

ABM Industries' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (17.28%), Vanguard Group Inc. (12.67%), State Street Corp (7.25%), Dimensional Fund Advisors LP (6.08%), ArrowMark Colorado Holdings LLC (5.49%) and Boston Partners (2.40%). Company insiders that own ABM Industries stock include Andrea R Newborn, Art A Garcia, Dean A Chin, Diego Anthony Scaglione, Linda Chavez, Rene Jacobsen, Scott B Salmirs and Scott J Giacobbe.
View institutional ownership trends for ABM Industries.

ABM stock was sold by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Goldman Sachs Group Inc., State Street Corp, FMR LLC, Bank of America Corp DE, Northern Trust Corp, Victory Capital Management Inc., and Dimensional Fund Advisors LP. Company insiders that have sold ABM Industries company stock in the last year include Andrea R Newborn, Linda Chavez, Rene Jacobsen, Scott B Salmirs, and Scott J Giacobbe.
View insider buying and selling activity for ABM Industries or view top insider-selling stocks.

ABM stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Millennium Management LLC, Price T Rowe Associates Inc. MD, Liberty Wealth Management LLC, BlackRock Inc., Prudential Financial Inc., Principal Financial Group Inc., and JPMorgan Chase & Co..
View insider buying and selling activity for ABM Industries or or view top insider-buying stocks.

Shares of ABM 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.
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One share of ABM stock can currently be purchased for approximately $44.54.

ABM Industries has a market capitalization of $2.99 billion and generates $5.99 billion in revenue each year. The business services provider earns $300,000.00 in net income (profit) each year or $2.43 on an earnings per share basis.

ABM Industries employs 114,000 workers across the globe.

The official website for ABM Industries is www.abm.com.

ABM Industries is headquartered at One Liberty Plaza 7th Floor, New York NY, 10006.

ABM Industries' mailing address is One Liberty Plaza 7th Floor, New York NY, 10006. The business services provider can be reached via phone at (212) 297-0200 or via email at [email protected].