NYSE:ABMABM Industries Stock Price, Forecast & News

ABM Industries' stock was trading at $29.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ABM shares have increased by 13.9% and is now trading at $33.50. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ABM Industries.

ABM Industries is scheduled to release its next quarterly earnings announcement on Wednesday, June 3rd 2020. View our earnings forecast for ABM Industries.

ABM Industries, Inc. (NYSE:ABM) posted its quarterly earnings data on Wednesday, March, 4th. The business services provider reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.10. The business services provider earned $1.61 billion during the quarter, compared to analyst estimates of $1.60 billion. ABM Industries had a net margin of 2.19% and a return on equity of 9.37%. ABM Industries's revenue for the quarter was up .3% compared to the same quarter last year. During the same period last year, the business posted $0.31 EPS. View ABM Industries' earnings history.

ABM Industries announced a quarterly dividend on Wednesday, March 4th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.185 per share on Monday, May 4th. This represents a $0.74 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Wednesday, April 1st. View ABM Industries' dividend history.

ABM Industries updated its FY20 earnings guidance on Wednesday, March, 4th. The company provided EPS guidance of $1.90-$2.10 for the period, compared to the Thomson Reuters consensus estimate of $1.96.

5 analysts have issued 12-month target prices for ABM Industries' shares. Their forecasts range from $23.00 to $38.00. On average, they expect ABM Industries' share price to reach $29.75 in the next year. This suggests that the stock has a possible downside of 11.2%. View analysts' price targets for ABM Industries.

Media headlines about ABM stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. ABM Industries earned a news impact score of 1.6 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutABM Industries.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other ABM Industries investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Mcdonald's (MCD), Exxon Mobil (XOM), Nucor (NUE), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Chevron (CVX) and 3M (MMM).

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

ABM Industries' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.17%), ArrowMark Colorado Holdings LLC (8.46%), State Street Corp (8.37%), Victory Capital Management Inc. (2.16%), Victory Capital Management Inc. (2.16%) and Silvercrest Asset Management Group LLC (1.79%). Company insiders that own ABM Industries stock include 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 Franklin Resources Inc., State Street Corp, BlackRock Inc., Morgan Stanley, Morgan Stanley, Parametric Portfolio Associates LLC, UBS Group AG, and Vident Investment Advisory LLC. Company insiders that have sold ABM Industries company stock in the last year include Dean A Chin, Diego Anthony Scaglione, Linda Chavez, Rene Jacobsen, Scott B Salmirs, and Scott J Giacobbe. View insider buying and selling activity for ABM Industries.

ABM stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Silvercrest Asset Management Group LLC, HighTower Advisors LLC, ArrowMark Colorado Holdings LLC, Engineers Gate Manager LP, Nuveen Asset Management LLC, and Geode Capital Management LLC. View insider buying and selling activity for ABM Industries.

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

One share of ABM stock can currently be purchased for approximately $33.50.

ABM Industries has a market capitalization of $2.23 billion and generates $6.50 billion in revenue each year. The business services provider earns $127.40 million in net income (profit) each year or $2.05 on an earnings per share basis. ABM Industries employs 140,000 workers across the globe.

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

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]