NYSE:ABM ABM Industries Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding ABM Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $38.57 +0.14 (+0.36 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$38.09Now: $38.57▼$39.3550-Day Range$35.20MA: $37.58▼$39.2552-Week Range$19.79Now: $38.57▼$40.78Volume1.07 million shsAverage Volume469,904 shsMarket Capitalization$2.57 billionP/E RatioN/ADividend Yield1.93%Beta1.28 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. It operates through Business & Industry, Aviation, Technology & Manufacturing, Education, Technical Solutions, and Healthcare segments. The company offers janitorial, electrical and lighting, energy, facilities engineering, HVAC and mechanical, landscape and turf, mission critical, and parking solutions. It also provides custom facility solutions in urban, suburban, and rural areas to properties of various sizes, including schools and commercial buildings, hospitals, data centers, manufacturing plants, and airports. The company was founded in 1909 and is headquartered in New York, New York.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingABM Industries has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.00, ABM Industries has a forecasted upside of 3.7% from its current price of $38.57.Amount of Analyst CoverageABM Industries has only been the subject of 2 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesABM Industries has received 306 “outperform” votes. (Add your “outperform” vote.)Underperform VotesABM Industries has received 352 “underperform” votes. (Add your “underperform” vote.)Community SentimentABM Industries has received 53.50% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about ABM Industries and other stocks. Vote “Outperform” if you believe ABM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ABM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldABM Industries pays a meaningful dividend of 1.93%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthABM Industries has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of ABM Industries is 36.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ABM Industries will have a dividend payout ratio of 32.60% next year. This indicates that ABM Industries will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ABM Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $236,231.00 in company stock.Percentage Held by InsidersOnly 0.34% of the stock of ABM Industries is held by insiders.Percentage Held by Institutions93.42% of the stock of ABM Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for ABM Industries are expected to decrease by -8.10% in the coming year, from $2.47 to $2.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ABM Industries is -428.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of ABM Industries is -428.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioABM Industries has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.43 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Services to dwellings & other buildings Sub-IndustryEnvironmental & Facilities Services SectorConstruction Current SymbolNYSE:ABM Previous Symbol CUSIP00095710 CIK771497 Webwww.abm.com Phone212-297-0200Debt Debt-to-Equity Ratio0.46 Current Ratio1.50 Quick Ratio1.50Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio15.62 P/E GrowthN/A Sales & Book Value Annual Sales$6.50 billion Price / Sales0.40 Cash Flow$3.87 per share Price / Cash Flow9.97 Book Value$21.76 per share Price / Book1.77Profitability EPS (Most Recent Fiscal Year)$2.05 Net Income$127.40 million Net Margins-0.08% Return on Equity10.85% Return on Assets4.22%Miscellaneous Employees140,000 Outstanding Shares66,687,000Market Cap$2.57 billion Next Earnings Date12/16/2020 (Estimated) OptionableOptionable $38.57 +0.14 (+0.36 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ABM News and Ratings via Email Sign-up to receive the latest news and ratings for ABM and its competitors with MarketBeat's FREE daily newsletter. ABM Industries (NYSE:ABM) Frequently Asked Questions How has ABM Industries' stock been impacted by COVID-19? ABM Industries' stock was trading at $29.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ABM shares have increased by 31.1% and is now trading at $38.57. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of ABM Industries? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ABM Industries. When is ABM Industries' next earnings date? ABM Industries is scheduled to release its next quarterly earnings announcement on Wednesday, December 16th 2020. View our earnings forecast for ABM Industries. How were ABM Industries' earnings last quarter? ABM Industries, Inc. (NYSE:ABM) posted its quarterly earnings data on Tuesday, September, 8th. The business services provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.42 by $0.33. The business services provider had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.47 billion. ABM Industries had a negative net margin of 0.08% and a positive return on equity of 10.85%. The firm's revenue for the quarter was down 15.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 EPS. View ABM Industries' earnings history. How often does ABM Industries pay dividends? What is the dividend yield for ABM Industries? ABM Industries declared a quarterly dividend on Tuesday, September 8th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.185 per share on Monday, November 2nd. This represents a $0.74 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Wednesday, September 30th. View ABM Industries' dividend history. What price target have analysts set for ABM? 6 brokerages have issued twelve-month price objectives for ABM Industries' shares. Their forecasts range from $27.00 to $45.00. On average, they anticipate ABM Industries' share price to reach $40.00 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View analysts' price targets for ABM Industries. Are investors shorting ABM Industries? ABM Industries saw a decrease in short interest in August. As of August 14th, there was short interest totaling 1,420,000 shares, a decrease of 12.9% from the July 30th total of 1,630,000 shares. Based on an average daily volume of 489,800 shares, the days-to-cover ratio is currently 2.9 days. Currently, 2.2% of the shares of the stock are short sold. View ABM Industries' Short Interest. Who are some of ABM Industries' key competitors? 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), US Ecology (ECOL), Covanta (CVA), SP Plus (SP), Heritage-Crystal Clean (HCCI), CECO Environmental (CECE), Team (TISI), Acorn Energy (ACFN) and Metalico (MEA). View all competitors. 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 AbbVie (ABBV), Johnson & Johnson (JNJ), Chevron (CVX), Costco Wholesale (COST), Alaska Air Group (ALK), Mcdonald's (MCD), Medtronic (MDT), 3M (MMM), NVIDIA (NVDA) and Pfizer (PFE). Who are ABM Industries' key executives? ABM Industries' management team includes the following people: Mr. Scott B. Salmirs, Pres, CEO & Director (Age 57)Mr. Diego Anthony Scaglione, Chief Financial Officer (Age 47)Mr. Scott J. Giacobbe, Chief Operating Officer (Age 57)Ms. Andrea R. Newborn Esq., Exec. VP, Gen. Counsel & Sec. (Age 56)Mr. Rene Jacobsen, Exec. VP and Pres of Bus. & Industry (Age 58) 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 Vanguard Group Inc. (11.44%), ArrowMark Colorado Holdings LLC (8.32%), FMR LLC (4.13%), Macquarie Group Ltd. (2.82%), Victory Capital Management Inc. (2.36%) and Silvercrest Asset Management Group LLC (1.84%). 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. Which major investors are selling ABM Industries stock? ABM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Bank of America Corp DE, ProShare Advisors LLC, ArrowMark Colorado Holdings LLC, BRYN MAWR TRUST Co, Engineers Gate Manager LP, and SG Americas Securities 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, and Scott J Giacobbe. View insider buying and selling activity for ABM Industries. Which major investors are buying ABM Industries stock? ABM stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Phocas Financial Corp., Victory Capital Management Inc., Macquarie Group Ltd., Goldman Sachs Group Inc., Driehaus Capital Management LLC, Nuveen Asset Management LLC, and Tocqueville Asset Management L.P.. View insider buying and selling activity for ABM Industries. How do I buy shares of 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. What is ABM Industries' stock price today? One share of ABM stock can currently be purchased for approximately $38.57. How big of a company is ABM Industries? ABM Industries has a market capitalization of $2.57 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. What is ABM Industries' official website? The official website for ABM Industries is www.abm.com. How can I contact ABM Industries? 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] This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
