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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
NYSE:ABM

ABM Industries - ABM Stock Forecast, Price & News

$47.17
+1.38 (+3.01%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$45.86
$47.17
50-Day Range
$38.37
$50.34
52-Week Range
$38.08
$54.00
Volume
197,351 shs
Average Volume
284,304 shs
Market Capitalization
$3.15 billion
P/E Ratio
22.15
Dividend Yield
1.70%
Price Target
$56.67

ABM Industries MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
20.1% Upside
$56.67 Price Target
Short Interest
Healthy
3.54% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.06
Upright™ Environmental Score
News Sentiment
0.60mentions of ABM Industries in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$247,883 Bought Last Quarter
Proj. Earnings Growth
8.22%
From $3.65 to $3.95 Per Share

Overall MarketRank

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

2.76 out of 5 stars

Construction Sector

14th out of 105 stocks

Services To Dwellings & Other Buildings Industry

2nd out of 5 stocks

ABM stock logo

About ABM Industries (NYSE:ABM) Stock

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company operates through Business & Industry, Technology & Manufacturing, Education, Aviation, and Technical Solutions segments. It provides janitorial, facilities engineering, parking, custodial, landscaping and ground, and mechanical and electrical services; and vehicle maintenance and other services to rental car providers. The company was incorporated in 1985 and is based in New York, New York.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ABM. StockNews.com cut ABM Industries from a "buy" rating to a "hold" rating in a research note on Monday, June 13th. TheStreet lowered shares of ABM Industries from a "b" rating to a "c+" rating in a report on Wednesday, July 6th. Deutsche Bank Aktiengesellschaft boosted their target price on ABM Industries from $62.00 to $65.00 in a research note on Wednesday, April 20th. Finally, Robert W. Baird upgraded shares of ABM Industries from a "neutral" rating to an "outperform" rating and set a $50.00 target price on the stock in a research report on Tuesday, June 21st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $56.67.

ABM Industries Stock Up 3.0 %

NYSE:ABM opened at $47.17 on Friday. The firm's 50 day simple moving average is $43.41 and its 200 day simple moving average is $44.89. The company has a market cap of $3.15 billion, a PE ratio of 22.15 and a beta of 1.07. ABM Industries has a one year low of $38.08 and a one year high of $54.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.18 and a quick ratio of 1.18.

ABM Industries (NYSE:ABM - Get Rating) last posted its quarterly earnings data on Wednesday, June 8th. The business services provider reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.88 billion. ABM Industries had a return on equity of 14.99% and a net margin of 2.06%. ABM Industries's quarterly revenue was up 26.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.82 earnings per share. On average, research analysts anticipate that ABM Industries will post 3.65 earnings per share for the current year.

ABM Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 1st. Investors of record on Thursday, July 7th were issued a $0.195 dividend. The ex-dividend date was Wednesday, July 6th. This represents a $0.78 annualized dividend and a yield of 1.65%. ABM Industries's payout ratio is 36.62%.

Insider Buying and Selling at ABM Industries

In other ABM Industries news, EVP Joshua H. Feinberg acquired 6,330 shares of the stock in a transaction dated Monday, June 13th. The stock was purchased at an average cost of $39.16 per share, with a total value of $247,882.80. Following the transaction, the executive vice president now owns 63,048 shares in the company, valued at approximately $2,468,959.68. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.54% of the company's stock.

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ABM Stock News Headlines

ABM Industries: The Future Looks Promising
ABM Announces Expanded Partnership at O’Hare
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ABM Company Calendar

Last Earnings
6/08/2022
Ex-Dividend for 8/1 Dividend
7/06/2022
Dividend Payable
8/01/2022
Today
8/13/2022
Next Earnings (Estimated)
9/14/2022
Fiscal Year End
10/31/2022

Industry, Sector and Symbol

Industry
Services to dwellings & other buildings
Sub-Industry
Environmental & Facilities Services
CUSIP
00095710
Employees
124,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$56.67
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+20.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$126.30 million
Pretax Margin
2.87%

Debt

Sales & Book Value

Annual Sales
$6.23 billion
Cash Flow
$5.01 per share
Book Value
$23.93 per share

Miscellaneous

Free Float
66,427,000
Market Cap
$3.15 billion
Optionable
Optionable
Beta
1.07

Key Executives

  • Mr. Scott B. Salmirs (Age 60)
    Pres, CEO & Director
    Comp: $3.1M
  • Mr. Earl Ray Ellis (Age 56)
    Exec. VP & CFO
    Comp: $1.75M
  • Mr. Rene Jacobsen (Age 61)
    Exec. VP & COO
    Comp: $1.93M
  • Mr. Dean A. Chin (Age 54)
    Sr. VP, Chief Accounting Officer, Corp. Controller & Treasurer
    Comp: $1.03M
  • Ms. Andrea R. Newborn Esq. (Age 59)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.27M
  • Mr. Joshua H. Feinberg (Age 48)
    Exec. VP and Chief Strategy & Transformation Officer
    Comp: $1.72M
  • Ms. Melanie Kirkwood Ruiz
    Chief Information Officer
  • Ms. Susie A. Choi
    VP of Investor Relations
  • Mr. Paul E. Goldberg (Age 58)
    Sr. VP of Investor Relations
  • Ms. Nadeen A. Ayala
    Chief Culture & Communication Officer













ABM Stock - Frequently Asked Questions

Should I buy or sell ABM Industries stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABM shares.
View ABM analyst ratings
or view top-rated stocks.

What is ABM Industries' stock price forecast for 2022?

4 Wall Street analysts have issued 1-year target prices for ABM Industries' shares. Their ABM share price forecasts range from $50.00 to $65.00. On average, they anticipate the company's share price to reach $56.67 in the next year. This suggests a possible upside of 20.1% 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 2022?

ABM Industries' stock was trading at $40.85 at the beginning of 2022. Since then, ABM stock has increased by 15.5% and is now trading at $47.17.
View the best growth stocks for 2022 here
.

When is ABM Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 14th 2022.
View our ABM earnings forecast
.

How were ABM Industries' earnings last quarter?

ABM Industries Incorporated (NYSE:ABM) issued its quarterly earnings data on Wednesday, June, 8th. The business services provider reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.05. The business services provider had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.88 billion. ABM Industries had a net margin of 2.06% and a trailing twelve-month return on equity of 14.99%. The firm's revenue for the quarter was up 26.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.82 EPS.

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

ABM Industries announced a quarterly dividend on Thursday, June 9th. Stockholders of record on Thursday, July 7th will be paid a dividend of $0.195 per share on Monday, August 1st. This represents a $0.78 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Wednesday, July 6th.
Read our dividend analysis for ABM
.

Is ABM Industries a good dividend stock?

ABM Industries (NYSE:ABM) pays an annual dividend of $0.78 per share and currently has a dividend yield of 1.70%. 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 36.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABM will have a dividend payout ratio of 19.75% 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 issued an update on its FY 2022 earnings guidance on Wednesday, July, 6th. The company provided earnings per share (EPS) guidance of $3.50-$3.70 for the period, compared to the consensus EPS estimate of $3.62. The company issued revenue guidance of -.

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 a number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (4.07%), Principal Financial Group Inc. (2.68%), Copeland Capital Management LLC (1.59%), JPMorgan Chase & Co. (1.49%), William Blair Investment Management LLC (1.40%) and Northern Trust Corp (1.33%). Insiders that own company stock include Andrea R Newborn, Art A Garcia, Dean A Chin, Diego Anthony Scaglione, 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 $47.17.

How much money does ABM Industries make?

ABM Industries (NYSE:ABM) has a market capitalization of $3.15 billion and generates $6.23 billion in revenue each year. The business services provider earns $126.30 million in net income (profit) each year or $2.13 on an earnings per share basis.

How many employees does ABM Industries have?

The company employs 124,000 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 8/13/2022 by MarketBeat.com Staff

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