NYSE:ABM - ABM Industries Stock Price, News, & Analysis

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$34.52 +0.64 (+1.89 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$33.88
Today's Range$33.66 - $34.64
52-Week Range$25.64 - $37.34
Volume405,517 shs
Average Volume629,621 shs
Market Capitalization$2.29 billion
P/E Ratio18.26
Dividend Yield2.13%
Beta0.56
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.

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Industry, Sector and Symbol

Industry Services to dwellings & other buildings
Sub-IndustryEnvironmental & Facilities Services
SectorConstruction
CUSIP00095710
Phone212-297-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.44 billion
Cash Flow$3.6802 per share
Book Value$22.09 per share

Profitability

Net Income$97.70 million

Miscellaneous

Employees140,000
Market Cap$2.29 billion
Next Earnings Date6/5/2019 (Estimated)
OptionableOptionable

ABM Industries (NYSE:ABM) Frequently Asked Questions

What is ABM Industries' stock symbol?

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

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

ABM Industries announced a quarterly dividend on Thursday, March 7th. Stockholders of record on Thursday, April 4th will be paid a dividend of $0.18 per share on Monday, May 6th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend is Wednesday, April 3rd. View ABM Industries' Dividend History.

How were ABM Industries' earnings last quarter?

ABM Industries, Inc. (NYSE:ABM) posted its quarterly earnings data on Wednesday, March, 6th. The business services provider reported $0.31 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.04. The business services provider earned $1.61 billion during the quarter, compared to analyst estimates of $1.61 billion. ABM Industries had a net margin of 1.28% and a return on equity of 8.87%. ABM Industries's quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.26 EPS. View ABM Industries' Earnings History.

When is ABM Industries' next earnings date?

ABM Industries is scheduled to release their next quarterly earnings announcement on Wednesday, June 5th 2019. View Earnings Estimates for ABM Industries.

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

ABM Industries issued an update on its FY19 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of $1.90-2.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.96. ABM Industries also updated its FY 2019 guidance to $1.90-2.05 EPS.

What price target have analysts set for ABM?

4 brokers have issued 1 year target prices for ABM Industries' shares. Their forecasts range from $37.00 to $45.00. On average, they expect ABM Industries' stock price to reach $41.6667 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price. View Analyst Price Targets for ABM Industries.

What is the consensus analysts' recommendation for ABM Industries?

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ABM Industries.

What are Wall Street analysts saying about ABM Industries stock?

Here are some recent quotes from research analysts about ABM Industries stock:
  • 1. According to Zacks Investment Research, "ABM Industries first-quarter fiscal 2019 earnings beat the Zacks Consensus Estimate and increased year over year. Despite such results, the company continues to grapple with a difficult labor environment that is likely to sustain through 2019. Increasing expenses has become a concern for ABM Industries as it is likely to weigh on its bottom line. High debt may limit the company’s future expansion and worsen its risk profile. In the past year, the stock has underperformed the industry. On the flip side, the company has embarked on 2020 Vision that outlines its long-term vision for the next five years. These systematic and strategic plans of actions are likely to drive long-term profitable growth for ABM through an industry-based go-to-market approach. ABM’s strategy entails growth through strategic acquisitions while maintaining desirable profit margins. The company is consistent in rewarding its shareholders." (3/20/2019)
  • 2. Maxim Group analysts commented, "ABM can make the U.S. more efficient by continuing to integrate energy efficiency projects into existing facility management contracts with large clients." (2/14/2019)

Has ABM Industries been receiving favorable news coverage?

News headlines about ABM stock have been trending somewhat negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. ABM Industries earned a coverage optimism score of -1.1 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of ABM Industries' key 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 Johnson & Johnson (JNJ), Micron Technology (MU), Walmart (WMT), Alibaba Group (BABA), Nucor (NUE), Procter & Gamble (PG), NVIDIA (NVDA), Mcdonald's (MCD), AbbVie (ABBV) and Wells Fargo & Co (WFC).

Who are ABM Industries' key executives?

ABM Industries' management team includes the folowing people:
  • Mr. Scott B. Salmirs, Pres, CEO & Director (Age 57)
  • Mr. Diego Anthony Scaglione, Exec. VP & CFO (Age 47)
  • Mr. Scott J. Giacobbe, Exec. VP & COO (Age 57)
  • Ms. Andrea R. Newborn, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Rene Jacobsen, Exec. VP and Pres of Bus. & Industry (Age 58)

Who are ABM Industries' major shareholders?

ABM Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.89%), FMR LLC (10.91%), Dimensional Fund Advisors LP (6.51%), Northern Trust Corp (2.57%), Macquarie Group Ltd. (2.52%) and Victory Capital Management Inc. (2.52%). Company insiders that own ABM Industries stock include Dean A Chin, Diego Anthony Scaglione, James P Mcclure, Linda Chavez, Rene Jacobsen, Scott B Salmirs and Scott J Giacobbe. View Institutional Ownership Trends for ABM Industries.

Which institutional investors are selling ABM Industries stock?

ABM stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Deprince Race & Zollo Inc., Macquarie Group Ltd., Comerica Bank, Two Sigma Advisers LP, State of New Jersey Common Pension Fund D, Royce & Associates LP and Citigroup Inc.. 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 for ABM Industries.

Which institutional investors are buying ABM Industries stock?

ABM stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Oregon Public Employees Retirement Fund, Norges Bank, Boston Partners, FMR LLC, Walthausen & Co. LLC, Dimensional Fund Advisors LP and WBI Investments Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is ABM Industries' stock price today?

One share of ABM stock can currently be purchased for approximately $34.52.

How big of a company is ABM Industries?

ABM Industries has a market capitalization of $2.29 billion and generates $6.44 billion in revenue each year. The business services provider earns $97.70 million in net income (profit) each year or $1.89 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 http://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]


MarketBeat Community Rating for ABM Industries (NYSE ABM)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  236 (Vote Outperform)
Underperform Votes:  270 (Vote Underperform)
Total Votes:  506
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.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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