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.
Industry, Sector and Symbol
Industry Services to dwellings & other buildings
Sub-IndustryEnvironmental & Facilities Services
SectorConstruction
Phone212-297-0200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.44 billion
Profitability
Miscellaneous
Employees140,000
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 declared a quarterly dividend on Thursday, March 7th. Shareholders 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 annualized dividend and a yield of 2.13%. 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) announced its earnings results on Wednesday, March, 6th. The business services provider reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The business services provider had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.61 billion. ABM Industries had a net margin of 1.28% and a return on equity of 8.87%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.26 EPS. View ABM Industries' Earnings History.
When is ABM Industries' next earnings date?
What guidance has ABM Industries issued on next quarter's earnings?
ABM Industries updated its FY19 earnings guidance on Wednesday, March, 6th. The company provided earnings per share 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 price targets 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 year. This suggests a possible upside of 23.0% 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 neutral recently, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ABM Industries earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
Who are some of ABM Industries' key competitors?
Some companies that are related to ABM Industries include PERSIMMON/ADR (PSMMY), TAYLOR WIMPEY P/ADR (TWODY), RPM International (RPM), ANHUI CONCH CEM/ADR (AHCHY), CHINA RESOURCES/ADR (CARCY), PulteGroup (PHM), Cemex SAB de CV (CX), Spirax-Sarco Engineering (SPXSF), SHIMIZU CORP/ADR (SHMUY), Servicemaster Global (SERV), USG (USG), James Hardie Industries (JHX), Watsco (WSO.B), WEIR GRP PLC/S (WEGRY) and Quanta Services (PWR).
What other stocks do shareholders of ABM Industries own?
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 a number of of institutional and retail investors. Top institutional shareholders 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 purchased 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 $33.88.
How big of a company is ABM Industries?
ABM Industries has a market capitalization of $2.24 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?
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)
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.
