NYSE:ABM ABM Industries - ABM Stock Forecast, Price & News Adding Choose a watchlist: 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 Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. $47.35 -0.10 (-0.21%) (As of 02/8/2023 11:13 AM ET) Add Compare Share Share Today's Range$46.95▼$47.3850-Day Range$43.73▼$48.0152-Week Range$37.68▼$54.00Volume33,019 shsAverage Volume257,643 shsMarket Capitalization$3.11 billionP/E Ratio13.89Dividend Yield1.85%Price Target$58.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability ABM Industries MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside23.7% Upside$58.50 Price TargetShort InterestBearish2.60% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.74Upright™ Environmental ScoreNews Sentiment0.53Based on 5 Articles This WeekInsider TradingSelling Shares$115,718 Sold Last QuarterProj. Earnings Growth11.40%From $3.51 to $3.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.73 out of 5 starsConstruction Sector2nd out of 107 stocksServices To Dwellings & Other Buildings Industry1st out of 5 stocks 2.5 Analyst's Opinion Consensus RatingABM Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.50, ABM Industries has a forecasted upside of 23.7% from its current price of $47.30.Amount of Analyst CoverageABM Industries has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.60% of the float of ABM Industries has been sold short.Short Interest Ratio / Days to CoverABM Industries has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in ABM Industries has recently increased by 7.69%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldABM Industries pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthABM Industries has been increasing its dividend for 55 years.Dividend CoverageThe dividend payout ratio of ABM Industries is 25.81%. 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 22.51% next year. This indicates that ABM Industries will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreABM Industries has received a 44.68% net impact score from Upright. ABM Industries seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Repair and maintenance of electrical wiring", "Parking lot services", and "Valet parking services" products. See details.Environmental SustainabilityThe Environmental Impact score for ABM Industries is -1.74. Previous Next 2.5 News and Social Media Coverage News SentimentABM Industries has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for ABM Industries this week, compared to 4 articles on an average week.Search Interest9 people have searched for ABM on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added ABM Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 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 $115,718.00 in company stock.Percentage Held by InsidersOnly 0.54% of the stock of ABM Industries is held by insiders.Percentage Held by Institutions92.15% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for ABM Industries are expected to grow by 11.40% in the coming year, from $3.51 to $3.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ABM Industries is 13.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.09.Price to Earnings Ratio vs. SectorThe P/E ratio of ABM Industries is 13.87, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 17.21.Price to Book Value per Share RatioABM Industries has a P/B Ratio of 1.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ABM Industries (NYSE:ABM) StockABM Industries, Inc. engages in the provision of facility, infrastructure, and mobility solutions. It operates through the following segments: Business and Industry, Manufacturing and Distribution, Education, Aviation, and Technical Solutions. The Business and Industry segment encompasses janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and traditional hospitals and non-acute healthcare facilities. It also provides vehicle maintenance services to rental car providers. The Manufacturing and Distribution segment provides integrated facility services, engineering, janitorial, and other specialized services in different types of manufacturing, distribution, and data center facilities. The Education segment delivers janitorial, custodial, landscaping and grounds, facilities engineering, and parking services for public school districts, private schools, colleges, and universities. The Aviation segment supports airlines and airports with parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. The Technical Solutions segment specializes in facility infrastrRead More Receive ABM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ABM Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address ABM Stock News HeadlinesFebruary 7, 2023 | marketwatch.comSnow Removal Services Market Size 2023 With Strategic Choice-Making Process, Identification of Main CorporationsFebruary 1, 2023 | marketwatch.comGlobal Account Based Marketing (ABM) Software Market [2023-2026] | Stay Ahead of the Competition with Our Advanced Research Report | Latest ReportFebruary 8, 2023 | Investing Trends (Ad)Elon Musk Claims Solar Will Soon Power the WorldThe world's wealthiest person -- Elon Musk -- is a visionary investor. And he fully expects solar power to be our #1 energy source within a few decades. Utility-scale solar is already becoming the cheapest option for electricity generation globally. So with the push toward clean, renewable energy, it's no wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.January 31, 2023 | msn.comAustin company lays off 250 janitorial, maintenance workers after Tesla cancels contractJanuary 24, 2023 | ca.finance.yahoo.comTerminus Maximizes Ad Spend for Marketers with Less Than 3% Fraud RateJanuary 21, 2023 | finance.yahoo.comThe 3 Top Dividend Kings for 2023January 19, 2023 | msn.comCramer's lightning round: I like ABM IndustriesJanuary 19, 2023 | finance.yahoo.comShould You Investigate ABM Industries Incorporated (NYSE:ABM) At US$45.27?February 8, 2023 | Investing Trends (Ad)Elon Musk Claims Solar Will Soon Power the WorldThe world's wealthiest person -- Elon Musk -- is a visionary investor. And he fully expects solar power to be our #1 energy source within a few decades. Utility-scale solar is already becoming the cheapest option for electricity generation globally. So with the push toward clean, renewable energy, it's no wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.January 19, 2023 | msn.comABM Industries begins parking operations management for Racine as of Jan. 17January 19, 2023 | marketwatch.comJanitorial Cleaning Services Market Analysis Report 2023 Along with Statistics Figures, till 2029January 16, 2023 | finance.yahoo.comNew Strong Sell Stocks for January 13th (Revised)January 13, 2023 | marketwatch.comCleaning Market Players to drive Merges and Acquisition Strategies to Expand Market Share, 2023-2029January 12, 2023 | finance.yahoo.comABM Industries (ABM) Up 3.9% Since Last Earnings Report: Can It Continue?January 7, 2023 | marketwatch.comAccount Based Marketing (ABM) Software Market (New Report) Size and Share Expanding worldwide by 2023-2029 | 111 Pages ReportJanuary 5, 2023 | finance.yahoo.comAn Intrinsic Calculation For ABM Industries Incorporated (NYSE:ABM) Suggests It's 38% UndervaluedJanuary 5, 2023 | finance.yahoo.comABM Delivers School Infrastructure Solution and Energy Savings with Facility Services for Dooly County SchoolsJanuary 4, 2023 | fool.comAbm Industries (NYSE: ABM)January 1, 2023 | seekingalpha.comJanuary Dividend Kings And Princes: 3 Buys And 2 To WatchDecember 29, 2022 | technews.tmcnet.comBC Partners enters agreement to acquire leading Account Based Marketing Platform Madison LogicDecember 27, 2022 | forbes.comShifting The ABM Mindset: Replacing Vanity Metrics With Revenue GenerationDecember 20, 2022 | finance.yahoo.comABM Industries: A Clean Recovery From Covid IssuesDecember 16, 2022 | finance.yahoo.comABM Industries Incorporated (NYSE:ABM) Q4 2022 Earnings Call TranscriptDecember 16, 2022 | markets.businessinsider.comAnalysts Offer Insights on Services Companies: ABM Industries (ABM) and Paymentus Holdings (PAY)December 15, 2022 | seekingalpha.comABM Industries Incorporated (ABM) Q4 2022 Earnings Call TranscriptDecember 15, 2022 | finance.yahoo.comABM Deploys Knightscope Autonomous Robots in Major Parking FacilityDecember 15, 2022 | finance.yahoo.comABM’s eMobility Solutions Recognized with Prestigious SEAL Business Sustainability AwardSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ABM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ABM Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address ABM Company Calendar Last Earnings12/13/2022Ex-Dividend for 2/6 Dividend1/04/2023Dividend Payable2/06/2023Today2/08/2023Next Earnings (Estimated)3/14/2023Fiscal Year End10/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Services to dwellings & other buildings Sub-IndustryEnvironmental & Facilities Services SectorConstruction Current SymbolNYSE:ABM CUSIP00095710 CIK771497 Webwww.abm.com Phone(212) 297-0200Fax212-297-0375Employees127,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$58.50 High Stock Price Forecast$65.00 Low Stock Price Forecast$52.00 Forecasted Upside/Downside+23.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.41 Trailing P/E Ratio13.89 Forward P/E Ratio13.49 P/E GrowthN/ANet Income$230.40 million Net Margins2.95% Pretax Margin3.97% Return on Equity14.72% Return on Assets5.33% Debt Debt-to-Equity Ratio0.63 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$7.81 billion Price / Sales0.40 Cash Flow$5.33 per share Price / Cash Flow8.88 Book Value$25.96 per share Price / Book1.82Miscellaneous Outstanding Shares65,600,000Free Float65,247,000Market Cap$3.11 billion OptionableOptionable Beta1.14 Key ExecutivesScott SalmirsPresident, Chief Executive Officer & DirectorRene JacobsenChief Operating Officer & Executive Vice PresidentEarl R. EllisChief Financial Officer & Executive Vice PresidentMelanie Kirkwood RuizChief Information & Technology OfficerMark HawkinsonPresident-Technical SolutionsKey CompetitorsFrontdoorNASDAQ:FTDRBoise CascadeNYSE:BCCEnvivaNYSE:EVAInstalled Building ProductsNYSE:IBPKB HomeNYSE:KBHView All CompetitorsInsiders & InstitutionsEnvestnet Asset Management Inc.Bought 2,229 shares on 2/7/2023Ownership: 0.198%Bleakley Financial Group LLCBought 74,224 shares on 2/7/2023Ownership: 0.113%Texas Permanent School FundSold 3,564 shares on 2/7/2023Ownership: 0.068%State Board of Administration of Florida Retirement SystemSold 3,410 shares on 2/7/2023Ownership: 0.039%LPL Financial LLCBought 996 shares on 2/7/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions ABM Stock - Frequently Asked Questions Should I buy or sell ABM Industries stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 2023? 2 brokerages have issued twelve-month target prices for ABM Industries' stock. Their ABM share price forecasts range from $52.00 to $65.00. On average, they predict the company's stock price to reach $58.50 in the next year. This suggests a possible upside of 23.3% 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 2023? ABM Industries' stock was trading at $44.42 on January 1st, 2023. Since then, ABM shares have increased by 6.8% and is now trading at $47.45. View the best growth stocks for 2023 here. Are investors shorting ABM Industries? ABM Industries saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,680,000 shares, an increase of 7.7% from the December 31st total of 1,560,000 shares. Based on an average daily trading volume, of 309,100 shares, the days-to-cover ratio is presently 5.4 days. Currently, 2.6% of the company's stock are sold short. View ABM Industries' Short Interest. When is ABM Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 14th 2023. View our ABM earnings forecast. How were ABM Industries' earnings last quarter? ABM Industries Incorporated (NYSE:ABM) announced its quarterly earnings data on Tuesday, December, 13th. The business services provider reported $0.89 EPS for the quarter, hitting analysts' consensus estimates of $0.89. The business services provider earned $2.01 billion during the quarter, compared to analysts' expectations of $1.98 billion. ABM Industries had a net margin of 2.95% and a trailing twelve-month return on equity of 14.72%. How often does ABM Industries pay dividends? What is the dividend yield for ABM Industries? ABM Industries declared a quarterly dividend on Monday, December 5th. Shareholders of record on Thursday, January 5th will be given a dividend of $0.22 per share on Monday, February 6th. This represents a $0.88 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Wednesday, January 4th. This is a boost from the stock's previous quarterly dividend of $0.20. Read our dividend analysis for ABM. Is ABM Industries a good dividend stock? ABM Industries (NYSE:ABM) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.83%. 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 25.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABM will have a dividend payout ratio of 22.51% 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 FY23 earnings guidance on Tuesday, December, 13th. The company provided earnings per share guidance of $3.40-3.60 for the period, compared to the consensus earnings per share estimate of $3.70. 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 retail and institutional investors. Top institutional shareholders include Copeland Capital Management LLC (1.89%), Gemmer Asset Management LLC (0.72%), Olstein Capital Management L.P. (0.33%), ProShare Advisors LLC (0.32%), Wedge Capital Management L L P NC (0.24%) and Envestnet Asset Management Inc. (0.20%). 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 $47.45. How much money does ABM Industries make? ABM Industries (NYSE:ABM) has a market capitalization of $3.11 billion and generates $7.81 billion in revenue each year. The business services provider earns $230.40 million in net income (profit) each year or $3.41 on an earnings per share basis. How many employees does ABM Industries have? The company employs 127,000 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from top-performing Wall Street analysts. 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