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. $44.12 +0.39 (+0.89%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$44.04▼$44.9450-Day Range$43.73▼$49.0452-Week Range$37.68▼$54.00Volume332,102 shsAverage Volume321,745 shsMarket Capitalization$2.92 billionP/E Ratio15.32Dividend Yield1.99%Price Target$58.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability ABM Industries MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside31.5% Upside$58.00 Price TargetShort InterestBearish2.95% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.74Upright™ Environmental ScoreNews Sentiment0.77Based on 13 Articles This WeekInsider TradingSelling Shares$250,444 Sold Last QuarterProj. Earnings Growth11.14%From $3.50 to $3.89 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.2.90 out of 5 starsConstruction Sector8th out of 106 stocksServices To Dwellings & Other Buildings Industry1st out of 5 stocks 3.3 Analyst's Opinion Consensus RatingABM Industries has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.00, ABM Industries has a forecasted upside of 31.5% from its current price of $44.12.Amount of Analyst CoverageABM Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.95% 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 5.8.Change versus previous monthShort interest in ABM Industries has recently increased by 11.05%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldABM Industries pays a meaningful dividend of 2.01%, 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 30.56%. 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 22.62% 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 3.2 News and Social Media Coverage News SentimentABM Industries has a news sentiment score of 0.77. 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 is a higher news sentiment than the 0.42 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 13 news articles for ABM Industries this week, compared to 4 articles on an average week.Search InterestOnly 10 people have searched for ABM on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.MarketBeat Follows6 people have added ABM Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 500% 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 $250,444.00 in company stock.Percentage Held by InsidersOnly 0.85% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for ABM Industries are expected to grow by 11.14% in the coming year, from $3.50 to $3.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ABM Industries is 15.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.76.Price to Earnings Ratio vs. SectorThe P/E ratio of ABM Industries is 15.32, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.62.Price to Book Value per Share RatioABM Industries has a P/B Ratio of 1.68. 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 HeadlinesMarch 20, 2023 | marketwatch.comHealthcare Facilities Management Market Size From 2023 To 2029 And Unlimited Opportunities for New CompaniesMarch 19, 2023 | fortune.comABM Industries, IncorporatedMarch 20, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 17, 2023 | marketwatch.comCleaning Market Expert Industrial Investigation Report 2023-2028March 17, 2023 | americanbankingnews.comABM Industries (NYSE:ABM) Now Covered by Analysts at StockNews.comMarch 16, 2023 | finance.yahoo.comWe Think ABM Industries Incorporated's (NYSE:ABM) CEO Compensation Looks FairMarch 14, 2023 | americanbankingnews.comWilliam Blair Comments on ABM Industries Incorporated's Q2 2023 Earnings (NYSE:ABM)March 12, 2023 | americanbankingnews.comABM Industries Incorporated Expected to Post Q3 2023 Earnings of $0.84 Per Share (NYSE:ABM)March 20, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 11, 2023 | finance.yahoo.comABM Industries Incorporated (NYSE:ABM) Q1 2023 Earnings Call TranscriptMarch 11, 2023 | finance.yahoo.comABM Industries (NYSE:ABM) Has Announced That It Will Be Increasing Its Dividend To $0.22March 11, 2023 | americanbankingnews.comABM Industries (NYSE:ABM) Shares Gap Down to $47.50March 10, 2023 | finance.yahoo.comABM Industries (ABM) Stock Down 2.9% Despite Q1 Earnings BeatMarch 10, 2023 | americanbankingnews.comABM Industries (NYSE:ABM) Issues Earnings ResultsMarch 10, 2023 | marketwatch.comAccount Based Marketing (ABM) Software Market Foreseen To Grow Exponentially Over 2023-2029March 10, 2023 | americanbankingnews.comABM Industries (NYSE:ABM) Lowered to Neutral at Robert W. BairdMarch 9, 2023 | msn.comABM Industries downgraded to Neutral at Baird on labor cost pressuresMarch 9, 2023 | msn.comLooking Into ABM Industries's Return On Capital EmployedMarch 9, 2023 | markets.businessinsider.comABM Industries (ABM) was downgraded to a Hold Rating at Robert W. BairdMarch 8, 2023 | finance.yahoo.comQ1 2023 ABM Industries Inc Earnings CallMarch 8, 2023 | finance.yahoo.comABM Industries (ABM) Q1 Earnings Beat EstimatesMarch 8, 2023 | markets.businessinsider.comABM Industries Q1 Adj. EPS Tops Estimates, But Revenues Miss; Backs FY23 OutlookMarch 8, 2023 | msn.comABM Industries reports mixed Q4 earnings; reaffirms FY23 outlookMarch 8, 2023 | finance.yahoo.comABM Reports First Quarter Fiscal 2023 ResultsMarch 2, 2023 | finance.yahoo.comHere's Why ABM Industries (NYSE:ABM) Has Caught The Eye Of InvestorsMarch 2, 2023 | marketwatch.comSnow Removal Services Market Insights-Industry changing aspects, New Technologies and Forecast to 2029February 27, 2023 | marketwatch.com2023 Janitorial Cleaning Services Market Report has the Potential to Deliver Genuine Review for DevelopmentSee 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 Ex-Dividend for 2/6 Dividend1/04/2023Dividend Payable2/06/2023Last Earnings3/08/2023Today3/20/2023Ex-Dividend for 5/1 Dividend4/05/2023Dividend Payable5/01/2023Next Earnings (Estimated)6/14/2023Fiscal 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$58.00 High Stock Price Forecast$65.00 Low Stock Price Forecast$51.00 Forecasted Upside/Downside+31.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.88 Trailing P/E Ratio15.32 Forward P/E Ratio12.61 P/E GrowthN/ANet Income$230.40 million Net Margins2.45% Pretax Margin3.34% Return on Equity13.85% Return on Assets4.97% Debt Debt-to-Equity Ratio0.69 Current Ratio1.30 Quick Ratio1.30 Sales & Book Value Annual Sales$7.81 billion Price / Sales0.37 Cash Flow$5.41 per share Price / Cash Flow8.16 Book Value$26.27 per share Price / Book1.68Miscellaneous Outstanding Shares66,110,000Free Float65,544,000Market Cap$2.92 billion OptionableOptionable Beta1.12 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:FTDRKB HomeNYSE:KBHArcosaNYSE:ACAInstalled Building ProductsNYSE:IBPDycom IndustriesNYSE:DYView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 7,755 shares on 3/15/2023Ownership: 0.012%Victory Capital Management Inc.Bought 268,099 shares on 3/10/2023Ownership: 2.922%Voya Investment Management LLCSold 51,195 shares on 2/28/2023Ownership: 0.220%NatixisBought 16,800 shares on 2/24/2023Ownership: 0.025%Teachers Retirement System of The State of KentuckySold 1,176 shares on 2/22/2023Ownership: 0.031%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 analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 analysts have issued twelve-month price objectives for ABM Industries' stock. Their ABM share price forecasts range from $51.00 to $65.00. On average, they expect the company's share price to reach $58.00 in the next year. This suggests a possible upside of 31.5% 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 at the beginning of 2023. Since then, ABM stock has decreased by 0.7% and is now trading at $44.12. View the best growth stocks for 2023 here. Are investors shorting ABM Industries? ABM Industries saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,910,000 shares, an increase of 11.0% from the February 13th total of 1,720,000 shares. Based on an average trading volume of 328,000 shares, the days-to-cover ratio is presently 5.8 days. Currently, 3.0% of the shares of the company 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 Wednesday, June 14th 2023. View our ABM earnings forecast. How were ABM Industries' earnings last quarter? ABM Industries Incorporated (NYSE:ABM) released its quarterly earnings data on Wednesday, March, 8th. The business services provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.02. The business services provider earned $1.99 billion during the quarter, compared to analyst estimates of $2.02 billion. ABM Industries had a net margin of 2.45% and a trailing twelve-month return on equity of 13.85%. The firm's revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.94 earnings per share. How often does ABM Industries pay dividends? What is the dividend yield for ABM Industries? ABM Industries announced a quarterly dividend on Wednesday, March 8th. Investors of record on Thursday, April 6th will be paid a dividend of $0.22 per share on Monday, May 1st. This represents a $0.88 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Wednesday, April 5th. Read our dividend analysis for ABM. What ETFs hold ABM Industries' stock? ETFs with the largest weight of ABM Industries (NYSE:ABM) stock in their portfolio include VanEck Environmental Services ETF (EVX), Dividend Performers ETF (IPDP), Invesco S&P SmallCap Industrials ETF (PSCI), ProShares Russell US Dividend Growers ETF (TMDV), ProShares Russell 2000 Dividend Growers ETF (SMDV), SPDR S&P Dividend ETF (SDY), Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) and iShares S&P Small-Cap 600 Value ETF (IJS). 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 2.01%. 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 30.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABM will have a dividend payout ratio of 22.62% 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 Wednesday, March, 8th. The company provided EPS guidance of $3.40-3.60 for the period, compared to the consensus estimate of $3.52. 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 variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.87%), Victory Capital Management Inc. (2.94%), Victory Capital Management Inc. (2.92%), Victory Capital Management Inc. (2.92%), Boston Partners (2.78%) and Macquarie Group Ltd. (2.72%). 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 $44.12. How much money does ABM Industries make? ABM Industries (NYSE:ABM) has a market capitalization of $2.92 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 $2.88 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 3/20/2023 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. 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 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.