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

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

ABM Industries declared a quarterly dividend on Wednesday, December 18th. Stockholders of record on Thursday, January 2nd will be given a dividend of $0.185 per share on Monday, February 3rd. This represents a $0.74 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Tuesday, December 31st. This is a boost from ABM Industries's previous quarterly dividend of $0.18. View ABM Industries' Dividend History.

ABM Industries, Inc. (NYSE:ABM) released its quarterly earnings results on Wednesday, December, 18th. The business services provider reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.04. The business services provider had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.67 billion. ABM Industries had a net margin of 1.96% and a return on equity of 9.16%. The business's revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. View ABM Industries' Earnings History.

ABM Industries is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for ABM Industries.

ABM Industries updated its FY20 earnings guidance on Wednesday, December, 18th. The company provided earnings per share guidance of $1.90-2.10 for the period, compared to the Thomson Reuters consensus estimate of $2.10.

4 equities research analysts have issued 12-month price objectives for ABM Industries' stock. Their forecasts range from $34.00 to $43.00. On average, they expect ABM Industries' stock price to reach $37.94 in the next year. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for ABM Industries.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ABM Industries.

Media stories about ABM stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ABM Industries earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for ABM Industries.

ABM Industries saw a decline in short interest in December. As of December 13th, there was short interest totalling 3,190,000 shares, a decline of 8.3% from the November 28th total of 3,480,000 shares. Based on an average daily trading volume, of 320,300 shares, the days-to-cover ratio is presently 10.0 days. Currently, 4.8% of the shares of the company are sold short. View ABM Industries' Current Options Chain.

Some companies that are related to ABM Industries include Waste Management (WM), Republic Services (RSG), Rollins (ROL), Stericycle (SRCL), Tetra Tech (TTEK), Clean Harbors (CLH), Casella Waste Systems (CWST), Covanta (CVA), US Ecology (ECOL), SP Plus (SP), Heritage-Crystal Clean (HCCI), Team (TISI), CECO Environmental (CECE), Acorn Energy (ACFN) and Metalico (MEA).

Based on aggregate information from My MarketBeat watchlists, some companies that other ABM Industries investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Procter & Gamble (PG), Walmart (WMT), Mcdonald's (MCD), Visa (V), Exxon Mobil (XOM), Costco Wholesale (COST), PepsiCo (PEP) and Starbucks (SBUX).

ABM Industries' stock is owned by many different of institutional and retail investors. Top institutional investors include Dudley & Shanley Inc. (1.45%), Pflug Koory LLC (0.11%), State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.03%), Sciencast Management LP (0.03%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.02%). Company insiders that own ABM Industries stock include Dean A Chin, Diego Anthony Scaglione, Linda Chavez, Rene Jacobsen, Scott B Salmirs and Scott J Giacobbe. View Institutional Ownership Trends for ABM Industries.

ABM stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Louisiana State Employees Retirement System, Pflug Koory LLC and State of Alaska Department of Revenue. 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.

ABM stock was purchased by a variety of institutional investors in the last quarter, including Sciencast Management LP, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Dudley & Shanley Inc., Alpha Windward LLC and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ABM stock can currently be purchased for approximately $39.30.

ABM Industries has a market capitalization of $2.62 billion and generates $6.50 billion in revenue each year. The business services provider earns $127.40 million in net income (profit) each year or $2.05 on an earnings per share basis. ABM Industries employs 140,000 workers across the globe.View Additional Information About ABM Industries.

The official website for ABM Industries is http://www.abm.com/.

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]