ABM Industries (ABM) Stock Forecast, Price & News

ABM Industries (NYSE:ABM) Frequently Asked Questions

Is ABM Industries a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABM Industries stock.
View analyst ratings for ABM Industries or view top-rated stocks.

Are investors shorting ABM Industries?

ABM Industries saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,540,000 shares, a drop of 20.2% from the April 30th total of 1,930,000 shares. Based on an average trading volume of 536,700 shares, the short-interest ratio is presently 2.9 days. Currently, 2.3% of the company's stock are short sold.
View ABM Industries' Short Interest.

When is ABM Industries' next earnings date?

ABM Industries is scheduled to release its next quarterly earnings announcement on Wednesday, June 8th 2022.
View our earnings forecast for ABM Industries.

How were ABM Industries' earnings last quarter?

ABM Industries Incorporated (NYSE:ABM) released its quarterly earnings data on Tuesday, March, 8th. The business services provider reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.15. The business services provider had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.83 billion. ABM Industries had a trailing twelve-month return on equity of 14.86% and a net margin of 1.91%. ABM Industries's revenue for the quarter was up 29.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.01 earnings per share.
View ABM Industries' earnings history.

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

ABM Industries announced a quarterly dividend on Tuesday, March 8th. Stockholders of record on Thursday, April 7th will be given a dividend of $0.195 per share on Monday, May 2nd. This represents a $0.78 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Wednesday, April 6th.
View ABM Industries' dividend history.

Is ABM Industries a good dividend stock?

ABM Industries pays an annual dividend of $0.78 per share and currently has a dividend yield of 1.70%. ABM Industries 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 of ABM Industries is 41.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABM Industries will have a dividend payout ratio of 19.90% next year. This indicates that ABM Industries will be able to sustain or increase its dividend.
View ABM Industries' dividend history.

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

ABM Industries updated its FY 2022 earnings guidance on Tuesday, April, 5th. The company provided earnings per share guidance of $3.500-$3.700 for the period, compared to the consensus EPS estimate of $3.410. The company issued revenue guidance of -.

What price target have analysts set for ABM?

4 analysts have issued 1-year price objectives for ABM Industries' stock. Their forecasts range from $55.00 to $65.00. On average, they expect ABM Industries' stock price to reach $60.00 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price.
View analysts' price targets for ABM Industries or view top-rated stocks among Wall Street analysts.

Who are ABM Industries' key executives?

ABM Industries' management team includes the following people:

• Mr. Scott B. Salmirs, Pres, CEO & Director (Age 60, Pay $3.1M)
• Mr. Earl Ray Ellis, Exec. VP & CFO (Age 56, Pay $1.75M)
• Mr. Rene Jacobsen, Exec. VP & COO (Age 61, Pay $1.93M) (LinkedIn Profile)
• Mr. Dean A. Chin, Sr. VP, Chief Accounting Officer, Corp. Controller & Treasurer (Age 54, Pay $1.03M)
• Ms. Andrea R. Newborn Esq., Exec. VP, Gen. Counsel & Corp. Sec. (Age 59, Pay $1.27M)
• Mr. Joshua H. Feinberg, Exec. VP and Chief Strategy & Transformation Officer (Age 48, Pay $1.72M)
• Ms. Melanie Kirkwood Ruiz, Chief Information Officer
• Ms. Susie A. Choi, VP of Investor Relations
• Mr. Paul E. Goldberg, Sr. VP of Investor Relations (Age 58)
• Ms. Nadeen A. Ayala, Chief Culture & Communication Officer

What is Scott Salmirs' approval rating as ABM Industries' CEO?

335 employees have rated ABM Industries CEO Scott Salmirs on Glassdoor.com. Scott Salmirs has an approval rating of 58% among ABM Industries' employees. This puts Scott Salmirs in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of ABM Industries' key competitors?

Some companies that are related to ABM Industries include Waste Management (WM), Republic Services (RSG), Rollins (ROL), Tetra Tech (TTEK), Clean Harbors (CLH), Stericycle (SRCL), Casella Waste Systems (CWST), US Ecology (ECOL), SP Plus (SP), Heritage-Crystal Clean (HCCI), CECO Environmental (CECE), Team (TISI), Acorn Energy (ACFN) and Metalico (MEA).
View all of ABM's 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), 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 investors include BlackRock Inc. (16.06%), Vanguard Group Inc. (12.31%), State Street Corp (10.56%), Dimensional Fund Advisors LP (6.24%), Principal Financial Group Inc. (2.45%) and Boston Partners (2.41%). Company insiders that own ABM Industries stock include Andrea R Newborn, Art A Garcia, Dean A Chin, Linda Chavez, Raul Javier Valentin, Rene Jacobsen, Scott B Salmirs and Scott J Giacobbe.
View institutional ownership trends for ABM Industries.

Which major investors are selling ABM Industries stock?

ABM stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Prudential Financial Inc., JPMorgan Chase & Co., Invesco Ltd., BlackRock Inc., AlphaCrest Capital Management LLC, Kiwi Wealth Investments Limited Partnership, and Northern Trust Corp. Company insiders that have sold ABM Industries company stock in the last year include Andrea R Newborn, Dean A Chin, Linda Chavez, Raul Javier Valentin, Rene Jacobsen, and Scott B Salmirs.
View insider buying and selling activity for ABM Industries or view top insider-selling stocks.

Which major investors are buying ABM Industries stock?

ABM stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, BI Asset Management Fondsmaeglerselskab A S, Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Wasatch Advisors Inc., Jane Street Group LLC, Meiji Yasuda Asset Management Co Ltd., and Principal Financial Group Inc..
View insider buying and selling activity for ABM Industries or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is ABM Industries' stock price today?

One share of ABM stock can currently be purchased for approximately $47.57.

How much money does ABM Industries make?

ABM Industries has a market capitalization of $3.18 billion and generates $6.23 billion in revenue each year. The business services provider earns $126.30 million in net income (profit) each year or $1.87 on an earnings per share basis.

How many employees does ABM Industries have?

ABM Industries employs 124,000 workers across the globe.

What is ABM Industries' official website?

The official website for ABM Industries is 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, via email at [email protected], or via fax at 212-297-0375.