NYSE:ABMABM Industries Stock Price, Forecast & News Adding Choose a 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, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $33.50 -0.66 (-1.93 %) (As of 05/27/2020 04:00 PM ET) Add Compare Share Today's Range$32.73Now: $33.50▼$34.4450-Day Range$25.97MA: $31.55▼$35.9552-Week Range$19.79Now: $33.50▼$42.67Volume484,200 shsAverage Volume416,073 shsMarket Capitalization$2.23 billionP/E Ratio15.73Dividend Yield2.17%Beta1.32 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingABM Industries has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.75, ABM Industries has a potential downside of 11.2% from its current price of $33.50.Amount of Analyst CoverageABM Industries has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesABM Industries has received 303 “outperform” votes. (Add your “outperform” vote.)Underperform VotesABM Industries has received 349 “underperform” votes. (Add your “underperform” vote.)Community SentimentABM Industries has received 53.53% “underperform” votes from our community.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. Previous Next 5.0 Dividend Strength Dividend LeadershipABM Industries is a leading dividend payer. It pays a dividend yield of 2.17%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthABM Industries has been increasing its dividend for 52 years.Dividend CoverageThe dividend payout ratio of ABM Industries is 36.10 %. 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 40.66 % next year. This indicates that ABM Industries will be able to sustain or increase its dividend. Previous Next 1.0 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 $105,210.00 in company stock.Percentage Held by InsidersOnly 0.34% of the stock of ABM Industries is held by insiders.Percentage Held by Institutions95.15% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for ABM Industries are expected to grow by 18.18% in the coming year, from $1.54 to $1.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ABM Industries is 15.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.68.Price to Earnings Ratio vs. SectorThe P/E ratio of ABM Industries is 15.73, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 34.94.Price to Book Value per Share RatioABM Industries has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.3Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.35 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Services to dwellings & other buildings Sub-IndustryEnvironmental & Facilities Services SectorConstruction Current SymbolNYSE:ABM Previous Symbol CUSIP00095710 CIK771497 Webwww.abm.com Phone212-297-0200Debt Debt-to-Equity Ratio0.50 Current Ratio1.48 Quick Ratio1.48Price-To-Earnings Trailing P/E Ratio15.73 Forward P/E Ratio21.75 P/E GrowthN/A Sales & Book Value Annual Sales$6.50 billion Price / Sales0.34 Cash Flow$3.61 per share Price / Cash Flow9.28 Book Value$23.22 per share Price / Book1.44Profitability EPS (Most Recent Fiscal Year)$2.05 Net Income$127.40 million Net Margins2.19% Return on Equity9.37% Return on Assets3.80%Miscellaneous Employees140,000 Outstanding Shares66,630,000Market Cap$2.23 billion Next Earnings Date6/3/2020 (Estimated) OptionableOptionable ABM Rates by TradingView Receive ABM News and Ratings via Email Sign-up to receive the latest news and ratings for ABM and its competitors with MarketBeat's FREE daily newsletter. ABM Industries (NYSE:ABM) Frequently Asked Questions How has ABM Industries' stock been impacted by COVID-19 (Coronavirus)? ABM Industries' stock was trading at $29.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ABM stock has increased by 13.9% and is now trading at $33.50. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of ABM Industries? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ABM Industries. When is ABM Industries' next earnings date? ABM Industries is scheduled to release its next quarterly earnings announcement on Wednesday, June 3rd 2020. View our earnings forecast for ABM Industries. How were ABM Industries' earnings last quarter? ABM Industries, Inc. (NYSE:ABM) announced its quarterly earnings results on Wednesday, March, 4th. The business services provider reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.10. The business services provider had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.60 billion. ABM Industries had a net margin of 2.19% and a return on equity of 9.37%. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same period last year, the company earned $0.31 EPS. View ABM Industries' earnings history. How often does ABM Industries pay dividends? What is the dividend yield for ABM Industries? ABM Industries declared a quarterly dividend on Wednesday, March 4th. Shareholders of record on Thursday, April 2nd will be paid a dividend of $0.185 per share on Monday, May 4th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Wednesday, April 1st. View ABM Industries' dividend history. What guidance has ABM Industries issued on next quarter's earnings? ABM Industries issued an update on its FY20 earnings guidance on Wednesday, March, 4th. The company provided earnings per share (EPS) guidance of $1.90-$2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.96. What price target have analysts set for ABM? 5 equities research analysts have issued 1 year price objectives for ABM Industries' stock. Their forecasts range from $23.00 to $38.00. On average, they anticipate ABM Industries' share price to reach $29.75 in the next twelve months. This suggests that the stock has a possible downside of 11.2%. View analysts' price targets for ABM Industries. Has ABM Industries been receiving favorable news coverage? News coverage about ABM stock has been trending negative on Thursday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ABM Industries earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutABM Industries. 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), Stericycle (SRCL), Tetra Tech (TTEK), Clean Harbors (CLH), Casella Waste Systems (CWST), Covanta (CVA), US Ecology (ECOL), SP Plus (SP), Heritage-Crystal Clean (HCCI), CECO Environmental (CECE), Team (TISI), Acorn Energy (ACFN) and Metalico (MEA). View all 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), Mcdonald's (MCD), Exxon Mobil (XOM), Nucor (NUE), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Chevron (CVX) and 3M (MMM). Who are ABM Industries' key executives? ABM Industries' management team includes the following people: Mr. Scott B. Salmirs, Pres, CEO & Director (Age 57)Mr. Diego Anthony Scaglione, Chief Financial Officer (Age 47)Mr. Scott J. Giacobbe, Chief Operating Officer (Age 57)Ms. Andrea R. Newborn Esq., Exec. VP, Gen. Counsel & Sec. (Age 56)Mr. Rene Jacobsen, Exec. VP and Pres of Bus. & Industry (Age 58) 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.17%), ArrowMark Colorado Holdings LLC (8.46%), State Street Corp (8.37%), Victory Capital Management Inc. (2.16%), Victory Capital Management Inc. (2.16%) and Silvercrest Asset Management Group LLC (1.79%). 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. Which major investors are selling ABM Industries stock? ABM stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., State Street Corp, BlackRock Inc., Morgan Stanley, Morgan Stanley, Parametric Portfolio Associates LLC, UBS Group AG, and Vident Investment Advisory LLC. 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 activity for ABM Industries. Which major 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., Victory Capital Management Inc., Silvercrest Asset Management Group LLC, HighTower Advisors LLC, ArrowMark Colorado Holdings LLC, Engineers Gate Manager LP, Nuveen Asset Management LLC, and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is ABM Industries' stock price today? One share of ABM stock can currently be purchased for approximately $33.50. How big of a company is ABM Industries? ABM Industries has a market capitalization of $2.23 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. 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 or via email at [email protected] This page was last updated on 5/28/2020 by MarketBeat.com Staff
