S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
An Unusual Way to Invest in Gold (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
3 stocks set to benefit from record Valentine's Day spending
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
An Unusual Way to Invest in Gold (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
3 stocks set to benefit from record Valentine's Day spending
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
An Unusual Way to Invest in Gold (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
3 stocks set to benefit from record Valentine's Day spending
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
An Unusual Way to Invest in Gold (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
3 stocks set to benefit from record Valentine's Day spending
NYSE:ABM

ABM Industries (ABM) Stock Price, News & Analysis

$40.21
-0.17 (-0.42%)
(As of 02/9/2024 08:55 PM ET)
Today's Range
$39.99
$40.40
50-Day Range
$40.23
$52.31
52-Week Range
$37.61
$53.05
Volume
621,800 shs
Average Volume
455,654 shs
Market Capitalization
$2.53 billion
P/E Ratio
10.61
Dividend Yield
2.24%
Price Target
$45.20

ABM Industries MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
12.4% Upside
$45.20 Price Target
Short Interest
Healthy
2.27% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.95
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$2.01 M Sold Last Quarter
Proj. Earnings Growth
8.13%
From $3.32 to $3.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Construction Sector

10th out of 98 stocks

Services To Dwellings & Other Buildings Industry

1st out of 5 stocks


ABM stock logo

About ABM Industries Stock (NYSE:ABM)

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments. The company offers janitorial, facilities engineering, and parking services for commercial real estate properties, including corporate offices for high tech clients, sports and entertainment venues, and traditional hospitals and non-acute healthcare facilities; provides vehicle maintenance and other services to rental car providers. It also offers integrated facility services, engineering, and other specialized services in various types of manufacturing, distribution, and data center facilities. In addition, the company delivers custodial and landscaping and grounds for public school districts, private schools, colleges, and universities. Further, it supports airlines and airports with services comprising passenger assistance, catering logistics, air cabin maintenance, and transportation services. Additionally, the company provides electric vehicle power design, installation, and maintenance, as well as microgrid systems installations. ABM Industries Incorporated was founded in 1909 and is headquartered in New York, New York.

ABM Stock Price History

ABM Stock News Headlines

ABM Industries (NYSE:ABM) Cut to "Hold" at StockNews.com
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
Should Value Investors Buy ABM Industries (ABM) Stock?
Zoominfo Review 2024: Features, Pros & Cons
Jacobs (J) Wins $132M UK Naval Contract, Boosts Backlog
Obama’s 2024 Confession
Barack Obama’s confession about the 2024 election just leaked online… In short, he’s worried Biden “could very well lose.” But before you think that means Trump will win… You should see the evidence I’ve found about an election shock that could come as soon as August 19th.
ABM Industries goes ex dividend tomorrow
ABM Industries Inc's Dividend Analysis
Company News for Dec 14, 2023
Q4 2023 ABM Industries Inc Earnings Call
See More Headlines
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.

Company Calendar

Last Earnings
12/13/2023
Ex-Dividend for 2/5 Dividend
1/03/2024
Dividend Payable
2/05/2024
Today
2/11/2024
Next Earnings (Estimated)
3/13/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Services to dwellings & other buildings
Sub-Industry
Environmental & Facilities Services
CUSIP
00095710
Employees
123,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.20
High Stock Price Target
$53.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+12.4%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$251.40 million
Pretax Margin
4.09%

Debt

Sales & Book Value

Annual Sales
$8.10 billion
Cash Flow
$5.38 per share
Book Value
$27.47 per share

Miscellaneous

Free Float
62,327,000
Market Cap
$2.53 billion
Optionable
Optionable
Beta
1.16
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report














ABM Stock Analysis - Frequently Asked Questions

Should I buy or sell ABM Industries stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABM Industries in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ABM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABM, but not buy additional shares or sell existing shares.
View ABM analyst ratings
or view top-rated stocks.

What is ABM Industries' stock price target for 2024?

6 Wall Street research analysts have issued 1-year price objectives for ABM Industries' shares. Their ABM share price targets range from $40.00 to $53.00. On average, they anticipate the company's stock price to reach $45.20 in the next year. This suggests a possible upside of 12.4% 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 2024?

ABM Industries' stock was trading at $44.83 on January 1st, 2024. Since then, ABM shares have decreased by 10.3% and is now trading at $40.21.
View the best growth stocks for 2024 here
.

Are investors shorting ABM Industries?

ABM Industries saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 1,390,000 shares, a drop of 26.1% from the December 15th total of 1,880,000 shares. Based on an average trading volume of 489,100 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.2% 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 Wednesday, March 13th 2024.
View our ABM earnings forecast
.

How were ABM Industries' earnings last quarter?

ABM Industries Incorporated (NYSE:ABM) posted its earnings results on Wednesday, December, 13th. The business services provider reported $1.01 EPS for the quarter, beating the consensus estimate of $0.92 by $0.09. The business services provider had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.03 billion. ABM Industries had a net margin of 3.10% and a trailing twelve-month return on equity of 12.92%. ABM Industries's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.89 EPS.

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

ABM Industries declared a quarterly dividend on Wednesday, December 13th. Stockholders of record on Thursday, January 4th will be paid a dividend of $0.225 per share on Monday, February 5th. This represents a $0.90 annualized dividend and a yield of 2.24%. The ex-dividend date is Wednesday, January 3rd. This is a positive change from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for ABM
.

Is ABM Industries a good dividend stock?

ABM Industries (NYSE:ABM) pays an annual dividend of $0.90 per share and currently has a dividend yield of 2.24%. The company has been increasing its dividend for 57 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABM will have a dividend payout ratio of 25.07% 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 FY 2024 earnings guidance on Wednesday, December, 13th. The company provided earnings per share guidance of 3.200-3.400 for the period, compared to the consensus EPS estimate of 3.280. The company issued revenue guidance of -.

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).

Who are ABM Industries' major shareholders?

ABM Industries' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.46%), Copeland Capital Management LLC (1.68%), Norges Bank (1.11%), Charles Schwab Investment Management Inc. (1.01%), Principal Financial Group Inc. (0.54%) and Olstein Capital Management L.P. (0.39%). Insiders that own company stock include Andrea R Newborn, Andrea R Newborn, Art A Garcia, Dean A Chin, Joshua H Feinberg, Linda Chavez, Raul Javier Valentin, Rene Jacobsen, Scott B Salmirs and Scott B Salmirs.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ABM) was last updated on 2/12/2024 by MarketBeat.com Staff

My Account -