ABM Industries Incorporated (ABM)

NYSE: ABM · Real-Time Price · USD
55.58
+0.22 (0.40%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.40%
Market Cap 3.49B
Revenue (ttm) 8.27B
Net Income (ttm) 155.90M
Shares Out 62.79M
EPS (ttm) 2.43
PE Ratio 22.89
Forward PE 15.71
Dividend $0.90 (1.62%)
Ex-Dividend Date Oct 3, 2024
Volume 161,690
Open 55.46
Previous Close 55.36
Day's Range 54.91 - 55.65
52-Week Range 39.64 - 59.78
Beta 1.13
Analysts Hold
Price Target 55.33 (-0.45%)
Earnings Date Dec 11, 2024

About 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 ... [Read more]

Sector Industrials
Founded 1909
Employees 123,000
Stock Exchange NYSE
Ticker Symbol ABM
Full Company Profile

Financial Performance

In 2023, ABM Industries's revenue was $8.10 billion, an increase of 3.71% compared to the previous year's $7.81 billion. Earnings were $251.30 million, an increase of 9.07%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for ABM stock is "Hold." The 12-month stock price forecast is $55.33, which is a decrease of -0.45% from the latest price.

Price Target
$55.33
(-0.45% downside)
Analyst Consensus: Hold
Stock Forecasts

News

ABM and Mainspring Energy Sign Strategic Partnership

Mainspring's Linear Generator technology expands ABM's growing portfolio of turnkey commercial fleet EV Charging and Power Resiliency infrastructure solutions Mainspring's Linear Generator technology ...

27 days ago - GlobeNewsWire

ABM Announces Appointment of New General Counsel

EVP General Counsel Andrea Newborn retiring; to be succeeded by current SVP and Deputy General Counsel Miranda Tolar EVP General Counsel Andrea Newborn retiring; to be succeeded by current SVP and Dep...

4 weeks ago - GlobeNewsWire

Undervalued Dividend Kings: October 2024

Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for pote...

6 weeks ago - Seeking Alpha

ABM Industries: Sailing Secular Tailwinds With Its Resilient, Capital-Lite Ship

ABM Industries is a $3.2 billion leader in integrated facility-related services, specializing in diverse sectors like healthcare, microgrids, data centers, air cabin maintenance, and other end markets...

6 weeks ago - Seeking Alpha

ABM Industries: The Recent Pullback Could Be A Good Entry Point For A Long Position

The recent 10% share price drop following Q3 earnings presents a potential buying opportunity due to solid fundamentals and nonrecurring headwinds. Net income dropped 95% YoY, mainly due to a $73.2M a...

6 weeks ago - Seeking Alpha

UGI Corporation Appoints Melanie Ruiz and David Bingenheimer to its Board of Directors

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) announced today that Melanie Ruiz and David Bingenheimer were appointed as directors of UGI Corporation, effective November 1, 2024. Ms....

Other symbols: UGI
7 weeks ago - Business Wire

ABM Industries, Inc. (ABM) Q3 2024 Earnings Call Transcript

ABM Industries, Inc. (NYSE:ABM) Q3 2024 Earnings Conference Call September 6, 2024 8:30 AM ET Company Participants Paul Goldberg - Senior Vice President, Investor Relations Scott Salmirs - President ...

2 months ago - Seeking Alpha

ABM Reports Third Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS

NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2024.

2 months ago - GlobeNewsWire

ABM to Announce Third Quarter 2024 Financial Results

NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) , a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal third quarte...

3 months ago - GlobeNewsWire

ABM Awarded NASPO ValuePoint® Contract for EV Charging Infrastructure Solutions

National contract enables state and local governments to easily and cost-effectively engage ABM's industry-leading single-source eMobility solutions portfolio National contract enables state and local...

3 months ago - GlobeNewsWire

ABM Among 60 Best Companies to Sell For

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named one...

4 months ago - GlobeNewsWire

Bryan Herta Autosport Partners with ABM to Showcase EV Capabilities at Pikes Peak International Hill Climb

Top American auto racing team taps ABM's EV charging solutions to power ambitions for record-breaking run Top American auto racing team taps ABM's EV charging solutions to power ambitions for record-b...

5 months ago - GlobeNewsWire

Top 4 Industrials Stocks That May Crash This Quarter

As of June 12, 2024, four stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: AMSCSRCLVRSK
5 months ago - Benzinga

ABM Announces Partnership with Phoenix's Three Airports

Leading facility solutions provider to provide janitorial services across Phoenix Sky Harbor International Airport (PHX), Deer Valley Airport (DVT), and Goodyear Airport (GYR) in landmark five-year pa...

5 months ago - GlobeNewsWire

ABM and Rezcomm Collaborate to Enhance ABM Vantage™ Smart Parking Platform

Industry-leading ABM Vantage platform with enhanced Rezcomm technology and scalability to be showcased at 2024 IPMI Parking & Mobility Expo Industry-leading ABM Vantage platform with enhanced Rezcomm ...

5 months ago - GlobeNewsWire

ABM Industries, Inc. (ABM) Q2 2024 Earnings Call Transcript

ABM Industries, Inc. (NYSE:ABM) Q2 2024 Earnings Conference Call June 6, 2024 8:30 AM ET Company Participants Paul Goldberg - SVP, IR Scott Salmirs - President & CEO Earl Ellis - EVP & CFO Conference...

5 months ago - Seeking Alpha

ABM Reports Second Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS

NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the second quarter of fiscal 2024.

5 months ago - GlobeNewsWire

ABM Named Among Barron's 100 Most Sustainable Companies for Second Consecutive Year

NEW YORK, May 31, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named by B...

6 months ago - GlobeNewsWire

Utica University Selects ABM to Transform Campus-wide Facilities Management

ABM will deliver holistic “one team” approach to create an enhanced learning environment that is clean, healthy and efficient ABM will deliver holistic “one team” approach to create an enhanced learni...

6 months ago - GlobeNewsWire

ABM President and CEO, Scott Salmirs, Awarded Top Spot on Empower Advocates 2024 Role Model List

NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, announced today that Scott Salmirs, Pr...

6 months ago - GlobeNewsWire

7 Stock Picks for A Boring Market

The stock market has risen without much volatility. Quiet days favor stocks such as Citigroup, Comerica, Carnival, ABM, Synchrony, Cleveland Cliffs, and Goodyear, says 22V Research.

Other symbols: CCCLCLFCMAGTSYF
6 months ago - Barrons

ABM to Announce Second Quarter 2024 Financial Results

NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) , a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal second quarte...

6 months ago - GlobeNewsWire

ABM Expands Industry-leading EV Infrastructure Capabilities to Service Fleets Across the Private and Public Sectors

Amid sustained EV industry growth, ABM's turnkey eMobility solutions for fleet electrification to be showcased at ACT Expo May 20 to 23 Amid sustained EV industry growth, ABM's turnkey eMobility solut...

6 months ago - GlobeNewsWire

ABM Industries: Good Execution, Attractive Valuation Makes Me Positive On The Stock (Rating Upgrade)

ABM Industries is executing well despite challenges in the commercial office market. The company's revenues grew by 3.9% Y/Y, driven by net new business and expansion in various segments, including Av...

6 months ago - Seeking Alpha

ABM Recognized as One of the Best Places to Work in Healthcare

NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, has been recognized as one of the 2024...

6 months ago - GlobeNewsWire