ABM Industries Incorporated (ABM)

NYSE: ABM · IEX Real-Time Price · USD
38.60
+0.27 (0.70%)
Sep 27, 2022 10:43 AM EDT - Market open
0.70%
Market Cap 2.55B
Revenue (ttm) 7.49B
Net Income (ttm) 215.90M
Shares Out 66.15M
EPS (ttm) 3.18
PE Ratio 12.14
Forward PE n/a
Dividend $0.78 (2.01%)
Ex-Dividend Date Oct 5, 2022
Volume 38,018
Open 38.53
Previous Close 38.33
Day's Range 38.21 - 38.85
52-Week Range 37.90 - 54.00
Beta 1.03
Analysts Buy
Price Target 59.16 (+53.3%)
Earnings Date Sep 9, 2022

About ABM

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company operates through Business & Industry, Technology & Manufacturing, Education, Aviation, and Technical Solutions segments. It provides janitorial, facilities engineering, parking, custodial, landscaping and ground, and mechanical and electrical services; and vehicle maintenance and other services to rental car providers. The company was incorporated in 1985 and is based in New York, New York. [Read more...]

Industry Commercial Services & Supplies
Founded 1909
CEO Scott Salmirs
Employees 124,000
Stock Exchange NYSE
Ticker Symbol ABM
Full Company Profile

Financial Performance

In 2021, ABM Industries's revenue was $6.23 billion, an increase of 4.02% compared to the previous year's $5.99 billion. Earnings were $126.30 million, an increase of 42,000.00%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for ABM stock is "Buy." The 12-month stock price forecast is 59.16, which is an increase of 53.26% from the latest price.

Price Target
$59.16
(53.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

7 Stocks to Buy Before They Crush Q3 Earnings

Today's article introduces seven robust stocks to buy ahead of earnings. Given the unprecedented tightening by the Federal Reserve, investors are worried that the overall corporate profitability could f...

Other symbols: BGEBAYHCAIVENOMDTRV
1 day ago - InvestorPlace

Strategic Buyouts Aid ABM Industries (ABM), Debt Load Ails

ABM Industries (ABM) benefits from pro-investor efforts and strategic buyouts. However, low liquidity is a headwind.

1 week ago - Zacks Investment Research

ABM Wins Prestigious Innovative Facility of the Year Award at 2022 NPA Innovation Awards

ABM's parking team honored with parking industry's highest honor for its innovative smart parking implementation for Los Angeles World Airports. ABM's parking team honored with parking industry's highes...

1 week ago - GlobeNewsWire

ABM Industries (ABM) Beats on Q3 Earnings, Tapers FY22 EPS View

ABM Industries' (ABM) third-quarter fiscal 2022 earnings and revenues rise from the respective year-ago fiscal quarter???s reported number.

2 weeks ago - Zacks Investment Research

Is ABM Industries (ABM) Outperforming Other Business Services Stocks This Year?

Here is how ABM Industries (ABM) and ExlService Holdings (EXLS) have performed compared to their sector so far this year.

2 weeks ago - Zacks Investment Research

Should Value Investors Buy ABM Industries (ABM) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 weeks ago - Zacks Investment Research

ABM Industries (ABM) Surpasses Q3 Earnings and Revenue Estimates

ABM Industries (ABM) delivered earnings and revenue surprises of 3.30% and 1.84%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

ABM Reports Third Quarter Fiscal 2022 Results and Updates Guidance for Full Year Adjusted EPS

NEW YORK, Sept. 09, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2022.

2 weeks ago - GlobeNewsWire

Jim DeVries Elected to ABM's Board of Directors

NEW YORK, Sept. 07, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) a leading provider of integrated facility services and solutions, today announced the appointment of James “Jim” DeVries, President and Chief...

2 weeks ago - GlobeNewsWire

ABM Industries (ABM) Reports Next Week: Wall Street Expects Earnings Growth

ABM Industries (ABM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

ABM Completes Acquisition of RavenVolt, Inc.

NEW YORK, Sept. 01, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) a leading provider of integrated facility services and solutions, announced today that it has completed the previously announced acquisition ...

3 weeks ago - GlobeNewsWire

Can ABM Industries (ABM) Keep the Earnings Surprise Streak Alive?

ABM Industries (ABM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 weeks ago - Zacks Investment Research

ABM Industries (ABM) Upgraded to Buy: Here's What You Should Know

ABM Industries (ABM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

1 month ago - Zacks Investment Research

Are Investors Undervaluing ABM Industries (ABM) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Has ABM Industries (ABM) Outpaced Other Business Services Stocks This Year?

Here is how ABM Industries (ABM) and ExlService Holdings (EXLS) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Here's Why You Should Retain ABM Industries' (ABM) Stock

Shareholder-friendly measures boost ABM Industries' (ABM) prospects. However, its decreasing current ratio is a headwind.

1 month ago - Zacks Investment Research

ABM Industries (ABM) Announces the Acquisition of RavenVolt

The acquisition is part of ABM's ELEVATE strategy that focuses on expanding the company's footprint in potential geographies and end markets through strategic acquisitions.

1 month ago - Zacks Investment Research

ABM Broadens Its Technical Solutions Capabilities With Acquisition of Rapidly Expanding RavenVolt

NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services and solutions, today announced it has entered into a definitive agreement to acquire Raven...

1 month ago - GlobeNewsWire

ABM Announces Expanded Partnership at O'Hare

City of Chicago selects global facility service provider ABM to bring clean and sustainable protocols, efficiency and transparency to airport operations City of Chicago selects global facility service p...

1 month ago - GlobeNewsWire

Is ABM Industries (ABM) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

ABM Redefines Parking Infrastructure and Driver Experience with Debut of ABMVantage Integrated Mobility Solution

New data-enabled, driver-first mobility solution by ABM, one of the nation's largest parking service providers, accelerates industry innovation with a fully integrated, tech-forward offering that propel...

2 months ago - GlobeNewsWire

2 Industrial Stocks You Can Buy and Hold for the Next Decade

Recession fears make these two industrial powerhouses perfect picks to buy and forget.

Other symbols: EMR
2 months ago - The Motley Fool

Are Business Services Stocks Lagging ABM Industries (ABM) This Year?

Here is how ABM Industries (ABM) and CRA International (CRAI) have performed compared to their sector so far this year.

2 months ago - Zacks Investment Research

ABM “Revving Up” for the 2022 IPMI Parking & Mobility Conference & Expo

One of the nation's largest parking services providers, ABM is set to showcase innovative “driver first” smart parking and EV solutions for greater efficiency, new revenue streams and overall better par...

2 months ago - GlobeNewsWire

ABM Creates Projected Savings of $3.1 Million for Fredericksburg City Public Schools to Support Community's Energy Re...

NEW YORK, July 14, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, announced the initiation of an Energy Performance Contracting program for Fredericksburg City Publi...

2 months ago - GlobeNewsWire