Abm Industries Incorporated Stock Price on December 18, 2024

ABM Stock  USD 51.04  0.32  0.62%   
Below is the normalized historical share price chart for ABM Industries Incorporated extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ABM Industries stands at 51.04, as last reported on the 29th of December, with the highest price reaching 51.89 and the lowest price hitting 50.60 during the day.
IPO Date
19th of July 1984
200 Day MA
50.9075
50 Day MA
55.0042
Beta
1.132
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ABM Stock, it is important to understand the factors that can impact its price. ABM Industries secures Sharpe Ratio (or Efficiency) of -0.0174, which signifies that the company had a -0.0174% return per unit of return volatility over the last 3 months. ABM Industries Incorporated exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABM Industries' Coefficient Of Variation of 5726.07, downside deviation of 2.03, and Mean Deviation of 1.2 to double-check the risk estimate we provide.
  
At this time, ABM Industries' Total Stockholder Equity is very stable compared to the past year. As of the 29th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 5.4 B, while Common Stock Total Equity is likely to drop about 530.2 K. . At this time, ABM Industries' Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 29th of December 2024, Price Cash Flow Ratio is likely to grow to 24.79, while Price To Sales Ratio is likely to drop 0.25. ABM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0174

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Estimated Market Risk

 1.72
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average ABM Industries is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ABM Industries by adding ABM Industries to a well-diversified portfolio.
Price Book
1.7818
Enterprise Value Ebitda
14.0303
Price Sales
0.3837
Shares Float
62 M
Wall Street Target Price
58.8333

ABM Industries Main Headline on 18th of December 2024

NEW YORK ABM Industries Inc. on Wednesday reported a fiscal fourth-quarter loss of 11.7 million, after reporting a profit in the same period a year earlier. On a per-share basis, the New York-based company said it had a loss of 19 cents.

ABM Industries Valuation on December 18, 2024

It is possible to determine the worth of ABM Industries on a given historical date. On December 18, 2024 ABM was worth 49.73 at the beginning of the trading date compared to the closed value of 50.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABM Industries stock. Still, in general, we apply an absolute valuation method to find ABM Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ABM Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABM Industries' related companies.
 Open High Low Close Volume
  56.32    56.55    54.67    54.91    435,917  
12/18/2024
  49.73    53.17    49.21    50.32    1,020,256  
  51.18    52.49    50.71    51.14    657,959  
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Open Value
49.73
50.32
Closing Value
54.90
Upside

ABM Industries Trading Date Momentum on December 18, 2024

On December 19 2024 ABM Industries Incorporated was traded for  51.14  at the closing time. Highest ABM Industries's price during the trading hours was 52.49  and the lowest price during the day was  50.71 . The net volume was 658 K. The overall trading history on the 19th of December contributed to the next trading period price boost. The overall trading delta to the next next day price was 1.63% . The overall trading delta to current price is 1.19% .

ABM Industries Fundamentals Correlations and Trends

By evaluating ABM Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ABM Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABM financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ABM Industries Stock history

ABM Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ABM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABM Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ABM Industries stock prices may prove useful in developing a viable investing in ABM Industries
Last ReportedProjected for Next Year
Common Stock Shares Outstanding63.6 M53.6 M
Net Income Applicable To Common Shares289 M303.4 M

ABM Industries Quarterly Net Working Capital

477.3 Million

ABM Industries Stock Technical Analysis

ABM Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ABM Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ABM Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ABM Industries Period Price Range

Low
December 29, 2024
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High

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ABM Industries Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ABM Industries December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how ABM Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABM Industries shares will generate the highest return on investment. By undertsting and applying ABM Industries stock market strength indicators, traders can identify ABM Industries Incorporated entry and exit signals to maximize returns

ABM Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ABM Industries' price direction in advance. Along with the technical and fundamental analysis of ABM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether ABM Industries is a strong investment it is important to analyze ABM Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ABM Industries' future performance. For an informed investment choice regarding ABM Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABM Industries Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABM Industries. If investors know ABM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABM Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
1.28
Revenue Per Share
129.802
Quarterly Revenue Growth
0.033
Return On Assets
0.0327
The market value of ABM Industries is measured differently than its book value, which is the value of ABM that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if ABM Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.