Abm Industries Incorporated Stock Analysis

ABM Stock  USD 56.99  0.19  0.33%   
ABM Industries Incorporated is overvalued with Real Value of 51.07 and Target Price of 46.8. The main objective of ABM Industries stock analysis is to determine its intrinsic value, which is an estimate of what ABM Industries Incorporated is worth, separate from its market price. There are two main types of ABM Industries' stock analysis: fundamental analysis and technical analysis.
The ABM Industries stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ABM Industries is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. ABM Stock trading window is adjusted to America/New York timezone.
  
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.

ABM Stock Analysis Notes

About 94.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.96. Some equities with similar Price to Book (P/B) outperform the market in the long run. ABM Industries last dividend was issued on the 3rd of October 2024. The entity had 2:1 split on the 7th of May 2002. ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company was incorporated in 1985 and is based in New York, New York. ABM Industries operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 124000 people. For more info on ABM Industries Incorporated please contact Scott Salmirs at 212 297 0200 or go to https://www.abm.com.

ABM Industries Quarterly Total Revenue

2.09 Billion

ABM Industries Investment Alerts

Over 94.0% of the company shares are held by institutions such as insurance companies
On 4th of November 2024 ABM Industries paid $ 0.225 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: ABM Industries Incorporated A Bull Case Theory

ABM Industries Upcoming and Recent Events

13th of March 2024
Upcoming Quarterly Report
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4th of June 2024
Next Financial Report
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31st of January 2024
Next Fiscal Quarter End
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11th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
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31st of October 2023
Last Financial Announcement
View

ABM Largest EPS Surprises

Earnings surprises can significantly impact ABM Industries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2006-03-29
2006-01-310.070.080.0114 
2002-03-12
2002-01-310.180.16-0.0211 
2000-03-13
2000-01-310.160.14-0.0212 
View All Earnings Estimates

ABM Industries Environmental, Social, and Governance (ESG) Scores

ABM Industries' ESG score is a quantitative measure that evaluates ABM Industries' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of ABM Industries' operations that may have significant financial implications and affect ABM Industries' stock price as well as guide investors towards more socially responsible investments.

ABM Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Amvescap Plc.2024-06-30
1.1 M
Vulcan Value Partners, Llc2024-09-30
M
Jpmorgan Chase & Co2024-06-30
M
Silvercrest Asset Management Group Llc2024-06-30
961.7 K
William Blair Investment Management, Llc2024-09-30
799 K
Northern Trust Corp2024-09-30
793.8 K
Lsv Asset Management2024-09-30
790.5 K
Bank Of America Corp2024-06-30
782.7 K
Norges Bank2024-06-30
766.5 K
Blackrock Inc2024-06-30
10 M
Vanguard Group Inc2024-09-30
8.1 M
Note, although ABM Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ABM Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.57 B.

ABM Profitablity

The company has Net Profit Margin of 0.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.02 %, which entails that for every 100 dollars of revenue, it generated $0.02 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.11  0.05 
Return On Capital Employed 0.13  0.12 
Return On Assets 0.06  0.05 
Return On Equity 0.16  0.11 

Management Efficiency

ABM Industries has Return on Asset of 0.0327 % which means that on every $100 spent on assets, it made $0.0327 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0844 %, implying that it generated $0.0844 on every 100 dollars invested. ABM Industries' management efficiency ratios could be used to measure how well ABM Industries manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to drop to 0.05. In addition to that, Return On Capital Employed is likely to drop to 0.12. At this time, ABM Industries' Fixed Asset Turnover is very stable compared to the past year. As of the 28th of November 2024, Asset Turnover is likely to grow to 2.87, though Other Assets are likely to grow to (153.2 M).
Last ReportedProjected for Next Year
Book Value Per Share 24.54  25.77 
Tangible Book Value Per Share(17.32)(16.46)
Enterprise Value Over EBITDA 6.69  6.84 
Price Book Value Ratio 1.30  1.34 
Enterprise Value Multiple 6.69  6.84 
Price Fair Value 1.30  1.34 
Enterprise Value948.8 M996.3 M
ABM Industries' management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield
0.0157
Operating Margin
0.0179
Profit Margin
0.0188
Forward Dividend Yield
0.0157
Beta
1.132

Technical Drivers

As of the 28th of November, ABM Industries shows the Mean Deviation of 1.25, downside deviation of 2.06, and Coefficient Of Variation of 3634.43. ABM Industries technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Please confirm ABM Industries treynor ratio, and the relationship between the variance and potential upside to decide if ABM Industries is priced adequately, providing market reflects its regular price of 56.99 per share. Given that ABM Industries has jensen alpha of (0.11), we suggest you to validate ABM Industries Incorporated's prevailing market performance to make sure the company can sustain itself in the future.

ABM Industries Price Movement Analysis

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ABM Industries middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ABM Industries. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

ABM Industries Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ABM Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on ABM Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ABM Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

ABM Industries Outstanding Bonds

ABM Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ABM Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ABM bonds can be classified according to their maturity, which is the date when ABM Industries Incorporated has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

ABM Industries Predictive Daily Indicators

ABM Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ABM Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

ABM Industries Corporate Filings

13A
18th of October 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
17th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
16th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
13th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
6th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
26th of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
18th of July 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
16th of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

ABM Industries Forecast Models

ABM Industries' time-series forecasting models are one of many ABM Industries' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ABM Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About ABM Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how ABM Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ABM shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ABM Industries. By using and applying ABM Stock analysis, traders can create a robust methodology for identifying ABM entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.05  0.03 
Operating Profit Margin 0.05  0.02 
Net Profit Margin 0.03  0.01 
Gross Profit Margin 0.16  0.14 

Current ABM Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ABM analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ABM analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
46.8Buy8Odds
ABM Industries Incorporated current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ABM analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ABM stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ABM Industries, talking to its executives and customers, or listening to ABM conference calls.
ABM Analyst Advice Details

ABM Stock Analysis Indicators

ABM Industries Incorporated stock analysis indicators help investors 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 understating and applying ABM Industries stock analysis, traders can identify ABM Industries position entry and exit signals to maximize returns.
Begin Period Cash Flow73 M
Long Term Debt1.3 B
Common Stock Shares Outstanding66.3 M
Total Stockholder Equity1.8 B
Total Cashflows From Investing Activities-62.1 M
Tax Provision79.7 M
Quarterly Earnings Growth Y O Y-0.952
Property Plant And Equipment Net244.9 M
Cash And Short Term Investments69.5 M
Cash69.5 M
Accounts Payable299.1 M
Net Debt1.4 B
50 Day M A53.7394
Total Current Liabilities1.2 B
Other Operating Expenses7.7 B
Non Current Assets Total3.2 B
Forward Price Earnings16.0514
Non Currrent Assets Other-60.5 M
Stock Based Compensation30.5 M
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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)
Dividend Share
0.895
Earnings Share
2.42
Revenue Per Share
129.802
Quarterly Revenue Growth
0.033
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.