Abm Industries Incorporated Stock Today
ABM Stock | USD 56.99 0.19 0.33% |
Performance1 of 100
| Odds Of DistressLess than 6
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ABM Industries is selling at 56.99 as of the 28th of November 2024; that is 0.33 percent increase since the beginning of the trading day. The stock's lowest day price was 56.6. ABM Industries has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for ABM Industries Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Commercial & Professional Services | IPO Date 19th of July 1984 | Category Industrials |
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. The company has 62.79 M outstanding shares of which 1.1 M shares are presently shorted by investors with about 2.63 days to cover. More on ABM Industries Incorporated
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Follow Valuation Profit Patterns Odds of Bankruptcy
Fiscal Year End 11th of December 2024
ABM Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
CEO | Scott Salmirs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Names | [Athabasca Minerals Inc, ABM Solid S.A.] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Environmental & Facilities Services, Commercial & Professional Services, Industrials, NYSE Composite, SP Small-Cap 600, Industrials, Commercial Services & Supplies, Specialty Business Services, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsABM Industries can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ABM Industries' financial leverage. It provides some insight into what part of ABM Industries' total assets is financed by creditors.
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ABM Industries Incorporated (ABM) is traded on New York Stock Exchange in USA. It is located in One Liberty Plaza, New York, NY, United States, 10006 and employs 123,000 people. ABM Industries is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.57 B. ABM Industries runs under Commercial Services & Supplies sector within Industrials industry. The entity has 62.79 M outstanding shares of which 1.1 M shares are presently shorted by investors with about 2.63 days to cover.
ABM Industries Incorporated has about 73 M in cash with 243.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97.
Check ABM Industries Probability Of Bankruptcy
Ownership AllocationABM Industries holds a total of 62.79 Million outstanding shares. The majority of ABM Industries Incorporated outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in ABM Industries to benefit from reduced commissions. Thereupon, institutional investors are subject to a different set of regulations than regular investors in ABM Industries. Please pay attention to any change in the institutional holdings of ABM Industries Incorporated as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
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ABM Stock Institutional Holders
Instituion | Recorded On | Shares | |
Amvescap Plc. | 2024-06-30 | 1.1 M | |
Vulcan Value Partners, Llc | 2024-09-30 | 1 M | |
Jpmorgan Chase & Co | 2024-06-30 | 1 M | |
Silvercrest Asset Management Group Llc | 2024-06-30 | 961.7 K | |
William Blair Investment Management, Llc | 2024-09-30 | 799 K | |
Northern Trust Corp | 2024-09-30 | 793.8 K | |
Lsv Asset Management | 2024-09-30 | 790.5 K | |
Bank Of America Corp | 2024-06-30 | 782.7 K | |
Norges Bank | 2024-06-30 | 766.5 K | |
Blackrock Inc | 2024-06-30 | 10 M | |
Vanguard Group Inc | 2024-09-30 | 8.1 M |
ABM Industries Historical Income Statement
ABM Stock Against Markets
ABM Industries Corporate Directors
Donald Colleran | Independent Director | Profile | |
Linda Chavez | Independent Director | Profile | |
Winifred Webb | Independent Director | Profile | |
LeighAnne Baker | Independent Director | Profile |
Already Invested in ABM Industries Incorporated?
The danger of trading ABM Industries Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ABM Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ABM Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ABM Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.