Abm Industries Incorporated Stock Today

ABM Stock  USD 56.99  0.19  0.33%   

Performance

1 of 100

 
Weak
 
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Weak

Odds Of Distress

Less than 6

 
High
 
Low
Low
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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ABM Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOScott Salmirs
Old Names[Athabasca Minerals Inc, ABM Solid S.A.]
Business ConcentrationEnvironmental & Facilities Services, Commercial & Professional Services, Industrials, NYSE Composite, SP Small-Cap 600, Industrials, Commercial Services & Supplies, Specialty Business Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05040.0586
Fairly Down
Slightly volatile
Asset Turnover2.871.89
Way Up
Slightly volatile
Gross Profit Margin0.140.16
Fairly Down
Slightly volatile
Net Debt1.7 B1.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.5 B1.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total AssetsB5.7 B
Sufficiently Up
Slightly volatile
Total Current Assets2.1 BB
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities293.8 M279.8 M
Sufficiently Up
Slightly volatile
Debt Levels
ABM 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.
Liquidity
ABM Industries Incorporated has 1.44 B in debt with debt to equity (D/E) ratio of 0.79, which is OK given its current industry classification. ABM Industries has a current ratio of 1.19, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for ABM to invest in growth at high rates of return.

Depreciation

145.75 Million
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 Allocation
ABM 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.
Check ABM Ownership Details

ABM Stock Institutional Holders

InstituionRecorded OnShares
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
View ABM Industries Diagnostics

ABM Industries Historical Income Statement

At this time, ABM Industries' Operating Income is very stable compared to the past year. As of the 28th of November 2024, EBIT is likely to grow to about 499.2 M, though Net Interest Income is likely to grow to (70.4 M). View More Fundamentals

ABM Stock Against Markets

ABM Industries Corporate Directors

Donald ColleranIndependent DirectorProfile
Linda ChavezIndependent DirectorProfile
Winifred WebbIndependent DirectorProfile
LeighAnne BakerIndependent DirectorProfile

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.