ABM Industries (NYSE:ABM) Issues FY 2026 Earnings Guidance

ABM Industries (NYSE:ABMGet Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 3.850-4.150 for the period, compared to the consensus EPS estimate of 3.950. The company issued revenue guidance of -.

ABM Industries Trading Up 6.1%

Shares of ABM stock opened at $42.33 on Friday. ABM Industries has a 52-week low of $36.96 and a 52-week high of $50.12. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.50 and a current ratio of 1.50. The firm has a market capitalization of $2.48 billion, a PE ratio of 16.28 and a beta of 0.71. The stock has a fifty day simple moving average of $39.61 and a two-hundred day simple moving average of $42.17.

ABM Industries (NYSE:ABMGet Free Report) last issued its quarterly earnings results on Friday, June 5th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.02). ABM Industries had a return on equity of 11.77% and a net margin of 1.78%.The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.21 billion. During the same quarter in the previous year, the company posted $0.86 EPS. The company’s quarterly revenue was up 8.4% on a year-over-year basis. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. On average, analysts predict that ABM Industries will post 3.94 EPS for the current fiscal year.

ABM Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, July 2nd. ABM Industries’s dividend payout ratio is 45.67%.

Wall Street Analysts Forecast Growth

ABM has been the subject of several research reports. UBS Group dropped their price objective on shares of ABM Industries from $51.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Maxim Group raised shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Wednesday, March 11th. Truist Financial lowered their price target on shares of ABM Industries from $47.00 to $45.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Robert W. Baird reduced their price objective on shares of ABM Industries from $52.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. Finally, Weiss Ratings lowered shares of ABM Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, ABM Industries currently has a consensus rating of “Hold” and an average target price of $46.25.

Read Our Latest Research Report on ABM Industries

More ABM Industries News

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Institutional Trading of ABM Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in ABM Industries by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,051,834 shares of the business services provider’s stock worth $171,394,000 after purchasing an additional 31,709 shares during the period. Invesco Ltd. raised its position in ABM Industries by 31.7% in the 3rd quarter. Invesco Ltd. now owns 2,390,863 shares of the business services provider’s stock worth $110,267,000 after purchasing an additional 575,273 shares during the period. Ameriprise Financial Inc. raised its position in ABM Industries by 419.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,111,320 shares of the business services provider’s stock worth $51,254,000 after purchasing an additional 897,402 shares during the period. Charles Schwab Investment Management Inc. raised its position in ABM Industries by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 720,668 shares of the business services provider’s stock worth $30,484,000 after purchasing an additional 10,147 shares during the period. Finally, Bank of America Corp DE raised its position in ABM Industries by 0.3% in the 2nd quarter. Bank of America Corp DE now owns 698,434 shares of the business services provider’s stock worth $32,973,000 after purchasing an additional 2,396 shares during the period. 91.62% of the stock is owned by hedge funds and other institutional investors.

ABM Industries Company Profile

(Get Free Report)

ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company’s core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting.

Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses.

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Earnings History and Estimates for ABM Industries (NYSE:ABM)

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