ABM Industries (NYSE:ABM – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.850-4.150 for the period, compared to the consensus EPS estimate of 4.030. The company issued revenue guidance of -.
ABM Industries Trading Down 1.1%
ABM stock opened at $40.84 on Thursday. ABM Industries has a twelve month low of $39.12 and a twelve month high of $52.94. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 16.08 and a beta of 0.73. The company has a quick ratio of 1.48, a current ratio of 1.50 and a debt-to-equity ratio of 0.93. The firm’s fifty day simple moving average is $44.75 and its two-hundred day simple moving average is $44.75.
ABM Industries (NYSE:ABM – Get Free Report) last issued its earnings results on Tuesday, March 10th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.19 billion. ABM Industries had a net margin of 1.78% and a return on equity of 11.77%. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 earnings per share. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. As a group, analysts anticipate that ABM Industries will post 3.71 earnings per share for the current year.
ABM Industries Announces Dividend
Wall Street Analyst Weigh In
Several brokerages recently issued reports on ABM. Maxim Group raised ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Wednesday. Truist Financial cut their price target on ABM Industries from $47.00 to $45.00 and set a “hold” rating on the stock in a research note on Wednesday. Wall Street Zen cut shares of ABM Industries from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Robert W. Baird reduced their price target on shares of ABM Industries from $52.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ABM Industries in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $46.25.
Check Out Our Latest Report on ABM Industries
Insider Activity
In related news, COO Rene Jacobsen sold 31,034 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $44.12, for a total value of $1,369,220.08. Following the completion of the transaction, the chief operating officer directly owned 51,714 shares of the company’s stock, valued at $2,281,621.68. This trade represents a 37.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.90% of the stock is currently owned by company insiders.
Key Headlines Impacting ABM Industries
Here are the key news stories impacting ABM Industries this week:
- Positive Sentiment: Maxim Group upgraded ABM from “hold” to “buy” and set a $50 price target, signaling some analyst conviction in recovery potential. Maxim Upgrade
- Positive Sentiment: Board declared a quarterly dividend of $0.29 (annualized yield ~2.8%); ex-dividend date April 2 — supports income investors and can steady demand.
- Positive Sentiment: Revenue beat: Q1 revenue $2.24B topped estimates and organic revenue grew ~6.1%; ABM highlights technology/large‑venue expansion (e.g., Phillies deal) and the WGNSTAR acquisition to strengthen semiconductor services, which could drive higher‑margin opportunities. Phillies Deal WGNSTAR/Guidance
- Neutral Sentiment: Company reaffirmed FY‑2026 EPS guidance of $3.85–$4.15, showing management confidence in the plan but the midpoint is modestly below the Street consensus (~$4.03), leaving room for mixed investor interpretation. Press Release
- Neutral Sentiment: Q1 earnings call and transcript provide detail on margin pressure drivers and the integration plan for WGNSTAR — useful for investors modeling margin recovery timelines. Earnings Transcript
- Negative Sentiment: EPS miss: ABM reported $0.83 EPS vs. $0.87 expected. The earnings shortfall (despite the revenue beat) pressured the stock as investors focus on margins and profitability. Earnings Miss
- Negative Sentiment: Multiple analysts cut price targets (UBS, Truist, Robert W. Baird moved targets down toward $45) and issued neutral/hold ratings, reducing near‑term upside expectations and amplifying selling pressure. Analyst Actions
- Negative Sentiment: Market reaction: coverage and headlines note the stock sliding to a ~52‑week low after the print, reflecting short‑term investor disappointment on the EPS miss and guidance implications. 52-Week Low
Institutional Investors Weigh In On ABM Industries
Several hedge funds have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd raised its position in shares of ABM Industries by 590.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock worth $28,000 after acquiring an additional 520 shares during the period. Quarry LP boosted its position in ABM Industries by 667.0% during the third quarter. Quarry LP now owns 882 shares of the business services provider’s stock worth $41,000 after purchasing an additional 767 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in ABM Industries during the fourth quarter worth approximately $57,000. Headlands Technologies LLC acquired a new stake in ABM Industries in the second quarter valued at approximately $94,000. Finally, Quadrant Capital Group LLC purchased a new stake in shares of ABM Industries in the third quarter valued at approximately $177,000. 91.62% of the stock is owned by hedge funds and other institutional investors.
ABM Industries Company Profile
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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