ABM Industries (NYSE:ABM) Updates FY 2025 Earnings Guidance

ABM Industries (NYSE:ABM) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.650-3.800 for the period, compared to the consensus earnings per share estimate of 3.730. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Separately, UBS Group upped their price target on shares of ABM Industries from $55.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, December 19th.

ABM Industries Stock Performance

Shares of ABM opened at $45.52 on Thursday. The firm has a 50-day moving average price of $52.66 and a 200 day moving average price of $53.50. The firm has a market capitalization of $2.83 billion, a PE ratio of 35.84, a P/E/G ratio of 2.75 and a beta of 1.13. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.73. ABM Industries has a 52-week low of $41.51 and a 52-week high of $59.78.

ABM Industries (NYSE:ABM) last announced its earnings results on Wednesday, December 18th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.08 billion. ABM Industries had a net margin of 0.97% and a return on equity of 12.48%. ABM Industries’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.01 EPS. On average, sell-side analysts anticipate that ABM Industries will post 3.71 earnings per share for the current fiscal year.

ABM Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, April 3rd will be given a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 2.33%. ABM Industries’s dividend payout ratio is presently 83.46%.

Insider Activity at ABM Industries

In other news, COO Rene Jacobsen sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $52.84, for a total transaction of $528,400.00. Following the completion of the transaction, the chief operating officer now owns 87,808 shares in the company, valued at approximately $4,639,774.72. This trade represents a 10.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Dean A. Chin sold 4,281 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $52.36, for a total transaction of $224,153.16. Following the transaction, the chief accounting officer now owns 18,681 shares of the company’s stock, valued at approximately $978,137.16. This trade represents a 18.64 % decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by insiders.

ABM Industries Company Profile

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments.