Abm Industries Incorporated Stock Analysis
ABM Stock | USD 43.80 0.16 0.37% |
ABM Industries Incorporated is fairly valued with Real Value of 44.85 and Target Price of 46.8. The main objective of ABM Industries stock analysis is to determine its intrinsic value, which is an estimate of what ABM Industries Incorporated is worth, separate from its market price. There are two main types of ABM Industries' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ABM Industries' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ABM Industries' stock to identify patterns and trends that may indicate its future price movements.
The ABM Industries stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ABM Industries is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. ABM Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ABM Industries' ongoing operational relationships across important fundamental and technical indicators.
ABM |
ABM Stock Analysis Notes
About 93.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. ABM Industries rporated last dividend was issued on the 3rd of April 2024. The entity had 2:1 split on the 7th of May 2002. 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. It employs 124000 people. For more info on ABM Industries Incorporated please contact Scott Salmirs at 212 297 0200 or go to https://www.abm.com.ABM Industries Quarterly Total Revenue |
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ABM Industries rporated Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ABM Industries' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ABM Industries Incorporated or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
ABM Industries has a strong financial position based on the latest SEC filings | |
Over 93.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from zacks.com: Equifax to Post Q1 Earnings Whats in the Offing |
ABM Industries rporated Upcoming and Recent Events
Earnings reports are used by ABM Industries to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ABM Industries previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
13th of March 2024 Upcoming Quarterly Report | View | |
4th of June 2024 Next Financial Report | View | |
31st of January 2024 Next Fiscal Quarter End | View | |
11th of December 2024 Next Fiscal Year End | View | |
31st of October 2023 Last Quarter Report | View | |
31st of October 2023 Last Financial Announcement | View |
ABM Largest EPS Surprises
Earnings surprises can significantly impact ABM Industries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2006-03-29 | 2006-01-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2002-03-12 | 2002-01-31 | 0.18 | 0.16 | -0.02 | 11 | ||
2000-03-13 | 2000-01-31 | 0.16 | 0.14 | -0.02 | 12 |
ABM Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ABM Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ABM Industries Incorporated backward and forwards among themselves. ABM Industries' institutional investor refers to the entity that pools money to purchase ABM Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Copeland Capital Management, Llc | 2023-12-31 | 1.1 M | Silvercrest Asset Management Group Llc | 2023-12-31 | 1 M | Harris Associates L.p. | 2023-12-31 | 953.9 K | Northern Trust Corp | 2023-12-31 | 921.1 K | Jpmorgan Chase & Co | 2023-12-31 | 901.4 K | William Blair Investment Management, Llc | 2023-12-31 | 827.1 K | Bank Of America Corp | 2023-12-31 | 779.6 K | Ameriprise Financial Inc | 2023-12-31 | 730.1 K | Millennium Management Llc | 2023-12-31 | 710.7 K | Blackrock Inc | 2023-12-31 | 10.7 M | Vanguard Group Inc | 2023-12-31 | 8 M |
ABM Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ABM Industries's market, we take the total number of its shares issued and multiply it by ABM Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.ABM Profitablity
ABM Industries' profitability indicators refer to fundamental financial ratios that showcase ABM Industries' ability to generate income relative to its revenue or operating costs. If, let's say, ABM Industries is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ABM Industries' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of ABM Industries' profitability requires more research than a typical breakdown of ABM Industries' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.11 | 0.05 | |
Return On Capital Employed | 0.13 | 0.12 | |
Return On Assets | 0.06 | 0.05 | |
Return On Equity | 0.16 | 0.11 |
Management Efficiency
ABM Industries rporated has Return on Asset of 0.0434 % which means that on every $100 spent on assets, it made $0.0434 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1447 %, implying that it generated $0.1447 on every 100 dollars invested. ABM Industries' management efficiency ratios could be used to measure how well ABM Industries manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Tangible Assets is likely to drop to 0.05. In addition to that, Return On Capital Employed is likely to drop to 0.12. At this time, ABM Industries' Asset Turnover is very stable compared to the past year.Last Reported | Projected for Next Year | ||
Book Value Per Share | 24.43 | 25.65 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | (17.25) | (16.38) | |
Enterprise Value Over EBITDA | 6.71 | 7.42 | |
Price Book Value Ratio | 1.30 | 1.32 | |
Enterprise Value Multiple | 6.71 | 7.42 | |
Price Fair Value | 1.30 | 1.32 | |
Enterprise Value | 948.8 M | 996.3 M |
The analysis of ABM Industries' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze ABM Industries' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of ABM Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0203 | Forward Dividend Yield 0.0203 | Forward Dividend Rate 0.9 | Beta 1.147 |
Technical Drivers
As of the 18th of April 2024, ABM Industries shows the Downside Deviation of 1.38, coefficient of variation of 2011.07, and Mean Deviation of 1.06. ABM Industries rporated technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for ABM Industries Incorporated, which can be compared to its peers. Please confirm ABM Industries rporated treynor ratio, and the relationship between the variance and potential upside to decide if ABM Industries rporated is priced adequately, providing market reflects its regular price of 43.8 per share. Given that ABM Industries has jensen alpha of 0.0093, we suggest you to validate ABM Industries Incorporated's prevailing market performance to make sure the company can sustain itself in the future.ABM Industries rporated Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ABM Industries middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ABM Industries rporated. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ABM Industries rporated Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ABM Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on ABM Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ABM Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Dean Chin over three weeks ago Disposition of 5465 shares by Dean Chin of ABM Industries at 44.89 subject to Rule 16b-3 | ||
Winifred Webb over two months ago Acquisition by Winifred Webb of tradable shares of ABM Industries subject to Rule 16b-3 | ||
Winifred Webb over three months ago Acquisition by Winifred Webb of 3695 shares of ABM Industries subject to Rule 16b-3 | ||
Winifred Webb over three months ago Acquisition by Winifred Webb of tradable shares of ABM Industries subject to Rule 16b-3 | ||
Winifred Webb over six months ago Acquisition by Winifred Webb of tradable shares of ABM Industries subject to Rule 16b-3 | ||
Winifred Webb over a year ago Acquisition by Winifred Webb of tradable shares of ABM Industries subject to Rule 16b-3 |
ABM Industries Predictive Daily Indicators
ABM Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ABM Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ABM Industries Corporate Filings
8K | 27th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 26th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 25th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
15th of February 2024 Other Reports | ViewVerify | |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 9th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 7th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
ABM Industries Forecast Models
ABM Industries' time-series forecasting models are one of many ABM Industries' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ABM Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ABM Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ABM Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ABM shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ABM Industries. By using and applying ABM Stock analysis, traders can create a robust methodology for identifying ABM entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.05 | 0.03 | |
Operating Profit Margin | 0.05 | 0.02 | |
Net Profit Margin | 0.03 | 0.01 | |
Gross Profit Margin | 0.12 | 0.14 |
Current ABM Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ABM analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ABM analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
46.8 | Buy | 8 | Odds |
Most ABM analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ABM stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ABM Industries rporated, talking to its executives and customers, or listening to ABM conference calls.
ABM Stock Analysis Indicators
ABM Industries Incorporated stock analysis indicators help investors evaluate how ABM Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ABM Industries shares will generate the highest return on investment. By understating and applying ABM Industries stock analysis, traders can identify ABM Industries position entry and exit signals to maximize returns.
Begin Period Cash Flow | 73 M | |
Long Term Debt | 1.3 B | |
Common Stock Shares Outstanding | 66.3 M | |
Total Stockholder Equity | 1.8 B | |
Total Cashflows From Investing Activities | -62.1 M | |
Tax Provision | 79.7 M | |
Quarterly Earnings Growth Y O Y | 0.207 | |
Property Plant And Equipment Net | 244.9 M | |
Cash And Short Term Investments | 69.5 M | |
Cash | 69.5 M | |
Accounts Payable | 299.1 M | |
Net Debt | 1.4 B | |
50 Day M A | 42.3068 | |
Total Current Liabilities | 1.2 B | |
Other Operating Expenses | 7.7 B | |
Non Current Assets Total | 3.2 B | |
Forward Price Earnings | 13.21 | |
Non Currrent Assets Other | 70 M | |
Stock Based Compensation | 30.5 M |
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the ABM Industries rporated information on this page should be used as a complementary analysis to other ABM Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for ABM Stock analysis
When running ABM Industries' price analysis, check to measure ABM Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
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Is ABM Industries' industry 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 0.207 | Dividend Share 0.885 | Earnings Share 3.91 | Revenue Per Share 125.187 | Quarterly Revenue Growth 0.039 |
The market value of ABM Industries rporated 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.