Abm Industries Incorporated Stock Today

ABM Stock  USD 44.41  0.67  1.53%   

Performance

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Odds Of Distress

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ABM Industries is selling at 44.41 as of the 28th of March 2024; that is 1.53% increase since the beginning of the trading day. The stock's lowest day price was 43.93. ABM Industries has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over 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 27th of February 2024 and ending today, the 28th of March 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 63.29 M outstanding shares of which 2.69 M shares are presently shorted by investors with about 5.16 days to cover. More on ABM Industries Incorporated

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ABM Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ABM Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ABM Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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
Analysts covering ABM Industries report their recommendations after researching ABM Industries' financial statements, talking to executives and customers, or listening in on ABM Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ABM Industries rporated. The ABM consensus assessment is calculated by taking the average forecast from all of the analysts covering ABM Industries.
Financial Strength
Based on the key indicators related to ABM Industries' liquidity, profitability, solvency, and operating efficiency, ABM Industries Incorporated may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of ABM Industries rporated is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05040.0586
Fairly Down
Slightly volatile
Asset Turnover2.861.89
Way Up
Slightly volatile
Gross Profit Margin0.140.1213
Fairly Up
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
ABM Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ABM Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on ABM Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ABM Industries deploys its capital and how much of that capital is borrowed.
Liquidity
ABM Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company 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 rporated 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. Debt can assist ABM Industries until it has trouble settling it off, either with new capital or with free cash flow. So, ABM Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ABM Industries rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ABM to invest in growth at high rates of return. When we think about ABM Industries' use of debt, we should always consider it together with cash and equity.

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 2.77 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 Industries rporated runs under Commercial Services & Supplies sector within Industrials industry. The entity has 63.29 M outstanding shares of which 2.69 M shares are presently shorted by investors with about 5.16 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 63.29 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 rporated 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 Price Odds Analysis

Contingent on a normal probability distribution, the odds of ABM Industries jumping above the current price in 90 days from now is about 6.21%. The ABM Industries Incorporated probability density function shows the probability of ABM Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6494. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ABM Industries will likely underperform. Additionally, aBM Industries Incorporated has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 44.41HorizonTargetOdds Above 44.41
93.69%90 days
 44.41 
6.21%
Based on a normal probability distribution, the odds of ABM Industries to move above the current price in 90 days from now is about 6.21 (This ABM Industries Incorporated probability density function shows the probability of ABM Stock to fall within a particular range of prices over 90 days) .

ABM Stock Institutional Holders

Institutional Holdings refers to the ownership stake in ABM Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ABM Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ABM Industries' value.
InstituionRecorded OnShares
Amvescap Plc.2023-09-30
M
Silvercrest Asset Management Group Llc2023-09-30
M
Harris Associates L.p.2023-09-30
966 K
Northern Trust Corp2023-09-30
932.8 K
Morgan Stanley - Brokerage Accounts2023-09-30
892.4 K
William Blair Investment Management, Llc2023-09-30
843.4 K
Ameriprise Financial Inc2023-09-30
834.4 K
Bank Of New York Mellon Corp2023-09-30
759.6 K
Boston Partners Global Investors, Inc2023-09-30
750.1 K
Blackrock Inc2023-09-30
10.2 M
Vanguard Group Inc2023-09-30
M
View ABM Industries Diagnostics

ABM Industries Historical Income Statement

ABM Industries Incorporated Income Statement is one of the three primary financial statements used for reporting ABM's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ABM Industries rporated revenue and expense. ABM Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ABM Industries' Operating Income is very stable compared to the past year. As of the 28th of March 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

Picking the right benchmark for ABM Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ABM Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ABM Industries is critical whether you are bullish or bearish towards ABM Industries Incorporated at a given time. Please also check how ABM Industries' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ABM Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ABM Industries Corporate Directors

ABM Industries corporate directors refer to members of an ABM Industries board of directors. The board of directors generally takes responsibility for the ABM Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ABM Industries' board members must vote for the resolution. The ABM Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lauralee MartinIndependent DirectorProfile
William SteeleIndependent DirectorProfile
Donald ColleranIndependent DirectorProfile
Linda ChavezIndependent DirectorProfile

How to buy ABM Stock?

Before investing in ABM Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ABM Industries. To buy ABM Industries stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ABM Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ABM Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ABM Industries Incorporated stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ABM Industries Incorporated stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ABM Industries Incorporated, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ABM Stock please use our How to Invest in ABM Industries guide.

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 rporated 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 rporated 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 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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.