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

ABM Industries (NYSE:ABM) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.850-4.15 for the period, compared to the consensus EPS estimate of 4.010. The company issued revenue guidance of -.

ABM Industries Stock Performance

ABM Industries stock opened at $45.88 on Wednesday. The firm has a fifty day simple moving average of $43.85 and a two-hundred day simple moving average of $46.05. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.82. ABM Industries has a twelve month low of $40.00 and a twelve month high of $56.54. The company has a market capitalization of $2.81 billion, a PE ratio of 24.93 and a beta of 0.74.

ABM Industries (NYSE:ABM) last released its quarterly earnings data on Wednesday, December 17th. The business services provider reported $0.88 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.22). ABM Industries had a return on equity of 12.12% and a net margin of 1.34%.The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.28 billion. ABM Industries has set its FY 2026 guidance at 3.850-4.15 EPS. Research analysts expect that ABM Industries will post 3.71 EPS for the current year.

ABM Industries declared that its Board of Directors has approved a share buyback program on Friday, September 5th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to purchase up to 5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of research firms recently commented on ABM. Wall Street Zen lowered shares of ABM Industries from a “buy” rating to a “hold” rating in a report on Saturday. Robert W. Baird restated a “neutral” rating and issued a $54.00 target price (down previously from $56.00) on shares of ABM Industries in a research note on Monday, September 8th. Baird R W lowered ABM Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 8th. UBS Group increased their price target on shares of ABM Industries from $54.00 to $55.00 and gave the stock a “buy” rating in a research note on Monday, September 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of ABM Industries in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, ABM Industries presently has an average rating of “Hold” and an average target price of $55.67.

Institutional Investors Weigh In On ABM Industries

Institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its stake in ABM Industries by 590.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 520 shares during the period. Quarry LP grew its stake in shares of ABM Industries by 667.0% during the 3rd quarter. Quarry LP now owns 882 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 767 shares during the period. Headlands Technologies LLC purchased a new stake in ABM Industries in the 2nd quarter worth approximately $94,000. Quadrant Capital Group LLC bought a new stake in ABM Industries during the 3rd quarter worth approximately $177,000. Finally, PharVision Advisers LLC purchased a new position in ABM Industries during the third quarter valued at approximately $236,000. Institutional investors own 91.62% of the company’s stock.

About ABM Industries

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.