ABM Industries Incorporated (NYSE:ABM) Stock Has Consensus Price Target of $50.88

ABM Industries Incorporated (NYSE:ABM) has been given a consensus recommendation of “Hold” by the five research firms that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $50.88.

ABM has been the subject of several research analyst reports. UBS Group raised their price objective on ABM Industries from $45.00 to $51.50 and gave the stock a “neutral” rating in a research note on Wednesday, September 9th. Robert W. Baird upped their target price on ABM Industries from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Wednesday, September 9th. Truist Financial increased their price target on shares of ABM Industries from $45.00 to $49.00 and gave the stock a “hold” rating in a report on Monday, September 14th. Finally, Weiss Ratings raised shares of ABM Industries from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday.

ABM Industries Trading Up 0.8%

Shares of ABM Industries stock opened at $48.49 on Friday. The firm’s 50 day simple moving average is $48.35 and its two-hundred day simple moving average is $43.90. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 17.51, a PEG ratio of 1.34 and a beta of 0.64. ABM Industries has a 12-month low of $36.96 and a 12-month high of $51.29. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.97.

ABM Industries (NYSE:ABM) last posted its quarterly earnings data on Tuesday, September 8th. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. ABM Industries had a net margin of 1.82% and a return on equity of 12.46%. The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the firm posted $0.82 earnings per share. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. ABM Industries has set its FY 2026 guidance at 3.950-4.100 EPS. Analysts predict that ABM Industries will post 4 EPS for the current year.

ABM Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be paid a $0.29 dividend. The ex-dividend date is Thursday, October 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.4%. ABM Industries’s dividend payout ratio is presently 41.88%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of ABM Industries in the second quarter worth about $410,948,000. Pzena Investment Management LLC acquired a new stake in ABM Industries during the second quarter worth about $79,995,000. Norges Bank purchased a new position in ABM Industries during the fourth quarter valued at approximately $32,850,000. Bank of America Corp DE acquired a new position in ABM Industries in the second quarter valued at approximately $24,486,000. Finally, William Blair Investment Management LLC acquired a new position in ABM Industries in the second quarter valued at approximately $17,044,000. 91.62% of the stock is currently owned by institutional investors and hedge funds.

Key ABM Industries News

Here are the key news stories impacting ABM Industries this week:

• Positive Sentiment: ABM opened a semiconductor technical training facility in Boise, Idaho. The center is intended to develop specialized workers for semiconductor-related operations, potentially strengthening ABM’s position in a growing end market and supporting future revenue opportunities. ABM launches semiconductor technical training facility in Boise, Idaho
• Positive Sentiment: A valuation analysis suggests ABM could be approximately 13% undervalued following the Boise facility opening. This may reinforce the view that the stock’s recent performance has not fully reflected its growth opportunities, although the estimate is an analytical opinion rather than company guidance. ABM Industries Could Be 13% Undervalued Following Its Boise Training Center Opening
• Neutral Sentiment: ABM’s dividend was the subject of a fresh analysis. Dividend-focused investors are evaluating the company’s payout and income-investment characteristics, but the available report does not indicate a change to the dividend or provide a clear new catalyst. ABM Industries Inc’s Dividend Analysis
• Negative Sentiment: Zacks Research made broad reductions to its ABM earnings outlook, including FY2027 EPS from $4.30 to $4.23 and FY2028 EPS from $4.55 to $4.49. Estimates for Q1 2027, Q3 2027, Q1 2028, Q2 2028 and Q3 2028 were also trimmed. These revisions imply somewhat softer expected earnings momentum and could weigh on sentiment.
• Positive Sentiment: The estimate changes were not uniformly negative: Zacks raised FY2026 EPS to $3.99 from $3.92 and Q4 2027 EPS to $1.23 from $1.21. However, those increases only partly offset the broader reductions, leaving the overall earnings-estimate signal mixed to mildly negative.

About ABM Industries

ABM Industries Incorporated (NYSE:ABM) is a provider of integrated facility and workplace solutions. The company helps organizations operate, maintain and improve their buildings and infrastructure through services that include janitorial and custodial work, facilities engineering, HVAC and mechanical services, parking and transportation management, security, landscaping, and energy and sustainability solutions.

ABM serves a broad range of end markets, including commercial real estate, aviation, education, healthcare, manufacturing, technology, government and sports and entertainment facilities.