Zacks Research Lifts Earnings Estimates for ABM Industries

ABM Industries Incorporated (NYSE:ABM) – Equities research analysts at Zacks Research upped their FY2026 earnings estimates for shares of ABM Industries in a research note issued on Tuesday, September 29th. Zacks Research analyst Team now expects that the business services provider will earn $3.99 per share for the year, up from their prior estimate of $3.92. The consensus estimate for ABM Industries’ current full-year earnings is $4.00 per share. Zacks Research also issued estimates for ABM Industries’ Q1 2027 earnings at $0.89 EPS, FY2027 earnings at $4.23 EPS, Q2 2028 earnings at $1.07 EPS, Q3 2028 earnings at $1.15 EPS and FY2028 earnings at $4.49 EPS.

Several other analysts also recently issued reports on ABM. UBS Group upped their price objective on ABM Industries from $45.00 to $51.50 and gave the company a “neutral” rating in a research report on Wednesday, September 9th. Weiss Ratings upgraded shares of ABM Industries from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Truist Financial raised their price target on shares of ABM Industries from $45.00 to $49.00 and gave the stock a “hold” rating in a research note on Monday, September 14th. Finally, Robert W. Baird lifted their target price on shares of ABM Industries from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $50.88.

ABM Industries Stock Performance

ABM Industries stock opened at $48.49 on Wednesday. ABM Industries has a fifty-two week low of $36.96 and a fifty-two week high of $51.29. The company 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. The stock has a fifty day moving average of $48.35 and a two-hundred day moving average of $43.90. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.42 and a current ratio of 1.42.

ABM Industries (NYSE:ABM) last posted its earnings results on Tuesday, September 8th. The business services provider reported $1.04 earnings per share for the quarter, beating 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 firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period last year, the firm posted $0.82 EPS. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. ABM Industries has set its FY 2026 guidance at 3.950-4.100 EPS.

Institutional Investors Weigh In On ABM Industries

Several hedge funds have recently modified their holdings of ABM. IFP Advisors Inc grew its holdings in ABM Industries by 183.7% in the second quarter. IFP Advisors Inc now owns 590 shares of the business services provider’s stock worth $26,000 after purchasing an additional 382 shares during the period. Versant Capital Management Inc raised its holdings in shares of ABM Industries by 24.7% during the second quarter. Versant Capital Management Inc now owns 2,316 shares of the business services provider’s stock valued at $102,000 after purchasing an additional 458 shares during the period. Hennion & Walsh Asset Management Inc. boosted its position in shares of ABM Industries by 8.2% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 6,482 shares of the business services provider’s stock worth $287,000 after purchasing an additional 490 shares in the last quarter. Aberdeen Wealth Management LLC bought a new position in shares of ABM Industries during the 2nd quarter worth about $25,000. Finally, Continuum Advisory LLC acquired a new stake in shares of ABM Industries in the 2nd quarter valued at about $27,000. 91.62% of the stock is currently owned by hedge funds and other institutional investors.

ABM Industries Dividend Announcement

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

ABM Industries News Summary

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.

ABM Industries Company Profile

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.