Streetbeat News

ABM

ABM Industries Incorporated

https://www.abm.com

Industry

Specialty Business Services

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company operates through Business & Industry, Technology & Manufacturing, Education, Aviation, and Technical Solutions segments. It provides janitorial, facilities engineering, parking, custodial, landscaping and ground, and mechanical and electrical services; and vehicle maintenance and other services to rental car providers. The company was incorporated in 1985 and is based in New York, New York.

Open

55.91

Mkt cap

3.5B

Volume

224K

High

56.08

P/E Ratio

22.73

52-wk high

59.78

Low

54.94

Div yield

0.02

52-wk low

39.64

ABM Industries is set to release its Q3 earnings, with analysts expecting an EPS of $0.86 and revenue of $2.04 billion. The company recently acquired Quality Uptime Services for $119 million. Analysts have mixed ratings on ABM, with some adjusting price targets ahead of the earnings call.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 9:29 am

U.S. stocks fell on Thursday, with the Dow Jones dropping over 200 points and the S&P 500 declining for the third consecutive session. Tesla shares rose 4.9% following plans to expand its self-driving software to Europe and China by 2025. G-III Apparel Group's stock surged 22% after reporting strong earnings and guidance. The CNN Money Fear and Greed index remained in the 'Neutral' zone.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 6:18 am

U.S. stock futures are mixed with key earnings reports from ABM Industries, Broadcom, Big Lots, Smith & Wesson Brands, and Brady Corporation. ABM and Brady saw after-hours gains, while Broadcom and Smith & Wesson experienced declines.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 5:42 am

ABM has been awarded a NASPO ValuePoint contract to provide EV charging infrastructure solutions to state, local government, and educational entities across the nation.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:08 pm

The Nasdaq 100 closed slightly higher on Tuesday, with notable insider trades in Alphabet, CrowdStrike, ABM Industries, and Patterson Companies. Insider sales can indicate various factors, including concerns about company prospects or stock overvaluation. Key trades include Alphabet's Director selling 1,500 shares, CrowdStrike's Chief Security Officer selling 4,000 shares, ABM Industries' COO selling 40,000 shares, and Patterson Companies' CEO selling 7,216 shares.

Portfolio Pulse from Avi Kapoor

July 17, 2024 | 12:49 pm

ABM Industries has acquired Quality Uptime Services for $119 million in an all-cash deal, enhancing its position in the critical power services industry.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:16 pm

Four industrial stocks, American Superconductor Corporation (AMSC), Verisk Analytics (VRSK), Stericycle Inc (SRCL), and ABM Industries Inc (ABM), are currently overbought according to their RSI values, indicating potential short-term price declines. Despite recent strong financial results and stock gains, these stocks may face downward pressure.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 12:41 pm

Top Wall Street analysts have updated their outlooks on several US-listed companies, including AMD, Delek US Holdings, Boot Barn Holdings, Targa Resources, Tandem Diabetes Care, Chewy, Celanese Corporation, Krispy Kreme, ABM Industries, and Applied DNA Sciences. The updates include both price target changes and rating adjustments.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 11:54 am

Baird analyst Andrew Wittmann maintains a Neutral rating on ABM Industries (NYSE:ABM) and raises the price target from $48 to $49.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:04 am

UBS analyst Joshua Chan maintains a Neutral rating on ABM Industries (NYSE:ABM) and raises the price target from $45 to $51.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 6:49 pm

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