ABM Industries (NYSE:ABM) Issues FY 2025 Earnings Guidance

ABM Industries (NYSE:ABM - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 3.650-3.800 for the period, compared to the consensus EPS estimate of 3.730. The company issued revenue guidance of -.

ABM Industries Trading Down 3.1 %

NYSE ABM opened at $49.66 on Wednesday. ABM Industries has a 1-year low of $41.51 and a 1-year high of $59.78. The firm has a market cap of $3.09 billion, a PE ratio of 39.10, a price-to-earnings-growth ratio of 2.75 and a beta of 1.13. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.73. The stock has a 50-day moving average of $52.69 and a 200-day moving average of $53.54.

ABM Industries (NYSE:ABM - Get Free Report) last announced its quarterly earnings results on Wednesday, March 12th. The business services provider reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.08. ABM Industries had a return on equity of 12.48% and a net margin of 0.97%. As a group, sell-side analysts forecast that ABM Industries will post 3.71 EPS for the current year.

ABM Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, April 3rd will be paid a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 2.13%. ABM Industries's payout ratio is currently 83.46%.

Analyst Upgrades and Downgrades

Separately, UBS Group lifted their target price on ABM Industries from $55.00 to $56.00 and gave the stock a "neutral" rating in a report on Thursday, December 19th.

Remove Ads

Insider Transactions at ABM Industries

In related news, CAO Dean A. Chin sold 4,281 shares of ABM Industries stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $52.36, for a total transaction of $224,153.16. Following the transaction, the chief accounting officer now directly owns 18,681 shares in the company, valued at approximately $978,137.16. The trade was a 18.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Rene Jacobsen sold 10,000 shares of ABM Industries stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $52.84, for a total value of $528,400.00. Following the transaction, the chief operating officer now owns 87,808 shares in the company, valued at $4,639,774.72. This trade represents a 10.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.90% of the company's stock.

ABM Industries Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.