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

ABM Industries (NYSE:ABM) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.650-3.800 for the period, compared to the consensus earnings per share estimate of 3.730. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Separately, UBS Group boosted their price target on shares of ABM Industries from $55.00 to $56.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th.

ABM Industries Price Performance

Shares of NYSE ABM opened at $49.66 on Wednesday. The stock has a market cap of $3.09 billion, a P/E ratio of 39.10, a P/E/G ratio of 2.75 and a beta of 1.13. ABM Industries has a twelve month low of $41.51 and a twelve month high of $59.78. The stock has a 50 day moving average of $52.66 and a two-hundred day moving average of $53.50. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.73.

ABM Industries (NYSE:ABM) last released its quarterly earnings results on Wednesday, March 12th. The business services provider reported $0.87 EPS for the quarter, beating the consensus estimate of $0.79 by $0.08. ABM Industries had a net margin of 0.97% and a return on equity of 12.48%. On average, research analysts forecast that ABM Industries will post 3.71 earnings per share for the current year.

ABM Industries Dividend Announcement

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

Insiders Place Their Bets

In other news, CAO Dean A. Chin sold 4,281 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $52.36, for a total value of $224,153.16. Following the completion of the sale, the chief accounting officer now owns 18,681 shares in the company, valued at approximately $978,137.16. This trade represents a 18.64 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Rene Jacobsen sold 10,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $52.84, for a total transaction of $528,400.00. Following the transaction, the chief operating officer now owns 87,808 shares in the company, valued at approximately $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. 0.90% of the stock is owned by insiders.

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.